Islamabad, October 29, 2024 — In response to shifting dynamics in global oil markets, Pakistan will adjust domestic petroleum prices for the first half of November 2024, with changes set to take effect on November 1. Despite a global downturn in oil prices, sources indicate that the country’s petrol and high-speed diesel (HSD) prices will see a nominal increase, potentially rising by up to 78 paisa per liter.
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KP to Launch Digital Property Card for Online Land Record Access
Peshawar, October 28, 2024 – In a landmark move to enhance transparency and streamline access to land records, Chief Minister Khyber Pakhtunkhwa, Ali Amin Khan Gandapur, announced the launch of the electronic “Jaidad [immovable property] Card” on Monday.
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Pakistan Launches Nationwide Polio Vaccination from Oct 28
Islamabad, October 27, 2024 – In a renewed drive against polio, Pakistan will launch a nationwide polio vaccination campaign starting Monday, October 28, 2024, with the aim of protecting over 45 million children under the age of five.
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Justice Yahya Afridi Nominated as New Chief Justice of Pakistan
ISLAMABAD: In a significant development, the Special Parliamentary Committee has officially nominated Justice Yahya Afridi as the new Chief Justice of Pakistan (CJP), succeeding the outgoing CJP, Justice Qazi Faez Isa, who is set to retire on October 25. Justice Afridi’s nomination comes after extensive deliberations within the parliamentary panel, formed to select the next CJP from among the three most senior judges of the Supreme Court.
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Next Two Weeks Critical for Dengue Cases, PMD Warns
Islamabad, October 22, 2024 – The Pakistan Meteorological Department (PMD) issued a warning on Tuesday, highlighting that the next two weeks will be crucial for dengue cases across the country due to favorable atmospheric conditions. According to the PMD, while dengue cases are expected to decrease in November, the prevailing weather in the short term could contribute to a rise in infections.
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Pakistan Sets Bold Path to Interest-Free Banking by 2028
Pakistan is on the cusp of a historic shift in its financial landscape as the newly-passed 26th Constitutional Amendment Bill, 2024, sets January 1, 2028, as the deadline to eliminate Riba (interest-based banking) from the country’s economic system.
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Updated Petroleum Prices in Pakistan from October 16, 2024
ISLAMABAD, October 16, 2024 – In a significant move, Pakistan has announced a revision in petroleum prices, marking the second adjustment for October. This revision comes as part of the government’s ongoing effort to align domestic fuel prices with fluctuating international market rates. The new prices take effect from October 16, 2024.
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PM Shehbaz Announces Termination of Agreement with Five IPPs
Islamabad, October 10, 2024 – In a decisive move, Prime Minister Shehbaz Sharif on Thursday announced the termination of power purchase agreements with five Independent Power Producers (IPPs), a landmark decision aimed at alleviating the financial burden on the nation’s electricity consumers.
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Cabinet Approves ISMO Setup for Low-Cost Electricity
Islamabad, October 9, 2024 – In a transformative step towards revolutionizing Pakistan’s electricity market, the Cabinet Committee on Energy has officially approved the establishment of an Independent System and Market Operator (ISMO).
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Petrol Prices in Pakistan Plunge by 23.51% Over Past Year
Islamabad, October 4, 2024 – Pakistan has witnessed a sharp decline in petrol prices, with the cost per liter plunging by a staggering 23.51% over the past year, according to data released by the Pakistan Bureau of Statistics (PBS) on Friday. This marked reduction comes as a welcome respite for consumers amid fluctuating global oil markets and domestic economic pressures.
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