Islamabad, January 14, 2025 – In a significant move to alleviate electricity costs and address circular debt, the federal cabinet, under the leadership of Prime Minister Shehbaz Sharif, approved revised agreements with 14 Independent Power Producers (IPPs).
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Updated Petrol and Diesel Prices in Pakistan – January 12, 2025
Here are the most recent prices of petrol and diesel in Pakistan, effective Sunday, January 12, 2025. Citizens are advised to stay updated on the latest petroleum prices before refueling their vehicles.
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SPI Weekly Inflation Decreases by 0.65%
Islamabad, January 10, 2025 – According to the Pakistan Bureau of Statistics (PBS), the Sensitive Price Indicator (SPI) recorded a decrease of 0.65% for the week ending January 9, 2025.
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Latest Petroleum Prices in Pakistan on January 10, 2025
Here are the most recent petroleum prices in Pakistan, effective Friday, January 10, 2025. Citizens are advised to stay updated on the latest petroleum prices before refueling their vehicles.
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Pakistan Confirms Detection of New Wild Poliovirus Type 1 Case
Islamabad, January 8, 2025 – Pakistan has reported the detection of a new case of wild poliovirus type 1 (WPV1), highlighting the persistent challenges in the country’s fight against polio.
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Aurangzeb Announces Bold Move to Abolish 150,000 Vacant Jobs
Islamabad, January 7, 2025 – Finance Minister Muhammad Aurangzeb on Tuesday announced the government’s decision to abolish 150,000 vacant positions that are not on the payroll. This measure is aimed at improving efficiency within the federal government and cutting unnecessary expenditures.
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UAE Extends $2 Billion Debt Roll-Over for Pakistan: PM Shehbaz
Prime Minister Shehbaz Sharif informed the federal cabinet on Tuesday that the United Arab Emirates (UAE) has agreed to roll over a $2 billion debt that was due for repayment by Pakistan this month. In his televised remarks at the start of the cabinet meeting, the prime minister highlighted the outcomes of his recent meeting with UAE President Sheikh Mohamed bin Zayed Al Nahyan, which took place in Rahim Yar Khan. The discussion focused on ways to deepen bilateral relations and enhance investment cooperation between the two countries.
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KPK Schools Reopen After Extended Winter Break
Educational institutions in the plain areas of Khyber Pakhtunkhwa (KPK) have officially reopened after the conclusion of winter vacations. Both private and government schools resumed classes on Tuesday, January 7, 2025, marking the return of academic activities across the province, including in the provincial capital of Peshawar.
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Pakistan, UAE Leaders Align on Shared Progress Goals
Pakistan Prime Minister Shehbaz Sharif held a significant meeting today with His Highness Sheikh Mohammed bin Zayed Al Nahyan, President of the United Arab Emirates, at Rahim Yar Khan. The meeting was attended by key officials, including Deputy Prime Minister Muhammad Ishaq Dar, Punjab Chief Minister Ms. Maryam Nawaz, Defense Minister Khawaja Muhammad Asif, Federal Minister for Information and Broadcasting Attaullah Tarar, and Special Assistant to the Prime Minister Syed Tariq Fatemi.
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Pakistan Unveils Pension Reforms to Cut Fiscal Burden
Pakistan has introduced a comprehensive set of pension reforms aimed at reducing the growing burden of pension liabilities on public finances. These reforms, announced by Adviser to the Finance Minister Khurram Schehzad via a post on X (formerly Twitter) on Saturday, are set to take effect from January 1, 2025. The initiative seeks to ensure fairness, sustainability, and financial stability within the nation’s pension system.
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