Category: Latest News

ISLAMABAD: Ahead of the presentation of the Federal Budget 2026-27 on June 5, Prime Minister Shehbaz Sharif held a high-level consultation with leading representatives of chambers of commerce and industry from across Pakistan, who urged the government to introduce tax relief measures, expedite refund payments, and implement structural reforms to accelerate economic growth. During the meeting, business leaders presented a range of proposals aimed at enhancing industrial productivity, boosting exports, attracting investment, and improving the overall business environment. Addressing the delegation, the prime minister stated that consistent efforts by the…

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Abu Dhabi, UAE: The 31st Council Meeting of the International Renewable Energy Agency (IRENA) commenced today in a hybrid format at the Agency’s headquarters in Abu Dhabi, bringing together more than 300 government representatives from around the world, both in person and virtually. Over the next two days, Council members will review progress on IRENA’s ongoing initiatives and discuss strategic priorities for the next phase of the global energy transition. Key discussions will focus on enhancing energy security through renewable energy deployment and exploring the role of emerging technologies—including artificial…

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Mr. Imran Ghaznavi has joined the Privatisation Commission as Chief Media Officer and Principal Spokesperson, assuming a key role in strategic communication and external relations. He will focus on shaping public narrative, strengthening stakeholder confidence, and supporting the country’s reform agenda through a strategic communication initiatives. With over 20 years of experience across the public and private sectors, Mr. Ghaznavi holds MS Mass Communication and MBA (Marketing) degrees with distinction, along with specialized training from the United States. He has served in senior roles at PIA, FBR, SECP, CCP, the…

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KARACHI: The Management Association of Pakistan (MAP) has urged the government to introduce comprehensive structural tax reforms in the Federal Budget 2026–27, stressing the need for a stable, transparent, and investment-friendly fiscal framework to strengthen economic growth and restore investor confidence. According to MAP, Pakistan’s tax system requires urgent rationalization to reduce pressure on compliant taxpayers while expanding the tax base through documentation of the informal economy. Key proposals by MAP include: MAP emphasized that sustainable revenue generation cannot be achieved through excessive taxation of existing taxpayers alone. Instead, long-term…

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Karachi: The first meeting of the Pakistan-Canada Business Council of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) was held at Federation House, bringing together Board of Directors and Executive Members to discuss strategies for enhancing bilateral trade and economic cooperation between Pakistan and Canada. The meeting focused on promoting exports and strengthening trade relations across a wide range of sectors, including textiles, leather, food products, fisheries, sports goods, construction materials, surgical instruments, energy, chemicals, and other industries. Participants emphasized the importance of exploring new business opportunities and…

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