Category: Shortcode

Pakistan & the IMF: A Cycle of Dependency or a Path to Reform?By Asad Ali Shah

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New-IMF

Amid ongoing economic and political uncertainty, Pakistan finds itself at a crossroads—struggling to navigate its 25th IMF program while confronting deep-rooted structural challenges. While IMF programs provide short-term stabilization, they fail to address the real cause of Pakistan’s deepening insolvency—our lack of productivity and innovation to drive export-led growth. Instead of making the economy more competitive, these programs lead to policies that further erode our global competitiveness, leaving Pakistan more dependent on external support rather than fostering self-sustaining growth. I had the privilege of discussing these critical issues with Dr.…

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NBP Pledges to Accelerate Action on Gender Equality on International Women’s Day

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New-NBP

Karachi (Mar 07, 2025): National Bank of Pakistan commemorated International Women’s Day by inviting Dr. Shehla Najeeb Sidiki, Dean of Faculty of Liberal Arts and Human Sciences Ziauddin University, Karachi and Muqaddas Abdul Rasheed, a young football player from Lyari to a session at NBP Head Office, Karachi. The session was attended by female staff of the Bank, including many who are part of the senior management. Mr. Rehmat Ali Hasnie, President & CEO NBP, Mr. Asim Baig, Group Head HRMG NBP, and the senior leadership team of the Bank…

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Sindh CM urges universities, industrialists, investors to engage with Launchpad Pakistan to take advantage of its opportunities

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New-Project

• Murad inaugurates FPCCI Launchpad Pakistan KARACHI (March 6): Sindh Chief Minister Syed Murad Ali Shah inaugurated the FPCCI Launchpad Pakistan, emphasising the essential role of youth entrepreneurship and innovation in shaping the country’s economic future. The event, organised by the Federation of Pakistan Chambers of Commerce & Industry (FPCCI), was attended by Governor Sindh M. Kamran Tissori, President FPCCI Mr Atif Ikram Sheikh, Senior Vice President Mr. Saquib Fayyaz, esteemed ambassadors, consuls general, commercial attachés, and representatives from both the public and private sectors. Senior Minister Information Sharjeel Memon,…

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Electricity prices slashed across Pakistan under monthly fuel charges adjustment

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New-NEPRA

According to notifications, relief will be reflected in electricity bills for March Power tariffs for KE consumers will see drop of Rs3 per unit. For rest of country electricity prices lowered by Rs2.12 per unit. K-Electric gets cut under Dec FCA, while rest of country for Jan. ISLAMABAD: The National Electric Power Regulatory Authority (NEPRA) has announced a reduction in electricity prices for consumers across the country under the monthly fuel charge adjustment (FCA), official notifications issued on Thursday stated.Power tariffs for K-Electric (KE) consumers will see a cut of…

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SSGC Board  approves JJVL plant resumption on SIFC directed terms

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JJVL-SSGC

ISLAMABAD : The Board of Directors (BoD) of Sui Southern Gas Company Limited (SSGCL) has finally approved the revenue sharing formula between the gas utility company and Jamshoro Joint Venture Limited JJVL as per the directions of Special Investment Facilitation Council, (SIFC) sources told Newzshewz .The eleventh ECM previously directed for resumption of JJVL plant as per revenue sharing formula (to be used as benchmark) which was earlier endorsed by the Supreme Court of Pakistan (SCP) based on agreement between the parties.The SCP had approved interim revenue sharing of 57%…

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