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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ISLAMABAD: In a major overhaul of the country’s power sector, the government is drawing up a 10-year electric policy focused on cutting electricity costs, eliminating circular debt, and gradually stepping away from state monopoly in power procurement, according to sources in the Energy Ministry. The long-term roadmap under preparation aims …
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Federal Finance Minister Muhammad Aurangzeb, during a press conference in Islamabad, stated that the IMF delegation visiting Pakistan will not engage in discussions regarding the budget. He emphasized that a significant reduction in the interest rate has already taken place, and in his view, there is still room for further …
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Federal Minister for Energy, Awais Leghari, announced that the government will no longer remain the sole entity responsible for electricity procurement. The private sector is now being introduced into the buying and selling of electricity, while the Guddu and Nandipur power plants are undergoing privatization. During a press conference, Awais …
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