Month: February 2024

Pakistan’s largest biogas plant unveiled in Lahore

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777-888

Will generate 16,000 kilogrammes of organic fertilizer daily Chief Minister Punjab Mohsin Naqvi inaugurated the biggest biogas plant of Pakistan at Gujjar Colony in Lahore. CM launched the compressed biogas plant production by pushing a button. MohsinNaqvi after unveiling the plaque, put his signatures on the inaugural plaque and wrote down date as well. MohsinNaqvi also planted a sapling in the biogas plant complex. 6 hundred metres gas can be produced in the biogas plant daily. 1600 kg dung will be used in the biogas plant daily. 16000 kg organic…

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Pakistan’s Electoral Process: How National Elections Shape the Country’s Parliamentary Democracy

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New-Election

Here’s an overview of how national elections work in the country:• Pakistan operates under a parliamentary system, where elections are held for seats in both the federal legislature, known as the National Assembly, and the provincial legislatures.• Approximately 128 million eligible Pakistani voters out of a population of 241 million have the opportunity to cast their ballots, provided they are above 18 years of age.• On election day, voters select two representatives for their constituency: one for the federal legislature and another for the provincial legislature.• A substantial number of…

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IMF briefed about tariff, circular debt plans

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power-tariff

ISLAMABAD: The caretaker government’s team on Monday formally interacted with the International Monetary Fund (IMF) through a video call to seek the latter’s support for tariff rationalization and circular debt reduction plans, well-informed sources told Business Recorder. Both plans have been developed by two teams dedicated by the caretaker Minister for Power and Petroleum, Muhammad Ali, who intends to get IMF and Federal Cabinet nod, prior to end of the caretakers’ mandate. The sources said the IMF has sought some clarification from the caretaker government’s team, comprising Ministries of Finance and…

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Oil/gas sector in limelight as KSE-100 gains over 850 points

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IMF-board

The Pakistan Stock Exchange (PSX) saw interest in the oil and gas sector as the benchmark KSE-100 index gained over 850 points during trading on Tuesday. At 2pm, the benchmark index was hovering at the 63,855.95 level, an increase of 853.04 points or 1.35%. Index-heavy stocks including OGDC and PPL were trading in the positive, amid reported developments on the government’s circular debt plan. Business Recorder reported that the caretaker government’s team on Monday formally interacted with the International Monetary Fund (IMF) through a video call to seek the latter’s support for…

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Pakistan Election 2024: Key stats, facts and all details here

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Pak-Election

Pakistan is set to vote this Thursday but the upcoming elections are taking place in the shadows of terrorism, and oppression as the country of around 25 crores is polarised for quite some time. With rising terror attacks and the worst economy in decades, all leading political parties adopted desperate pitches ahead of the general election to lure voters who remain confused, with many hinting at unfair playing fields for participants. Pakistan Elections stats Province-wise Data of Pakistani voters in 2024 Region Total Voters128,585,760 Male Voters 69,263,704 (53.87%) Female Voters 59,322,056 (46.13%)…

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