US congressional delegation concludes visit to Pakistan

News Image

MG News | July 03, 2017 at 05:52 PM GMT+05:00

0:00

United States Senator John McCain, Senate Armed Services Committee Chairman, leading a delegation including Senator Lindsey Graham, Senator Sheldon Whitehouse, Senator Elizabeth Warren and Senator David Perdue, concluded his visit to Pakistan on Monday.

According to a press release issued by the US Embassy in Islamabad, the Senators thanked their Pakistani hosts for their hospitality.

During their visit to Pakistan the Senate delegation took an aerial tour of the Federally Administered Tribal Areas (FATA) and was able to see some of the infrastructure projects built with American assistance.

In December 2016, the Embassy signed an agreement to provide over 8.5 billion rupees for the Kurram Tangi dam project in North Waziristan. Through the USAID grant more than 16,000 acres of farmland will be irrigated, enough to benefit 100,000 people, and when the overall project is complete the dam will produce 18.4 megawatts of electricity.

Also with United States government assistance, last year the Government of Khyber Pakhtunkhwa completed the Rs 7.5 billion Gomal Zam irrigation project, which will generate 17.4 megawatts of electricity, irrigate 191,000 acres in Tank and Dera Ismail Khan Districts, while increasing business, trade, and jobs for 30,000 households.

To date, the American government has also provided 9.9 billion rupees in supporting law enforcement personnel in FATA, across a wide range of projects, including the Rupees 1.4 billion Takhta Baig – Mattani road completed in August 2016 and construction of more than 100 border outposts and defensive structures to support the Government of Pakistan in their counter-terrorism operations.

Related News

Name Price/Vol %Chg/NChg
KSE100 148,617.78
624.60M
0.86%
1274.27
ALLSHR 91,685.08
1,340.28M
0.74%
669.39
KSE30 45,247.79
197.43M
0.83%
370.74
KMI30 212,370.79
224.51M
1.05%
2209.48
KMIALLSHR 61,227.89
711.87M
1.18%
715.56
BKTi 41,264.02
160.39M
0.54%
221.73
OGTi 30,019.10
23.63M
0.64%
190.41
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 108,265.00 113,390.00
108,020.00
-4475.00
-3.97%
BRENT CRUDE 67.46 67.94
67.29
-0.52
-0.76%
RICHARDS BAY COAL MONTHLY 88.70 88.70
88.70
-0.75
-0.84%
ROTTERDAM COAL MONTHLY 96.15 96.75
96.00
-0.40
-0.41%
USD RBD PALM OLEIN 1,106.50 1,106.50
1,106.50
0.00
0.00%
CRUDE OIL - WTI 64.01 64.55
63.88
-0.59
-0.91%
SUGAR #11 WORLD 16.34 16.52
16.33
-0.14
-0.85%

Chart of the Day


Latest News
August 30, 2025 at 04:28 PM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


August 29, 2025 at 06:04 PM GMT+05:00

SCRA inflows offset Rs8.5bn net selling


August 29, 2025 at 05:46 PM GMT+05:00

SECP cuts bonus, right issue timelines



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg