$8 Trillion Showdown: Rare Earth Minerals Ignite Federal-Provincial Rift in Pakistan

Reko-Diq

ISLAMABAD: Pakistan is heading toward a major political and constitutional confrontation as the federal government and provinces clash over control of the country’s vast rare earth mineral reserves—strategic resources now seen as more valuable than oil and gas. Senior analyst Najam Sethi recently spotlighted the brewing conflict on his television show, highlighting disputes over ownership, control, and revenue-sharing from rare earth mining projects. With estimated reserves valued at an astonishing US$8 trillion—nearly 20 times Pakistan’s current GDP—the stakes are monumental. Provinces assert their constitutional right to up to 90% of…

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Govt Moves to Save Rs1.6tr Through Revised Power Plant Agreements

NEPRA-Office

ISLAMABAD: In a major cost-cutting initiative, the federal government has formally approached the National Electric Power Regulatory Authority (Nepra) seeking approval to revise power purchase agreements with four public sector power plants, aiming to save approximately Rs1.58 trillion over their remaining operational lifespans. The proposed revisions include transitioning from the current ‘take-or-pay’ model to a ‘hybrid take-and-pay’ structure, lowering the return on equity (RoE), and capping dollar indexation at Rs168. Nepra has scheduled a public hearing for April 24 to assess the proposal jointly submitted by the Central Power Purchasing…

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LIIBS 2025 Concludes – Powerful Commitments to Innovation, Inclusion & Economic Resilience

LIIBS-2025

Islamabad, April 17, 2025- LEADERS IN ISLAMABAD BUSINESS SUMMIT (LIIBS) 2025, themed Navigating the Unknown, came to a powerful close with globally recognized leaders, policy makers, experts, and thousand plus delegates, deliberating on unified approach, consistency of reform, technology and investment landscape, for Pakistan. Shahid Khaqan Abbasi, former Prime Minister of Pakistan, reinforced the need for stability and continuity of policies, with a focus on the need for privatization. “Weak regulation has massively contributed to increasing circular debt, and loss of investments. Stability and rule of law are a must to…

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