Pakistan’s coronavirus cases on Friday reached 64,028 with 2,636 new patients in the last 24 hours (between Thursday and Friday), the country’s health ministry said. It also said that the death toll climbed to 1,317 after 57 people lost their lives in the last 24 hours, the country’s highest single-day increase since the outbreak began. … [Read more...] about Pakistan records 2,636 Covid-19 cases, highest single-day fatalities; tally crosses 64,000-mark
Pakistan foreign debt
In a programme publicly touted by Prime Minister Imran Khan, the government has turned to the powerful Inter-Services Intelligence agency (ISI) for help in tackling the virus, which still is spreading at an accelerating rate across Pakistan. … [Read more...] about Pakistan uses militant-tracking tech to locate virus patients
“Both national and foreign airlines shall be allowed to operate from all international airports of Pakistan with exception of Gwadar and Turbat,” said Abdul Sattar Khokhar, Senior Joint Secretary at the Civil Aviation Authority in a statement, adding that flights would be allowed from Saturday. … [Read more...] about Pakistan to resume international flight operations: Civil Aviation Authority
By Nirmal Jain Have you seen the glee in the eyes of politicians when they announce loan waiver schemes for farmers? No prizes for guessing whether their eyes are filled with mercy for farmers or avarice for votes. A few weeks ago, the chairperson of the largest state-owned bank sensibly voiced her concern that the loan waiver could upset credit discipline. Some of the legislators had the audacity to demand her apology for this. For them, we are reminded of Jesus’ last words 'Father, forgive them for they do not know what they are doing'. But there are many people in the government and bureaucracy who know what they are doing. The smaller issue is that they are making bad banks, worse. The larger issue is if the Indian farmer is destined to live in destitution and die in debt? Let us take the smaller issue first. In theory, the burden of loan waiver is borne by the state governments. Its immediate impact may be a slight fall in NPAs but it does spoil credit culture and makes … [Read more...] about View: Is Indian farmer destined to live in destitution and die in debt?
Pakistan announced in October last year to open the Gwadar port for the Afghan transit trade as the trade related infrastructure at the port was already to handle bulk cargoes to and from Afghanistan. The first ship carrying containers for Afghan transit trade arrived at the Gwadar port on Jan. 14, 2020. … [Read more...] about Gwadar port to boost Pakistan-Afghanistan trade: Afghan envoy