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If US Really Wanted To Help Pakistan!
Pakistan’s capacity to produce electricity compared to other states of it’s size (geography) and population puts it in the lower 20 percentile among the comity of nations. Combining the three major energy sectors, Hydroelectric, Thermal and Nuclear, Pakistan has an installed capacity of 19.5 GW of electric power. Turkey is a country similar in size…
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Should India Buy Weapons from Pakistan?
India is spending $11 billion on buying arms from US, Russia and others. If they spend one billion on buying weapons from the Pakistani military-industrial complex, they could have a reasonable chance of making peace with a vowed enemy in their backyard. The eternal enmity that ensued with the partition has caused enough death and…
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Pakistan Recieves $5.7 Billion in Remittances
Noting a 17 percent increase in remittances, State Bank of Pakistan Wednesday said that Non-Resident Pakistanis have send home nearly $5.7 billion between July 2009 to February 2010. During the same period in previous fiscal year, Pakistanis living abroad had sent $4.9 billion. For economies like Pakistan, funds repatriated by non-residents to family and friends…
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Pakistan Government May Raise Gas Tariff
Government of Pakistan is considering an increase in the gas tariffs to compensate for the grave losses suffered by the Sui Northern Gas Pipelines (SNGPL) recent months, reports from Islamabad confirmed Saturday. For the first time in company’s history, Sui Gas has registered substantial losses. It is estimated that in past six months the government…
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Punjab Police Caught Whipping Suspects in Public
Five policemen in Chiniot, Punjab were arrested after a footage that aired on various news channels clearly showed them publicly whipping four men accused of stealing rice. Four men were beaten-up like animals by five policemen and the footage shot by an amateur video journalist has created an uproar, like the Rodney King incident…
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Pakistan Government to Pay-off Debts of Energy Firms
In order to avoid further energy crisis, Pakistan government has assured Pakistan State Oil, PSO that it will shortly pay off the debts of the two leading power producers. When PSO stopped the fuel supply to HUBCO and KAPCO after its warning, the shortfall of electricity in the country worsened and forced the government to…