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Pakistan, ADB Sign $730m Power, SOE Reform Agreements
Pakistan and the Asian Development Bank have signed $730 million worth of agreements for power transmission strengthening and SOE reforms, aimed at easing grid congestion and improving efficiency.
Muhammad Hashir
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Audit Reveals Airport Tax Worth Crores Not Deposited in Treasury
Pakistan Airports Authority failed to deposit over Rs460 million collected as airport tax, audit report for 2024-25 shows.
Muhammad Hashir
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Government to Earn Rs55 Billion from PIA Privatization, Says Adviser Muhammad Ali
Privatization Adviser Muhammad Ali says the national exchequer will receive Rs55 billion from the PIA deal, with private investment expected to modernize the airline and improve services.
Muhammad Hashir
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PM Shehbaz Directs Review of Electricity Tariffs, Energy Sector Reforms Discussed
PM Shehbaz Sharif chairs energy sector meeting, directs Power Minister to consult stakeholders and submit recommendations to ensure fair electricity pricing and reliable transmission for industries.
Muhammad Hashir
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Border Closure with Pakistan Drives Food Inflation in Afghanistan’s Parwan Province
Food prices surge in Afghanistan’s Parwan province after border closure with Pakistan, with essentials like flour, rice and cooking oil becoming unaffordable amid rising unemployment and poverty.
Muhammad Hashir
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Federal Govt Denies NFC Delays, Reaffirms Timely Transfers to KP
Finance Ministry rejects KP CM’s claim of stalled NFC funds, says provincial shares are released fortnightly with no outstanding liabilities, reaffirming commitment to KP and merged districts.
Muhammad Hashir
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World Bank Approves $700m Financing Package for Pakistan’s Economic Stability
World Bank okays $700m for Pakistan under PRID-MPA to support macroeconomic stability, fair taxation, better service delivery, and stronger fiscal systems nationwide.
Muhammad Hashir
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Weekly Price Report: 14 Items Cheaper, 17 More Expensive in Pakistan
Weekly CPI report: tomatoes, potatoes, diesel, sugar fall, while chicken, red chili, eggs rise. Overall weekly inflation +0.24%, annual +3.75%.
Muhammad Hashir
