Why Pakistan must embrace structural reforms
In the aftermath of the IMF-sponsored $7 billion Extended Fund Facility (EFF) program, Pakistan’s economy has entered into a phase of stabilisation mode as higher inflation has witnessed a sharp decline, and real GDP growth could only go up with the right kind of interventions
Pakistan offers fully funded scholarships for Bangladeshi students
ISLAMABAD: Pakistan has launched a new programme offering fully funded scholarships to hundreds of Bangladeshi students. Under the Pakistan-Bangladesh Friendship Scholarship Programme, Islamabad will offer scholarships to 300 Bangladesh students in the country’s top universities. Pakistan state-run television PTV News reported that a meeting was held at the Ministry of
World Bank source denies reports of canceling $500M loan to Pakistan
ISLAMABAD: Recent media reports alleged the cancellation of a $500-600 million loan for Pakistan under the World Bank’s Program for Affordable and Clean Energy (PACE-II). However, the Ministry of Economic Affairs has refuted these claims. The ministry clarified that PACE-II was never under preparation and, therefore, could not have been
Lahore retains unwanted crown of world’s most polluted city with AQI 349
LAHORE: The air quality in Lahore has reached a dangerous level again and has been ranked the worst air quality affected city in the world. According to the Swiss group IQAir’s real-time data, Lahore’s air quality index (AQI) score was 349 on Thursday morning categorising it as ‘hazardous’. This air
Former minister wants govt to ban first-cousin marriage in UK
Richard Holden, former United Kingdom (UK) minister, wants the government to ban the first-cousin marriages in the country.
Pak-China three-week joint exercise warrior-VIII concludes
ISLAMABAD: Pakistan and China militaries have successfully concluded three weeks long joint counterterrorism exercise “Warrior-VIII”, the Inter-Service Public Relations (ISPR) said on Wednesday. According to ISPR, Pak-China Joint Exercise Warrior-VIII between the Pakistan Army and Peoples Liberation Army of China was conducted from 19 November to 11 December 2024. A
ADB approves $200 million loan to modernize power distribution sector in Pakistan
ISLAMABAD: The Asian Development Bank (ADB) has approved a $200 million loan to modernize power distribution infrastructure in Pakistan. Under the project, over 300,000 advanced metering systems will be installed along with data management and communication systems. According to a statement issued by the ADB, the project will focus on
Here’re most googled topics, categories in Pakistan for 2024
WEB DESK: Google releases Pakistan’s top trending searches for 2024 across six categories: cricket, movies and drama, recipes, technology, and personalities. Google, the world’s leading search engine, remains an integral part of daily internet usage, hosting billions of searches every day. At the end of each year, Google unveils a
Faiz Hamid arraigned on charges of ‘misuse of authority’: ISPR
A charge sheet has been filed against former intelligence chief Faiz Hameed on charges of engaging in political activities, violations of the Official Secrets Act detrimental to the safety and interest of the state, misuse of authority & government resources, and causing wrongful loss to a person(s).