Category: Pakistan

Federal Cabinet Approves Record Financial Scheme to Clear Power Sector Circular Debt

Federal Cabinet Approves Record Financial Scheme to Clear Power Sector Circular Debt

Pakistan’s federal cabinet, led by Prime Minister Shehbaz Sharif, has endorsed the largest-ever financial intervention aimed at resolving the chronic Rs 1.275 trillion circular debt in the country’s power sector. This landmark plan proposes six-year refinancing of power sector liabilities without adding pressure to the national budget. Key components include: Prime Minister

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Sindh Confirms First Congo Fever Death of 2025 in Karachi

Sindh Confirms First Congo Fever Death of 2025 in Karachi

In Karachi’s Malir district, a 42-year-old man succumbed to Crimean–Congo Hemorrhagic Fever (CCHF), marking the first fatality from the disease in Sindh this year, according to the provincial health department. He tested positive on June 16 at Indus Hospital in Korangi and died the following day . CCHF is a

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Karachi Ranked Among World’s Least Liveable Cities Again

Karachi Ranked Among World’s Least Liveable Cities Again

Karachi has been ranked 170th out of 173 cities in the 2025 Global Liveability Index by the Economist Intelligence Unit (EIU), placing it among the world’s least liveable cities for another consecutive year. The report cites low scores in stability, infrastructure, healthcare, and environment as major factors contributing to the

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Senate Panels Reject 18% Tax on Imported Solar Panels

NA, Senate Panels Reject 18% Tax on Imported Solar Panels

Islamabad, June 17, 2025 — Pakistan’s National Assembly and Senate Standing Committees on Finance and Industries have decisively rejected the proposed 18% sales tax on imported solar panels, introduced in the 2025–26 federal budget. The collective opposition reflects mounting concerns over the impact on Pakistan’s rapidly growing solar energy sector.

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PM Shehbaz Sharif Declares Blue Economy

PM Shehbaz Sharif Declares Blue Economy Pakistan’s New Economic Frontier

Islamabad, June 16, 2025 — Prime Minister Shehbaz Sharif highlighted the potential of the “blue economy” as Pakistan’s emerging economic frontier during the launch of the 2nd Pakistan International Maritime Expo and Conference (PIMEC 2025). He urged a nationwide effort to harness marine resources, transforming Pakistan into a maritime growth hub.

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Bilawal Warns: Without Pakistan‑India Dialogue, Regional Tensions Will Escalate

Bilawal Warns: Without Pakistan‑India Dialogue, Regional Tensions Will Escalate

Pakistan Peoples Party (PPP) Chairman and former Foreign Minister Bilawal Bhutto Zardari cautioned today that escalating military and diplomatic tensions between Pakistan and India are unlikely to subside unless meaningful direct talks resume . Speaking at a Brussels press briefing during a high‑level parliamentary delegation visit, Bilawal remarked: “The region

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Petrol to Rise Rs 1/Litre, Diesel to Jump Rs 5/Litre in Next Fortnight

Islamabad/Karachi, June 14, 2025 — The federal government has announced a fresh increase in petroleum prices for the fortnight beginning June 16. Petrol will rise by Re 1 per litre, bringing the ex-depot price to approximately Rs 253/L, while diesel will surge by Rs 5, reaching around Rs 260/L, according to sources within the Finance

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