Pakistan needs over $16 Billion for post flood reconstruction: Report
Pakistan needs at least US$16.3 billion for rehabilitation and reconstruction in a resilient way to support the country’s adaptation to climate change and overall resilience of the country to future climate shocks. The assessment estimates total damages to exceed $14.9 billion, and total economic losses to reach about USD 15.2 billion. The report shows that…
Adil Aziz
Meezan Bank donates Rs. 35 Million to finance solar panels for Indus Hospital
Meezan Bank- Pakistan’s leading Islamic bank has donated Rs. 35 million to Indus Hospital & Health Network for installation of a solar panels system. The initiative is part of the Bank’s Corporate Social Responsibility and Sustainability initiatives for 2022 and will provide financing to cover part of the 1.2MW solar power project being installed on…
Pakistan witnesses 300% rise in GLOF, rising sea levels in one year
The Senate Standing Committee on Climate Change was briefed that the country witnessed a 300 percent increase in glacial lake outburst flood (GLOF) incidents and rising sea levels threatening the existence of cities such as Thatta, Badin and Karachi in just one year. The meeting of the Senate Standing Committee was held under the chair…
HEC invites applications under PM’s national innovation award programme
The Higher Education Commission (HEC), has invited applications from the Pakistani young innovators and entrepreneurs for funding under the Prime Minister’s National Innovation Award to turn their ideas into businesses. According to HEC on Friday, the youth aged between 15 to 30 may submit their proposals through www.pmyp.gov.pk by November 15, 2022. The Prime Minister’s…
BISP receives high performance award from CIRDAP Bangladesh
The Center on Integrated Rural Development for Asia and the Pacific (CIRDAP), Bangladesh has awarded “Azizul Haq Rural Development Award” to the Benazir Income Support Programme (BISP) on Friday in recognition of its outstanding performance in terms of rural development and poverty reduction. The CIRDAP has acknowledged BISP’s contributions to promoting multi-disciplinary programme activities contributing…
Pakistan export to China up 2% in Jan-Sept 2022
Pakistan’s export to China crossed US$2.57 billion in the first nine months of this year, up 2 percent year on year. Ghulam Qadir, Commercial Counsellor at Pakistan Embassy in China, told China Economic Net (CEN) that Pakistan’s exports to China are increasing every month on a yearly basis and the Pakistani government is working hard…
Blome announces additional 30 million dollar assistance for flood affected people
United States’ Ambassador Donald Blome announced Thursday an additional $30 million in humanitarian assistance to support flood-affected populations in Pakistan. This new funding brings the United States total assistance to Pakistan for flood response, food security, and disaster preparedness and capacity building efforts to $97 million this year. Ambassador Blome made the announcement during a…
Latest cutting-edge water recycling and treatment technologies on display at Pakistan Water Week Exhibition 2022
The latest cutting-edge water recycling and treatment technologies displayed at the two-day ‘Pakistan Water Week Exhibition 2022’ kicked off at Pakistan Council of Research in Water Resources (PCRWR) on Thursday captured the attention of the visitors from different walks of life, water experts and students. The Water Week Exhibition is being arranged as a part…
Pak-US cooperation in agri-sector critical for ensuring food security: Masood Khan
Close cooperation between Pakistan and the United States is critical to ensure food security, especially in the wake of devastating floods that have inundated one-third of the country. “The need to strengthen our cooperation was never as great as it was today to avoid any untoward situation regarding food security in the region,” he said…
Pharma industry agrees to reduce paracetamol prices: Dar
Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar said that the pharma industry agreed to provide paracetamol products at reduced prices. He said this during a meeting with heads of pharmaceutical companies involved in the production of paracetamol products, a Finance Ministry press release said. The meeting was also attended by the SAPM…