government

The People’s Bank of China identifies economic risks and urges the government to maintain stability – Trendy Blogger

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The People’s Bank of China identifies economic risks and urges the government to maintain stability – Trendy Blogger

The Pakistan Business Council (PBC) has highlighted five critical challenges that the government must address to maintain the economic stability achieved in 2024. In a statement shared on social media platform X, the People’s Bank of China spoke about the country’s economic trajectory and stressed the need for reforms and prudent fiscal policies. The Council … Read more

The government launches the 7th Agricultural Census for data-driven policy making – Trendy Blogger

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The government launches the 7th Agricultural Census for data-driven policy making – Trendy Blogger

ISLAMABAD: Planning, Development and Special Initiatives Minister Ahsan Iqbal on Wednesday launched the 7th Agricultural Census, focusing on the role of accurate data collection in addressing food security challenges. He stressed the importance of reliable statistics in effective policy making and stressed the use of digital tools to collect data. Speaking at the launch, the … Read more

The government raises gasoline and diesel prices for January 2025 – Trendy Blogger

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The government raises gasoline and diesel prices for January 2025 – Trendy Blogger

The federal government has raised petrol and diesel prices for the next two weeks, effective January 1, 2025. According to the Ministry of Finance, the price of petrol rose by Rs 0.56 per litre, to Rs 252.66, while the price of high-speed petrol rose by Rs 0.56 per litre. Diesel saw a rise of Rs … Read more

Dr. Tauqeer Shah is likely to join the federal government as an advisor or special assistant – Trendy Blogger

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Dr. Tauqeer Shah is likely to join the federal government as an advisor or special assistant – Trendy Blogger

Dr. Tauqeer Shah, who is currently Alternate Executive Director of the World Bank Group, is likely to be appointed as an advisor or special assistant in the federal government, according to reports. The official notification is expected to be made in the coming days. Dr. Shah, a close aide of Prime Minister Shehbaz Sharif, has … Read more

The government nominates new directors to the boards of MPCL and SSGC – Trendy Blogger

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The government nominates new directors to the boards of MPCL and SSGC – Trendy Blogger

The Ministry of Energy (Petroleum Division) has made important appointments to the boards of two major energy companies, Mary Petroleum Corporation Limited (MPCL) and Sui Southern Gas Corporation Limited (SSGCL), according to separate notifications sent to the Pakistan Stock Exchange (PSX) on Monday. Mr. Mohamed Ramadan, Joint Secretary (A/CA), Petroleum Division, has been appointed Director … Read more

The government is planning a central food and drug authority to ensure quality and promote exports – Trendy Blogger

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The government is planning a central food and drug authority to ensure quality and promote exports – Trendy Blogger

Federal health authorities are moving ahead with plans to establish the Pakistan Food and Drug Authority (FDA), a central regulatory body aimed at standardizing food, pesticides and cosmetics. According to a news report, the initiative will replace the Drug Regulatory Authority of Pakistan (DRAP) and aims to align Pakistan with global health and safety standards. … Read more

The government is considering handing over the Central Cotton Commission to Aptma or NARC amid the financial crisis – Trendy Blogger

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The government is considering handing over the Central Cotton Commission to Aptma or NARC amid the financial crisis – Trendy Blogger

The government is evaluating two proposals for the future of the Pakistan Central Cotton Commission (PCCC), a major cotton research institution, which faces severe financial challenges. Options include transferring the PCCC to the All Pakistan Textile Mills Association (Aptma) or the National Agricultural Research Center (NARC). According to a news report, the Economic Coordination Committee … Read more

Federal government debt to rise by 3.9 trillion rupees in 2024 – Trendy Blogger

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Federal government debt to rise by 3.9 trillion rupees in 2024 – Trendy Blogger

The federal government’s reliance on loans continued in 2024, with its total debt increasing by 3,919 billion rupees during the year, according to a document issued by the State Bank of Pakistan (SBP). This increase is due to the significant increase in domestic debt, while external debt has witnessed a decline. Data from the State … Read more

The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

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The government expects to improve offers to privatize the Pakistan Investment Authority after the recent rejection – Trendy Blogger

Federal Minister for Law and Justice Azam Nazir Tarar informed the National Assembly on Thursday that the government is optimistic about receiving better bids in its second attempt to privatize Pakistan International Airlines (PIA) after a previous failed attempt. During the Question Hour, the Minister emphasized that restoring PIA’s routes to Europe could positively impact … Read more

Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

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Government finalizes ‘take-and-pay’ deals with 14 independent power plants that rely on furnace oil, talks continue with other companies – Trendy Blogger

The Government has completed negotiations with 14 furnace oil-based independent power producers (IPPs) under a “take-and-pay” agreement, with discussions continuing with other IPPs. According to a news report, Prime Minister Shehbaz Sharif announced the gradual closure of old power plants to reduce electricity costs and promote energy efficiency. This step comes within the framework of … Read more