Tag: development
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Minor improvement in human development ranking for Pakistan: Report
Pakistan has been ranked 161st out of 191 countries on the UN Human Development Index, scoring 0.544 points. This marks a slight improvement from 2023, when Pakistan was ranked 164th with 0.540 points, three places below its 2022 ranking. The report also highlights that Pakistan’s HDI rank remained steady at 161st globally from 2019 to…
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Punjab: 261 Startups ‘graduate’ under National Expansion Plan
A total of 261 startups graduated under the National Expansion Plan (NEP) of the National Incubation Centres (NICs) Programme, a collaborative effort of the Punjab Information Technology Board (PITB) and Ministry of Information Technology and Telecommunication (MoITT), from January 2023 to December 2023, reports the Express Tribune. The meeting was presided over by PITB Chairman…
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Female staff being harassed by seniors in Multan Development Agency for not following illegal orders
Journalist Salman Qureshi has filed a detailed report about the discriminatory system and exploitation of the Multan Development Authority. According to the details filed in Daily Express, the Director General of Multan Development Agency (MDA) has started harassing women officers who did not obey illegal orders. A senior female officer at Multan Development Authority refused…
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Unleashing the Potential of Energy Efficiency in the Building Industry
The National Energy Efficiency and Conservation Authority (NEECA) is at the forefront of transforming the building sector in Pakistan by promoting energy-efficient practises. NEECA serves as the federal focal agency mandated for initiating, catalysing, and coordinating all energy conservation activities across all sectors of the economy. In this article, we will delve into NEECA’s initiatives and…
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Pakistan’s foreign exchange reserves rise to $8.4 billion
Foreign exchange reserves held by the State Bank of Pakistan (SBP) have surged by over $4 billion following a deposit of $1.2 billion from the International Monetary Fund (IMF).
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Govt to unveil ‘business-friendly’ budget, prioritising masses and economic progress
In a bid to support the masses and drive economic progress and development, the government is expected to present a “business-friendly” budget for the upcoming financial year 2023-24, announced Finance Minister Ishaq Dar on Monday.
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Majority of property owners in London are Indians, followed by English and Pakistani people
Indians are among the people who own the most real estate in the capital of the United Kingdom (UK), London, more than the English themselves. According to London-based residential developer Barratt London, the largest group of property owners in London are Indians, who are represented by those who have lived in the UK for generations,…
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Construction work for Swat Motorway Phase-II to begin next week
Khyber Pakhtunkhwa (KP) Chief Minister Mahmood Khan will lay the foundation stone for Swat Motorway Phase-II in the next week. The CM instructed that development on the Dir Motorway project’s PC 1 for land acquisition be quickened so that practical work on the project can proceed. He was presiding over a meeting of the Pakhtunkhwa…
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Saudi Arabia allows women to live alone without male consent
Saudi Arabia has announced that Saudi women can now live on their own without the approval of their male guardians. Saudi Judicial authorities have revoked Paragraph B under article No. 169 of the “Law of Procedure before Sharia Courts”, reported Gulf News which has been replaced now. It states “An adult woman has the right…
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Pakistan’s first manmade island to be built in Gwadar at a cost of $10 billion
Pakistan’s first manmade island — ‘Chaand Taara’ — will be built in Gwadar at a cost of over $10 billion. Shaped like a moon and star to represent Pakistan’s flag, it will form the cities of the Central Business District in the port city on the southwestern coast of Balochistan opposite Oman. According to Daily Times, located…