In an agreement with the World Bank, the Punjab government withdraws its annual practice of wheat procurement from this year, reducing the strategic grain reserves to just 1 million metric tons in the next four years. Read more about In an agreement with the World Bank, the Punjab government withdraws its annual practice of wheat procurement from this year, reducing the strategic grain reserves to just 1 million metric tons in the next four years.
Chinese firm, China Three Gorges Corp, completes the construction of the Karot hydropower project in Pakistan, helping to solve Pakistan's power supply bottleneck and providing sustainable and stable energy support. Read more about Chinese firm, China Three Gorges Corp, completes the construction of the Karot hydropower project in Pakistan, helping to solve Pakistan's power supply bottleneck and providing sustainable and stable energy support.
Pakistan starts importing 1,000 megawatts of electricity from Kyrgyzstan this year to overcome chronic power shortages felt during the summer season. Read more about Pakistan starts importing 1,000 megawatts of electricity from Kyrgyzstan this year to overcome chronic power shortages felt during the summer season.
The government of Pakistan increases the pension amount to Rs15,000 this year, up from Rs6,500 in 2019. Read more about The government of Pakistan increases the pension amount to Rs15,000 this year, up from Rs6,500 in 2019.
The number of borrowers from State Bank of Pakistan (SBP) within the small and medium enterprise (SME) category grows to 700,000 this year, up from 180,000 in 2019, signaling a significant growth in small business creation. Read more about The number of borrowers from State Bank of Pakistan (SBP) within the small and medium enterprise (SME) category grows to 700,000 this year, up from 180,000 in 2019, signaling a significant growth in small business creation.
The Pakistan International Airlines (PIA) fleet grows to 45 aircraft after adding 12 new aircraft to its fleet this year. Read more about The Pakistan International Airlines (PIA) fleet grows to 45 aircraft after adding 12 new aircraft to its fleet this year.
Pakistan and Turkey increase trade to $5 billion this year, up from $800 million in 2020. Read more about Pakistan and Turkey increase trade to $5 billion this year, up from $800 million in 2020.
The Suki Kinari Hydropower Project is completed this year, generating 870MW capacity to the national energy grid. Read more about The Suki Kinari Hydropower Project is completed this year, generating 870MW capacity to the national energy grid.
Pakistan's port trade grows to about 13 million tonnes this year, up from 1.2 million tonnes in 2018. Read more about Pakistan's port trade grows to about 13 million tonnes this year, up from 1.2 million tonnes in 2018.
Under the circular debt reduction plan, the government improves the collection of electricity bills to 99.4% this year, up from 94.7% in 2019. Read more about Under the circular debt reduction plan, the government improves the collection of electricity bills to 99.4% this year, up from 94.7% in 2019.