Posts tagged as: GDP

No political cell working in spy agency since five years: Defence Secretary

Categorically denying presence of any political cell in the spy agency, Defence Secretary Lt-General (Retd) Asif Yasin Malik has made it clear that the cell of the Inter-Services Intelligence (ISI) was disbanded five years ago. While briefing the Senate Standing Committee on Defence and Defence Production, the secretary dispelled all rumors of any political cell […]

Pakistan loses Rs380 billion every year due to power crisis

Pakistan loses Rs380 billion every year due to power crisis Thursday, May 31, 2012: Pakistan loses around 2%, or Rs380 billion, of GDP (Gross Domestic Product) every year due to the prevailing power crisis in the country. According to the to the Economic Survey 2011-12, the  cost of subsidies given to the power sector during […]

Energy crisis in Pakistan (Party Two)

        Energy crisis in Pakistan (Party Two) Without making a proper policy, the government allowed a large numbers of people to set up CNG stations. Conversely, the commodity has been rendered short due to setting up filling stations across the country high and wide. As a New Year gift, the government has […]

Energy crisis in Pakistan (Party One)

        Energy crisis in Pakistan (Party One) As the winter is going severe with every passing day, the energy crisis is becoming worsened. The hours long gas and electricity load-shedding, price hikes and CNG closure are doubling the miseries of masses. This not only disturbed the lives of a common man but also shook up country’s major […]

Is UN successful in ‘World should be arm free’ campaign

Is UN successful in ‘World should be arm free’ campaign In 2009, 100 days before the World peace day on 21 September United Nations general secretary Ban Ki Mon announced a campaign with a slogan “World must be arms free”. The concentration during this campaign was primarily put on the retrenchment and destruction of the […]

Floods in Sindh deprive 0.5% GDP growth rate during the current year

Disastrous floods in the province of Sindh have jolted the economy of Pakistan badly and it is estimated that the GDP (gross domestic product) growth rate will fall by 0.5 per cent for the current financial year. One of a senior official in the Ministry of Finance cited in a background briefing that the country’s […]

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