Government Policy
Govt Disburses Rs. 38 Billion to Stabilize Petrol Prices Under PDC Mechanism
The Oil and Gas Regulatory Authority has processed the disbursement of approximately Rs. 38 billion to oil marketing companies as part of the government’s efforts to maintain stable petrol prices across Pakistan. The payments have been made under the Price Differential Claims (PDC) mechanism, a system designed to compensate companies for selling petroleum products below […]
Government Ends Free Electricity Units for Power Sector Employees in Landmark Reform
In a significant policy shift, Pakistan’s Power Minister Awais Leghari has announced the abolition of free electricity units previously granted to power sector employees. The decision, described as a major reform, follows approval from the Lahore High Court and marks a turning point in the country’s energy governance. The minister shared the development on social […]
ECC Approves Sale of 500,000 Tons of Old Wheat Stock at Revised Prices
The Economic Coordination Committee (ECC) of the Cabinet has approved the sale of 500,000 metric tons of old wheat stock held by the Pakistan Agricultural Storage and Services Corporation. The decision aims to reduce storage pressure and minimize carrying costs amid shifting market conditions. During its meeting on Tuesday, the Economic Coordination Committee agreed to […]
Govt Makes Energy-Efficient Products Mandatory to Cut Power Costs in Public Sector
The federal government has taken a significant step toward reducing electricity consumption and controlling rising power costs by making energy-efficient products mandatory for all public sector procurement. Under the new policy, federal government departments and institutions will now be required to purchase only energy-efficient, star-rated products for official use. The directive has been formally notified […]
PM Directs Pakistani Embassies Worldwide to Actively Facilitate Foreign Investors
Prime Minister Muhammad Shehbaz Sharif has instructed Pakistani embassies across the globe to take a proactive role in attracting and facilitating foreign investment, declaring investor support a top priority for the government. The directive underscores Pakistan’s renewed focus on economic growth through increased international engagement. The instructions were issued during the first review meeting of […]
Industry Rejects Govt’s Power Package, Warns of Factory Closures
Pakistan’s industrial sector has voiced strong opposition to the government’s proposed incremental electricity consumption package, calling it unsustainable and damaging for production and exports. During a public hearing conducted by the National Electric Power Regulatory Authority (NEPRA) on Tuesday, representatives from major business associations criticized the Power Division’s proposal to set a tariff of Rs. […]