Cabinet

Rs137 billion annual relief expected for consumers as cabinet approves revised PPI deals Blogging Sole

by
Rs137 billion annual relief expected for consumers as cabinet approves revised PPI deals Blogging Sole

A representative image of a transmission tower, also known as an electricity pylon. — AFP/File Prime Minister Shehbaz is holding a federal cabinet meeting today. The government approves the proposal to reduce capacity costs. The Prime Minister considers the revised agreements a major achievement. The federal cabinet on Tuesday approved revised agreements with 14 independent … Read more

UAE extends duration of $2 billion deposit with Pakistan, PM Shehbaz tells cabinet Blogging Sole

by
UAE extends duration of billion deposit with Pakistan, PM Shehbaz tells cabinet Blogging Sole

Prime Minister Shehbaz Sharif speaks during a cabinet meeting in Islamabad, January 7, 2025. — Screenshot/GeoNews Prime Minister Shehbaz said he had a productive meeting with the UAE President. He affirms that the leader of this Gulf country assured him of his support for progress. The Prime Minister says progress will not be possible until … Read more

Minister rejects reports that cabinet authorized sale of Reko Diq shares to Saudi Arabia Blogging Sole

by
Minister rejects reports that cabinet authorized sale of Reko Diq shares to Saudi Arabia Blogging Sole

An image of the Tethyan Copper Company (TCC) gold and copper mining exploration project site in Reko Diq, Balochistan. -TCC The Minister of Oil rejects media reports on the participation of Reko Diq. The government is having positive discussions with the kingdom in this regard: Malik. “A deal with Saudi Arabia on Reko Diq shares … Read more

Cabinet greenlights ‘settlement agreements’ with eight IPPs to reduce electricity tariffs Blogging Sole

by
Cabinet greenlights ‘settlement agreements’ with eight IPPs to reduce electricity tariffs Blogging Sole

Prime Minister Shehbaz Sharif chairs a federal cabinet meeting in Islamabad in this undated photo. — APPLICATION/File The government claims the move would save the national exchequer Rs238 billion. The Prime Minister said the government was taking all possible measures to reduce electricity tariffs. “A mechanism has been developed to enable the safe evacuation of … Read more