ISLAMABAD, Dec. 15 (INP-WealthPK)—Pakistan can generate a lot of clean and cheap energy by using solar photovoltaic technology to overcome the prevailing energy crisis, WealthPK reports. According to experts, implementing on-site grid-tied, micro-generation, or net-metering solar solutions is critical for improving the country’s energy generation. The use of solar photovoltaic technology will enable the country to provide cheap and clean …

ISLAMABAD, Dec. 15 (INP-WealthPK)—Pakistan urgently needs international assistance to stabilise its foreign exchange reserves, which have touched the lowest level after the year 2019, WealthPK reports. The foreign exchange reserves of Pakistan are declining with each passing day and are at the lowest level after 2019. Dr Jalil Malik, a finance expert at Quaid-i-Azam University Islamabad, told WealthPK that Pakistan’s …

ISLAMABAD, Dec 15 (INP-WealthPK) – National Assembly Speaker Raja Pervez Ashraf has said that Pakistan’s “Vision Central Asia” strategy aspires to develop long-lasting and result-oriented engagement with Central Asian countries. Talking to Chairman, Mazhilis of Parliament of Kazakhstan, Yerlan Koshanov, he said that Pakistan is actively pursuing increased cooperation with the Central Asian countries, notably Kazakhstan, on all issues of …

ISLAMABAD, Dec 15 (INP-WealthPK) – Lack of awareness about financial literacy is the leading cause of poor financial decision-making that’s stressing the Pakistani economy, reports WealthPK. Financial literacy is the education and understanding of how the money is made, spent and saved as well as the skills and ability to use the financial resources to make decisions. The State Bank of …

ISLAMABAD, Dec. 15 (INP-WealthPK) — Federal Minister for Planning, Development and Special Initiatives Ahsan Iqbal has urged universities to move quickly to provide new courses in entrepreneurship and exports for students to benefit the country’s economy. Speaking at the two-day 19th International Conference on ‘Frontiers of Information Technology’ (FIT-2022) organised by COMSATS University Islamabad (CUI), he emphasised the significance of …

ISLAMABAD, Dec. 15, (INP-WealthPK)—Federal Minister for Industries and Production Syed Murtaza Mahmud has reiterated the need for increasing exports through import-substitution policies to rescue the country from its perennial economic mess. He was talking to a delegation of industrialists and businessmen from the Karachi Export Processing Zone Authority. The Minister said that concerted efforts on part of the government and …

ISLAMABAD, Dec. 15, (INP-WealthPK)—Japan and Pakistan Economic & Cultural Association (JPECA) has been formally constituted to promote economic and cultural ties between the two countries. JPECA will work to bring together business leaders, chambers of commerce, social organizations and industrial associations of the two countries. The main objective of the association will be to foster linkages between the entities of …

ISLAMABAD, Dec. 15 (INP-WealthPK) — Investment in technology and research and development would help Pakistan to increase productivity in the agriculture and industry sectors and reduce its reliance on imported machinery, WealthPK reports. Presently, large industries of Pakistan like textile, construction and energy meet their demand for machinery through imports. The country can reduce its dependency on imported machinery by …

ISLAMABAD, Dec. 15 (INP-WealthPK) — Federal Minister for Industries and Production Syed Murtaza Mahmud has instructed the Export Processing Zones Authority (EPZA) to immediately address investor concerns to encourage domestic and foreign investment. While presiding over a meeting of EPZA executives, he emphasised the importance of creating laws and regulations that regulate export processing zones to make them welcoming to …

ISLAMABAD, Dec. 14 (INP-WealthPK) — Adoption of technology is very important to fight future challenges of health and for the provision of quality higher education to students from all strata of society. These observations were made by experts at a symposium titled “Post-COVID Higher Education Challenges and Way Forward,” organized by the OIC’s COMSTECH, in collaboration with the American Institute …