Tarbela scheme part of wider plan to revive housing sectors, but IHC dissolution order clouds CDA’s mandate.
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SBP Tightens Oversight as Banks Face Fiscal Headwinds
Record debt, shrinking revenues, and industry rate‑cut demands spur central bank to reinforce resilience in financial sector.
Read More »Nullah Leh Overhaul Fast-Tracked After Deadly Monsoon
RDA plans drain widening, CDA targets illegal structures over stormwater channels Rawalpindi – The Rawalpindi administration sprang into action on Monday as unprecedented monsoon rains swelled Nullah Leh to dangerous levels, inundating low-lying neighborhoods and triggering emergency measures. At Gawalmandi and Kattarian bridges, water surged to 22 feet, flooding areas like …
Read More »Climate Shocks Push Pakistan Towards Green Finance
By pivoting towards climate finance, Islamabad hopes to tap into the World Bank’s Country Partnership Framework (CPF), which has set aside nearly $20 billion for inclusive growth projects.
Read More »IMF Pressure: Pakistan Sells Non-Functional Power Plants to Itself
With no global interest, Pakistan reassigns non-performing power plants internally
Read More »Climate Shocks Push Pakistan Towards Green Finance
By pivoting towards climate finance, Islamabad hopes to tap into the World Bank’s Country Partnership Framework (CPF), which has set aside nearly $20 billion for inclusive growth projects.
Read More »Foreign Firms Walk Out as Pakistan Economy Staggers
From tech to energy, global brands are folding up amid rising costs, currency woes, and regulatory chaos ISLAMABAD — The quiet closure of Microsoft’s Islamabad office after a 25-year run has sent ripples across Pakistan’s struggling economy, symbolizing a broader trend of multinationals folding up operations and walking out of …
Read More »WAPDA’s Reform Drive Falters under Cloud of Secrecy
Amid a leadership crisis and lack of clarity on timeline and spending, the $4.07 million World Bank-funded reform struggles to take off Islamabad — A dense fog of secrecy surrounds the World Bank’s $4.07 million Institutional Assessment & Reforms Consultancy (IARC), a project launched in December 2024 to revamp Pakistan’s …
Read More »Chasing Rollovers: Pakistan’s $23 Billion Repayment Challenge in FY2025-26
With $11bn due to lenders and $12bn parked as foreign deposits, Islamabad races against time to manage repayments and avoid default. RNN Report Islamabad — Pakistan is bracing for another financially turbulent year, with over $23 billion in external debt repayments due in the fiscal year 2025-26. The daunting figure …
Read More »Neelum-Jhelum Project Faces Judicial Scrutiny Over Cost Overruns and Corruption
Commission given August 20 deadline to probe tunnel collapse, $74 million in kickbacks, and Rs167 billion burden on power consumers amid investor pullout Islamabad, July 11, 2025 — Prime Minister Shehbaz Sharif has rolled out a high-level judicial commission, led by retired Justice Tariq Abbasi, to dig into the delays, …
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