March 28, 2025
Pakistan Foreign Reserves Decline as $1 Billion Chinese Loan is Repaid
Pakistan repaid a $1 billion Chinese commercial loan, reducing the foreign exchange reserves in the country temporarily low to $10.6 billion, six months low. It was part of the agreement with China where it was expecting refinancing earlier or later. Pakistan had taken $7.6 billion foreign loans in the first nine months of this current fiscal year. (Full story)
New Zealand Cricket Team Faces Setbacks Ahead of Pakistan ODIs
The New Zealand cricket team has been handed a setback as Tom Latham, their wicketkeeper-batsman, has suffered an injury and been ruled out of the upcoming ODI series against Pakistan. Captain Michael Bracewell will continue to captain the side following their 4-1 T20 victory. Henry Nicholls has been called up as a replacement, while Mitch Hay will take over wicket-keeping duties. Additionally, opener Will Young will miss the last two ODIs for personal reasons. (Full story)
Karachi’s ‘Roshni Baji’ Initiative Empowers Female Electricians
The ‘Roshni Baji’ program, launched in Karachi in 2021, has successfully trained 200 women as certified electricians in Pakistan’s traditionally male-dominated energy sector. Women like Nazia Seher are now working as meter readers and electricians, supporting their families while improving electrical safety in local communities. The initiative promotes safer electricity usage and helps reduce electrical hazards such as illegal taps that cause electrocutions. (Full story)