Prime Minister Shehbaz Sharif on Friday announced a Rs 4.4 reduction in the per unit rate of electricity for the industrial sector in a bid to improve productivity and exports. The premier stated this during an address to the country’s major exporters and business figures at a ceremony in Islamabad, which was held to honour […]
Shehbaz Sharif
PM Shehbaz announces Rs4.4/unit cut in industrial electricity, export tax relief
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday announced a reduction of Rs4.40 per unit in electricity tariffs for the industrial sector and an Rs9 cut in wheeling charges, aiming to provide relief to businesses and boost export-led growth. Read More: PM unveils subsidised power package for industries, farmers The premier made the announcement during a ceremony held in […]
National Assembly’s Standing Committee urges govt to stabilise potato market amid crop crisis
ISLAMABAD: The National Assembly’s Standing Committee on National Food Security and Research on Thursday called on Prime Minister Shehbaz Sharif to intervene in the ongoing potato crop crisis and take measures to stabilise prices. Read More: NA committees present reports for first half of 2025 The committee, chaired by Syed Tariq Hussain, unanimously recommended sending a letter […]
PIA officially handed to Arif Habib consortium under privatisation deal
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday said the “glory days” of Pakistan International Airlines (PIA) would return under new management, as the government formally signed transaction documents for the airline’s privatisation. Read More: Arif Habib consortium acquires stake in PIA privatization “PIA will reach new heights under the leadership of the Arif Habib Consortium. The airline […]
Pakistan steps in to defuse ME crisis as PM speaks to Pezeshkian
As threats of a potential United States attack on Iran loom large, Pakistan on Thursday stepped in to defuse the crisis as Prime Minister Shehbaz Sharif spoke to the Iranian president while Islamabad was also in touch with Washington. Within hours of a telephonic conversation between Deputy PM and Foreign Minister Ishaq Dar and his […]
GSP+ in spotlight as PM assures EU of cooperation
Prime Minister Shehbaz Sharif said on Thursday that Pakistan was committed to working closely with the European Union (EU) on mutually beneficial trade enhancement initiatives, especially through the Generalised Scheme of Preferences Plus (GSP+) preferential trade scheme. The EU’s GSP+ offers developing countries preferential access to European markets in return for commitments on sustainable development […]
PIA’s privatisation process concludes with signing of transaction documents
Prime Minister Shehbaz Sharif congratulated the nation on Monday on the completion of Pakistan International Airlines’ (PIA) privatisation as he, alongside Chief of Defence Forces and Army Staff Field Marshal Asim Munir, witnessed the signing of documents pertaining to the transaction. The documents were signed by the government and a consortium led by Arif Habib […]
GSP+ Talks
Prime Minister Shehbaz Sharif’s remarks that Pakistan is “committed to working closely with the EU on mutually beneficial trade initiatives, especially through the GSP+” may sound reassuring. But reality bites hard. In the same week Islamabad made these vows, Brussels inked an EU-India FTA that gives New Delhi phased zero-duty access across textile and apparel […]
Pakistan strengthens trade ties with EU
ISLAMABAD: Prime Minister Shehbaz Sharif on Thursday reaffirmed Pakistan’s commitment to working closely with the European Union. He highlighted the importance of the GSP+ trade status in boosting exports. The prime minister emphasized mutually beneficial initiatives to enhance trade and investment with the EU. During the meeting, PM Shehbaz welcomed EU Ambassador Raimundas Karoblis and […]
Shehbaz meets Gates Foundation to fight polio
Prime Minister Shehbaz Sharif met a Gates Foundation delegation on Wednesday to discuss polio eradication efforts in Pakistan. The meeting focused on collaboration and ongoing strategies to eliminate the disease. Both sides emphasized the need for continued support and joint action. Shehbaz Sharif said Pakistan will continue efforts until polio is completely eradicated. He praised […]