Pakistan’s improved macroeconomic conditions have contributed to an uptick in growth in fiscal year 2025, underpinned by increased investment driven by continued policy reforms and economic stability, the Asian Development Bank (ADB) said in a report today. According to the Asian Development Outlook (ADO) September 2025, the ADB’s annual flagship economic publication, Pakistan’s growth is proje
An International Monetary Fund (IMF) mission led by Iva Petrova held a formal kick-off meeting with Pakistan’s economic team, headed by Finance Minister Muhammad Aurangzeb, to review the implementation of the $7bn Extended Financing Facility (EFF) and the $1.1bn Resilience & Sustainability Facility (RSF). The programme’s performance as of end-June 2025 — the period under review — has been mi
The Power Division has dismissed concerns raised by the All Pakistan Textile Mills Association (Aptma) regarding the government’s power generation planning, particularly the Indicative Generation Capacity Expansion Plan (IGCEP) 2025-35. In its comments sent to the National Electric Power Regulatory Authority (Nepra), the Power Division rejected Aptma’s criticism, describing it as flawed and
After several months, a fuel cost adjustment will add Rs2 per unit to the burden of power consumers across the country, including Karachi, in October, despite more than 76 per cent power generation coming from cheaper domestic sources. Testifying before a public hearing, Rehan Akhtar, chief executive officer (CEO) of the Central Power Purchasing Agency (CPPA) — a government subsidiary — said th
The federal government has launched a cost-sharing, interest-free loan scheme for electric bikes, rickshaws, and loaders to promote energy efficiency and green technologies in the automotive sector. According to a circular issued by the State Bank of Pakistan (SBP) on Monday, the scheme titled Cost Sharing Scheme for Electric Bikes and Rickshaws or Loaders will provide interest-free loans to en