Connect with us

Latest News

Pakistan raises its rating for human development

Published

on

As to the study, Pakistan has risen three spots to claim the 161st rank in the worldwide Human Development Index (HDI) rankings.

Pakistan was rated 164th with 0.540 points in the previous survey, which indicates a modest fall from that ranking this year.

South Asia’s best scorer is Sri Lanka, which is rated 78th with 0.780 points. Bangladesh is ranked 129th with 0.670 points, while India is ranked 134th with 0.644 points. Afghanistan is at the bottom of the area, ranking 182nd with 0.462 points, just above the 10 lowest, while Nepal is ranked 146th.

Norway is in first place with 0.966 points, followed by Switzerland in 193rd place with 0.380 points. Somalia is at the bottom of the list with 0.380 points.

With its inclusion of variables including life expectancy, educational attainment, and per capita income, the HDI functions as a complete metric. The Human Development Report was first published in 1990 with the assistance of the late Dr. Mahbubul Haq, a former finance minister of Pakistan. Its goal is to shed light on patterns in world development.

Concerned about the growing gap in human development between rich and poor countries, UNDP Administrator Achim Steiner emphasized the pressing need for international cooperation in tackling global issues.

Latest News

Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

Published

on

By

To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

Continue Reading

Latest News

Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

Published

on

By

Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

Continue Reading

Latest News

GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

Published

on

By

25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

Continue Reading

Trending