The government has decided to secure a $1 billion budget support loan from the Asian Development Bank to strengthen policies aimed at tackling climate-related disasters, while deferring a separate $40 million project backed by the World Bank due to concerns over high costs. The decision was taken during a meeting of the Central Development Working…
A heated debate erupted in the National Assembly of Pakistan over the recent increase in fuel prices, highlighting growing concerns about inflation and economic pressure on citizens. Opposition members strongly criticised the government, arguing that rising petrol and diesel prices have significantly increased the cost of living. They pointed out that inflation is already high,…
The Balochistan government has launched a digital Business Facilitation Centre (BFC), marking a major step toward improving the province’s investment climate and simplifying business procedures. The initiative was introduced by the Balochistan Board of Investment and Trade, with CEO Qaim Lashari highlighting its importance in modernising the business environment. The Business Facilitation Centre is designed…
The Punjab government has urged the federal authorities to introduce clear policies and procedures to facilitate beef exports, highlighting the need to align national agriculture strategies with provincial priorities. The matter was discussed during a key meeting between Punjab Minister for Agriculture and Livestock Syed Ashiq Hussain Shah and Special Assistant to the Prime Minister…
Planning Minister Ahsan Iqbal has announced that the government is considering early market closures across Pakistan to reduce electricity consumption and control rising economic pressures. Speaking at a press conference in Lahore, the minister said Pakistan relies heavily on imported fuel for electricity generation, making energy conservation a national priority amid the ongoing global oil…
Prime Minister Shehbaz Sharif has announced the start of subsidy distribution through digital wallets for public transport and freight operators, aiming to provide fast and transparent financial relief during the ongoing fuel crisis. According to the Prime Minister’s Office, subsidies are now being directly transferred to operators of buses, wagons, trucks, and freight vehicles using…
Prime Minister Shehbaz Sharif has launched a digital wallet-based cash relief program aimed at supporting transport operators and farmers amid rising fuel prices and economic challenges. Under this initiative, financial assistance is being directly transferred to beneficiaries through digital wallets, ensuring transparency and efficiency in fund distribution. The relief package targets public transport operators, including…
The Sindh government has announced a major relief package for motorcycle users by introducing a Rs2,000 petrol subsidy for each registered bike in the province. Speaking at a press conference in Karachi, Murad Ali Shah said the initiative aims to support bikers affected by the recent surge in fuel prices. The announcement comes after a…
The State Bank of Pakistan (SBP) has reported a slight increase in foreign exchange reserves, which rose by $6 million to reach $16.38 billion for the week ending March 27, 2026. According to official data, Pakistan’s total liquid foreign reserves now stand at $21.79 billion. Out of this, $16.38 billion is held by the central…
Shehbaz Sharif has stated that Pakistan is effectively managing economic and financial challenges despite ongoing regional tensions and rising global prices. Speaking during a high-level review meeting in Islamabad, the Prime Minister emphasized that the country has successfully maintained the demand and supply balance of essential goods, preventing any major disruptions. He praised the coordination…
