Finland donates 3 million euros' aid to Pakistan

HELSINKI: Finland has donated 3.0 million euros (4.0 million dollars) into a fund for the reconstruction and stabilisation of areas of Pakistan on the Afghanistan border, the foreign ministry said Friday.

“The stability of Pakistan and the stability of Afghanistan are closely linked and supporting border areas also promotes broader regional development,” it said in a statement.

Cement units seek 50pc subsidy on freight

KARACHI: Cement manufacturers have sought 50 per cent subsidy on the inland freight cost to boost cement export to more than $1 billion, industry sources said here on Wednesday. 
 
All Pakistan Cement Manufacturers Association (APCMA) in a letter to the government said that the payment of $36 million as freight equalisation subsidy to the cement factories will get an additional export earning of $359 million.