No debt burden on Pakistan due to CPEC power projects: China
China has said that power projects under the China-Pakistan Economic Corridor (CPEC) did not incur debt burden on Pakistan as they were investment projects.
“I can say this with good authority that these energy projects are...
Steel cutting ceremony of Bollard Pull Tug being constructed by Pakistan Navy & Karachi Shipyard and Engineering Works KS&EW 🇵🇰 ⚓
#Pakistan #PakistanNavy #KS&EW #Navy 🇵🇰
Corruption increases: Pakistan slips four places on global Corruption Perceptions Index 2020
Pakistan ranked 124 out of 180 countries in the Corruption Perceptions Index (CPI) 2020 released by Transparency International on Thursday, slipping by four spots from the previous year's ranking amid...
Breaking: While FO rejected Afghan government statement against fencing of 2500km #Pak- #Afghan border, Pak Army Spokesperson Maj Gen Babar Iftikhar confirms today, “ 1700km fencing is completed, project will b completed by end of 2021, fencing at 11000ft high peaks is going on”.
#Pakistan...
The government has unveiled the Pakistan Economic Survey for fiscal year 2019-20 and the economic indicators paint a bleak picture of the economy. It is clear that the government's performance has been below par and quite a few key macro targets have been missed by a wide margin.
As the...
Dispelling the impression that pursuing nuclear technology was a drain on national resources, a top Pakistani nuclear scientist claimed that its peaceful use helped the country to add 1,200 billion rupees ($7.4 billion) to its national exchequer.
Participating in a webinar program to...
Pakistan's inflation to decrease to 4.8%, debt-to-GDP ratio to 73% in 2025: IMF
This decrease would be witnessed starting 2021, the IMF added
Pakistan's inflation and debt-to-GDP ration were expected to fall respectively to 4.8% and 73% by 2025, the International Monetary Fund (IMF) said
In a...
Pakistani Students Develop a Kit to Identify COVID Patients in 20 Seconds
Two Pakistani students have developed a device that can diagnose coronavirus through AI within 20 seconds.
Mohammad Aleem and Rahul Raj, students at Gulam Ishaq Khan Institute (GIKI), are the masterminds behind this...
As Pakistan seeks to significantly scale-up nuclear power to meet the rising energy demands of a growing population, the South Asian country has turned to the IAEA for support in strengthening its nuclear power programme. Regulators, operators and representatives of organizations involved in...
Pakistani scientist set to unveil world’s first eco-friendly aircraft engine
World's first generation contrail free engine to be unveiled in Pakistan late 2020.
Statistics reveal contrails have contributed 15% to global warming & number is said to be rising
The new engine design will turn...
PIA to Add 5 New Aircraft to Its Fleet in 2020
Pakistan International Airlines (PIA) is going to add five new airplanes to its fleet under the new aviation policy. The Federal Minister for Aviation, Ghulam Sarwar Khan, said this during a press interaction
Speaking to media ahead of the...
Xian Aircraft Industrial Corporation under the parent company Aviation Industry Corporation of China (AVIC) is working on a shoulder-winged turboprop-powered airliner known as Modern Ark 700 (MA700) with the ability to operate in complex flight environments.
Pakistan, among other countries...
Pakistan’s consumer inflation rate jumped to 10.3% year-on-year in July, 2019 as compared to an increase of 8.9% in June 2019 and 5.8% in July 2018. The last time inflation entered the double digits was in November 2013 and recorded at 10.9%.
On a month-on-month basis, it increased by 2.3% in...
COAS inaugurates new blocks at CMH Rawalpindi
With enhanced capacity of 1,150 beds, as many as 5,000 patients can now be treated daily at hospital's OPD
Chief of Army Staff (COAS) General Qamar Javed Bajwa inaugurated the new blocks, a project that commenced in 2013, at the Combined Military...
Pakistan GDP growth to slow down to 2.7 percent in FY2019-20: World Bank
Consumer prices in Pakistan rose by 8.2% from February 2018-2019, the highest rate in South Asia: World Bank report
Pakistan’s GDP growth is projected to slow down to 3.4 percent in fiscal year 2018-19, from 5.8...
In a quarterly report, State Bank Of Pakistan projects real GDP growth to go down to 3.5%, says CPI inflation at "highest level in 17 consecutive quarters to 6.5%.
Upward revision in the prices of natural gas by the government has alone contributed around 1.0 percentage point in the recent...