Day: January 24, 2026

Islamabad: In a bid to address chronic circular debt, fragmented decision-making and long-standing coordination gaps among key ministries, the government is moving forward with the Integrated Energy Plan (IEP) to establish a coherent, evidence-based framework for Pakistan’s energy sector. Energy is widely recognised as a critical driver of economic growth, social development and human well-being. However, the absence of a unified planning structure in the past has led to silo-based decision-making, inefficient resource utilisation and inconsistent policy inputs, contributing to instability and inefficiencies across the energy value chain. To overcome…

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KARACHI: Sindh Chief Minister Syed Murad Ali Shah has approved a comprehensive Rs21.53 billion infrastructure package for Karachi, including a Rs13 billion grant-in-aid aimed at rehabilitating and improving roads under the jurisdiction of Town Municipal Corporations (TMCs), in a major move to ease traffic congestion and improve public safety in the metropolis. The approval was granted during a high-level meeting at CM House, attended by Local Government Minister Nasir Hussain Shah, Karachi Mayor Murtaza Wahab, Chief Secretary Asif Hyder Shah, Karachi Commissioner Hassan Naqvi, Finance Secretary Fayaz Jatoi, Secretary to…

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Islamabad: Pakistan must shift its focus from exporting raw critical minerals to developing processed, value-added and ESG-compliant mineral products in order to boost foreign exchange earnings and achieve sustainable economic growth, according to a policy note issued by the Institute of Cost and Management Accountants of Pakistan (ICMA). The policy note, released following Pakistan’s first-ever shipment of critical minerals to the United States in October 2025, acknowledges the export as a historic milestone but stresses that the real economic opportunity lies beyond raw extraction. ICMA emphasized that without domestic processing,…

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Karachi: Clifton Urban Forest has joined hands with Pak-Arab Refinery Limited (PARCO) and the Pakistan Coast Guards to launch a major mangrove plantation initiative along the Karachi coastline, marking a significant step toward coastal restoration and climate resilience. The collaborative effort aims to enhance mangrove cover along the coast to protect fragile marine ecosystems, conserve biodiversity, and strengthen natural defenses against climate-related threats such as coastal erosion and sea intrusion. Mangroves play a vital role in supporting marine life, stabilizing shorelines, and acting as natural carbon sinks. Stakeholders involved in…

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