Khyber Pakhtunkhwa Eyes Tourism Boost by Leasing Rs7 Billion Land at Low Rates to Attract Foreign Investment

by Taimoor khan : In a bold move to boost tourism in northern Pakistan, the Khyber Pakhtunkhwa (KP) government has decided to lease out 58 acres of prime land in Abbottabad’s scenic Thandiani region for the development of five-star hotels, parks, and other recreational facilities. The initiative, aimed at drawing international investment, includes plans for…

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Fitch Raises Pakistan’s Rating to ‘B-‘, Highlights Reform Progress and Outlook Improvement

Monitoring Desk : Fitch Ratings has upgraded Pakistan’s Long-Term Foreign-Currency Issuer Default Rating (IDR) to ‘B-’ from ‘CCC+’, reflecting growing confidence in the country’s recent economic reforms and fiscal discipline. The outlook remains Stable. In a statement issued Tuesday, Fitch cited Pakistan’s strides in narrowing budget deficits, implementing structural reforms, and adhering to its IMF…

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