News From Pakistan
Investment in Pakistan’s tech ecosystem continued its downward trend in Q4-2022, declining to just $15.15 million, according to data released by Data Darbar. This is the worst quarter for startup funding since Q1-2020 when investment stood at $5.025 mi…
The National Electric Power Regulatory Authority (NEPRA) has decided to hold a public hearing for the approval to carry out competitive bidding for 600 megawatt peak (MWp) Solar Project at Muzaffargarh, Punjab on January 9.As per the details, Alternati…
The foreign exchange reserves held by the State Bank of Pakistan (SBP) dropped from $17.686 billion to just $5.822 billion in the calendar year 2022 (from Dec 31, 2021, till Dec 23, 2022), registering a decline of 67% or $11.864 billion.The total liqui…