ISLAMABAD, June 03 (INP) – Hazarganji Chiltan National Park (HCNP) should be promoted overseas as a tourist hotspot in order to increase the footfall of foreign tourists. It will open new windows of business opportunities and increase revenue, said Dawood Tareen, Director of Culture and Tourism Directorate Focal Person for Balochistan, in an interview with WealthPK. He said, “Spanning an …
ISLAMABAD, June 03 (INP) – In a bid to manage the rising liquidity pressures, the State Bank of Pakistan (SBP) significantly ramped up its Open Market Operations (OMOs) in the first half of the Fiscal Year 2024 (H1-FY24). This move, experts suggest, could signal imminent shifts in the country’s monetary policy, reports WealthPK. During H1-FY24, the central bank’s OMO injections …
ISLAMABAD, June 03 (INP) – Artificial Intelligence (AI) can greatly help Pakistan avoid forest fires. “As a sustainable source of livelihood and environmental safety, forests need to be protected and expanded,” emphasized Muhammad Niaz Khan Kakar, Project Director of Ten Billion Trees Tsunami Programme – Phase-I Up-scaling of Green Pakistan Programme. Talking to WealthPK, he said the use of AI …
ISLAMABAD, June 03 (INP) – Financial experts are raising concerns over the implications of accelerated broad money growth observed in the first half of the ongoing fiscal year (1HFY24). The surge in broad money, including physical currency and demand deposits, has sparked worries about its long-term impact on Pakistan’s fiscal stability. During 1HFY24, broad money (M2) growth surged to 4.5%, …
ISLAMABAD, May 27: Prime Minister Shehbaz Sharif on Monday declared a public holiday on May 28 to mark Youm-e-Takbeer, the day when Pakistan’s defence became impregnable after nuclear tests in the hills of Chagai, Balochistan in the year 1998. “Youm-e-Takbeer reminds how the entire Pakistani nation got united on that day to make the country’s defence invincible,” the prime minister …
ISLAMABAD, May 28 (INP) – The Oil and Gas Development Company Limited (OGDC), the country’s leading state-owned oil and gas firm, posted increases in revenue, gross profit, and net profit during the nine months (July-March) of the ongoing Fiscal Year 2023-24 compared to the corresponding period of the previous fiscal, reports WealthPK. During 9MCY24, the company pushed its revenue up …
ISLAMABAD, May 28 (INP) – Promotion of Central Karakoram National Park (CKNP) at the global level will help increase the tourist footfall, promoting the cottage industry as a sound source of sustainable income and bringing socio-economic prosperity to the entire region, Rahat Karim Baig, Deputy Director Tourism Department of Baltistan, said this while talking to WealthPK. “The park spans 10,00,000 …
ISLAMABAD: The Foreign Office (FO) stated on Monday that Pakistan was “not interested” in holding a dialogue with the Tehreek-e-Taliban Pakistan (TTP). In a weekly media briefing, FO spokesperson Mumtaz Zahra Baloch, clarifying Pakistan’s stance, stated that the TTP has accepted responsibility for numerous terrorist attacks in the country. “Our demand from the Afghan government is that they take action …
Turkey, Romania and Bulgaria have signed an agreement to clear mines drifting in the Black Sea that have posed a threat to shipping since the start of Russia’s war in Ukraine. On Thursday, Turkish Defence Minister Yasar Guler said the deal establishes a Mine Countermeasures Task Group among the three NATO allies to deal with the mines as he met in …
ISLAMABAD: Faizabad inquiry commission has summoned former prime minister and Pakistan Muslim League-Nawaz (PML-N) President Shehbaz Sharif on January 3 (Wednesday) in connection with an investigation into the 2017 sit-in, sources told Geo News on Monday. They said Shehbaz has been summoned as former Punjab chief minister to record his statement in connection with an inquiry into the sit-in staged by Tehreek-e-Labbaik …
