ISLAMABAD: The National Disaster Management Authority (NDMA) on Tuesday said smog conditions in Pakistan’s eastern Punjab province are expected to persist throughout November and December, advising citizens to take precautions to protect themselves from air pollution.
Toxic smog has shrouded Pakistan’s cultural capital of Lahore and 17 other districts in Punjab since last month. Health officials say more than 40,000 people have been treated for respiratory ailments forcing Punjab to close schools until Nov. 17 to protect children’s health. The UN children’s agency has warned that the health of 11 million children in Punjab is in danger due to air pollution.
South Asia, particularly India and Pakistan, is shrouded in intense pollution every winter as cold air traps emissions, dust, and smoke from farm fires. Pollution could cut more than five years from people’s life expectancy in the region, a study found last year.
In its latest advisory, the NDMA said it has been monitoring the smog situation in Pakistan and its surrounding areas via state-of-the-art ground-based and space-based monitoring tools.
“It is anticipated that smog conditions will persist throughout November and December in the plains of Punjab,” the NDMA said. “Urban centers such as Lahore, Faisalabad, Multan, Bahawalpur, Peshawar, Mardan, and Nowshera are expected to experience smog during these months.”
The disaster management agency said it used its monitoring tools to analyze and project emissions from the industry, transportation and agriculture sectors.
“This includes emissions from stubble burning, volatile organic compounds, and nitrogen oxides, as well as surface-level ozone and particulate matter like PM10 and PM2.5,” the NDMA added. “Using information on aerosol optical depth, our team is identifying hotspots significantly affected by smog.”
Seasonal crop burn-off by farmers on the outskirts of Lahore also contributed to toxic air, which the World Health Organization says can cause strokes, heart disease, lung cancer and respiratory diseases.
The NDMA urged people to avoid stepping outdoors during smog peak hours in the morning, wear masks during outdoor activities, stay hydrated and use dehumidifiers.
Last month, Punjab identified four hotspots in the city where it imposed restrictions. These included banning auto rickshaws with polluting two-stroke engines, along with restaurants that operate barbecues without filters.
Last Friday, Pakistani authorities ordered the closure of all parks and museums for 10 days, urging people to avoid unnecessary travel.
Pakistan says smog to persist in Punjab’s plain areas throughout November and December
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Pakistan says smog to persist in Punjab’s plain areas throughout November and December
- Toxic smog has shrouded Pakistan’s cultural capital Lahore and 17 other districts in Punjab since last month
- Punjab has closed schools, banned entry of heavy transport vehicles on specific days in Lahore amid smog crisis
Pakistan stock market crosses record 174,000 points during intraday trading
- Pakistan Finance Adviser Khurram Schehzad says stock market’s equity investor base has increased by over 120,000 in last 18 months
- Official says stock market’s record levels reflect growing investor confidence supported by continued macro stability and key reforms
ISLAMABAD: The Pakistan Stock Exchange (PSX) crossed a record 174,000 points on Monday, Finance Adviser Khurram Schehzad said, marking a strong start to the business week.
According to the data available on the PSX’s official website, the KSE-100 benchmark reported 174,411.72 points during the intraday trading on Monday morning.
“Another milestone for Pakistan’s equity market,” Schehzad wrote on social media platform X. “The KSE-100 Index has crossed 174,400 points, marking yet another record high.”
Pointing out the stock market’s achievements this year, Schehzad said the PSX has delivered 50 percent plus returns in US dollar terms to investors since January this year, “making it one of the best markets in Asia.”
He noted that investors’ participation in the PSX is rising fast, adding that the equity investor base has increased by over 120,000 to cross the 450,000 figure in the last 18 months, marking a 37 percent increase.
“These record levels reflect growing investor confidence, supported by continued macro stability, key reforms, and improving prospects for more sustainable, higher future growth,” he said.
Pakistan’s stocks have surged in recent years, marking a strong performance this year as Islamabad moves to consolidate its financial recovery after years of economic turbulence, which saw it on the verge of a sovereign default in June 2023.
Pakistan’s foreign exchange reserves have surged past the $21 billion mark, as per the central bank’s latest data.
In recent years, the South Asian country has also implemented tough structural reforms under the International Monetary Fund (IMF) loan programs, aimed at reducing fiscal deficits and restoring investor confidence.
