August 14, 2026
The day opened with a 31-gun salute in Islamabad and 21-gun salutes in the provincial capitals. The president accused the Afghan Taliban of hosting a "cocktail of terror groups"; the prime minister invited all parties to work together.
August 1, 2026
Prime Minister Shehbaz Sharif has set up a high-level committee to review the World Bank's report on fiscal federalism, telling a visiting delegation that provincial autonomy and federation-province consultation are of fundamental importance. He said the government is vigorously pursuing its reforms agenda.
An undated image of the World Bank building. — Reuters FinMin meets World Bank Director for Pakistan. The World Bank recognizes Pakistan’s progress towards stability. Both sides agree that targeted sectoral reforms could boost exports. ISLAMABAD: The World Bank (WB) has urged Pakistan to take a results-oriented approach in seeking a multi-billion dollar loan in the medium to long term to address its financially draining power sector. The News reported on Friday. There is a long wish list for the energy sector, including the power and gas sectors, but the World Bank has notified the government that it will assess
Enhances transparency, ease of doing business as the country ranks 6th among 50 economies in the World Bank’s 2024 Business Entry Index Motivation. design: Ibrahim Yahya Islamabad: Pakistan has taken bold steps forward in modernizing its regulatory landscape, delivering significant improvements in anti-money laundering safeguards, corporate transparency and ease of doing business, initiatives that have positioned the country as a more competitive and compliant player on the global stage. At the center of these achievements is the Securities and Exchange Commission of Pakistan (SECP), which was awarded the title of national ‘Champion of Reforms’ by the Prime Minister in December
Islamabad: Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has called for urgent reforms in the fisheries sector, saying reliable energy supply and lower input costs are critical to boosting exports and generating sustainable revenue. Addressing a meeting, the minister said persistent power shortages and high energy prices are limiting production and eroding the global competitiveness of Pakistan’s seafood exporters. The remarks came after Assistant Commissioner Fisheries Farhan Khan briefed the participants on the structural gaps and operational challenges faced by the sector. The minister said uninterrupted power supply, affordable animal feed and efficient power generation are essential to
Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at the 2025 IMF/World Bank Annual Spring Meetings in Washington, DC, US, April 25, 2025. Photo: Reuters/ File Islamabad: Federal Finance Minister and Senator Muhammad Aurangzeb has said that Pakistan is no longer seeking aid-based support and is moving decisively towards trade and investment-led engagement to ensure long-term economic sustainability and mutually beneficial partnerships, especially with the Gulf Cooperation Council (GCC) countries. In an interview with CNN Business Arabia, he said this strategic direction, clearly articulated by the prime minister, reflects renewed economic confidence and momentum for reforms. He noted
The logo of the International Monetary Fund (IMF) is seen outside its headquarters building in Washington, U.S. on September 4, 2018. — Reuters The MEFP measures part of a gradual reform agenda: Ministry The EDF is designed to support medium-term structural reforms. The actions in the MEFP are derived from forms already undertaken by the government. The finance ministry on Sunday ruled out imposing any new conditions under the International Monetary Fund’s (EFF) loan programme, saying the lender’s structural benchmarks were in line with its own reform programme. “The measures outlined in the latest Memorandum of Economic and Financial Policies
Islamabad: Federal Minister of Power Awais Ahmed Leghari on Monday met US Ambassador to Pakistan Natalie Baker to discuss ongoing reforms, future cooperation and investment opportunities in Pakistan’s energy sector. During the meeting, the minister sought the ambassador’s support to engage US-based multilateral development partners and international financial institutions, including the IMF and the World Bank, to help remove obstacles to the sustainable development of Pakistan’s power sector. He said that the assistance of development partners is necessary to implement structural reforms and improve the performance of the sector. Leghari briefed Baker on the recently launched Surplus Power package and
Prime Minister Shehbaz Sharif chairs a meeting on the briefing by the task force on the export sector on November 24, 2025. — PID Government decides to withdraw 0.25% EDS with immediate effect. The policy changes are expected to provide immediate relief to exporters. ECNEC approves development projects worth Rs 507 billion. Islamabad: The federal government has introduced several important policy measures aimed at stimulating the economy, supporting exporters and providing relief to citizens, The News reported on Tuesday. The initiatives cover energy prices, export reforms, development spending and oversight of state-owned enterprises. From withdrawing the long-standing Export Development Surcharge
The stabilization measures implemented from the end of 2024 have clearly produced results, although the costs have been significant Governments traditionally have a narrow window – usually their first two years in office – to implement bold and transformative reforms. photo: file KARACHI: Pakistan’s economic trajectory at the end of 2025 is defined by a strict but meaningful framework of discipline imposed by the IMF. Following the approval of the Expanded Fund Facility (EFF) of $7 billion in September 2024, the country has embarked on a 37-month stabilization journey that has begun to reshape the fundamental contours of the national
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October 26, 2026
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