Prime Minister Shahbaz Sharif Celebrates Record Surge in Remittances, Calling It a Triumph for Pakistan’s Economy
Prime Minister Shahbaz Sharif has hailed the record increase in remittances, refuting claims of an impending economic collapse. By December 2024, Pakistan received $3.1 billion in remittances, marking a 29.3%…
Remittances Surge by 29% in December 2024, Reaching $3.08 Billion
Pakistan’s remittances from overseas workers saw a significant rise of 29% in December 2024, totaling $3.08 billion, compared to the previous year. This increase reflects a 6% rise from November…
Jamaat-e-Islami Announces Nationwide Protest on January 17th Over Rising Electricity Prices
Jamaat-e-Islami Pakistan, led by Hafiz Naeem-ur-Rehman, has announced a nationwide protest on January 17th, demanding a reduction in electricity prices. He criticized all political parties for supporting Independent Power Producers…
Minister of Energy Signals Possible Reduction in Electricity Prices by 10-12 Rupees Per Unit
Federal Minister for Energy, Owais Laghari, has announced the possibility of reducing electricity prices by 10 to 12 rupees per unit. Ongoing discussions with the IMF regarding captive power plants…
Prime Minister Shehbaz Sharif Identifies Multiple Strategies to Reduce Electricity Costs
Prime Minister Shehbaz Sharif emphasized the importance of reducing electricity prices, stating that two to three options are under consideration. He announced plans for another cabinet meeting this week to…
Achakzai Raises Concerns Over Talks Between Government and PTI, Cites Lack of Legitimate Mandate
Mahmood Khan Achakzai has raised concerns over the ongoing negotiations between the government and Pakistan Tehreek-e-Insaf (PTI), questioning how talks can proceed with a government that lacks a legitimate mandate.…
Remittances Surge by 33.6%, Reaching $14.77 Billion in Current Fiscal Year
Remittances in the current fiscal year saw a significant increase of 33.6%, totaling $14.77 billion. Exports grew by 7.4% and imports by 8.3% between July and November. Additionally, the central…
Hafiz Naeem Ur Rehman Calls for Reduction in Electricity Prices, Warns of Protests
Hafiz Naeem ur Rehman, Ameer of Jamaat-e-Islami, has demanded a reduction in electricity prices, warning that protests will follow if the government fails to provide relief to the public. He…
Punjab Assembly Approves Major Salary Hike for Lawmakers and Ministers
The Punjab Assembly has approved a significant salary hike for its members and officials. MPAs’ salaries have been increased from PKR 76,000 to PKR 400,000, while ministers will now earn…
Inflation Drops to 4.9%, State Bank Forecasts Further Decline in Coming Months
Inflation in Pakistan has decreased to 4.9% in November, down from 7.2% the previous month, according to the State Bank of Pakistan. The Monetary Policy Committee anticipates that inflation may…