Tuesday, August 26, 2025

Pakistan

Pakistan to Spend $3.5B on Replacing Inefficient Ceiling Fans to Ease Power Shortages

Pakistan is gearing up for a massive energy-efficiency drive, aiming to swap out 88 million outdated ceiling fans over the next decade in a program that could slash peak...

KP Govt Orders Salary Cuts to Boost Flood Relief Efforts

The Khyber Pakhtunkhwa (KP) government will deduct salaries from public, semi-government, and private sector employees to raise funds for flood victims, following devastating monsoon...

WAPDA Chief Pushes for Faster Progress on Mohmand Dam Project

MOHMAND, Pakistan — WAPDA Chairman Lt Gen (Retd) Muhammad Saeed has called for an accelerated work plan to ensure the Mohmand Dam Hydropower Project...

Nepra Orders Forensic Audit as Halmore Power Dispute Deepens

Pakistan’s energy regulator has launched a forensic audit of Halmore Power Company Limited, escalating a long-running standoff over the company’s Power Purchase Agreement (PPA). Background...

NAB Returns Rs3.7 Billion to Victims of B4U Ponzi Scam

The National Accountability Bureau (NAB) has distributed Rs3.7 billion among more than 17,000 victims of the notorious B4U investment fraud — one of Pakistan’s...

Government Nets Rs527bn in T-Bills as Investors Flock to Debt Market

Pakistan’s government raised Rs527 billion through Treasury bills on Wednesday, beating both its auction target and the maturing amount, as banks and corporates showed...

Audit Exposes Rs4.8 Trillion in Power Sector Mismanagement

Pakistan’s power sector has once again come under fire after the Auditor General of Pakistan (AGP) flagged financial and operational lapses worth a staggering...

Senate Panel Clears Petroleum Bill Despite Pushback from Balochistan Senators

A Senate committee has narrowly pushed through the Petroleum Amendment Bill 2025, sparking tensions with lawmakers from Balochistan who say the legislation could cripple...

IMF Pushes Pakistan on Anti-Corruption and Money Laundering Reforms

The International Monetary Fund (IMF) has urged Pakistan to strengthen its anti-corruption institutions and tighten money laundering safeguards, according to a draft assessment on...

Govt Shuts Door on Subsidized Gas for Export Sectors Amid Legal Dispute

The federal government has decided against restoring concessionary gas tariffs for zero-rated and export-oriented industries, signaling a firm stance as litigation over past subsidies...

Senate Panel Demands Payment of Rs63 Million in Unpaid NAB Court Rent

The Senate Standing Committee on Housing and Works has set a firm deadline for the National Accountability Bureau (NAB) Courts in Lahore to settle...