Finance Division clarifies news about current account deficit

Clarifying a news item on current account deficit, appeared in a section of press on December 20, it said the news does not reflect the factual position, a Finance Division press release said.

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

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

Water shortage compels Punjab to dissuade farmers from planting sugarcane crop

Water shortage during the early part of the Kharif season has risen to an alarming 45 percent from initial projections of 32 percent against average uses.

Roshan Packages donates Rs one million to dam fund

Thanks to the futuristic vision of the Chief Justice of Pakistan Mian Saqib Nisar, the entire nation, including Roshan Packages Limited, has...

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

Living standards in Pakistan will be hampered by climate change: World Bank

In Pakistan, Sindh emerges as the most vulnerable hotspot, followed by Punjab, said the report

Women participation in labour force 4.3pc, gender gap wider than before: World Bank

KARACHI: Institute of Business Management's (IoBM) Head of Economics, Shahida Wizarat, says women don’t face gender-based discrimination in effluent classes but the same...

German companies express interest to invest in wind energy

Hyderabad: German companies have expressed keen interest in investing in wind power in Pakistan, aiming to assist the government in overcoming the...

Chinese group to set up cheese processing factory in Pakistan

BEIJING: Joint Holdings Group Chairman Bai Shun called on the Consul General, Muhammad Mudassir Tipu on Monday at Pakistan’s Consulate General in...

World Bank interested in financing Green Pakistan program

World Bank offers $100m loan for Green Pakistan program Islamabad: The Green Pakistan Program started for the planting of 100m trees in the...

ADB approves $100 million loan to address water shortages in Balochistan

A separate $2 million technical assistance from JFPR will help Balochistan’s provincial government improve its institutional capacity to address the risks and potential impact of climate change in the agriculture sector,

Can drip irrigation eradicate Pakistan’s water crisis and food insecurity?

To save water, the country needs to replace its age-old method of irrigating crops with improved yield and quality being tangible benefits

MNCs claim to care about the environment. Can this Pakistani startup convince them to walk the talk?

If refilling can become popular, big FMCGs might want to turn to Davaam’s gamble

Wapda to raise Hub Dam storage capacity, as country’s water needs increase

During the meeting, it was unanimously decided to raise the Hub Dam’s lost storage capacity of around 49,000-acre-feet of water by removing sediment deposits in the reservoir

Germany-France agree to reduce usage of coal for combating climate change

BONN: The leaders of Germany and France promised to limit the use of coal on Wednesday and urged more global action to...