Aftab Maken ISLAMABAD: Pakistan’s abrupt fuel price hike and rapid reversal have intensified political pressure on Finance Minister Muhammad Aurangzeb, with speculation growing over his future amid fiscal strain and public anger. Pakistan’s government faced mounting political heat after a record fuel price hike triggered widespread backlash and forced a …
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The National Assembly Standing Committee on Petroleum has approved the Off the Grid (Captive Power Plants) Levy Bill, 2025, clearing it for passage in the National Assembly. The bill aims to impose a levy on captive power plants and is part of Pakistan’s commitments under the IMF’s Extended Fund Facility. …
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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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