The government has decided to conduct a special survey for evaluating the impact of the COVID-19 on the well-being of the people as the economy was affected by the pandemic. According to the Pakistan Bureau of Statistics (PBS), Pakistan is currently trying to cope with this global challenge, however, it seems that the economy of
Govt is Spending $10 Billion on Debt Payments: Ministry of Finance
Asim No Comment Industry
The federal cabinet has been informed by the Ministry of Finance (MoF) that the present government is spending around $10 billion per annum for debt repayment compared to around $5.5 billion paid by the previous government. The cabinet, which met with Prime Minister Imran Khan heading it, was given a detailed briefing about the country’s
NED Students and NCCPL Develop AI-Based Software for Cyber Security of Financial Systems
Asim No Comment Industry
Students of the National Center for Cyber Security (NCCS) at the NED University of Science and Technology, Karachi, in collaboration with the National Clearing Company of Pakistan Limited (NCCPL) have developed an Artificial Intelligence (AI) based cybersecurity software which accurately detects dubious activities and averts breaches in financial systems. Named “Security and Threat Intelligence Platform,”
ADB to provide loan of $300mn for Third Capital Market Dev Program
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Asian Development Bank will provide a loan 300 million dollars for Third Capital Market Development Program in Pakistan. Minister for Economic Affairs Makhdum Khusro Bakhtyar witnessed the loan signing ceremony in Islamabad today (Wednesday). Third Capital Market Development Program will facilitate the design and implementation of reforms that are necessary to create an enabling environment
Govt reduces price of High Speed Diesel by Rs 2.40 per litre
Asim No Comment Industry
The government has reduced the price of High Speed Diesel by 2.40 rupees per litre. According to a notification issued by the Prime Minister office, there will be no increase in the price of Petrol for next fifteen days. Source: Radio Pakistan
Two terrorists killed in Balochistan: ISPR
Asim No Comment General
Two terrorists were killed during an intelligence based operation on their hideout by the security forces in Mazaband Mountains of Kech in Balochistan. According to ISPR, these terrorists were involved in killing of civilians, extortion and attack on security forces. A large cache of arms and communication equipment was also recovered. Source: Radio Pakistan
Govt taking all-out measures to achieve United Nations SDGs: Yasmin
Asim No Comment Government & Politics
A delegation of the United Kingdom’s Department of International Development called on Punjab Health Minister Dr Yasmin Rashid in Lahore. During the meeting, the Punjab Minister for Health discussed with the DIFD team about upgradation of public sector hospital, capacity enhancement initiatives for Nursing schools, Sustainable Development Goals, Mother and Child Indicators and Family Planning
Speaker Punjab Assembly calls on CM Punjab in Lahore
Asim No Comment Government & Politics
Speaker Punjab Assembly Ch. Pervez Elahi called on Chief Minister Punjab Sardar Usman Buzdar in Lahore. During the meeting they discussed issues of mutual interest. They condemned the nefarious effort of making national institutions controversial and expressed the commitment that every conspiracy against the state institutions will be fully countered and no compromise will be
Jam Kamal directs to launch Green Bus Service in Quetta
Asim No Comment General
Chief Minister Balochistan Jam Kamal Khan has instructed to launch Green Bus Service in Quetta on an experimental basis to provide low rate and quality travelling facility to the people. He was chairing a meeting held in Quetta in which installation of a tracker system in passenger coaches of Quetta-Karachi route and Green Bus project
Govt giving special focus to industrial development: CM KP
Asim No Comment Government & Politics
Chief Minister Khyber Pakhtunkhwa Mahmood Khan says the incumbent government is giving special focus to industrial development in the province. Presiding over a meeting in Peshawar, he said all out resources will be utilized for completion of special economic zones in the province. The Chief Minister directed all the concerned departments to prepare industrial road