Pakistan secures $3mn GEF funding for marine biodiversity, sustainable fisheries

marine-pollution

Minister for Maritime Affairs, Muhammad Junaid Anwar Chaudhry announced on Saturday Pakistan had secured $3 million from the Global Environment Facility (GEF) to conserve marine biodiversity and accelerate a shift toward sustainable and regenerative fisheries management. In a statement, the maritime minister said the project titled ‘Conserving marine biodiversity by accelerating transition to sustainable and regenerative fisheries management practices’ would be executed by the Ministry of Maritime Affairs. Proposed by the Ministry of Maritime Affairs through the Ministry of Climate Change and Environmental Coordination, it aligns with national priorities and…

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Gold rises Rs7,000 in Pakistan, $70 on world markets

gold price

10-gram price climbs to Rs451,784; silver per tola declines to Rs8,219, 10-gram price to Rs7,046 Gold prices rose in both international and Pakistani local markets on Saturday, reversing some of the losses seen a day earlier, while silver prices in the domestic market continued to weaken. In the international bullion market, the price of gold per ounce gained about $70 to reach $5,042, reflecting renewed bullish momentum in global precious metals trading. In Pakistan’s domestic market, gold also strengthened as the price per tola rose by Rs7,000 to Rs526,962, and…

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PM Shehbaz launches Rs38bn Ramadan relief package for 12 million families

Shahbaz-sharif2

ISLAMABAD: Prime Minister Shehbaz Sharif on Saturday launched the Rs38 billion Ramazan Package 2026, aimed at supporting over 12 million families through a digital payment system. Addressing the ceremony in the federal capital, the premier said that they had done away with the old distribution system last year as the stuff provided to the deserving families under the system was of low quality and people used to wait in queues, compromising their self-respect. With the introduction of the digital system, direct cash payments were made to the deserving families under…

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