BeNewz

The federal cabinet, chaired by Prime Minister Shehbaz Sharif, has approved revised agreements with 14 Independent Power Producers (IPPs), potentially reducing electricity prices by up to Rs11 per unit. Based on the Power Division’s recommendations, the cabinet endorsed renegotiated contracts with these IPPs, leading to a reduction of Rs802 billion …

The Government has approved a new system to provide electricity at a uniform tariff for Special Economic Zones (SEZs) and Industrial Estates to boost industrial development across the country. The approval was granted during a Cabinet Committee on Energy meeting held in Islamabad under the chairmanship of Prime Minister Shehbaz …

Pakistan’s overseas workers’ remittances surpassed the country’s export earnings in the first half of fiscal year 2024-25, despite the Prime Minister’s emphasis on boosting exports. Official data reveals that remittances totaled $17.645 billion in this period, compared to $16.561 billion in exports, creating a $1.084 billion gap. In December 2024 …