LAHORE: The police in Pakistan’s second largest city Lahore have selected 1,800 points for the installation of CCTV cameras in a second citywide project. The project which is the second one after Karachi aims at preventing crimes, maintaining law and order and regulating traffic.
After the identification and selection of spots, a police team associated with the Integrated Command and Control Centre (IC3) is working on the technical layout of the project.
Officials said yesterday that the 1,800 CCTVs, which will be linked with the IC3, 800 would be installed under a crime category and the remaining is in the general law and order, security and traffic categories.
They said 20 police stations, where crimes occurred more frequently, had been selected for surveillance cameras while entry-exit points of the city would also be guarded on priority to prevent terrorism, crime and the movement of outlaws.
Pakistan debts reach Rs10.8tr
KARACHI: After increasing by a whopping 22.9 percent in just one year, domestic debt of the central government in Pakistan had reached Rs10.8tr at the end of March, latest data released by the State Bank of Pakistan (SBP) shows.
Domestic debt now equals 42 percent of gross domestic product (GDP) after increasing by as much as Rs2tr since March 2013 when it totalled Rs8.8tr, or 38 percent of GDP.
Interestingly, data shows the bulk of the increase in domestic debt (Rs1.74tr) has taken place since the new government came into power in June 2013.
“The sharp build-up in debt is to finance the large fiscal deficit of the government. Data indicates that the fiscal deficit is likely to remain higher than the target,” a commercial banker said requesting anonymity.
“The pace of increase in domestic debt is alarming. In the first nine months of the current fiscal year, it increased by 20 percent year-on-year,” he said.
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