Images Quaid e Azam Solar Power Project

Pakistan First Largest Solar Power Project of 1000MW

Pakistan’s Leading Minister Nawaz Sharif inaugurated Pakistan’s first a solar panel park, which will start off making 100 megawatts of energy because of the stop on the yr plus a entire of just 1000 megawatts till 2016. The actual Quaid-e-Azam Sun Park undertaking has four hundred, 400,000 solar panels, with a entire charge regarding around $131 million. Any time finish the particular place will certainly create with regards to a couple of. 5 situations the facility coming from the 392 megawatt Ivanpah sun arctic place in California’s Mojave Wilderness, so that it is one of many largest sun areas on this planet.

“If an individual are available in this article immediately after 1 . 5 years, you will notice any pond regarding solar panels, home houses as well as practices — it will likely be a brand new entire world, ” explained web page industrial engineer Muhammad Sajid, directing towards the encircling leave.

 On the occasion shortly after the inauguration, Sharif approved expanding the project from from 10,000 acres to 15,000 acres and increasing the capacity from 1,000 megawatts to 1,500 megawatts.

Images MP-5 Sub Machine Gun

Pakistan Export Machine Gun to US

Pakistan Weapon manufacturing company exported MP-5

 sub-machine gun to United States.

Images Foreign Exchange Reserves

Foreign Exchange Reserves cross 15 Billion Dollar in July-14.

Told National Assembly

ISLAMABAD:
 Finance Minister Ishaq Dar told the National Assembly on Thursday that Pakistan’s foreign exchange reserves will cross $15 billion in July, while GDP growth rate is expected to touch 4 per cent during the current fiscal year.
Commenting about the latest economic indicators, Dar said that the GDP growth rate currently stands at 3.4 per cent while reserves are at $13 bn.
The finance minister said that inflation rate is at 8.6 per cent, which has been brought down to single-digit during the Pakistan Muslim League government.
“The international community and financial institutions are also recognizing that the country’s growth is witnessing an upward trend while inflation is on the decline as yet,” he said.
He said that tax collection had also recorded a growth of 15.6 per cent during the current year.
“The returns of Federal Board of Revenue (FBR) have witnessed a growth of 15.6 percent during the first ten months of the current financial year while the FBR has collected Rs1,745 billion as compared to Rs1,509 billion rupees collected during the same period last year,” he added.
The minister said that exports have risen to $19 billion – showing a growth of 6 per cent – while imports remained at $33 billion during the last nine months.
Dar claimed that remittances also witnessed a growth of 11.4 per cent, with $1,289 billion received so far under the head of remittances as against $1,157 billion received during the same period last year.