2025 August

Audit Findings Reveal Overcharging It is reported that three electricity distribution firms (Discos) overcharged citizens up to 1 billion in the form of installation charges. It was discussed at a sub-committee meeting of the Public Accounts Committee (PAC), chaired by Shahida Akhtar, in which audit reports on the Power Division and its subordinate organizations were...

PM Unveils Joint Water Strategy The federal government is also developing all provinces’ water reservoirs and water management strategy as announced by the Prime Minister Shehbaz Sharif. The ruling is devastating as calamitous floods persistently devastate the nation. The PM stressed that the problem of climate change was a national matter that demanded collective readiness...

OGRA Pushes for Digital Transition Oil and Gas Regulatory Authority (OGRA) has made a directive in which all the parties licensed by it are bound to implement digital payment solutions. The relocation is in tandem with the government’s broader initiative to make the economy cashless and modernize financial operations within key sectors. Entities Required to...

Good Six-Month Financial Results The interim condensed financial statements for the half-year ended June 30, 2025, have been approved by the Board of Directors of the National Bank of Pakistan (NBP). NBP achieved a spectacular performance, with total earnings increasing to PKR 157.1 billion, a 58.4 percent rise from PKR 99.2 billion in H1 2024....

CDA Pushes for Cashless Economy A significant move towards the redesigning of Islamabad into a fully digital city has received the approval of the Capital Development Authority (CDA). During a meeting conducted by the CDA Member Administration and Estate, led by Talat Mehmood, QR codes were resolved to be introduced as compulsory for all payments...

Senate Committee’s Directive Senate Standing Committee on Finance and Revenue has proposed changes in the law that should cease the power of regulatory authorities to increase the salaries and perks of staff members through its policy boards. This order was given in a conference held by Senator Saleem Mandviwalla at the Parliament House. The committee...

PM Highlights Climate Vulnerability The urgent need to construct new water reservoirs, as one of the fundamental ways to combat recurrent floods and the threats of climate change, has been emphasized by Prime Minister Muhammad Shehbaz Sharif. During a visit to the flood-prone Narowal region, the premier emphasized that Pakistan, as one of the top...

A Landmark Step for Pakistan’s Digital Future In a significant move towards digital transformation in Pakistan, the National Highway Authority (NHA) and Pakistan Railways have waived Right of Way (ROW) fees for the installation and development of IT and other related infrastructure, including fiberization. The move aligns with Prime Minister Shehbaz Sharif’s instructions, who has...

ECC Approves Closure Plan To enable the closure of the Utility Stores Corporation (USC), the Economic Coordination Committee (ECC) of the Cabinet, under the chairmanship of the Finance Minister Senator Muhammad Aurangzeb, authorized a technical supplementary grant of 30.216 billion, to support the closure. The ruling is just one step toward calibrating the financial liability...

Comprehensive Emergency Services Plan A detailed plan to revamp and develop emergency services in Islamabad has been granted by the Capital Development Authority (CDA). It was decided at the 15th meeting of the CDA Board, indicating the government’s interest in enhancing disaster response and ensuring the safety of people in the capital. Establishment of Emergency...