G20 to provide $12.731 billion debt relief to Pakistan
G20 nations have agreed to freeze bilateral government loan repayments for 76 poor countries of the world. Mohammed al-Jadaan, finance minister of Saudi Arabia which is the current leader of G20 has also urged the private sector creditors to provide assistance on voluntary basis saying “We encourage them to consider it in support of these […]
Industrialist are facing difficulties to resume operation
Due to non-availability of complete supply chain, the export oriented and construction related sectors are finding it difficult to resume their operations with full capacity. If supply chain is not put in place, industrial units are unlikely to start their operations. As the major issue is the ban on public transport due to which labourers […]
CDWP approved three projects funded by JICA
CDWP meeting approved three projects worth Rs1.04 billion and recommended one Position Paper worth Rs20.337 billion to ECNEC for consideration. Transport and Communications were also presented in the meeting. First project presented by Ministry of Maritime Affairs namely “Establishment of Business Park at Korangi Fisheries Harbour” worth Rs784 million has been approved by CDWP. The […]
CDWP differed over ML-1 project in recent meeting
The approval of $9.2 billion worth CPEC project for up gradation of Mainline-1 (ML-1) of Pakistan Railways and establishment of dry port near Havelian has been differed by Central Development Working Party (CDWP). CDWP meeting chaired over by Planning Commission Deputy Chairman Mohammad Jehanzeb Khan has underlined the space for improvement in the proposal and […]
Apple releases a cheaper iPhone for $399
Apple has released a more affordable version of its phone despite the Corona pandemic. There was no launching ceremony only a press release was issued. According to the press release, the second-generation iPhone SE includes a 4.7-inch Retina HD display and Touch ID for “industry-leading security.” In addition, the phone, which is a newer version […]
Iran develops 5 second test for Covid-19 | Tests can be performed from 100 meters away
The Islamic Revolution Guards Corps (IRGC) of Iran has developed an apparatus which can remotely detect the presence of Corona virus in people as well as on surfaces within 5 seconds. The IRGC’s commander Hossein Salami during the unveiling ceremony said that this detector does not require a blood sample as it can remotely detect […]