Business

SWAT — The emerald valleys of Upper Swat are experiencing a significant boost in tourism as thousands visit its stunning landmarks. This surge is transforming the region into a vibrant hub for recreation and revitalizing the local economy. Top Destinations Driving Tourism Key destinations such as Kalam, Bahrain, Madain, Mahudhand Lake, Osho Valley, Jazz Banda, and Malam Jabba are crucial in driving this tourism boom. Economic Benefits for Local Communities The influx of tourists is rejuvenating local communities by creating numerous job opportunities and enhancing local businesses. This trend encourages cultural exchange and provides essential economic support to residents, fostering development and hope. Efforts Towards Sustainable Management Local authorities and stakeholders are working together to manage this growth sustainably. Their focus is on preserving the region’s natural beauty and cultural heritage while accommodating the growing number of tourists. This tourism wave has turned Upper Swat into a symbol of hope, underlining the positive effects of sustainable travel on regional prosperity.

ISLAMABAD — Trade bodies and business leaders across Pakistan have praised the Federal Budget 2026-27. They describe it as both business-friendly and a growth-driven fiscal roadmap. The budget introduces measures designed to boost economic activity, encourage investment, and support sustainable development. Support for Economic Sectors The business community appreciates the government’s balanced budget, addressing various sector needs. It offers a clear blueprint for economic growth and creates a supportive environment for businesses to prosper. Encouraging Economic Growth Trade leaders express positive sentiments regarding the fiscal planning for the upcoming year. They see the budget as a vital step in enhancing the country’s economic landscape. This initiative is well-received and is expected to facilitate economic growth and development.

Larkana’s Sugarcane Juice Delight LARKANA — On the bustling Sheikh Zayed Children Hospital Road, a local vendor captures attention by freshly preparing sugarcane juice. The refreshing aroma entices passersby, enhancing the area’s diverse street food offerings. Importance of Street Vendors in Larkana This road is a pivotal part of Larkana, attracting both locals and tourists. Roadside vendors, like the sugarcane juice sellers, are crucial in providing quick refreshments. Interest in these cool drinks peaks during the warmer months. Impact on Economy and Culture The lively presence of street vendors spotlights Larkana’s dynamic food culture. These vendors significantly boost the local economy and contribute to the city’s vibrant social atmosphere. Their role is pivotal to maintaining Larkana’s cultural identity.

Senator Muhammad Abdul Qadir, Chairman of the Senate Standing Committee on Defence Production, has praised the federal government’s balanced, growth-focused budget for 2026–27. He described it as realistic, emphasizing economic stability and alignment with national development goals. Focus on Economic Stability and National Growth Senator Qadir underscored the budget’s objectives as vital for fostering economic stability and advancing the growth agenda. He stressed broad public relief to ensure economic benefits reach various societal segments. Overcoming Challenges with Effective Policies The senator recognized significant challenges faced during budget formulation. He highlighted the necessity of policies that stabilize the economy while enhancing citizens’ quality of life.

ISLAMABAD — Federal Parliamentary Secretary for Information and Broadcasting, Barrister Danyal Chaudhry, commended the 2026-27 federal budget on Saturday, calling it balanced and people-friendly. Promoting Economic Stability Chaudhry emphasized the budget’s role in ensuring economic stability. He underlined the government’s dedication to meeting public needs while upholding fiscal responsibility. Commitment to Public Welfare The budget is crafted to enhance public welfare. It includes initiatives to provide relief across various sectors, fostering a healthy economic environment. Stimulating Economic Growth New measures target the stimulation of economic growth, deemed crucial for establishing a robust economy. Investment incentives Enhanced trade policies Focused financial reforms Nationwide Support The budget has garnered support nationwide. It aligns with national economic goals and aims to elevate living standards, contributing to ongoing economic progress.

ISLAMABAD — Balochistan Finance Minister Mir Shoaib Nosherwani has expressed appreciation for the federal budget allocated for 2026-27. He noted its strong emphasis on achieving economic stability and promoting sustainable development across the region. Investment in Water and Irrigation The finance minister underscored the substantial funding dedicated to critical water and irrigation projects in Balochistan. These efforts illustrate the federal government’s commitment to overcoming the developmental hurdles faced in the province. Enhancing Infrastructure and Public Welfare Nosherwani’s endorsement of the budget reflects a strategic focus on enhancing infrastructure and improving public welfare in Balochistan. The plan aims to boost socio-economic standards by concentrating on key areas of improvement.

Commendation for Business-Friendly Budget ISLAMABAD — The Federal Budget 2026-27 has garnered praise from trade leaders, industrial sectors, political figures, and civil society. Acknowledged for its growth-oriented and business-friendly measures, the budget stands out. These measures are designed to improve economic stability, boost investment, and support developmental priorities, all while tackling fiscal challenges. Enhancing Economic Environment and Job Market Representatives have emphasized the budget’s capacity to foster a positive economic environment. This initiative is anticipated to drive business expansion and generate employment opportunities. Economic sectors have echoed these views, applauding the government’s effective strategy in addressing financial challenges. Promoting Investment and Development The budget encompasses targeted measures to encourage investment and developmental growth. Stakeholders are optimistic that these initiatives will significantly advance the nation’s economic progress. The administration’s fiscal strategy is perceived positively as a progressive move towards achieving long-term economic aspirations.

ISLAMABAD — Federal government employees are set to experience significant improvements in their financial standing. The government has approved a 7 percent salary increase, as announced by Federal Secretary for Finance Imdad Ullah Bosal. This is a key component of the Budget 2026-27. Allowances Enhancements Beyond the salary hike, employees will also see other financial enhancements. These key changes include: A 15 percent rise in daily remuneration allowances (DRA) A 50 percent increase in conveyance allowances These initiatives aim to better align employee compensation with current economic demands. Adhoc Relief Allowances Integration The government plans to incorporate two existing adhoc relief allowances into the basic pay structure. This integration is designed to provide more financial stability for employees. It underscores the government’s commitment to meeting the workforce’s financial needs amid ongoing economic challenges.

HYDERABAD — The Hyderabad SITE Association of Trade and Industry (HSATI) has voiced its concerns about the federal budget 2026-27. A key issue is the lack of provisions for SITE area rehabilitation. While the budget includes some tariff and tax reforms, as well as limited digitalization measures, HSATI believes these offer only partial benefits to the industrial and commercial sectors. Need for Comprehensive Strategies HSATI officials stress the importance of developing a comprehensive strategy to address longstanding issues in SITE areas. These zones significantly contribute to industrial growth and employment opportunities. Stakeholders are dissatisfied with the absence of specific allocations for site restoration and had expected more integrated development plans. Shortcomings in Economic Reforms Despite the government’s emphasis on economic reform through taxation and digitalization, there is a shortfall in meeting the infrastructural needs of these industrial zones. Stakeholders urge the government to reconsider the budget and incorporate targeted measures for SITE area development.

The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has praised the government for presenting a pro-business budget for the fiscal year 2026-27. This budget aims to foster economic growth and enhance business activities. Alignment with Business Needs On Saturday, the FPCCI released a statement highlighting that the budget measures align with the needs of the business community. These initiatives are expected to stimulate economic development and attract significant investment. Positive Economic Impact The FPCCI is optimistic that the government’s initiatives will bring about several positive economic impacts: Increased industrial productivity Job creation across various sectors Overall benefits for the national economy