Information minister Marriyum Aurangzeb said that donors at a UN conference in Geneva had committed nearly $10 billion to Pakistan to help the beleaguered country recover from last year’s devastating floods. The pledges came during the International Conference on Climate Resilient Pakistan in Geneva. Prime Minister Shehbaz Sharif is co-hosting the conference along with United […] The post $10 Billion Pledged To Help Pakistan Recover From Devastating Floods appeared first on The Friday Times - Naya Daur.
With the fiscal deficit widening by more than 115% in the first four months (July-October) of the current fiscal year, the Ministry of Finance has forecast inflation to stay high — between 21-23% — and the country’s economic situation will face with ‘severe headwinds’ during 2023. “For Fiscal Year 2023, economic growth is likely to […] The post High Inflation, Low Growth, Depleting Reserves Key Challenges For Pakistan’s Economy In 2023 appeared first on The Friday Times - Naya Daur.
Pakistan has a history of massive flooding followed by severe drought due to water mismanagement and climate topography, with melting glaciers acting as a tap on the north end and the sea on the other. In addition, climate change vulnerabilities add fuel to the fire. Climate scientists have predicted that Pakistan is of the countries […] The post Can The Govt Manage Land of Floods and Droughts On Policy Alone? appeared first on The Friday Times - Naya Daur.
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