A major governance reform plan has been proposed for Islamabad, aiming to introduce an elected local government system along with enhanced financial and administrative autonomy for the federal capital. The 138-page report has been submitted to the prime minister for consideration and outlines a structured transformation of how Islamabad will be governed. Moreover, the proposal […]
Pakistan reforms
Pakistan launches 2026 reforms report with 660 changes
The Pakistan Reforms Report 2026 was unveiled in Islamabad, highlighting over 660 institutional reforms implemented in the past year to strengthen transparency, efficiency, and digital governance across federal institutions. The launch ceremony emphasized long-term systemisation over ad hoc decision-making. Federal Minister Dr. Musadik Malik said roughly 35 percent of the reforms focused on digitisation, including […]
PM Shehbaz Sharif pledges swift economic reforms to world bank
Prime Minister Shehbaz Sharif has said that Pakistan is actively pushing forward a comprehensive economic reform agenda aimed at achieving long-term stability and sustainable growth. He shared these views during a meeting with World Bank Group President Ajay Banga in Islamabad, focusing on structural reforms and development priorities. The prime minister welcomed Ajay Banga on […]
Bloomberg Ranks Pakistan Second-Best Emerging Economy Globally
NEW YORK — In a major global recognition, Bloomberg has ranked Pakistan as the world’s second-best emerging economy, highlighting a remarkable turnaround in the country’s financial credibility and investor confidence. According to Bloomberg’s latest analysis, Pakistan’s default risk has declined by an unprecedented 2,200 basis points from June 2024 to September 2025, marking one of […]