Pakistan slashes power tariff by Rs1.14 per unit in fuel price adjustment

In this file photo, taken on November 7, 2018, a Pakistani employee of the state-run Islamabad Electric Supply Company (IESCO), takes a meter reading with his smartphone at a commercial building in Islamabad. (AFP/File)
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Updated 07 December 2024
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Pakistan slashes power tariff by Rs1.14 per unit in fuel price adjustment

  • Price reduction will be applied to electricity bills of December 2024, says state-run media 
  • Move likely to bring relief to businesses, citizens reeling from steep increases in electricity tariffs

KARACHI: Pakistan’s National Electric Power Regulatory Authority (NEPRA) has slashed the power tariff by Rs1.14 per unit as a fuel price adjustment measure, state-run media reported on Saturday, with the move likely to further ease inflation in the country. 

The decision is expected to provide relief to businesses and citizens, who have suffered from steep and sudden increases in electricity tariffs following energy sector reforms suggested by the International Monetary Fund (IMF).

According to the Pakistan Bureau of Statistics, electricity charges had increased by 58.8% until May this year.

“According to a statement issued by the Power Division, NEPRA has once again reduced electricity prices by Rs1.14 per unit on account of fuel adjustment,” state broadcaster Radio Pakistan said. 

“The price reduction will be applied to the bills of December.”

The state media said electricity prices would continue to decrease because of the government’s prudent measures.

Meanwhile, Energy Minister Awais Ahmed Khan Leghari said in a statement the government was determined to make electricity more affordable for the people.

Pakistan produces expensive electricity due to a combination of factors including high reliance on imported fossil fuels, inefficient energy mix, substantial transmission and distribution losses and chronic issues like circular debt and regulatory inefficiencies. 

The outdated infrastructure and inadequate power plants further exacerbate costs, while underutilization of domestic resources such as hydropower and coal add to the problem.

Additionally, fluctuations in foreign exchange rates and complex tariff structures contribute to higher electricity prices. High power cost is one of the key factors that lead to spiraling inflation in the country.


Pakistan orders inquiry after PIA Paris flight advert revives 9/11 fears

Updated 7 sec ago
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Pakistan orders inquiry after PIA Paris flight advert revives 9/11 fears

  • On Jan. 10, PIA shared a promotional image featuring a plane that appeared to fly toward Eiffel Tower along with a tagline: ‘Paris, we’re coming today’
  • The design drew comparisons to a 1979 ad by PIA showing its Boeing 747 casting a shadow over Twin Towers in New York, reviving horrors of 9/11 attacks

ISLAMABAD: Pakistan has ordered an inquiry into a celebratory advertisement by the state-run Pakistan International Airlines (PIA) that sparked a controversy last week, with many saying the advert revived fears of 9/11 attacks against the United States.
The Pakistani state carrier resumed its Europe operations with a flight to Paris on Jan. 10, marking the end of a four-year ban imposed by the European Union Aviation Safety Agency (EASA) over flight safety concerns. EASA, United Kingdom and United States authorities suspended permission for PIA to operate in the region in 2020 after Pakistan began investigating the validity of pilots’ licenses, following a deadly plane crash that killed 97 people.
On Jan. 10, PIA shared a promotional image on X featuring a plane that appeared to fly toward the Eiffel Tower along with a tagline, “Paris, we’re coming today.” The design drew instant comparisons online to a 1979 ad by PIA showing its Boeing 747 casting a shadow over the Twin Towers in New York. Many netizens said the chilling image revived horrors of the 9/11 attacks against the US by Al-Qaeda.
In a session of Pakistan’s upper house of parliament on Tuesday, Senator Sherry Rehman drew the House’s attention to the controversial advertisement and said it “cost the national airline its reputation,” with several Western analysts and security experts criticizing the advertisement.
“The cabinet, and the prime minister too, have ordered an inquiry into who conceived this ad,” Pakistan Deputy Prime Minister Ishaq Dar said in televised comments, in response to Rehman’s statement. “This was stupidity, to show the Eiffel Tower.”
Dar even suggested alternative ways to portray the resumption of PIA flights to Paris.
“They could have showed the aircraft above it [Eiffel Tower], and said that ‘We are coming’,” he said. “You could have flipped the front of the plane.”
The loss-making Pakistani airline now operates two weekly flights to Paris, on Fridays and Sundays, however, it remains barred from flying to the UK and the US.
PIA flies to multiple cities inside Pakistan, including the mountainous north, as well as to the Gulf and Southeast Asia. The airline, which employs 7,000 people, has long been accused of being bloated and poorly run — hobbled by unpaid bills, a poor safety record and regulatory issues.
Pakistan’s government has said it is committed to privatizing the debt-ridden airline and has been scrambling to find a buyer. Late last year, a deal fell through after a potential buyer reportedly offered a fraction of the asking price.
Officials hope the opening of European routes, which they expect will be followed by a similar announcement by the UK later this year, will boost PIA’s selling potential.


Pakistan and Bangladesh establish business council in ‘milestone’ agreement

Updated 56 min 28 sec ago
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Pakistan and Bangladesh establish business council in ‘milestone’ agreement

  • FPCCI chief says strengthening trade relations requires cooperation between both business communities
  • Pakistan’s deputy PM is also scheduled to visit Dhaka next month to further consolidate bilateral ties

ISLAMABAD: A landmark agreement to establish a joint business council was signed with Bangladesh on Tuesday, marking a “milestone” in efforts to enhance trade and economic cooperation between between the two states, the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said.
Both countries share a complicated history, having once been a single entity known as East and West Pakistan until Bangladesh gained independence in 1971 following a war of liberation backed by India, Pakistan’s arch-rival.
Relations reached a new low in 2016 when Bangladesh executed several Jamaat-e-Islami leaders for alleged war crimes during the 1971 conflict, a move Pakistan condemned as “politically motivated,” saying the executions targeted individuals with a pro-Pakistan stance during the war.
Ties have warmed in recent months after former Prime Minister Sheikh Hasina was ousted last year following violent student-led protests. Her subsequent flight to India strained Dhaka’s relations with New Delhi, with Dhaka repeatedly demanding her extradition.
“The establishment of the Pakistan-Bangladesh Business Council is a milestone for trade relations between the two countries,” FPCCI President Atif Ikram Sheikh said after signing an agreement to that effect with representatives of the Administrative Federation of the Bangladesh Chamber of Commerce.
During the visit, the FPCCI chief led a Pakistani business delegation that held meetings with their counterparts in Bangladesh to discuss ways to enhance trade ties.
Speaking at a business forum hosted by the Bangladesh Chamber of Commerce and Industry, he also praised Bangladesh as a major economic power in South Asia.
“Strengthening trade relations requires mutual cooperation between the business communities of both nations,” Sheikh said, emphasizing the need to address key issues such as air connectivity, visa facilitation and prioritizing trade partnerships.
“There are vast opportunities for collaboration in agriculture, education, textiles and other sectors. The large populations of both countries should not be seen as a challenge but as an opportunity to drive economic growth,” he added.
Sheikh also reiterated his commitment to keeping the council active and fostering stronger links between the business communities of both nations.
The Trade Corporation of Pakistan also signed a memorandum of understanding for rice export to Bangladesh on Tuesday.
Pakistan’s Deputy Prime Minister Ishaq Dar is also scheduled to visit Dhaka in the beginning of February to further consolidate the relations between the two countries.


Pakistan invites over 100 countries to maritime exercises from Feb. 7

Updated 14 January 2025
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Pakistan invites over 100 countries to maritime exercises from Feb. 7

  • Pakistan Navy has conducted AMAN maritime exercise every two years since 2007 under the theme “Together For Peace”
  • This year’s edition will include the inaugural AMAN Dialogue for senior naval and other leaders from participating nations

ISLAMABAD: Pakistan’s navy said on Tuesday it had invited over 100 countries for the AMAN maritime exercises that are held every two years involving ships, aircraft and special operation forces from Feb. 7-11, with the event including a dialogue for senior naval leaders for the first time. 
The Pakistan Navy has conducted the AMAN (peace) maritime exercise every two years since 2007 under the theme “Together For Peace.” This year’s special feature is the inaugural AMAN Dialogue themed “Secure Seas, Prosperous Future,” with a focus on security challenges in the Indian Ocean including strategic competition, piracy, narco-trafficking, non-state actors, resource exploitation, climate change, emerging technologies like AI and unmanned systems, the blue economy, and the need for global collaboration to ensure stability and prosperity.
“Since its inception, AMAN exercise participation has grown steadily, with the 8th edition in 2023 hosting 50 countries, the largest ever, and this year we are expecting even more, as over 100 countries have been invited to the 9th edition scheduled from February 7-11,” Commodore Ahmed Hussain, Director General Public Relations of Pakistan Navy, said in a written statement shared with reporters at a briefing on Tuesday. 
Hussain said the AMAN Dialogue would bring together chiefs of navies, coast guards and heads of defense forces of participating countries.
“Due to the growing global participation over the years, PN has initiated the AMAN Dialogue as an adjunct to the exercise and its inaugural session will be held in tandem with AMAN-25,” he said, adding that the aim of the dialogue was to provide a “dedicated forum” for senior leaders to discuss regional security and evolving challenges at sea.
“AMAN dialogue will include a summit of chiefs of navy and coast guards, a seminar encompassing academic activities and bilateral meetings between delegations,” he added.
“The main objectives are to promote peace and regional cooperation, enhance interoperability with regional and extra regional navies, thereby acting as a bridge between the regions, displaying united resolve against terrorism and crimes in the maritime domain.”
Other objectives of the dialogue include understanding maritime security issues and challenges confronting the region and their linkages with the economy.
Main activities during the exercise will include a maritime counter-terrorism demo by the Special Service Group (SSG) and Pak Marines, table top discussions on professional topics, and ship visits.
“An International Fleet Review is scheduled for February 11, 2025, alongside sea exercises to address collaborative security threats, with Special Operations Forces, Explosives Ordnance Disposal, and Marines teams participating in developing Tactics, Techniques, and Procedures for multinational responses to asymmetric threats,” the press statement added.


Pakistan polio program says 71 cases reported in 2024

Updated 14 January 2025
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Pakistan polio program says 71 cases reported in 2024

  • Pakistan, along with neighboring Afghanistan, remains the last polio-endemic country in the world
  • Pakistan polio program is scheduled to hold first nationwide vaccination drive of 2025 from Feb. 3

ISLAMABAD: Pakistani health authorities on Tuesday confirmed one more polio case of 2024, which took last year’s nationwide count to 71.
Polio is a paralyzing disease that has no cure. Multiple doses of the oral polio vaccine and completion of the routine vaccination schedule for all children under the age of five is essential to provide children high immunity against this terrible disease.
The regional laboratory for polio eradication at the National Institute of Health in Islamabad confirmed the wild poliovirus type 1 (WPV1) in a male child in the Jacobabad district of the southern Sindh province. The case — the fifth one in Jacobabad last year — was reported on December 27, 2024, according to Pakistan polio program.
“Pakistan has been responding to an intense resurgence of WPV1, with 71 cases reported in 2024,” the polio program said in a statement. “Of these, 27 are from Balochistan, 21 from Khyber Pakhtunkhwa, 21 from Sindh, and one each from Punjab and Islamabad.”
Pakistan, along with neighboring Afghanistan, remains the last polio-endemic country in the world. In the early 1990s, Pakistan reported around 20,000 cases annually but in 2018 the number dropped to eight cases. Six cases were reported in 2023 and only one in 2021.
The Pakistan polio program is scheduled to hold first nationwide vaccination drive of this year from Feb. 3 till Feb. 9.
“It is crucial for parents to ensure vaccination for all their children under the age of five to keep them protected,” it said.


Pakistan PM calls for strategy to equip youth for global job market

Updated 14 January 2025
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Pakistan PM calls for strategy to equip youth for global job market

  • Shehbaz Sharif says Pakistan’s future is linked to the development of the information technology sector
  • Government will soon launch a digital youth hub to provide information on employment to young people

ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday called for a comprehensive strategy to equip Pakistan’s youth with professional skills tailored to international job markets while chairing a meeting on youth employment and skill development in Islamabad.
Estimates suggest that approximately 64 percent of Pakistan’s population is under the age of 30, offering a significant opportunity to drive economic growth through a young workforce contributing to entrepreneurship, innovation and diversification.
However, this youth bulge also poses challenges, including high unemployment rates, limited access to quality education and vocational training and the risk of social unrest due to underutilized potential.
The government, striving to stabilize the economy, has actively sought both domestic and foreign investment while engaging friendly nations, particularly in the Gulf region, to provide employment opportunities for young Pakistanis, especially in the field of information technology.
“It is essential to equip the youth with professional skills to increase employment opportunities,” Sharif was quoted as saying in a statement released by his office after he chaired a meeting of the Prime Minister’s Youth Program.
“Pakistan’s future is linked to the development of the IT sector,” he continued while directing the formation of a strategy aligned with the demands of the markets in friendly countries to provide overseas employment to young Pakistanis.
The prime minister emphasized the government’s focus on promoting the private sector to address domestic unemployment.
“The government is actively working on a policy to promote the private sector and address unemployment in the country,” he said.
He also called for action against fraudulent and unlicensed companies offering overseas employment, noting the need for stricter regulation to protect workers.
During the meeting, Sharif was briefed on the upcoming launch of the Prime Minister Digital Youth Hub, a platform designed to provide information on employment and other services to young people.
He directed the platform be made user-friendly and available not only in English but also in Urdu and other regional languages.