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Ministry of Energy Considers Ending Free Electricity and Petrol Facilities Amid Financial Crisis
The Ministry of Energy is planning to end free electricity and petrol benefits for government institutions to tackle financial issues and boost exports.
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Petrol and Diesel Prices Expected to Drop from August 1
Petrol and diesel prices are set to decrease by Rs3 and Rs8.50 per litre respectively from August 1. Lower international prices and reduced import premiums bring some relief.
News Desk -
Punjab Chief Minister Maryam Nawaz Approves Agriculture Tube Wells Solarisation Project
Punjab CM Maryam Nawaz has approved a major solarisation project for agriculture tube wells, covering 7,000 tube wells in the first phase. Farmers will pay only 33% of the cost, with the government covering the rest.
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Asian Development Bank Approves $400 Million Loan for Flood Relief and Reconstruction in Pakistan
ADB approves a $400 million loan to Pakistan for flood relief and reconstruction. $40 million will aid in rebuilding flood-affected houses and infrastructure, and restoring basic health facilities in Sindh.
News Desk
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Pakistan's Finance Minister in Beijing for Power Sector Debt Relief Talks
Finance Minister Muhammad Aurangzeb and Power Minister Awais Leghari in Beijing for talks on energy sector debt relief and IMF-recommended reforms.
News Desk
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Minister Ali Pervez Malik Addresses Energy Crisis and Economic Reforms
Minister Ali Pervez Malik highlights the urgent need for lasting reforms in Pakistan's energy sector, criticizes current electricity tariffs, and outlines efforts to digitize the tax system to broaden the tax base.
News Desk
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US Seeks $101 Million Budget to Strengthen Democracy and Stabilize Economy in Pakistan
The US administration requests $101 million to support democracy, fight terrorism, and stabilize Pakistan’s economy! This move aims to reduce reliance on China and promote economic reforms.
News Desk
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Government to Transfer Petroleum Pricing Power to Oil Companies in Major Deregulation Move
The government is stepping back from controlling petroleum prices! Oil marketing companies will soon have the power to set prices.
News Desk