Day: May 10, 2020

The Aggregate Technical & Commercial (AT&C) losses of Pakistan’s power sectors soared to 29.7%, the highest in the region while other countries fared much better, according to the K-Electric Investor Presentation 2020, a copy of which is available with The Express Tribune. This regional comparison revealed Sri Lanka had the lowest AT&C losses of 10%, followed by Turkey 14.8%, Bangladesh 21.9%, India 23.9% and Nepal at 24.4%. This revelation comes in stark contrast to the Pakistan Tehreek-e-Insaf (PTI)-led government’s tall claims about significant reforms in the power sector to reduce…

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Though this period of uncertainty and loss has been challenging for people around the world, we’ve been able to focus on moments of compassion, renewal, and persistence to help us through the coronavirus pandemic. Every story of an animal species returning to its habitat (which is now devoid of industrial traffic) can uplift us even in our most isolated moments. One of these optimistically faith-restoring projects comes out of Pakistan. Prime Minister Imran Khan, who launched the 10 Billion Trees Tsunami initiative in 2018 to help the country counter the…

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Expenditure target for FY21 to be fixed at Rs10.4tr –Rs600bn to be spent on development projects; Rs200bn on corona-related programmes ISLAMABAD: The federal government has decided to present the budget for fiscal year 2020-21 on June 5, it was learnt on Friday. According to sources, the finance ministry has recently given a presentation to the prime minister with regard to next fiscal year budget, wherein he was informed that the next year’s budget would be presented in the first week of June and for this purpose, the ministry’s preparations were in…

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The report also warned that lockdown measures imposed to curb the spread of the coronavirus may cause disruptions in life-saving health services “putting millions of pregnant mothers and their babies at great risk”. “The continuing rapid spread of Covid-19 across South Asia means new mothers and newborns will be greeted by harsh realities, including global containment measures such as lockdowns and curfews, health centres overwhelmed with response efforts, supply and equipment shortages, and a lack of sufficient skilled birth attendants as health workers […] are redeployed to treat Covid-19 patients.…

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