Karachi: Sindh Minister for Local Government Syed Nasir Hussain Shah visited Pakistan’s first sanitary engineering landfill site, Jam Chakro Landfill Site Phase-II, to review the pace of ongoing development works and future expansion plans, where he was given a detailed briefing by senior officials and project consultants. The visit was attended by Parliamentary Secretary for Local Government Qasim Siraj Soomro, MPA Imdad Pitafi, Managing Director Sindh Solid Waste Management Board Tariq Nizamani, PD SWEEP Usman Moazzam, along with Turkish consultants and Chinese contractors. Officials informed the minister that five new…
Read MoreAuthor: Admin
Subsidies are not the answer
Pakistan’s diplomatic efforts to secure a ceasefire in the Middle East deserve due recognition. One looks forward to the positive outcomes of the Islamabad Peace Summit and its potential to revive the global economy over the medium to long term. However, short-term diplomacy does not immediately ease supply fears, price spikes or market volatility caused by war, including Pakistan’s recent fuel price decisions. The latter, despite the prime minister’s reduction in the petrol levy, have faced criticism as harsh, and for millions of households, they definitely are. Petrol and diesel…
Read MoreGul Plaza fire: inquiry finds major safety lapses; CM forms committee for recommendations for action
KARACHI (April 9): Sindh Chief Minister Syed Murad Ali Shah on Thursday reviewed the Judicial Commission report into the Gul Plaza fire incident and constituted a ministerial committee to study the report and submit its recommendations to him.The meeting, held at the CM House, was attended by Provincial Ministers Sharjeel Inam Memon, Nasir Shah, and Zia Lanjar, Chief Secretary Asif Hyder Shah, Mayor Karachi Murtaza Wahab, PSCM Agha Wasif, ACS Home Iqbal Memon, IGP Javed Odho, Additional IG Karachi Azad Khan, Commissioner Karachi Hassan Naqvi, Secretary Law Ali Ahmad Baloch…
Read MoreSaudi East-West Oil Pipeline Hit in Iranian Attack, Threatening Global Supplies
Saudi Arabia’s critical East-West oil pipeline—its key alternative export route bypassing the Strait of Hormuz—has been damaged in an Iranian attack, raising fresh concerns over global energy security, according to an industry source. The pipeline, operated by Saudi Aramco, transports crude from the kingdom’s eastern oil fields to the Red Sea port of Yanbu. It had been carrying around 7 million barrels per day (bpd) after Iran effectively disrupted traffic through the Strait of Hormuz, a vital global energy chokepoint. Initial assessments indicate that flows through the pipeline may be…
Read MoreGovt Likely to Raise Petroleum Levy Despite Global Oil Price Drop
ISLAMABAD: The government is expected to increase the petroleum levy (PL) even as global oil prices decline, amid mounting fiscal pressure and a significant revenue shortfall faced by the Federal Board of Revenue (FBR). Officials indicated that the move is being considered to offset a Rs610 billion shortfall in tax collection during July–March of the current fiscal year. Petroleum levy collections, a key non-tax revenue source, are also under scrutiny as the government seeks to meet its fiscal targets. Global oil prices have dropped sharply—by nearly 14%—following the announcement of…
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