By Staff Reporter
KARACHI: Widespread flooding across the country so far has killed 937 people, including 343 children and left at least 33 million without shelter and food, forcing the government to declare a state of emergency, officials said.
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Federal Minister for Energy Engineer Khurram Dastgir Khan pictured during his visit of Thar Coal Block One poject on August 26, 2022. Photo courtesy Radio Pakistan
Energy minister eager to expedite Thar coal power project
Khurram Dastgir Khan hopes the project to bring much needed employment opportunities to the locals of the region as well as affordable electricity to the nation. By Naveed Naqvi.
Qatar billions not debt but investment
The energy-exporting emirate seems to be entering into a strategic partnership with energy-importing Pakistan, sweetened by investments in Pakistan’s strategic mega-ventures. By Ahmer Kureishi ISLAMABAD:
Prime Minister’s Head of Strategic Reforms Salman Sufi Thursday addressing Pakistan Telecommunication Authority (PTA)’s Consumer Conference 2022 at Islamabad via video link on August 25, 2022. Screengrab from video shared by the PTA’s official twitter handle (@PTAofficialpk)
Sufi spells out strategic vision PTA conference
The DNCR service and Citizen Data Privacy Act are important pieces but the puzzle is still far from complete. The good news is that the PTA has a positive vision. By Naveed Naqvi.
Saudi Arabia to invest $1 billion in Pakistan
By Staff Reporter
ISLAMABAD: Saudi Arabia plans to invest $1 billion in Pakistan to support the country’s economy, official Saudi Press Agency (SPA) reported on Thursday.
Imran Khan gets interim bail until September 1
The former prime minister is in trouble for issuing threatening remarks targeting two top police officers and a judge in his speech at a charged party rally. By Naveed Naqvi.
FDI drops to $59 million in July
By Staff Reporter
KARACHI: Pakistan’s foreign direct investment (FDI) fell 43 percent to $59 million in July from $103.8 million same period last a year ago, the central bank data showed on Wednesday.
Qatar plans to invest $3 billion in Pakistan
By Staff Reporter
ISLAMABAD: Qatar’s sovereign wealth fund plans to invest $3 billion Pakistan, the ruler’s office said on Wednesday, extending its support to the cash-strapped economy of the South Asian country.
Current account deficit narrows to $1.21 billion in July
By Staff Reporter
KARACHI: Current account deficit narrowed to $1.21 billion, in the first month of the fiscal year that began July 1 from $2.187 billion in the previous month, boosted by a sharp cut in imports, the central bank said in balance of payments figures released on Wednesday.
PM Sharif exempts 17 million electricity consumers from fuel adjustment charges
By Staff Reporter
KARACHI: The government planned to exempt at least 17 million consumers from paying fuel adjustment charges (FCA) in their monthly electricity bills to provide relief from sky-high energy bills, Prime Minister Shehbaz Sharif said on Tuesday.