On January 13, 2025, Punjab’s Chief Minister Maryam Nawaz Sharif launched an ambitious housing initiative aimed at addressing the needs of underprivileged families. The Maskan-e-Ravi ‘Zahra Homes’ project, inaugurated in Kala Shah Kaku, is set to provide free 3-marla plots to deserving individuals, offering them the opportunity for a better life through affordable, high-quality…
As January 16 approaches, Pakistan braces for yet another potential hike in petrol and diesel prices, further exacerbating the financial strain on its citizens. The Shehbaz Sharif-led government is reportedly poised to increase fuel prices by Rs 3 to Rs 5 per litre. This anticipated adjustment follows a recent surge in global crude oil…
Strengthening Pakistan’s Power Distribution: A $200 Million ADB Initiative to Enhance Energy Efficiency and Resilience In a significant move to address Pakistan's growing electricity demand and energy sector challenges, the Asian Development Bank (ADB) has approved a $200 million loan for the Power Distribution Strengthening Project. This initiative aims to modernize and upgrade the country’s…
The Need for Competitive Utility Prices and Interest Rates in Pakistan Pakistan’s business community has expressed growing frustration over the government's decision to raise petroleum product prices yet again, despite a global decline in oil prices. Main Anju Nasir, former president of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and chairman of…