2025

Uncategorized

Shehbaz Sharif Announces Bold Economic Recovery Plan 2025

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Islamabad – August 8, 2025:Prime Minister Shehbaz Sharif unveiled Pakistan’s much-anticipated Economic Recovery Plan 2025 in a televised address today, aiming to steer the nation toward financial stability and sustainable growth. The plan, which comes amid rising inflation and a depreciating rupee, introduces a strategic mix of tax reforms, investment-friendly policies, and digital payment incentives to restore economic confidence and attract both local and international investors. “This plan is a roadmap to rebuild our economy on a solid foundation of fairness, technology, and transparency,” said Shehbaz Sharif during his address. 🔍 Key Highlights of the Economic Recovery Plan 2025 Tax Reform Package: Simplification of tax filing for SMEs Reduction in sales tax for digital businesses Introduction of AI-powered audit systems to curb corruption Export Boosting Measures: Subsidies for textile, agriculture, and IT exports Fast-track loan approvals for export-oriented industries Establishment of new trade offices in the Gulf, China, and Central Asia Digital Economy Promotion: Waiving transaction charges for small-scale digital payments Expansion of Raast digital payment network to rural areas Incentives for fintech startups and online freelancers 📉 Current Challenges Addressed The Prime Minister acknowledged Pakistan’s current economic challenges, including: Soaring inflation (currently above 20%) Low foreign exchange reserves Decline in foreign direct investment (FDI) He assured the nation that this multi-phase plan would gradually stabilize prices, strengthen the rupee, and create over 2 million new jobs by the end of 2026. 🏦 International Response Initial responses from international organizations like the IMF and World Bank have been cautiously optimistic. A spokesperson from the IMF called it a “positive and necessary step,” especially if backed by strong implementation and transparency. 📢 Public and Political Reaction While government allies praised the plan as “visionary,” the opposition questioned its feasibility and criticized the lack of clear funding sources. PTI’s spokesperson Fawad Chaudhry said, “It’s another empty promise unless backed by action and accountability.” 🧮 What’s Next? The government plans to introduce a mini-budget in the National Assembly next week to formalize several aspects of the recovery plan. Talks with the IMF for a fresh loan extension are also expected to resume in the coming days. 📌 Final Thoughts The Shehbaz Sharif Economic Recovery Plan 2025 could be a turning point for Pakistan’s struggling economy—if executed with sincerity, cross-party cooperation, and effective governance.

Political Parties, Politics

PTI Supporters Arrested in Nationwide Protests Marking Imran Khan’s Two-Year Imprisonment Anniversary

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Islamabad, August 5, 2025 — On the two-year anniversary of Imran Khan’s arrest, more than 200 supporters of PTI were arrested during protests across Pakistan. Demonstrators aimed to highlight what they of­fered as political repression under Prime Minister Shehbaz Sharif’s administration. In Lahore, chaotic clashes unfolded as police used batons and tear gas to disperse the gathering, which had drawn dozens intent on marking the somber anniversary. AP News In Rawalpindi, law enforcement preemptively banned public gatherings—a move that resulted in multiple arrests, including that of senior PTI activist, Rehana Dar (age 73), seen being escorted into a police vehicle. Political observers note that the crackdown underscores growing tensions between Imran Khan’s political base and the ruling PML-N government. Many also link this to diminished civil liberties amid ongoing political polarization. The Times of India

Flooded street in a city after heavy rainfall
Uncategorized

Monsoon Rains Cause Flooding in Karachi, Disrupting Daily Life

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Karachi, August 4, 2025 — Heavy monsoon rains have inundated several parts of Karachi, leading to flooding, traffic disruptions, and prolonged power outages in multiple areas. The downpour, which began late Sunday night, continued through Monday morning, overwhelming the city’s drainage system. The Pakistan Meteorological Department (PMD) recorded more than 90mm of rain in certain districts within 12 hours. Major roads, including Shahrah-e-Faisal and University Road, were submerged, forcing motorists to abandon vehicles in knee-deep water. 🚧 Areas Worst Affected: The Karachi Electric spokesperson confirmed that over 600 feeders were shut down as a safety measure, leaving thousands without electricity. Meanwhile, the Sindh Provincial Disaster Management Authority (PDMA) has issued an advisory for citizens to remain indoors unless absolutely necessary. 🗣️ “Our teams are working to clear roads and restore power, but continuous rain is slowing progress,” said Karachi Administrator Farhan Ahmed. The PMD warns that more rain is expected in the next 48 hours, raising concerns of urban flooding in low-lying areas.

Economy, Pakistan

Petrol Prices Increased by Rs. 5.25 in Pakistan | New Rates Effective August 3

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Islamabad, August 3, 2025 — The Government of Pakistan has announced a petrol price increase of Rs. 5.25 per litre, bringing the new price to Rs. 305.12/litre, effective from midnight tonight. This price hike follows a recommendation from the Oil and Gas Regulatory Authority (OGRA) due to international market fluctuations and adjustments in the exchange rate. 🔺 New Fuel Prices (Effective August 3): Petrol: Rs. 305.12 (↑ Rs. 5.25) High-Speed Diesel (HSD): Rs. 312.87 (↑ Rs. 4.80) Kerosene Oil: Rs. 212.44 (↑ Rs. 3.10) According to the Ministry of Finance, this adjustment was necessary to avoid subsidies and maintain fiscal stability, especially amid increasing global oil prices. 🗣️ “We understand the burden on citizens, but the government cannot afford to continue subsidies that disrupt the national budget,” said a spokesperson for the Petroleum Division. The recent increase has sparked criticism from opposition parties and civil society, especially as it affects transportation costs and overall inflation.

Economy, Government

Government Approves 10% Salary Increase for Federal Employees in Pakistan

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Islamabad, August 2, 2025 — In a much-awaited relief measure, the Government of Pakistan has officially approved a 10% salary increase for all federal employees, effective immediately. This decision, announced after a federal cabinet meeting held on Friday, comes in response to ongoing inflation and the rising cost of living. The increase will apply to all BPS-1 to BPS-22 employees, including both civilian and armed forces personnel. 📈 The move is expected to benefit over 1.2 million government employees, and is being hailed as a step toward financial stability for the working class. Finance Minister Ahsan Shaukat stated: “The government recognizes the economic pressure on citizens. This raise is part of our broader strategy to support salaried individuals during tough times.” Analysts believe that this revision will boost morale and spending, positively impacting the economy. However, they also urge the government to monitor inflation to ensure the raise maintains real value over time. This raise will be reflected in the August payroll.

Startups, Technology

Pakistan Launches First-Ever AI-Powered Traffic Management System in Lahore

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Lahore, August 2, 2025 — In a groundbreaking move towards modern urban infrastructure, Pakistan has launched its first-ever AI-powered traffic management system in Lahore. This initiative is expected to significantly reduce traffic congestion and improve road safety across the city. The system, developed in collaboration with international AI firms, uses real-time data from CCTV cameras, vehicle sensors, and satellite feeds to dynamically manage traffic lights and reroute vehicles. This intelligent system aims to minimize waiting times, reduce fuel consumption, and lower CO₂ emissions. Officials say that this is just the beginning. Similar systems are expected to roll out in Karachi, Islamabad, and Faisalabad by the end of this year. 🚦 “With AI traffic management, Lahore is taking a major leap into the future of smart cities,” said Punjab’s Chief Minister during the launch ceremony. This project has already been praised by urban development experts and citizens alike, as it shows a strong commitment to using technology for public good.

Pakistan

Lahore Launches “Clean Air Campaign” Amid Rising Pollution Concerns

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Lahore, 1 August 2025 — In a bold move to address the city’s growing air pollution crisis, the Punjab government launched the Clean Air Campaign across major districts of Lahore today. The campaign, spearheaded by the Environmental Protection Department, aims to significantly reduce emissions by targeting brick kilns, industrial pollution, and vehicular smoke. The initiative includes the deployment of air quality monitors, tree plantation drives, public awareness seminars, and strict enforcement of environmental laws. According to Lahore’s Deputy Commissioner, the city has seen a consistent increase in PM2.5 levels over the past two years. “This campaign is not just a reaction, but a roadmap towards a healthier Lahore,” he said. Environmentalists have praised the government’s decision, though some demand long-term planning and regular public engagement. With schools, universities, and local businesses taking part in awareness sessions, the campaign has already created strong community involvement. The campaign will be monitored by weekly air quality index (AQI) reports, which will be made public for transparency.

Middle East, World

UAE, climate change, green energy, investment fund, sustainability, global development

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In a bold move reflecting its global leadership in sustainability, the United Arab Emirates (UAE) has announced the launch of a $5 billion climate investment fund, aimed at accelerating green innovation and renewable energy projects in developing countries. Unveiled at the Abu Dhabi Sustainability Forum on August 1, the initiative will support clean energy infrastructure, carbon reduction technologies, and eco-conscious startups. The UAE government emphasized that this fund aligns with its Net Zero 2050 strategy and aims to make tangible contributions toward combating climate change. “We believe in global cooperation to fight climate change, and this fund is our commitment to lead by example,” said Dr. Sultan Al Jaber, UAE’s Minister of Industry and Advanced Technology. According to analysts, the investment will focus on: The announcement received praise from international bodies like the UN Climate Action Group and World Bank, highlighting the UAE’s role as a growing powerhouse in global sustainability. 🔗 Related:UAE Ministry of Climate Change snd Environment

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