Day: August 31, 2021

The International Monetary Fund (IMF) and Pakistan remain engaged to conduct technical and data discussions for the sixth review under the Extended Fund Facility (EFF) programme. This was stated by Teresa Dabán Sanchez, IMF Resident Representative in Pakistan while responding to Business Recorder queries. She stated, “IMF team remains engaged with our Pakistani counterparts on conducting technical and data discussions. We stand ready and looking forward to our continued discussions with the Pakistani authorities on the set of policies and reforms that could form the basis for the completion of…

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Dr. John P. Holdren (Adviser on S&T to US President Obama for his double term in office and a distinguished faculty at Harvard and Berkley for over two decades) believes that a society can get into trouble with “energy” either by not having adequate resources or by their costs moving beyond its reach. What Dr. Holden perhaps didn’t expect was that a society can have sufficient endowment of energy resources and still can push the energy out of the reach of its people and economy. Our present energy imbroglio is…

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In its mission to create a sustainable community, leading food company, Shan Foods, recently conducted a tree plantation activity in collaboration with ChildLife Foundation, a non-profit organization working for affordable healthcare for children in Pakistan. The drive was carried out under Shan Foods’ brand-new CSR identity, Shan Shares, which is committed to playing its part for an economically, environmentally, and socially sustained world in response to the United Nations Sustainable Development Goals. Being a leading global brand, Shan Foods has always upheld a purpose-driven nature, striving to give back to…

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Granting the status of a ‘model forest’ to the Miyawaki forest planted in Jauharabad town adjacent to Khushab, the Ministry of Climate Change (MOCC) has recommended implementation of similar projects along the motorway, in Multan city its environs. Forest Department SDO Abdul Ghaffar told The Express Tribune that Japanese scientist Akira Miyawaki introduced the method of planting forests in urban areas in 1970. Through the method, forests can be planted on land measuring one marla to a few acres in cities. The idea was promoted in view of the trees’ role as “the lungs…

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Timely completion of Tarbela Hydropower Project will help in meeting the rapidly increasing demand for electricity in the country and improve the energy mix by enhancing the share of clean energy, said Federal Minister for Economic Affairs Omar Ayub Khan. Chairing a high-level meeting to review the progress on the Tarbela Hydropower Project (T5), Dasu Hydropower Project and Dasu-Mansehra-Islamabad Transmission Line on Monday, he directed the authorities to resolve all the pending issues pertaining to the three schemes. The minister told the officials concerned to expedite implementation of the projects…

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