Day: April 4, 2025

US Envoy met with Federal Minister Petroleum to discuss Pak US relations and opportunities and support in energy sector

Admin
energy-sector1

Charges d’Affairs US Embassy H.E Natalie Baker met today with Federal Minister for Petroleum Ali Pervaiz Malik to discuss bilateral energy collaboration, sustainable development, and opportunities for enhancing Pak-US relations. The meeting, held at the Ministry of Petroleum, focused on strengthening U.S.-Pakistan partnerships in the energy sector, including renewable energy initiatives, minerals, hydrocarbons and infrastructure investments. Natalie Baker and Minister Malik exchanged views on critical energy challenges, technological innovation, and policy measures to support Pakistan’s growing energy demands, future roadmap for mutually beneficial partnership and sustainability of energy sector. Minister…

Read More

Another Relief on the Way: Govt Plans to Remove PTV Fee from Electricity Bills

Admin
Electricity-Bills

Islamabad: In a bid to provide financial relief to electricity consumers, the government has prepared a plan to eliminate unnecessary charges, including the PTV license fee, from electricity bills. According to sources in the Power Division, a proposal has been finalized to remove the monthly PTV fee of Rs. 35 currently charged to domestic consumers. Industrial and commercial consumers, who also pay this fee as part of their electricity bills, are expected to benefit from this initiative as well. This development comes following directives from Prime Minister Shehbaz Sharif, who…

Read More

Zero Tariffs on US Goods: A Strategic Move to Secure Trade Ties with Trump

Admin
Zero-Tariffs

By Farrukh Saleem US President Donald Trump is reshaping global trade dynamics with an aggressive tariff strategy, leveraging America’s $800 billion trade deficit to dictate terms. Unlike many world leaders who react to changing circumstances, Trump has seized the initiative, setting the pace of international trade policy with a clear strategic vision. For *Pakistan, the US remains a **crucial trade partner, being the **only major economy where Pakistan enjoys a multi-billion-dollar trade surplus. To sustain this advantage, Pakistan must employ *strategic diplomacy, economic rationale, and political leverage with precision. Trump…

Read More

Energy Sector Circular Debt Surges to Rs4,700 Billion, Posing Major Fiscal Risk

Admin
Circular-Debt

ISLAMABAD: The Ministry of Finance has identified the rising circular debt in the energy sector as a *major fiscal challenge, warning that its continued growth threatens *economic stability. According to official documents, the circular debt stood at Rs4,700 billion as of *December 2024, with *Rs2,400 billion attributed to the power sector and Rs2,300 billion to the gas sector. The ministry cautions that the government lacks a clear strategy or financial capacity to resolve the crisis. With *limited room for tariff adjustments, the *mounting debt is expected to *hinder development spending,…

Read More

Punjab Implements Advanced Thermal Imaging for Forest Monitoring

Admin
Thermal-Imaging

LAHORE: The Punjab government has introduced cutting-edge thermal imaging technology for *24/7 satellite monitoring of forests, enabling *real-time detection of forest fires, illegal logging, and unauthorized activities. Punjab is the first province in Pakistan to deploy *thermal imaging for forest surveillance, launched under the directives of **Chief Minister Maryam Nawaz Sharif. The initiative has commenced in **Murree and Rawalpindi, with enhanced *nighttime patrolling and live satellite feeds ensuring constant oversight. A specialized team of artificial intelligence (AI) experts will manage the system. The technology operates on *advanced algorithms, enabling *instant…

Read More