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ISLAMABAD (Eshfak Mughal):- Pakistan’s current account deficit soared to $3.4 billion during the first quarter of the current fiscal years mainly due to skyrocketing import bill. Indeed, this is alarming situation for the country’s policy makers as they had set the target of current account deficit $2.3 billion for current fiscal year. The State Bank […]
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BRUSSELS (our correspondent):- The Eropean Council renewed the existing restrictive measures against ISIL/Da’esh and Al-Qaeda and their associates. According to the statement issued by the Council, the ISIL, Da’esh and Al-Qaeda and persons, groups, undertakings and entities associated with them, prolonging the duration of the sanctions regime for a further 12 months until 31 October 2022. Currently, six individuals are […]
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KUNMING, China (our reporter ):- Success in pursuing initiatives for greening of development in the People’s Republic of China (PRC) rests largely on partnerships with various stakeholders, according to a new book launched today by the Asian Development Bank (ADB). Effective collaboration will help fully test the potential of new tools such as eco-compensation, technological […]
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KARACHI (our reporter):- Governor Sindh Imran Ismail inaugurated the 35th Lifestyle Furniture Exhibition. The three-day exhibition is held in two halls of Karachi Expo Center. Speaking on the occasion, Governor Sindh Imran Ismail said the COVID pandemic had shaken the economies across the globe, and inflation spiked in the developed countries. However, Pakistan remained least […]
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Dubai (our reporter):- The Galaxy Racer, the world’s fastest growing eSports company, takes a massive leap by signing a Memorandum of Understanding (MoU) with the newly established Special Technology Zones Authority (STZA). The ceremony was held in Dubai on Saturday. The President of Pakistan, Dr. Arif Alvi was grace the occasion. STZA has been set […]
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BRUSSELS (our reporter):- The European Council and the Council of Europe has jointly reaffirmed their firm opposition against the death penality and said that they will support to any effort in this regard. According to the joint statement on the Wold Day against the death penality. high representatives of the both organizations reaffirm their firm […]
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ISLAMABAD (Eshfak Mughal ):- Pakistan’s Central Government debt climbed by Rs 1172 billion to Rs.39.87 trillion during the first month of the current fiscal year 2012-22, according to the report issued by the State Bank of Pakistan mainly due to increase in external debt. The report said that the central government debt has been increased […]
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ISLAMABAD (our reporter):- The Ukraine’s second-largest city, Kharkiv, is accelerating its investment in green solutions by joining EBRD Green Cities, the European Bank for Reconstruction and Development (EBRD)’s flagship urban sustainability programme. In a memorandum of understanding signed, Kharkiv committed to developing a tailor-made Green City Action Plan that will shape the response to its environmental […]
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The United Arab Emirates (UAE) has become a full member of the European Bank for Reconstruction and Development (EBRD) and its 72nd shareholder, setting the stage for new investment opportunities across the Bank’s regions. The UAE will not become an EBRD country of operations. The UAE government applied for EBRD membership in September 2020, expressing its wish to contribute to the Bank’s […]
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NEWYORK (our reporter):- Pakistan claimed on Saturday that India is involve in four types of terrorism including state terrorism, financing to terrorists. Pakistan’s representer was responding in the meeting of General Assembly while using the right of reply.He said that today, India is involved in at least 4 different types of terrorism. First, India is […]
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