12 h. ago Aurangzeb chairs meeting on implementation of National Tariff Policy

Minister for Finance and Revenue Senator Muhammad Aurangzeb on Monday chaired a meeting of the Steering Committee for the implementation of the National Tariff Policy. The meeting was attended by Minister for Commerce Jam Kamal Khan; Minister for Petroleum Ali Pervaiz Malik; Governor State Bank of Pakistan (SBP) and senior officials from the Ministry of […]

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13 h. ago Finance Minister reviews progress on Prime Minister’s Fan replacement program

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb here on Monday chaired a high-level meeting to review the progress on the readiness and forthcoming launch of the Prime Minister’s Fan Replacement Program. The meeting was attended by the Minister for Power, Sardar Awais Ahmad Khan Leghari; Governor State Bank of Pakistan, Chairman Pakistan Banks’ […]

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22 h. ago China hits back at Trump’s 10% tariff threat on BRICS aligned nations

China has strongly rebuked U.S. President Donald Trump’s threat to impose an additional 10% tariff on countries that align with BRICS’ “anti-American” policies. Trump announced the tariff threat following the BRICS summit in Rio de Janeiro (July 6–7, 2025), where the group rebuked unilateral tariffs and military actions against Iran and Israel. A spokesperson for […]

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47 h. ago Naumaan Ijaz slams rising electricity prices, urges end to ‘200 unit mafia’

  As power tariffs continue to rise in Pakistan, actor Naumaan Ijaz voiced strong disapproval over increasing electricity bills, calling for relief for ordinary citizens already burdened by inflation. Amid widespread complaints, Naumaan took to social media to express his frustration over the recent tariff changes announced by the National Electric Power Regulatory Authority (NEPRA). […]

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7 d. ago ECP to meet today on SC reserved seats verdict, notification expected soon

ISLAMABAD – The Election Commission of Pakistan (ECP) is set to hold a key meeting today (Monday) to discuss the Supreme Court’s recent ruling on reserved seats in Pakistan’s legislative bodies. According to sources, the meeting will focus on implementing the court’s verdict, reviewing legal details, and devising a strategy for notifying the successful candidates […]

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8 d. ago Govt moves to introduce uniform electricity tariff nationwide from july 1

ISLAMABAD – The federal government has requested NEPRA to approve a uniform electricity tariff for all ex-WAPDA distribution companies (XWDISCOs) and K-Electric, starting July 1, 2025. The move aims to replace current varying rates with a single, nationwide tariff system. NEPRA announced that it will hold a public hearing on July 1 to review the […]

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9 d. ago SOE losses hit Rs1.9 billion daily, govt warned of urgent reforms

ISLAMABAD – Pakistan’s state-owned enterprises (SOEs) are losing nearly Rs1.9 billion every day, with total accumulated losses now reaching Rs5.8 trillion, sparking alarm within the federal government. In a recent meeting of the Cabinet Committee on State-Owned Enterprises (CCoSOEs), chaired by Finance Minister Muhammad Aurangzeb, officials presented a bleak report covering July to December 2024. […]

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1 week ago ECC approves PKR 1.58 billion to honour armed forces’ sacrifices

The Economic Coordination Committee (ECC) of Pakistan has approved a grant amounting to over 1.58 billion Pakistani Rupees (PKR) to cover the salaries, allowances, and other financial obligations of the country’s armed forces. This decision was made during a meeting chaired by Finance Minister Muhammad Aurangzeb. The approved funds will be allocated by the Ministry […]

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1 week ago ECC approves supplementary grants and new gas prices in key economic meeting

ISLAMABAD – The Economic Coordination Committee (ECC) approved several technical supplementary grants for different ministries during a meeting chaired by Finance Minister Muhammad Aurangzeb. These grants are part of the budget for the 2024–25 financial year. The committee approved Rs 15.8 billion for the Ministry of Defence. Another Rs 6.3 crore was approved for rent […]

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2 w. ago National Tariff Policy aims to eliminate RDs, ACDs in 5 years, draft shows

The federal government has unveiled the draft for the National Tariff Policy (NTP) 2025–30 at the Regulatory Reforms Conference on Wednesday. The conference, organised by the Board of Investment (BoI), aimed at advancing regulatory simplification and industrial competitiveness, bringing together federal ministers, diplomats, and private sector representatives for a strategic dialogue on Pakistan’s economic direction. […]

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3 w. ago Xi Jinping, Sassou send congratulatory letters to FOCAC ministerial meeting of coordinators

BEIJING: Chinese President Xi Jinping and President of the Republic of the Congo Denis Sassou Nguesso sent congratulatory letters separately to the Ministerial Meeting of Coordinators on the Implementation of the Follow-up Actions of the Forum on China-Africa Cooperation (FOCAC) held in Changsha, capital of central China’s Hunan Province, on Wednesday. Noting that the current […]

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4 w. ago Erdogan reiterates his country’s support to Pakistan on key issues

ISLAMABAD: Turkiye’s President Recep Tayyip Erdogan has reiterated his country’s resolute support to Pakistan on key issues. Turkiye’s president discussed several issues with Prime Minister Shehbaz Sharif during a telephonic conversation between them. Both countries also agreed to expedite implementation on the key decisions taken in recent meetings between Pakistan PM and Turkiye’s President during […]

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