Author: Faiza Liaquat
The government has set ambitious projections for cotton production, estimating it at 11.5 million bales from cultivation across 2.4 million hectares for the current season. This reflects a substantial increase of 126.6% compared to last year’s output. During a meeting of the Federal Committee on Agriculture (FCA), chaired by Federal Minister Dr. Kauser Abdulla Malik, the committee reviewed Kharif crop performance, production targets for Rabi crops in 2023-24, and discussed input supply for crop planting. The committee’s provisional estimates for the 2023-24 season include a significant rise in cotton, rice, moong bean, mash, and chili production. Wheat production was set…
Pakistan Army has achieved the silver medal in the renowned ‘Cambrian Patrol,’ one of the world’s toughest military competitions held in Wales, UK. This year, a total of 113 teams participated, including 38 international teams from various countries. Colonel Taimur Rahat, the Army and Air Attaché at the Pakistan High Commission in the UK, explained that this competition, which has been held since 1959, is considered NATO’s most rigorous patrolling test, featuring world-class testing standards. The participating countries included the UK, Pakistan, India, Saudi Arabia, Albania, Germany, Armenia, France, Denmark, Mexico, Latvia, Netherlands, Spain, USA, Uzbekistan, Qatar, Italy, Ghana, Ireland,…
Maulana Tariq Jameel has received recognition as one of the 2024 World’s 500 Most Influential Muslims, as acknowledged by the Royal Islamic Strategic Studies Centre, located in Jordan. Annually, this center publishes a list in their magazine, “The Muslim 500,” which features significant Muslim figures from across the globe. Among the notable individuals within the top 50 of this list are Saudi King Salman bin Abdul-Aziz, Turkish President Recep Tayyip Erdoğan, Hamas leader Ismail Haneya, and others.
Jazz, a prominent digital operator in Pakistan, has received acclaim in the Global Innovation Index 2023, which was announced on October 9, 2023. This index, curated and published by the World Intellectual Property Organization (WIPO), a specialized agency of the United Nations, recognizes Jazz as a leading innovator in Pakistan. This recognition highlights Jazz’s steadfast commitment to innovation and its impressive ability to navigate the ever-evolving digital landscape. Jazz has consistently demonstrated its capability to adapt its services to meet the changing demands of its diverse customer base. Aamir Ibrahim, Jazz’s CEO, underscores their customer-centric approach to innovation, which not…
The much-anticipated clash between arch-rivals India and Pakistan in the 2023 Cricket World Cup is scheduled for Saturday, October 14th, in Ahmedabad, according to the ICC World Cup 2023 schedule. The excitement surrounding this match is already at its peak, and it is expected to draw a massive viewership. To add to the anticipation, a musical ceremony is planned one hour before the game. Additionally, there are reports that some fortunate golden ticket holders will have the opportunity to attend this historic match between India and Pakistan in the ICC World Cup. Both teams have been performing admirably in the…
United Bank Limited (UBL) in Pakistan has launched a significant initiative to create permanent job opportunities for candidates who have completed their intermediate education. This move underscores the bank’s commitment to inclusivity and economic empowerment, as it paves the way for individuals with intermediate qualifications to secure permanent positions. This not only fosters financial independence but also contributes to addressing the country’s unemployment challenges. UBL’s action demonstrates their dedication to harnessing diverse talent pools and investing in the professional development of individuals with varying educational backgrounds. This ultimately strengthens Pakistan’s workforce and its financial sector. About UBL: United Bank Limited…
Pakistan Refinery Limited (PRL), a subsidiary of Pakistan State Oil Company Limited (PSO), has achieved a historic production milestone for petroleum products in September. The announcement came through PRL’s notice to the Pakistan Stock Exchange (PSX). In the notice, PRL highlighted that successful strategic shifts and efficient operations led to record-breaking sales and production levels, boosting profitability. PRL achieved an unprecedented average feed rate of 5,340 tons. Notably, the production of middle distillate exceeded 77,000 tons, with diesel reaching 73,423 tons, an all-time high for the refinery. The company also reported the highest-ever diesel sales of over 82,000 tons in…
After a prolonged wait, Pakistani journalists have finally been granted visas by Indian authorities to cover the ongoing ODI World Cup 2023, including the highly anticipated match between Pakistan and India at the Narendra Modi Stadium in Ahmedabad on October 14. PCB Chief Zaka Ashraf, who had pressed for expedited visa approvals, is also set to arrive in India alongside the journalists. A total of 60 Pakistani journalists will be covering the World Cup, despite facing stringent visa checks due to Pakistan being on the Prior Reference Category (PRC) list. Zaka Ashraf postponed his journey to India until the visas…
A decade into its operation, the China-Pakistan Economic Corridor (CPEC) is significantly impacting Pakistan’s socio-economic landscape. Let’s explore the key statistics: With continued projects and verifiable data on jobs, power access, healthcare, skills training, and trade growth, CPEC appears to be a game-changer for Pakistan, in line with its envisioned goals.
The International Monetary Fund (IMF) has released its latest report, forecasting a positive outlook for Pakistan’s economic indicators in FY24. It anticipates a notable improvement in Pakistan’s GDP growth rate, projecting it to be 2.5%, a significant recovery from the -0.5% projected for 2023. Furthermore, the report indicates expectations of a -1.8% current account balance in 2024, compared to -0.7% in 2023. Unemployment is also predicted to decrease to 8% in 2024, down from 8.5% in 2023. Inflation is expected to decline to 23.6% in 2024, a reduction from the 29.2% recorded in 2023. The IMF’s projection for Pakistan’s general…