Pakistan needs to build mega dams to enhance water storage capacity

Wapda Chief recommended handing over operational control of the Kalabagh dam to Sindh to ensure its reservations were addressed about its share in water consumption

Ban on Indian fruit/vegetable exports to Middle East could give advantage to Pakistan

The ban on imports of vegetables/fruits from India by Gulf countries could help Pakistan to double its exports to the region, said FPCCI senior vice president Waheed Ahmed

Urea sales dipped 8 percent YoY in May 2018

Urea sales in the period under review touched 480,000 tons, dipping 8 percent year-on-year (YoY), taking five months sales of the commodity to 2.1 million tons, up by 28 percent

Another round of urea price hike expected from June

LAHORE: It has been learnt that another round of escalated urea prices is expected to kick off starting June, following the federal cash subsidy granted...

Govt finally announces Pakistan’s 1st national food security policy

The NFSP anticipates 4 percent yearly growth in food production which includes fisheries, livestock and crops

Water shortage threatens cotton sowing and production

Cotton plantation in Punjab wasn’t as severely impacted by water shortage but could only be sown at 4.39 million acres or 77 percent of the targeted area set at 5.70 million acres

LCCI strongly opposes increase in POL prices

The increase in petroleum prices would increase the input cost of agriculture production as high-speed diesel is being used in tractors, tube-wells, harvesters, thrashers and other agriculture machinery

Fertilizer off-take posts 27 percent YoY increase touches 558,000 tons in April

Di-ammonium phosphate (DAP) sales recorded a 28 percent fall in April 2018, touching 60,000 tons compared to 96,000 tons in April 2017

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.

SBP raises policy rate by 50 basis points to 6.5 percent

Pakistan's economic growth provisionally was expected to reach a thirteen-year high of 5.8 percent for outgoing financial year 2017-18

Pakistan needs 1.3 million new jobs every year: UNDP

The hospitality sector, accommodation and food, directly linked to tourism, accounts for only 1.6 percent of the country’s total employment, said the UNDP report

Pakistan contemplating to import 20,000 tons of cotton from Afghanistan

Import of cotton from Afghanistan is under consideration due to the prevailing water shortage in the country

Govt issues tenders to export 3000-tonne rice, 5000-tonne sugar to Nigeria

Pakistan has started implementing an agreement to export 3000 metric tonnes of rice to Nigeria while 5000 metric tonne sugar will also be exported to Nigeria.

Pakistan’s resilience to climate change is limited: Moody’s

Rising temperatures and erratic rainfall can affect productivity in agriculture and increase the vulnerability of energy production, as 33% of Pakistan’s energy supply are hydropower-driven

Punjab expresses worry over major water losses from Taunsa to Kotri barrage

Irsa has setup a regulations director led-committee constituting of directors from Sindh and Punjab to determine discharges at Guddu barrage and the various barrage of Pakistan and provide a report in this regard to IRSA

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China to extend support through short term loans

It was earlier rumoured that the caretaker government would opt for a bailout from the International Monetary Fund (IMF), however, after the caretaker setup denied such plans, Pakistan is likely to rely on short-term loans from China till the next government takes charge.