Finance Minister Muhammad Aurangzeb has emphasized that industrialists and traders play a vital role in the country’s development, asserting that the ultimate goal is to benefit the common man. He stated that once Pakistan achieves self-sustainability, the current loan program from the International Monetary Fund (IMF) will be the last. …
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The current government has assured the International Monetary Fund (IMF) that it will reduce the circular debt in the gas and electricity sectors to zero by the end of this year. As of January 2025, the circular debt in the power sector stood at Rs 2,444 billion, while in the …
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Federal Minister for Planning, Development, and Special Initiatives, Ahsan Iqbal, chaired a high-level stakeholder consultative meeting today, bringing together leading figures from Pakistan’s top brands, private sector, industry, and branding experts. The purpose of the meeting was to develop a unified strategy for building a strong national brand for Pakistan, …
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Aftab Maken A visiting World Bank team met separately with Federal Ministers for Petroleum and Power in their offices on Thursday to discuss ongoing reforms in Pakistan’s energy sector, privatization efforts, and opportunities for long-term collaboration. Federal Minister for Energy, Sardar Awais Ahmed Khan, held a significant meeting with a …
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A meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs) was held today at the Finance Division under the chairmanship of the Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb. Federal Minister for Housing and Works Mian Riaz Hussain Pirzada, Federal Minister for Maritime Affairs, Junaid Anwar Chaudhry, Governor …
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Asghar Hussain and Hassan Abbas Responding to a question about failure of Rajasthan Canal in India, that it is less than 1% successful, Ms Azma Zahid Bukhari, the provisional minister for information, Government of Punjab, dismissed the failure and informed the audience of a press briefing that Indians have already …
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According to the Asian Development Bank (ADB), Pakistan’s economic growth rate is expected to remain at 2.5% in the fiscal year 2025. ADB report further said, it was noted that the growth rate could rise to 3% in the fiscal year 2026. The country’s economic situation has shown signs of …
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In a recent session of the National Assembly’s Standing Committee on Information Technology and Telecommunication, chaired by Aminul Haque, the Chairman of the Pakistan Telecommunication Authority (PTA), Major General (Retd.) Hafeez ur Rehman, provided a comprehensive briefing on the licensing status of Starlink and various challenges facing Pakistan’s telecom sector. …
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The Economic Coordination Committee (ECC) of the Cabinet met on Monday under the chairmanship of Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, said an official release of the Finance Ministry. During the meeting, the ECC reviewed and approved several Technical Supplementary Grants (TSGs) for ongoing projects and initiatives …
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Islamabad: In a bold move to lift the local fishing industry and clamp down on illegal fishing, the federal government is set to roll out a scheme that will bring 6,000 duty-free boats to Balochistan. The initiative is aimed at giving a major boost to the province’s fishermen, who have …
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