Pakistan has been put on the right track and the country can earn a position among top-20 economies of the world if it successfully documents its informal economy, said Ambassador of Italy to Pakistan Stefano Pontecorvo.
Speaking at the Faisalabad Chamber of Commerce and Industry (FCCI) on Friday, he said that the size of Pakistan’s economy was around $300 billion but 80% of it was undocumented.
He pointed out that the country’s GDP may go down due to the measures taken for documentation of the economy, however, in the long term it would help the country prosper.
Applauding the monetary steps, the envoy expressed optimism that Pakistan would soon become a hub of economic activity.
Talking about the manufacturing of machinery, he said that Italy had been producing world-class products, which were costlier than the ones made in China.
The ambassador shared that some Italian firms were negotiating with their Pakistani counterparts to launch joint ventures in different fields.
Referring to the vast potential in the livestock sector, Pontecorvo called for initiating joint ventures in the field as it had a high margin of profit.
Responding to various questions and queries, the ambassador assured businessmen of his cooperation in resolving the issues.
Speaking on the occasion, FCCI President Rana Sikandar Azam thanked the ambassador for his services for enhancing relations between the two countries.
Right, gang, it’s time to take a look at how amazing (and a bit freaky!) we all are! Check out these 15 fascinating facts about our bodies…
1. Your mouth produces about one litre of saliva each day!
2. Your brain is sometimes more active when you’re asleep than when you’re awake.
3 Laid end to end, an adult’s blood vessels could circle Earth’s equator four times!
4. The word “muscle” comes from Latin term meaning “little mouse“, which is what Ancient Romans thought flexed bicep muscles resembled.
5. Bodies give off a tiny amount of light that’s too weak for the eye to see.
6. The average person has 67 different species of bacteria in their belly button.
7. You lose about 4kg of skin cells every year!
8. Babies don’t shed tears until they’re at least one month old.
9. Information zooms along nerves at about 400kmph!
10. The human heart beats more than three billion times in an average lifespan.
11. Your left lung is about 10 percent smaller than your right one.
12. Human teeth are just as strong as shark teeth.
13. Scientists estimate that the nose can recognise a trillion different scents!
14. Humans are the only species known to blush.
15. Your blood makes up about eight percent of your body weight.
Michael Lohan has defended his daughter Lindsay Lohan’s “platonic” friendship with the Crown Prince of Saudi Arabia Mohammad bin Salman, reported The Independent.
According to editors at the New York Post’s tabloid Page Six, Lindsay was rumoured to have become close to Crown Prince, with the pair swapping regular texts and him flying the actor around in his private jet and showering her with presents — including a gift-wrapped credit card.
But according to dad Michael, while she does know the Saudi prince, he insisted their relationship is merely “platonic and respectful.”
“They are just friends, Lindsay has a lot of powerful friends in the Middle East, because she is huge out there,” he told the gossip column. “Lindsay met MBS (Mohammad bin Salman) because of the work she has been doing in the Middle East. She is working to help people in the region, particularly refugees,” he said. “Nobody writes about the good work Lindsay does in Syria, they just want to hear the bad stuff. She has a platonic and respectful relationship with MBS, nothing more.”
The Saudi crown prince stirred controversy after the murder of prominent Washington Post journalist Jamal Khashoggi. To this, Michael added, “None of that has proven to be true. Lindsay says he’s a good person. She feels safe, she has good people around her, and she knows how to conduct herself.”
His comments come after the Mean Girls star’s representative previously insisted to the publication that the pair met just once — at a Formula One Grand Prix race. The rep also denied that the prince gave her a credit card.
