Islamabad: Pakistan has become the top borrower from the World Bank and secured the top position in the list, according to a recent report. In the year 2023, Pakistan obtained a considerable loan of $2.03 billion through the International Development Association (IDA) program. The report further indicates that Pakistan also received important aid amounting to $1.07 billion from the IDA, which was directed towards assisting flood victims. This financial Aid covers various sectors, including housing, agriculture, education, and healthcare, demonstrating extensive effort to alleviate the impact of natural disasters. A significant part of the aid, amounting to one billion dollars,…
Author: Saifullah
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Peshawar: Peshawar High Court on Monday issued notices to all parties on a plea that challenged the recent census of the Khyber Pakhtunkhwa. A court hearing concerning the plea against the decrease in population in the census was heard at Peshawar High Court. The lawyer in his plea, said that the population of Khyber Pakhtunkhwa was counted less in the digital census, Showing less population in a census will drag Khyber Pakhtunkhwa into more issues, and will impact by reducing the developmental funds and other benefits as well, he said the presence of the interim chief minister in the council…
Islamabad: Muslim League N senior leader and ex-defense minister Khwaja Asif said, the Punjab government and federal government were offered in return for supporting Bajwa’s Extension. While talking to a private channel Khwaja said no one can fully affirm the offer in return for supporting Bajwa’s extension. The party’s leadership felt the need to support Bajwa’s extension at that time. Ex-defense minister Khwaja Asif said that in Bajwa’s extension support, they gave him an offer, he added they talked to Khwaja sometime before the month in which the voting took place, Khwaja was asked about his decision and also anything…
PESHAWAR: President of Awami National Party (ANP) Aimal Wali Khan rejected recently announced preliminary delimitation lists, announcing to move the court against fresh delimitation. While addressing a press conference Aimal Wali Khan stressed that the Khyber Pakhtunkhwa population was shown less intentionally, which is not acceptable by any means. He said that the delimitation was also changed unnecessary, which will have negative impact on the whole political system. He pointed out that reducing the number of the national assembly in proportion to population is injustice with the Khyber Pakhtunkhwa, saying that hundreds of thousands of people had migrated to other…
Karachi: Pakistan and the Gulf Cooperation Council (GCC) inked a preliminary free trade agreement, underscoring the mutual commitment to fortify trade ties and economic collaboration. The historic accord, signed by the GCC Secretary General and Pakistan’s Minister of Commerce, signifies a pivotal moment in bilateral cooperation, aiming to boost prosperity and growth. This development aligns with Pakistan’s efforts to showcase an improved business environment and attract foreign investment, particularly from Gulf countries. The recently established Special Investment Facilitation Council (SIFC) plays a key role, focusing on priority sectors like agriculture, mining, information technology, defense production, and energy. The positive reception…
OpenAI has achieved a significant breakthrough with its generative AI platform, ChatGPT. This platform can now tap into real-time internet data, a substantial leap forward from its previous reliance on a static database that only extended up to August 2021. In a recent announcement on X (formerly Twitter), OpenAI disclosed that ChatGPT can now actively browse the internet, delivering users current and authoritative information complete with direct source links. This advancement liberates ChatGPT from data constraints that were tied to information predating September 2021. OpenAI has also highlighted that this innovative feature will enable websites to control how ChatGPT interacts…
In a recent economic report, the Ministry of Finance has issued a concerning forecast: high inflation rates are expected to persist in the coming months, remaining within the range of 29 to 31 percent. The primary drivers of this inflationary trend are the soaring prices of petrol and electricity, which have widespread ripple effects on the economy. The Minister of Finance has also expressed apprehension about the potential consequences of this inflation. In particular, citizens should prepare for the possibility of increased transportation costs, higher prices for essential goods, and rising expenses within the services sector. However, amidst these challenges,…
In the aftermath of last year’s devastating floods, the UN Secretary-General has appealed for support for Pakistan as it undergoes reconstruction. Antonio Guterres, addressing the UN headquarters in New York, labeled Pakistan as a “double victim” of both “climate chaos” and an “unjust” global financial system. Guterres emphasized the challenges faced by Pakistan, stating, “Pakistan is a double victim – grappling with the consequences of climate chaos and hindered by an outdated and unjust global financial system that obstructs middle-income countries from accessing essential resources for adaptation and resilience.” The floods in 2022, triggered by intense monsoon rains, submerged one-third…
On Tuesday, the Russian Embassy in Islamabad Pakistan announced that Pakistan has received its first shipment of Liquid Petroleum Gas (LPG) from Russia, marking Pakistan as the second largest buyer of LPG. The embassy said the shipment was successfully delivered to Pakistan with Iran’s help, which came after an earlier deal of crude oil between Pakistan and Russia. The embassy further stated that Russia has successfully delivered the first shipment of 100,000 metric tons of LPG to Pakistan through Iran’s Sarakhs special zone, making it the second-largest South Asian country. The embassy further added that “consultation on a second shipment…
The Election Commission of Pakistan (ECP) has formulated the polling scheme for the upcoming general elections, aiming to establish a total of 91,809 polling stations across 859 constituencies in national and provincial assemblies. Among these, 32,000 have been identified as sensitive, while 17,000 are categorized as highly sensitive. These details were disclosed in a meeting of the Senate Standing Committee on Parliamentary Affairs, chaired by Senator Taj Haider. The committee emphasized the importance of the electoral body conducting the polls within the constitutional framework of 90 days. During the meeting, ECP Secretary Omar Hamid Khan provided insights into the arrangements,…
