- Chitralis reject idea of closing markets for three days in a week
- Water channel breach in Khot causes damage to property
- Eid celebrated in Chitral flouting all precautionary instructions
- “Verily we belong to God, and verily to Him do we return.”- Al Quran
- Chitral Police continues to take action against drug paddling
- Tourist beggars roam Chitral bazars despite ban on entry ?
- Record of incoming passengers to Chitral shall be obtained at the tunnel
- Snow leopard kills 30 goats after intruding in their shed
- Chitrali girl completes Graduation in US under Fulbright scholarship
- Markets to remain open 7 days a week up till 5 pm
- Quarantine in official premises restrictions to be lifted in Chitral
- MPA, Deputy Commissioner dispute resolved amicably
- Chitralis rejoice opening of public transport announcement
- Kalash spring festival Chlim Jusht concludes in a low key mode
- Incessant rains across Chitral districts block many roads
- Pre-Aftari squabble takes one life in Broze village
- Parents criticize policy of promoting students sans examination
- Two major roads of Chitral districts taken over by NHA
- Policeman on quarantine duty contracts Coronavirus
- Goats grazing by outsiders be banned, Sultan Wazir
- Chitral Scouts Major succumbs to COVID-19
- Corona virus status in Chitral
- PTI leader wants list of ‘Ehsas’ benefeciaries publicly displayed
- Corona positive cases keep rising in Chitral
- All buildings construction banned in Kalash valleys
- Corona exposes Chitral’s dependency on outsiders
- Chitral traders demand opening of markets
- Nine fresh Coronavirus cases including five women registered in Chitral
- Four COVID-19 patients recover in Chitral
- IGP KP visits Chitral quarantine centers
- Haji Wilayat Khan of Mastuj passes away
- Sixth Coronavirus patient officially recorded in Chitral districts
- Insaf Teachers Association Chitral deplores breach of merit in appointments
- Five persons detected with COVID-19 infection in Chitral
- First positive case of COVID-19 recorded in Chitral
The best news is that the current account deficit (CAD) is down. Yes, the mother of all economic challenges has been the CAD which under the PML-N ballooned from $2.5 billion in 2013 to $19.9 billion. The really good news is that the CAD for June 2019 came in at $997 million against $1.9 billion in June 2018. What that means is that we were running a CAD of nearly $2 billion a month a year ago which has now come down to under $1 billion a month. For FY 2019, CAD has come down to $13.6 billion from $19.9 billion; a year-over-year improvement of 32 percent.
The other good news is that our non-oil CAD is near-zero. Technically, a lower CAD means lesser pressure on the rupee-dollar parity-but continued pressure nevertheless. The other good news is that imports have come down from $5 billion a month last year to $4 billion a month; a decline of 20 percent. Year-over-year, imports are down 23 percent which is the steepest decline in ten years. Yes, remittances from Pakistani workers have jumped from $19.9 billion last year to $21.8 billion-a 10 percent improvement.
The not-so-good news is that exports ? despite a 30 percent depreciation ? are not picking up steam. Year-over-year exports are actually down from $24.7 billion last year to $24.2 billion this year, a drop of 2 percent. The other bad news is that foreign direct investment (FDI) has come down from $3.4 billion last year to $1.7 billion this year, a drop of 50 percent. The other not-so-good news is that our accumulated imports are down primarily because of a decline in the import of machinery (and transport).
The other good news is that British Airways (BA), the flag carrier airline of the UK, resumed flights to Pakistan after a 10-year suspension. BA is now ?scheduled to fly three times a week to Islamabad from London Heathrow? (BA had stopped flying to Pakistan after the Marriott Hotel bombing in 2008). With effect from June 14, the International Civil Service Commission of the UN restored Pakistan?s status as ?family station?. This is the equivalent of an ?international vote of confidence? for Pakistan?s improved security scenario (the UN had downgraded Pakistan?s status after the Marriott Hotel bombing in 2008).
This week there was truckloads of good news from the tribal districts of Khyber Pakthunkhwa where polling for election on sixteen seats ended. The Free and Fair Election Network (Fafen) declared the ?historic elections as peaceful and free from any major controversy over the quality of the electoral process.? Imagine; peaceful elections in the tribal districts that the Voice of America labelled as the ?former epicentre of terror?. Yes, the US has been trying to do something similar in Afghanistan; eighteen years and a trillion dollars down the drain ? and two-thirds of Afghanistan is still controlled by the Taliban.
The good news on terror-related deaths is that Pakistan is now recording its lowest numbers in a decade. The US State Department has designated the Balochistan Liberation Army (BLA) as a ?global terrorist organization?.
Red alert: The economy is slowing down at a pace much faster than I had expected only a few weeks ago. This surely is stagflation ? persistent ?high inflation combined with high unemployment?. This could, if it continues, lead to urban strife. Urgent measures must be taken to reverse the trend ? and the expansion of social safety nets.
The writer is a columnist based in Islamabad.
20 Jun 2019 .. Obituary: Mother of Siraj Ali Khan advocate of Khuzh Mastuj sub Division passed away. She was the mother of Muhammad Rasool Khan, Miraj Ali Khan, Abdul Jalil Khan and wife of Bahader Ali Khan.
19 Jun 2019 — Obituary: Ali Nizar of Booni, former senior banker who retired from BOK recently, passed away due to cardiac arrest at his hometown. He was the father of Wajid of HBL Booni and brother of Farman murad.
19 Jun 2019 — “??? ?? ??? ????? ?? ??? ?? ????? ?? ??” ?A good number of Chitralis (mostly poor people) who use naswar (snuff) for a high, have criticized the provincial govt for increasing tax on naswar in the budget. It may be noted that the KP govt has increased the tax on naswar by 50 paisas per kilogram in the announced provincial budget.
19 Jun 2019 —? Poor progress on the construction of Lowari tunnel approach roads specially the road on the northern side of the tunnel, indicate that Chitralis and other travelers to Chitral would be in trouble for the next at least three years. The tunnel itself being another dangling nuisance refusing to complete.
19 Jun 2019 —? Despite Eid holidays being over, tourists (mostly local) are? pouring into Chitral. The main reason being the national tourism boost given by the govt and the pleasant weather of even Chitral town, let alone the valleys compared to the scorching heat of the plains.
19 Jun 2019 — Leaders of banned outfit Ahle Sunnat Wal Jamaat (ASWJ) have been forbidden from entering Chitral where they were to address meetings at Chitral town and Khot. The local leadership of ASWJ has criticized the district administration for the denial of entry to their leaders.
19 Jun 2019 —? Provincial government plans to start helicopter tour service for Chitral and Kalam. Tourism minister KP said terms have been finalised with a private company and the service will initially originate fro Islamabad and Lahore giving flying sightseeing tours to adventure loving tourists.
19 Jun 2019 — Players and spectators evince great interest in the ongoing district polo tournament which will help finalize team for the Shandur cup against arch rival GB team. Dozens of? teams are participating and large number of locals and tourists watch the match daily. Final is scheduled for 25 June.
14 Jun 2019 .. Muhammad Khalid currently serving as SP investigation Shangla has been posted to Chitral in the same assignment. He belongs to Torkhow Chitral.
14 Jun 2019 .. Unusually cool and pleasant weather is persisting in Chitral town after frequent though untimely rains at this part of the year.. Chitralis who are very sensitive to weather changes are generally enjoying the pleasant weather.
14 Jun 2019 .. French Ambassador accompanied by CEO AKDN visited the Tehsil Headquarter Hospital Garm Chashma managed by the AKHS. The ambassador praised the efforts of the AKHS for providing essential health services to the backward area.
14 Jun 2019 .. Five persons belonging to Kesu village allegedly involved in the murder of a young man from Ayun have been arrested by the police. The prime suspect has not been arrested so far. The murder involves a female affair it is reported.
14 Jun 2019 .. Noor Ahmad Khan has been elected President and Faizur Rahman Gen Secy besides other office bearers elected for the offices of Govt Contractors Association Chitral. The elections were held recently in Chitral.
14 Jun 2019 .. According to a recent tradition of welcoming the arriving bureaucrats on their posting in, the newly posted Additional Deputy Commissioner to upper Chitral was welcomed at Drosh Bazar Chowk by elite of the town. Muhammad Irfanuddin a PMS officer belongs to Drosh.
13 Jun 2019 — At least five shops were broken in and robbed in Chitral and Jughoor bazar during the Eid holidays as reported by our correspondent GH Farooqi. Shopkeepers reporting the incidents asked for more vigilance from the police and arrest of the culprits without delay.
12 Jun 2019 — The dead body of a missing married young man Zakir Ahmad belonging to Ayun was recovered near the Chitral river after four days. The body had torture marks and apparently was murdered. Relatives have demanded an extensive investigation oh modern lines to nab the killer(s).
12 Jun 2019 — A mentally challenged young man Muzaffar Hussain of Bang village of upper Chitral is reported missing from his home since two days.
12 Jun 2019 — ROSE, an NGO serving education in Chitral has announced scholarships for Phd students. The scholarship scheme has been named Khalid Bin Wali scholarships after the young Chitrali bureaucrat who lost his life in an accident few months back.
12 Jun 2019 — Even after a week of Eid, Chitral town is limping back to life. Most people who had spent their salaries on Eid shopping are waiting for next salary. Laborers from down country who do most of the construction labour have not yet returned to Chitral after Eid holidays, while tourist are leaving the place after spending Eid break.
Scientists have developed a pioneering new technique that could generate enough electricity to power an entire home ? all by using solar panels that are much smaller than current models.
A team of experts from the University of Exeter has discovered an innovative way for generating photovoltaic (PV) energy ? or ways in which to convert light into power.
The new technique relies on ?funneling? the sun?s energy more efficiently directly into power cells, such as solar panels or batteries.
Crucially, this ground-breaking method has the potential to harvest three times the energy compared with traditional systems. The researchers believe their breakthrough could result in solar panels, no bigger than a book, producing enough energy to power a family-sized house.
The results are published in the leading scientific journal, Nature Communications.
Adolfo De Sanctis, who is the lead author of the paper, said: ?The idea is similar to pouring a liquid into a container, as we all know it is much more efficient if we use a funnel. However, such charge funnels cannot be realized with conventional semiconductors and only the recent discovery of atomically thin materials has enabled this discovery.?
In the research, the team of physics experts developed a process to ?funnel? electrical charge onto a chip. Using the atomically thin semiconductor hafnium disulphide (HfS2), which is oxidized with a high-intensity UV laser, the team was able to engineer an electrical field that funnels electrical charges to a specific area of the chip, where they can be more easily extracted.
While current solar cells are able to convert around 20% of the energy received from the sun, the new technique has the potential to convert around 60% of it by funneling the energy more efficiently. .. Source