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Government Is Developing A Plan To Reform Various Sectors: PM

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4 months ago

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The Federal Government is developing a comprehensive strategy for reforms in several economic areas, according to Prime Minister Shehbaz Sharif, in conjunction with Provincial Governments.

Speaking at the Federal Cabinet meeting in Islamabad, he stated that the plan’s primary areas of attention include the power sector, agriculture, digitalization of FBR, commerce, and trade.

According to the prime minister, the Punjab government’s recent announcement of a package for power users comes entirely from the province budget; the federal government has made no contribution.

According to the prime minister, the federal government is making an effort to help citizens all throughout the nation.

According to Shehbaz Sharif, the Federal Government has begun a project to convert 28,000 tubewells to solar energy at a cost of 70 billion rupees, in partnership with the Government of Balochistan. According to him, the Federal Government is contributing fifty-five billion rupees to this initiative.

The Prime Minister highlighted the steps being taken to stabilize the economy and stated that inflation has decreased from 38% to 1%, the lowest level in the last three years.

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Maintaining Fertiliser Price Stability: The Need for a Continuous Gas Supply to the Fertiliser Sector

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6 days ago

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To guarantee fertiliser price stability, a cabinet committee meeting was presided over by Senator Muhammad Ishaq Dar, the deputy prime minister.

Senior government officials, including Industries Minister Rana Tanveer Hussain, attended the meeting.

The attendees received an update on the government’s, gas suppliers’, and fertiliser industry’s conversations. Additionally, the gas supply for the fertiliser sector was evaluated and determined to be adequate.

Throughout the Rabi cropping season, the Deputy Prime Minister ordered the fertiliser industry to maintain a continuous gas supply in order to guarantee steady production and stock levels.

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Fifth Straight Cut: PM Applauds SBP’s Policy Rate Reduction

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6 days ago

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Prime Minister Muhammad Shehbaz Sharif has praised the State Bank of Pakistan’s decision to lower its policy rate by an additional 2 percent, stating that the bank’s current 13 percent rate is encouraging for the nation’s economy.

He expressed optimism in a statement that the policy rate cut would encourage investment and further boost investor confidence in the country’s economy.

The prime minister said that decreasing the inflation rate also lowered the policy rate and that future inflation rate reductions will be even more pronounced.

Additionally, he expressed gratitude to the Federal Finance Minister and other officials for their work in this area.

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GHQ Attack Case: Prosecution Seeks Bail Cancellation of CM KP & Other Accused, Indicts 9 More

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6 days ago

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25 defendants, including PTI officials, have non-bailable arrest warrants issued by the Anti Terrorism Court of Rawalpindi for their failure to show up for court proceedings related to the GHQ attack case.

Judge Amjad Ali Shah added nine more suspects to the GHQ attack indictment list during today’s ATC Court sessions, bringing the total to 98.

Among the 61 defendants who appeared in court were Shah Mehmud Qureshi and the founder of the PTI.

Among those charged are Khadim Hussain Khokhar, Mehr Mohammad Javed, Chaudhary Asif, Zakir Ullah, Azeem Ullah, Shireen Mazatri, Major Retired Tahir Sadiq, and former MPA Rashid Hafeez.

A plea to cancel the bail of 23 suspects, including Chief Minister Khyber Pakhtunkhwa, has also been filed by the prosecution side.

In the GHQ attack, there were 119 accused in total.

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