Electricity Consumption Rises 3.8% in Jul–Mar FY2026 Amid Shift to Alternative Energy Sources

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ISLAMABAD: Pakistan’s overall electricity consumption increased by 3.8 percent during the first nine months (July–March) of FY2025–26, according to the Economic Survey 2025–26. However, domestic and agriculture consumption recorded a decline, reflecting a structural shift toward alternative energy sources amid rising tariffs, affordability pressures, and energy conservation trends. The survey reported that total electricity consumption reached 83,143 GWh compared to 80,811 GWh in the same period last year. Meanwhile, installed generation capacity rose to 49,651 MW, an increase of 8.5 percent from 45,782 MW in FY2025, supported in part by…

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Global Uncertainty, Oil Price Volatility May Fuel Inflationary Pressures in Pakistan: Economic Survey

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ISLAMABAD: Global uncertainty and fluctuations in international oil prices could pose inflationary risks for Pakistan in the coming months, according to the Economic Survey 2025-26 released on Thursday. The survey noted that ongoing geopolitical tensions, particularly conflicts in the Middle East, and volatility in global energy markets may affect inflation and broader macroeconomic stability, necessitating continued policy vigilance. While inflation remained largely under control throughout most of FY2025-26, rising global energy prices driven by regional conflicts pushed Pakistan’s headline inflation to 7.3 percent in March 2026. In response to mounting…

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Pakistan Set to Unveil FY2026-27 Budget Today Amid Economic Stabilisation Efforts

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ISLAMABAD: The federal government is set to present the Budget for Fiscal Year 2026-27 in the National Assembly today (Friday), outlining its fiscal priorities, revenue measures, and expenditure plans aimed at sustaining economic stability and growth. Finance Minister Muhammad Aurangzeb will present the federal budget, which is expected to focus on economic reforms, revenue generation, development spending, and measures aligned with the government’s broader macroeconomic stabilization agenda. The budget was initially scheduled to be presented on June 10 but was later rescheduled by the government. Economic Survey Highlights Growth Ahead…

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Economic Survey 2025-26: Clean Energy Sources Overtake Thermal Power in Pakistan’s Energy Mix

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LAHORE: Pakistan’s energy sector witnessed a significant transition during the first nine months of FY2025-26, as hydropower, renewable energy and nuclear power collectively surpassed thermal power in installed electricity generation capacity for the first time, according to the Pakistan Economic Survey 2025-26. The survey highlights a steady shift toward cleaner and indigenous energy resources as the government continues efforts to strengthen energy security, reduce dependence on imported fuels, and promote sustainable and affordable power generation. Pakistan’s total installed electricity generation capacity rose to 49,651 megawatts (MW), compared to 45,782MW a…

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Economic Survey 2025-26: Poverty Rate Climbs to 28.9%, Pushing 27 Million More Pakistanis into Hardship

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ISLAMABAD: Pakistan’s poverty rate has risen sharply by seven percentage points over the past six years, pushing an estimated 27 million additional people into financial distress and increasing the country’s total impoverished population to around 70 million, according to the Economic Survey 2025-26. The survey reveals that the national poverty rate increased from 21.9% in 2018-19 to 28.9% in 2024-25, reflecting the mounting economic challenges faced by households across the country. Poverty remains considerably higher in rural areas, where the rate surged from 28.2% to 36.2%, while urban poverty climbed…

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