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Posts published in “Day: May 2, 2012

World Bank agrees in principle to fund Diamer-Bhasha Dam

By Khalid Mustafa in The News, May 2, 2012 ISLAMABAD: The World Bank has agreed in principle to fund the Diamer-Bhasha Dam, a senior official at the Ministry of Finance told The News.“The Finance Minister had written a letter to the president of the World Bank seeking funding for the project,” he said. “The Asian Development Bank (ADB) – the lead financial institution in providing funds for Diamer-Bhahsa dam – had asked the government of…

Arms recovered

GILGIT, May 1: Police recovered huge quantity of arms and ammunition and arrested two people here on Tuesday. Deputy Inspector General of Police Ali Sher told reporters in Gilgit that police on a tip-off raided a place in Kargah Nullah and recovered several SMGs, rifles, shotguns, pistols and live bullets. He said police also stopped a Chilas-bound vehicle at Hamochal checkpost and recovered explosives concealed in it and arrested the driver. http://dawn.com/2012/05/02/arms-recovered-3/