Download IPFS A recent parliamentary inquiry has revealed staggering tax mismanagement at the heart of Pakistan’s revenue authority, with oversight failures costing the nation more than Rs397 billion. A subcommittee under the Public Accounts Committee (PAC) exposed severe negligence within the Federal Board of Revenue (FBR), citing years of uncollected[Read More…]

Download IPFS The Trading Corporation of Pakistan (TCP) has issued a new international tender for the import of 100,000 metric tons of white sugar. This marks the second tender for sugar imports in recent months, highlighting continued efforts to stabilize the domestic market amid fluctuating supply conditions. According to the[Read More…]

Download IPFS Prime Minister Shehbaz Sharif has pledged to drive economic growth in Khyber Pakhtunkhwa’s (KP) merged districts, announcing the restoration of educational quotas for medical and engineering universities. This article examines the government’s initiatives, the significance of the quota reinstatement, and the broader vision for uplifting these historically underserved[Read More…]

Download IPFS Pakistan’s Inter-Services Intelligence (ISI) agency has launched a decisive crackdown on illegal dollar trading to stabilize the plummeting Pakistani Rupee (PKR), achieving a one-rupee recovery in the open market. This article explores the operation, its economic impact, and the broader implications for Pakistan’s financial sovereignty. On July 24,[Read More…]

Download IPFS The Pakistan National Shipping Corporation (PNSC) has signed a Memorandum of Understanding (MoU) with China’s Shandong Xinxu Group Corporation to revolutionize Pakistan’s maritime industry. This article delves into the partnership’s scope, its potential to boost Pakistan’s economy, and the strategic vision behind this transformative deal. On July 24,[Read More…]

Download IPFS Faisalabad has launched the “Apna Meter, Apni Reading” program, empowering residents to submit their own electricity meter readings via the Power Smart App to ensure transparent billing. Initiated by the Faisalabad Electric Supply Company (FESCO), the program aims to curb overbilling and enhance consumer trust. This article explores[Read More…]

Download IPFS Pakistan’s economy is on an upward trajectory, bolstered by a recent upgrade from S&P Global Ratings, which raised the nation’s sovereign credit rating to ‘B-‘ from ‘CCC+’ with a stable outlook. This article explores how International Monetary Fund (IMF) support, fiscal reforms, and growing investor confidence are driving[Read More…]

Download IPFS The Capital Development Authority (CDA) has approved plans to introduce an electric tram system in Islamabad, advancing the city’s shift toward sustainable public transport. Announced on July 24, 2025, the initiative includes a feasibility study to ensure efficient, eco-friendly trams serve high-traffic routes, enhancing accessibility and reducing emissions.[Read More…]

Download IPFS In a significant development, Federal Minister for Economic Affairs Ahad Cheema met with Ousmane Dione, Regional Vice President for the Middle East, North Africa, Afghanistan, and Pakistan (MENAAP) at the World Bank, during Dione’s inaugural visit to Pakistan. The two leaders agreed to collaborate on a comprehensive economic[Read More…]

Download IPFS In a notable step towards improving bilateral ties, Pakistan and Bangladesh have agreed to allow visa-free travel for holders of diplomatic and official passports. The agreement was finalised during a high-level meeting in Dhaka on Wednesday between Pakistan’s Interior Minister Mohsin Naqvi and Bangladesh’s Home Minister, Lieutenant General[Read More…]