Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
  • Home
  • Islamabad
  • Karachi
  • Lahore
  • National
  • Transfers and Postings
  • Chambers & Associations
  • Business
No Result
View All Result
Customs Today
No Result
View All Result
Home Business

Federal govt to give Rs1.2b, Punjab Rs0.8b subsidy to metro bus authority

byCustoms Today Report
17/04/2015
in Business
Share on FacebookShare on Twitter

ISLAMABAD: The central government has decided to give huge subsidy to Punjab Metro Bus Authority (PMBA) to keep this Rs44.2 billion project operational, even more than its revenue.

As per a planned subsidy formula, the federal government will pay Rs1.2 billion, while Punjab government Rs0.8 billion annually to the metro authority.

You might also like

Business leaders seek greater relief for salaried class in budget 2026-27

13/06/2026

Canadian delegation visits UAF

12/06/2026

According to Newspeak, a design consultant of the project, 139,000 passengers will commute daily between the twin cities – 75,000 from Rawalpindi and 64,000 from Islamabad, while out of the total length of the metro corridor, 8.5km falls in Rawalpindi, having 10 stations and 13.9km in Islamabad with 14 stations.

Related Stories

Business leaders seek greater relief for salaried class in budget 2026-27

byCT Report
13/06/2026

ISLAMABAD: Leading business representatives have expressed mixed reactions to the federal budget, arguing that the salaried class deserved greater relief...

Canadian delegation visits UAF

byCT Report
12/06/2026

FAISALABAD: A three-member delegation from the Canadian High Commission, Islamabad, visited University of Agriculture Faisalabad (UAF) to discuss the area...

Pakistan eyes $25m annual buffalo genetics exports to China

byCT Report
11/06/2026

ISLAMABAD: Pakistan has signed a Material Transfer Agreement (MTA) with China's Royal Group to export buffalo genetic material, opening a...

FILE PHOTO: The Habib Bank Limited (HBL) logo is seen on the head office building in Karachi, Pakistan, April 18, 2016. REUTERS/Akhtar Soomro/File Photo

HBL announces 3-day service shutdown following Meezan & Allied Bank

byCT Report
10/06/2026

KARACHI: Habib Bank Limited (HBL) has officially announced a temporary closure of all its services. Consequently, the massive shutdown will...

Next Post

Latest WhatsApp Plus 6.87 APK Free Download features bug fixes, more improvements so that it can run smoother

  • Terms and Conditions
  • Disclaimer

© 2011 Customs Today -World's first newspaper on customs. Customs Today.

No Result
View All Result
  • Transfers and Postings
  • Latest News
  • Karachi
  • Islamabad
  • Lahore
  • National
  • Chambers & Associations
  • Business
  • About Us

© 2011 Customs Today -World's first newspaper on customs. Customs Today.