Long Term Plan conveys how the multi-billion dollar project can benefit the country 0SHARES Share Tweet Email PHOTO: AFP ISLAMABAD: Issues like environment and poverty are closely linked with multiple and multi-dimensional aspects impacting the overall rationale of a developing economy. In Pakistan, poverty is high and people have less sustainable opportunities. Over 58% people are food insecure and it is on the rise. Similarly, the country loses Rs365 billion eacb year due to environmental degradation issues rarely taken up by governments. Energy crisis persists, incurring huge losses to national GDP (ie $2-4 billion along with other social aspects). The country has lost about $18 billion due to floods from 2010-2015. Water scarcity is a new threat, as per capita availability has gone down to 1,000 cubic meter per square. CPEC projects set to enter next stage of execution In addition, Pakistan is still engaged in the war on terror, which has … [Read more...] about CPEC and the sustainable development it brings to Pakistan
Pakistan
Inzamam ready to take responsibility for Pakistan’s debacle in New Zealand
Chief selectors asks Sarfraz and co to use bench players to try and change fortunes 0SHARES Share Tweet Email COMPLACENCY? Inzamamul Haq believes the team hasn’t improved after the Champions Trophy victory and are at standstill, which has become evident on the ongoing New Zealand tour. PHOTO: AFP KARACHI: Pakistan national team chief selector Inzamamul Haq has said that he is ready to take full responsibility for Sarfraz Ahmed and co’s dismal performance on their limited-overs tour of New Zealand. Kane Williamson-led New Zealand gained an unassailable 3-0 lead in the five-match ODI series on Saturday after humiliating Pakistan with a 183-run defeat, as the Men in Green succumbed to their third lowest total of 74 in the 50-over format while chasing 257. Flower admits batsmen must improve against New Zealand Inzamam, while addressing media on Sunday during the National One-Day Departmental Cup, said Pakistan need to find strength from the … [Read more...] about Inzamam ready to take responsibility for Pakistan’s debacle in New Zealand
International forces are trying to pressurise Pakistan: Ahsan Iqbal
Says Indian army chief's statement was careless, shows New Delhi's mindset 0SHARES Share Tweet Email PHOTO: REUTERS Interior Minister Ahsan Iqbal has said that both Indian army chief and Donald Trump’s statements indicate that international forces are trying to pressurise Pakistan. Speaking to the media in Lahore, Iqbal commented that the Indian army chief’s statement was very careless. “Atomic countries should be very careful with weapons, these aren’t guns; they’re weapons of mass destruction,” he said. ‘Nuclear bluff’ assertion speaks of Indian army chief’s immaturity, says ISPR “India has not directly threatened us, but this careless statement shows India’s mindset. I urge all countries with nuclear power to exercise caution and control,” the minister said. Political point-scoring Talking about the horrific incident of rape, death of an eight-year-old in Kasur, the minister … [Read more...] about International forces are trying to pressurise Pakistan: Ahsan Iqbal
Pakistan, EU discuss non-proliferation, peaceful use of nuclear arms
Regional and global security situation also discussed during the third round of Pakistan-EU dialogue on nuclear energy 0SHARES Share Tweet Email Third round of Pakistan-EU dialogue on disarmament, non-proliferation and peaceful uses of nuclear energy were held in Islamabad. PHOTO: FILE Pakistan and the European Union (EU) discussed an entire range of issues related to arms control, disarmament and non-proliferation of nuclear weapons in Islamabad on Wednesday. According to a statement issued by the Foreign Office, matters pertaining to the regional and global security situation also came under discussion during the third round of Pakistan-EU dialogue on disarmament, non-proliferation and peaceful uses of nuclear energy. Special Secretary (UN&EC) Ambassador Tasnim Aslam led the Pakistani side while the EU delegation was headed by Ambassador Jacek Bylica, special envoy for disarmament and non-proliferation at the European … [Read more...] about Pakistan, EU discuss non-proliferation, peaceful use of nuclear arms
Obsolete rules pull down Pakistan on World Bank’s rankings
Punjab govt initiates reforms to facilitate investors, improve country’s standing 0SHARES Share Tweet Email PHOTO: REUTERS LAHORE: Though Pakistan is placed at a dismal 147th rank out of 190 economies in the World Bank’s Ease of Doing Business index for 2017, India stands at the 100th place, setting off alarm bells for policymakers. India has managed to leapfrog to gain a place among top-100 economies by achieving a 30-spot improvement as it was at the 130th position in 2016. The critical support to this achievement came from eight types of reforms. World Bank puts $250m policy loan for Pakistan on hold To the contrary, Pakistan slipped three spots from the 144th place in 2016 despite implementing four reforms. Earlier, only the private sector looked perturbed about the lack of progress in the ease of doing business, but now the Punjab government is also trying to streamline things at its end in an attempt to … [Read more...] about Obsolete rules pull down Pakistan on World Bank’s rankings