THE weather takes a pleasant turn as one journeys out of urban Quetta. The road to Hanna Urak presents one with a calm oasis, even amidst burgeoning housing developments. Along this main road, perched on one side, we come across the University of Community Development, a unique, climate-conscious institution. Set in the scenic embrace of the Hanna Urak valley’s mountainous terrain, this university spans four lush acres of land, allocated by the former chief minister Jam Muhammad Yousaf, back in 2006. The brainchild of the Institute of Development Studies and…
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Mardan set to be declared power theft-free city today
ISLAMABAD: The efforts to curb power theft have started paying off. Mardan is going to be declared a theft-free city today (Wednesday) by the Ministry of Energy. Attached with it is a reward for the citizens: there will be no load-shedding from now onward as long as power theft remains at zero level. Mardan had been facing power outages of more than six hours a day. Situated around 50 kilometers from the provincial capital of Khyber Pakhtunkhwa, Mardan was among the worst performers, as power losses there were reported around…
Read MorePlan for G2G oil deal with Russia shelved
Govt allows refineries to enter into direct commercial contracts with Russian firms ISLAMABAD: The government has decided to shelve plans for a long-term oil import deal with Russia under a government-to-government (G2G) arrangement and has allowed refineries to strike direct commercial agreements with companies of the European nation. Earlier, Pakistan and Russia agreed to set up a Special Purpose Vehicle (SPV) with the objective of crude oil imports as part of a G2G agreement. However, the establishment of SPV, whose task was to import oil and then ship it to…
Read MorePublic servants cost national kitty over Rs8tr, study reveals
ISLAMABAD: The federal government spends over Rs8 trillion on paying its 1.92 million employees and providing pensions on top of over six dozen kinds of perks, privileges and other dole outs, yet knowing little about their contribution, outcome and impact on taxpayers. While the judiciary gets the highest in perks, it is the Pakistan Administrative Services (PAS) erstwhile DMG that manipulates special benefits instead of allowing the professionals of other cadres to excel and return the taxpayers with outcomes.This is the crux of the latest study conducted by a five-member…
Read MoreAzad Pattan, Kohala HP projects: Chances of achieving FC slim
ISLAMABAD: Ministry of Planning, Development and Special Initiatives has stated that probability of achieving financial closure of 700-MW Azad Pattan Hydropower project and 1124-Kohala Power project was low, official sources told Business Recorder. This information was shared with the Ministry of Foreign Affairs during a meeting convened to finalise agenda for the visit of caretaker Prime Minister Anwaar-ul-Haq to China. Pakistan and China are expected to sign several pacts including export of donkey hides, etc., and ML -1 at reduced cost along with reduced operational speed. FC to Azad Pattan power…
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