WB rescinds $250 million loan for climate change and disaster risk

Both sides were unable to reach a consensus on a new macroeconomic framework

Differences over devaluation surfaced in fiscal policy board meeting

Finance Minister asks SBP to develop information sharing mechanism on major decisions, meanwhile, government expects improvement in economy after January 2019

Pakistan lost $384m last year owing to climate change: report

BEIJING: Pakistan has suffered an economic loss of $384 million due to extreme weather events last year, according to a new climate change index. Meanwhile, Bangladesh...

World Bank promises $200bn in 2021-25 climate cash

NEW YORK: The World Bank on Monday unveiled $200 billion in climate action investment for 2021-25, adding this amounts to a doubling of its current...

CCoE bars import of imported furnace oil for three months

The Power Division apprised the committee that furnace oil was being utilized to stabilize fuel supply and in the last few months it was being used by power plants rather than LNG

How Zahoor Sarwar made energy conservation his business

Research Teck is focused on helping other businesses with their productivity enhancement and energy and environmental impact reduction needs

Govt rejects demand to extend manganese phase out plan for oil refineries

On Tuesday, the government called for the manganese phase-out plan to be implemented strictly and directed refineries to decrease its manganese content to 24 milligrams per litre of petrol within two days

Big brands pledge to turn tide on global plastic waste

UNEP has estimated that if current pollution rates continue, there will be more plastic in the sea than fish by 2050, as 8 million tonnes of bottles and waste swamp the oceans each year, killing marine life and entering the food chain

WB to help Pakistan address climate change woes

ISLAMABAD: World Bank (WB) has agreed to facilitate an international conference with the collaboration of the Ministry of Climate Change in order to attract potential international donors...

Massive societal changes needed to meet lower global warming target world needs: U.N

At the current rate of warming, the world's temperatures would likely reach 1.5C between 2030 and 2052

Imran Khan’s bid to crowdfund $14 billion for Pakistan dam

The government’s plan is to build two facilities: the Mohmand dam in the country’s northwest, widely seen as feasible, and the much larger, troubled Diamer-Basha project in the north, first mooted in the early 2000s

Rs3.9bn received in dams fund

SBP issues the list of top 10 donors ISLAMABAD: The Prime Minister and Chief Justice of Pakistan Dams Fund has so far received a total of Rs...

Water shortfall projected at 35-40 percent before start of Rabi season

Till September 20th, Balochistan faced the highest water shortfall of around 44 percent, Punjab 20 percent, Khyber-Pakhtunkhwa (KP) 21 percent and Sindh 16 percent

PR to charge dam fund surcharge from 25th  

RAWALPINDI: Pakistan Railways (PR) will charge dam fund surcharge, Re 1, Rs 2 and Rs 10, on tickets categorized in the economy and business classes from tomorrow...

Govt urged to list Diamer-Bhasha dam in domestic, int’l stock markets

MULTAN: The business community of southern Punjab has proposed the government to list the Diamer-Bhasha dam in domestic and international stock markets to generate funds,...

Popular News

Rs100 billion worth of tax fraud discovered by FBR

KARACHI: The country's corporate sector has been found involved in at least Rs100 billion of tax evasion and avoidance during the last four months,...

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PSX outperforms world stock markets in three months

ISLAMABAD: Pakistan stocks have outperformed the world's leading stock markets during the last three months due to the government's steps to stabilise economy, Bloomberg reported...