Islamabad, December 12, 2025 – The World Bank has approved $400 million in financing for a major new initiative aimed at expanding access to safe drinking water, sanitation, and hygiene services across Punjab. The project, known as the Punjab Inclusive Cities Program (PICP), will also strengthen the financial and institutional capacity of local urban administrations in 16 secondary cities.
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Tax hike alert: Pakistan assures IMF of new measures to address revenue shortfall
Islamabad, December 12, 2025 – Pakistan has assured the International Monetary Fund (IMF) that it will introduce new tax measures if revenues fall short during the fiscal year 2025–26. The commitment was outlined in the Letter of Intent (LoI) signed by Finance Minister Muhammad Aurangzeb and State Bank of Pakistan Governor Jameel Ahmad, included in the IMF’s latest country report released on December 11.
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OGDCL confirms first oil and gas discovery in Nashpa Block
Karachi, December 10, 2025 – The Oil and Gas Development Company Limited (OGDCL) announced a significant breakthrough on Wednesday, reporting its first-ever oil and gas discovery from the Kingriali Formation within the Nashpa Block. The development marks an important milestone in Pakistan’s energy exploration efforts.
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IMF Executive Board Approves $1.29 Billion Package for Pakistan
December 8, 2025 – The International Monetary Fund (IMF) Executive Board has approved a $1.29 billion disbursement for Pakistan, marking a major milestone in the country’s ongoing economic stabilization efforts.
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Pakistan’s Sovereignty Will Not Be Compromised: CDF Asim Munir
Rawalpindi, December 8, 2025 – Chief of the Army Staff (COAS) and Chief of the Defence Forces (CDF) Field Marshal Syed Asim Munir NI (M), HJ on Monday reiterated that Pakistan is a peace-loving nation; however, no one will be allowed to compromise its sovereignty, territorial integrity, or test its resolve.
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PM Shehbaz approves electricity projects for Gwadar Port City and Gilgit-Baltistan
Islamabad, December 8, 2025 – Prime Minister Muhammad Shehbaz Sharif on Monday approved a comprehensive plan to resolve electricity supply issues in Gwadar Port City and green energy projects in Gilgit-Baltistan, aiming to ensure uninterrupted, affordable, and sustainable power.
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PM Shehbaz Sharif Congratulates Field Marshal Syed Asim Munir on Historic Appointment
Islamabad, December 5, 2025 – Prime Minister Muhammad Shehbaz Sharif congratulated Field Marshal Syed Asim Munir on his appointment as Pakistan’s first Chief of Defence Forces, praising his leadership and achievements in strengthening the country’s defence capabilities.
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Field Marshal Syed Asim Munir Appointed Pakistan’s First Chief of Defence Forces
Islamabad, December 4, 2025 – In a historic move, Field Marshal Syed Asim Munir NI(M), HJ, currently serving as Chief of Army Staff, has been appointed as Pakistan’s first Chief of Defence Forces for a five-year tenure.
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Saudi Arabia extends $3 billion deposit for one year to support Pakistan’s economy
Karachi, December 4, 2025 – In a major development for Pakistan’s financial stability, the State Bank of Pakistan (SBP) announced on Thursday that the Saudi Fund for Development (SFD), on behalf of the Kingdom of Saudi Arabia, has rolled over its existing $3 billion deposit for another year.
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Pakistan Business Confidence Index Surges 22% – OICCI Wave 28 Survey
Karachi, December 3, 2025 – Pakistan’s business sentiment has seen a significant boost, with the Overseas Investors Chamber of Commerce and Industry (OICCI) Business Confidence Index (BCI) – Wave 28 reporting an 11-point increase, raising overall confidence to +22 percent.
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