Pakistan

State Bank of Pakistan; Plans to Launch First Ever Digital Currency
Global, Latest, Pakistan

State Bank of Pakistan; Plans to Launch First Ever Digital Currency

The State Bank of Pakistan has announced plans to launch the country's first-ever digital currency. It aims to improve financial inclusion and reduce the reliance on cash transactions. Governor of State Bank of Pakistan Jameel Ahmad said Pakistan is working on launching the country’s first-ever digital currency. The Chairman of Senator Saleem in the Parliament House, the SBP governor, said in the meeting the central banks are piloting digital currencies. However, the SBP is trying to learn from the experience. He further said the state bank is currently busy reviewing and understanding the efforts of other central banks. They have successfully created their digital currencies. Moreover, the State Bank will be careful about launching a Central Bank Digital Currency. Meanwhile,...
Pakistan Bans 43 Scam Load Apps
Latest, Pakistan

Pakistan Bans 43 Scam Load Apps

The government of Pakistan has banned 43 scam load apps in an effort to protect consumers from fraud. The apps, which were available for download on both Android and iOS devices, promised users free or discounted mobile data and airtime. However, once users installed the apps, they were often charged exorbitant fees, or their personal information was stolen. The Ministry of Information Technology and Telecommunication (IT&T) announced the ban on scam load apps. The ministry said that the apps were violating the country's telecommunications laws and were causing financial harm to consumers. "We have taken this action to protect the interests of our citizens," said Amin-ul-Haque, the IT&T minister. "These scam load apps were preying on people's need for affordable mobile data ...
Pakistan Passport Ranks 4th Worst in the World
Global, Latest, Pakistan

Pakistan Passport Ranks 4th Worst in the World

According to Henley Passport Index, Pakistan ranks 4th worst passport globally. Pakistan stands at 100th position in the 227 countries. According to Henly & Partners, Pakistan Passport rank among the 5th worst passports in the current year. According to Henley & Partners, The Passport Index has monitored the world's most travel-friendly passports since 2006. However, the ranking executes after analyzing and sorting different travel documents from all the countries. Pakistan has ranked as a nation with the 4th worst passport in the world. Pakistan ranks 100th out of 227 countries rating. Additionally, Pakistan citizens had access to only 33 visa-free countries before it was at 35 ranks. https://twitter.com/PakStartup/status/1681660719996063747?s=20 Simultaneously,...
Shaheen Shah Afridi Completed 100 Wickets in Test Format.
Latest, Pakistan, Sports

Shaheen Shah Afridi Completed 100 Wickets in Test Format.

Shaheen Shah Afridi took his 100 wickets in a Test match against Sri Lanka in the first leg of a two-game series. Left-handed pacesetter Shaheen Shah Afridi returns in the form for the match. The two-matches tie against Sri Lanka. However, the aim for a milestone was an achievement of 100 wickets test scalps. Shaheen Afridi played for Pakistan in the test last year after an injury in his knee. He landed clumsily on the edge of the field while trying to stop the ball in the first of two tests against Sri Lanka at Gale last year. Shaheen sprained his previously injured right knee in the final and missed the home series against England (Test) and New Zealand (Test and ODI). Hence, he returned to the men's international T20 World Cup in Australia last October. Shaheen'...
Shahid Afridi Foundation completed 110 homes for Flood affectees in Balochistan
Pakistan

Shahid Afridi Foundation completed 110 homes for Flood affectees in Balochistan

The Shahid Afridi Foundation (SAF) built 110 homes in Mastung district, Balochistan, for flood-affected families. The Shahid Afridi Foundation (SAF) built the homes to high standards and designed them to withstand future floods. In addition, they also installed solar panels in the homes to provide electricity for the families. The families who will be moving into the new homes are from the poorest communities in the area, and they have been living in temporary shelters since the floods and struggling to make ends meet. The completion of the homes is a major milestone for the SAF. It is the largest housing project that the foundation has ever undertaken. Individuals and corporate sponsors donated money to fund the project. Shahid Afridi, the founder of the SAF, expressed his de...