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Monthly Archives: May 2012

PPI Original Text (PPI-OT) – Least-cost energy generation plan 17 projects underway to generate 20,000 Megawatts electricity

Lahore, May 31, 2012 (PPI-OT): The Pakistan Water and Power Development Authority (WAPDA) is implementing on priority a least-cost energy generation plan to help reduce electricity shortfall and increase the ratio of low-cost hydel electricity in the national grid. Under the plan, 17 large projects are under construction / at …

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PPI Original Text (PPI-OT) – Pakistan not facing any risk in making International Monetary Fund’s repayments: Yaseen Anwar

Karachi, May 31, 2012 (PPI-OT): The Governor, State Bank of Pakistan, Mr. Yaseen Anwar has said that Pakistan will not face any risk in making repayments to the International Monetary Fund (IMF). ‘We face no risk in being able to make next year’s IMF payments from our adequate reserves,’ he …

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PPI Original Text (PPI-OT) – Pakistan successfully conducts Flight Test of indigenously developed Cruise Missile, Hatf-VIII

Rawalpindi, May 31, 2012 (PPI-OT): Pakistan, today conducted a successful Flight Test of the indigenously developed Air Launched Cruise Missile, Hatf-VIII (Ra’ad). The Ra’ad Missile, with a range of over 350 KM, enables Pakistan to achieve strategic standoff capability on land and at Sea. ‘Cruise Technology’ is extremely complex and …

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PPI Original Text (PPI-OT) – Government needs to adopt Small and Medium Enterprises Development as a top priority agenda: Sartaj Aziz

Lahore, May 31, 2012 (PPI-OT): The government of Pakistan needs to adopt the SME development as a top priority agenda , which should be followed up with a rigorous review of the growth strategies to ensure sustainable growth of the economy and the country with 180 million inhabitants facing challenges …

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