ISLAMABAD: Pakistan has offered new sea trade routes to Russia and Central Asian countries through its Arabian Sea ports as part of efforts to transform the country into a major regional trade hub. Federal Communications Minister Abdul Aleem Khan highlighted Pakistan’s strategic location while addressing a meeting of the United Nations Economic Commission for Europe…
The federal government has announced a major reduction in electricity tariffs for industrial consumers across Pakistan, providing long-awaited relief to businesses facing high energy costs. The revised rates will take effect from February 2026 following approval by the National Electric Power Regulatory Authority and will apply to all distribution companies, including K-Electric, until December 2026….
Pakistan’s inflation rate has shown fresh movement according to the latest Consumer Price Index (CPI) data released by the Pakistan Bureau of Statistics. The updated figures highlight ongoing price adjustments in essential commodities, utilities, and transportation. The CPI report reflects fluctuations in food items, fuel costs, and household goods, which directly influence monthly expenses for…
Ahmed Jawad Butt A socialist economy is a system in which the means of production are owned and controlled by the state or by the community as a whole, and the distribution of goods and services is based on the principle of social justice. In Pakistan, the need for a socialist economy has become increasingly…
