Month: April 2021

ISLAMABAD: Prime Minister Imran Khan on Wednesday called upon the major economies to pursue a holistic approach towards climate change and galvanize supportive finance for Pakistan and other vulnerable countries braving the climatic challenge. “We expect this to be a moment for the world’s major economies to come forward and galvanize supportive finance for responsible countries like Pakistan, that are doing their best to reduce emissions,” the prime minister wrote in his article published in The Times, a British national daily. The prime minister mentioned that the Global Climate Risk…

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PESHAWAR: Strong winds with gusts up to 55 kilometers per hour hit the provincial capital for the second consecutive day on Wednesday causing prolonged power outages. The weathermen call the weather phenomenon ridge and said it would prevail for three to four more days. The windstorm was also reported in some other parts of the province on Tuesday and Wednesday. An official of the Pakistan Meteorological Department told Dawn that the ridge system developed when a high pressure emerged on higher altitude. He said following a weather system like the…

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DUSHANBE: Pakistan on Wednesday assured Tajikistan of making utmost efforts for an early completion of the CASA-1000 project. Foreign Minister Shah Mahmood Qureshi at a joint press conference with his Tajik counterpart Sirajuddin Mehruddin said Pakistan believes that Central Asia-South Asia (CASA-1000) project will not only benefit the two countries, but the entire region. Launched in 2016, the under-construction CASA-1000 power project will allow the export of surplus hydroelectricity from Tajikistan and Kyrgyzstan to Afghanistan and Pakistan. Mr Qureshi said that CASA-1000 project would improve electricity access, integrate and expand…

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ISLAMABAD: While increasing tax rates, the government on Wednesday reduced prices of all petroleum products by up to 2.5 per cent for the next 15 days to pass on partial impact of the decline in the international prices. According to a notification issued by the finance ministry, the ex-depot price of petrol was reduced by Rs1.55 per litre and that of high speed diesel (HSD) by Rs3 per litre. It also reduced the ex-depot price of kerosene and LDO by Rs1.55 and Rs1.56 per litre, respectively. As such, the ex-depot…

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