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In a significant move aimed at streamlining state machinery and reducing administrative expenditures, the government has decided to abolish 28 departments within five key ministries. This decision was taken during a meeting chaired by Prime Minister Shehbaz Sharif, following the recommendations of a specially formed committee. Major Reforms Across Key Ministries The ministries affected by these reforms include: Kashmir Affairs …

The National Electric Power Regulatory Authority (Nepra) is set to reduce the power tariff by Rs0.3142 per unit, offering some relief to consumers on their September 2024 electricity bills. This reduction is part of the fuel charges adjustment for July 2024. CPPA’s Petition for Tariff Reduction The Central Power Purchasing Agency (CPPA) has submitted a petition to Nepra, proposing to …

Prime Minister Shehbaz Sharif has recently taken a decisive step in Pakistan’s economic planning by delegating the responsibility of developing a “home-grown economic development plan” to Deputy Prime Minister Ishaq Dar. This move comes after expressing dissatisfaction with the draft prepared by UK economist Stefan Dercon. Formation of Ministerial Committee A notification from the Prime Minister’s Office announced the formation …