Dec 3

PM Shehbaz Hopes for Further Rate Cuts After Inflation Drops

ISLAMABAD: Prime Minister Shehbaz Sharif on Monday hailed the remarkable decline in inflation to 4.9%—the lowest in six and a half years—expressing optimism that this milestone could lead to further reductions in the key policy rate by the State Bank of Pakistan (SBP). Speaking during a federal cabinet meeting, Shehbaz emphasized the importance of leveraging […]

by Mrs. Anjum Shahnawaz

PM Shehbaz Directs Action Plan to Boost IT Exports to $25B

Nov 22

IT & Telecom, Pakistan

PM Shehbaz Directs Action Plan to Boost IT Exports to $25B

Prime Minister Shehbaz Sharif has approved an action plan presented by the Ministry of Information Technology and Telecommunication to boost Pakistan’s IT exports to $25 billion over the next five years. During a review meeting on Friday, Shehbaz, who had previously set this ambitious target, praised the comprehensive action plan and emphasized the importance of […]

by Hamza Shahnawaz

PM Shehbaz Orders Crackdown on Sugar Sector Tax Evasion

Nov 19

Pakistan, Taxation, Top stories

PM Shehbaz Orders Crackdown on Sugar Sector Tax Evasion

Islamabad, November 19, 2024 – Prime Minister Muhammad Shehbaz Sharif has directed a coordinated effort by the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), and Intelligence Bureau to address tax evasion, undocumented sugar sales, and price manipulation in the sugar sector.

by Mrs. Anjum Shahnawaz

PM Shehbaz Expresses Confidence in Economic Recovery

Nov 18

Finance, Top stories

PM Shehbaz Expresses Confidence in Economic Recovery

Islamabad, November 18, 2024 – Prime Minister Shehbaz Sharif on Monday expressed optimism about the country’s economic trajectory, asserting that Pakistan’s economy is on the path to stability. He attributed recent positive developments, including brisk trading in the stock market, to the government’s decisive steps aimed at reviving economic health. Shehbaz emphasized that foreign investment […]

by Mrs. Anjum Shahnawaz

PM Shehbaz Urges Nation to Pray for Rain Relief

Nov 14

National, Pakistan, Weather

PM Shehbaz Urges Nation to Pray for Rain Relief

Islamabad, November 14, 2024 – Prime Minister Shehbaz Sharif on Thursday appealed to the public to observe Namaz-e-Istisqa, or prayers for rain, across the nation, urging citizens to seek Allah Almighty’s mercy to ease the prevailing dry conditions. The Prime Minister’s call emphasizes the importance of collective prayers in mosques throughout the country to invoke […]

by Mrs. Anjum Shahnawaz

PM Shehbaz Announces Lower Electricity Tariff for Winter Season

Nov 8

National, Top stories

PM Shehbaz Announces Lower Electricity Tariff for Winter Season

Prime Minister Shehbaz Sharif has introduced a three-month electricity relief package aimed at providing significant savings for consumers during the winter months.

by Mrs. Anjum Shahnawaz

Policy Rate Cut to Stimulate Business Activity, Says PM Shehbaz

Nov 4

Finance

Policy Rate Cut to Stimulate Business Activity, Says PM Shehbaz

Prime Minister Shehbaz Sharif announced Monday that the recent reduction in the policy rate by the State Bank of Pakistan (SBP) will invigorate business activities, bolster exports, and create new employment opportunities across the country.

by Mrs. Anjum Shahnawaz

PM Shehbaz Directs FBR to Create Taxpayer-Friendly Environment

Oct 24

Taxation, Top stories

PM Shehbaz Directs FBR to Create Taxpayer-Friendly Environment

Islamabad, October 24, 2024 – Prime Minister Shehbaz Sharif on Thursday instructed the Federal Board of Revenue (FBR) to foster a more taxpayer-friendly atmosphere in a bid to build trust and enhance tax compliance. The prime minister made these remarks while chairing a review meeting focused on FBR reforms, according to a press release from […]

by Mrs. Anjum Shahnawaz

PM Shehbaz Announces Termination of Agreement with Five IPPs

Oct 10

Energy, National, Top stories

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.

by Mrs. Anjum Shahnawaz

Prime Minister Shehbaz Hails Record Low Inflation in 44 Months

Oct 1

National, Pakistan, Top stories

Prime Minister Shehbaz Hails Record Low Inflation in 44 Months

Islamabad, October 1, 2024 – Prime Minister Muhammad Shehbaz Sharif on Tuesday expressed satisfaction over the sharp decline in inflation, which has now fallen to its lowest level in the past 44 months. The inflation rate, recorded at 6.9 percent year-on-year in September 2024, marks a significant milestone in the government’s efforts to ease the […]

by Mrs. Anjum Shahnawaz