Neelam Valley, a stunning region in Azad Jammu and Kashmir (AJK), has been transformed into a winter wonderland after experiencing its first snowfall in over three months. The upper reaches of Neelam Valley were gently blanketed with snow late last night, bringing smiles to residents and tourists alike.
(more…)Author: Mrs. Anjum Shahnawaz
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Pakistan Gets $500M ADB Loan for Climate Adaptation Program
Islamabad, November 19, 2024 – Pakistan and the Asian Development Bank (ADB) formalized a $500 million loan agreement on Tuesday under the Climate and Disaster Resilience Enhancement Program (CDREP), signaling a significant step toward addressing the country’s climate challenges and disaster vulnerabilities.
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CCP Greenlights Total Parco Stake Transfer Deal
Islamabad, November 18, 2024 – The Competition Commission of Pakistan (CCP) has approved the acquisition of a 50% stake in Total Parco Pakistan Limited (TPPL) by Aquashore SA, a Switzerland-based company operating under the Gunvor Group. This strategic move further underscores the growing global interest in Pakistan’s dynamic energy sector.
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Weather Outlook for November 19, 2024
Islamabad, November 18, 2024 – The Pakistan Meteorological Department (PMD) has issued its weather forecast for Tuesday, November 19, 2024, predicting primarily dry and cold conditions across most parts of the country. In Punjab’s plains, smog and fog are expected to persist during the nighttime and early morning hours.
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PM Shehbaz Expresses Confidence in Economic Recovery
Islamabad, November 18, 2024 – Prime Minister Shehbaz Sharif on Monday expressed optimism about the country’s economic trajectory, asserting that Pakistan’s economy is on the path to stability. He attributed recent positive developments, including brisk trading in the stock market, to the government’s decisive steps aimed at reviving economic health. Shehbaz emphasized that foreign investment serves as a testament to growing international confidence in the government’s policies.
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Aurangzeb Envisions Pakistan’s Economy at $3 Trillion by 2047
Islamabad, November 17, 2024 – Federal Finance Minister Muhammad Aurangzeb has projected that Pakistan’s economy could expand to $3 trillion by 2047, a significant leap from its current $300 billion. In a televised statement on Sunday, he attributed this optimistic outlook to the government’s economic discipline and reform efforts under the leadership of Prime Minister Muhammad Shehbaz Sharif.
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Azad Kashmir Receives First Snowfall, Marking Winter’s Arrival
Azad Jammu and Kashmir (AJK) has finally embraced winter with the season’s first snowfall and rain, ending a two-month-long dry spell that had impacted the region. The scenic upper reaches, including Neelam and Leepa Valleys, experienced heavy snowfall on Saturday, with temperatures dropping sharply. Locals reported that the nights have become exceptionally cold, making it challenging to cope with the sudden chill.
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Pakistan Weather Outlook for November 18, 2024
Islamabad, November 17, 2024 – The Pakistan Meteorological Department (PMD) has issued its weather forecast for Monday, November 18, 2024. The outlook predicts predominantly dry and cold conditions across the country, with smog or shallow fog expected in isolated plain areas of Punjab during the night and early morning.
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Aurangzeb Rules Out Mini Budget After Productive IMF Talks
Islamabad, November 16, 2024 – Federal Finance Minister Muhammad Aurangzeb has dismissed the possibility of introducing a mini-budget after the conclusion of successful discussions with the International Monetary Fund (IMF). The talks, which included an in-person visit by the IMF mission led by Nathan Porter, were described as productive and aimed at fostering confidence rather than reviewing Pakistan’s economy.
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Experts Advocate Strong Tobacco Taxation for Public Health
Islamabad, November 16, 2024 – Experts at a seminar titled “Taxing Tobacco: A Path to Reducing Consumption and Saving Lives” highlighted the pressing need for a comprehensive and sustainable tobacco taxation policy in Pakistan.
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