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Tag Archives: Development

Pakistan, World Bank sign loan agreements worth $918 million

Adviser to the Prime Minister on Finance, Revenue and Economic Affairs Dr Abdul Hafeez Shaikh witnessed the signing of the agreement between Country Director World Bank Patchamuthu Illangovan and Economic Affairs Division Secretary Noor Ahmed.

World Bank and Pakistan sign 3 loan agreements worth $918 million for development sectors The World Bank and Pakistan on Tuesday signed three loan agreements worth a total of $918 million providing capital for development across various sectors as part of the government’s plan to steer the nation out of the economic crisis. Adviser to the Prime Minister on Finance, ... Read More »

MIT wants to build smarter AI system like a child

MIT will explore human intelligence in order to build AI systems, who learn like babies Artificial intelligence, in the broad sense, is one of the hottest news topics of 2018, the researchers, end-user companies and governments responding to the global race for AI. The research group of Massachusetts Institute of Technology announced to build an Artificial Intelligence system that’s as ... Read More »

Denmark celebrates completion of Pakistan development program

Denmark celebrates completion of Pakistan development program

Embassy of Denmark marks completion of 7-year Development Program in Pakistan which benefitted around 5.7 million people. The Embassy of Denmark in Pakistan celebrated the completion of its development programme 2010-2017 in Pakistan. Around 5.7 million people have benefited from the Danish Government’s support to the Multi-Donor Trust Fund (MDTF) which helped revitalise the economy, and improve education and health ... Read More »

UNODC launches $70m project to empower Pakistan’s law enforcement agencies

UNODC launches $70m project to empower Pakistan's law enforcement agencies

UNODC Country Programme to address Pakistan’s development challenges within its mandated areas of illicit trafficking, drug control, and crime prevention ISLAMABAD – The United Nations Office on Drugs and Crime (UNODC) presented its USD 70 Million Country Programme II (2016-19) under the title “developing solutions for drugs and related challenges in Pakistan”. In December 2016, UNODC in collaboration with the ... Read More »

Pakistan and Turkey relationship enter into new phase

Pakistan, Turkey agree to strengthen further bilateral relation

Both the leaders agreed that the Kashmir issue should be resolved according to UN resolutions and called for enhancing trade, defence cooperation ISLAMABAD – Pakistan and Turkey have reaffirmed commitment to transform their long-lasting and brotherly relationship into a strong strategic partnership. Turkish President Recep Tayyip Erdogan and Pakistani President Mamnoon Hussain agreed on Wednesday to expand cooperation between the two brotherly ... Read More »

Pakistan ranks 154 out of 183 countries on Youth Development Index 2016

Pakistan ranks 154 out of 183 countries on Youth Development Index 2016

Pakistan’s poor performance in the areas of education, financial inclusion and political participation led to declining score on Youth Development Index 2016 Pakistan is among the worst countries for young people aged 15 to 29 to live in, according to the latest survey of Youth Development Index (YDI) 2016 compiled by Commonwealth Secretariat. At a dismal ranking of 154 among ... Read More »

Pakistan highlights women empowerment initiatives at OIC moot in Istanbul

Pakistan highlights women empowerment initiatives at OIC moot in Istanbul

Pakistan is committed to women empowerment as a key priority area across all sectors of planning and development ISTANBUL (Turkey) — Pakistani officials lauded the women empowerment initiatives at the Organisation of Islamic Cooperation (OIC) conference in Istanbul. Pakistan is committed to women empowerment as a key priority area across all sectors of planning and development, Senator Kamran Michael informed the participants.The Federal ... Read More »

China donates 500 vehicles, including 80 ambulances, to Pakistan

China donates 500 vehicles, including 80 ambulances, to Pakistan

China supports Pakistanis people and government by free assistance of vehicles and office equipment to support Pakistan and strengthen the capacity building of institutions ISLAMABAD – The Chinese government donated 505 modern vehicles, including 425 pickups and 80 ambulances, to Pakistan. The free assistance also includes office equipment. The handover ceremony was held in Islamabad and attended by Chinese Ambassador to Pakistan ... Read More »

CPEC will transform the region into global trade hub: Experts at Beijing Forum Islamabad

President Mamnoon Hussain addressing at Beijing Forum Islamabad 2016 at the National University of Sciences and Technology (NUST) in Islamabad on 24 May 2016

President Mamnoon Hussain says CPEC would prove to be a milestone in economic development of Pakistan ISLAMABAD – China-Pakistan Economic Corridor (CPEC) is a historic step forward under which the development of road, rail, sea and air infrastructure projects would transform the whole region into a hub of regional and global trade, remarked Pakistani President Mamnoon Hussain. He was addressing ... Read More »

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