Pakistan

Govt announces salary increase, lowers energy prices

Published by
Staff Reporter

ISLAMABAD: The government announced two measures that will benefit both workers and businesses through salary increases and reduced energy costs.

The Special Assistant to the Prime Minister on Industry and Production, Haroon Akhtar, announced during a press conference that took place in Islamabad.

He explained that the production sector receives positive benefits from the current electricity price reductions. Haroon Akhtar announced that Pakistan will host its first-ever microeconomic exhibition at the Lahore Expo Center from January 24 to 26.

The event will showcase micro, small, and medium enterprises,s which will become the largest exhibition of its type in the country. He showed that the government dedicated its resources toward creating growth in both the production industry and the MSME sector.

“We had to take tough decisions for the economy, but today the results are visible he said. He mentioned that the Pakistani stock market shows strong performance while policy rates have decreased, which indicates economic progress.

Staff Reporter

Recent Posts

Govt proposes new industrial power tariff, seeks IMF approval

ISLAMABAD: The government has proposed a major restructuring of industrial electricity tariffs and shared the…

2 minutes ago

Mehwish Hayat Zombeid BTS Reveals Challenges Behind Horror Film

Pakistani actress Mehwish Hayat has offered an exclusive sneak peek into her upcoming horror-comedy film…

16 minutes ago

Karachi Holiday on June 8 for Abdullah Shah Ghazi Urs

KARACHI: A local holiday has been declared in Karachi on June 8 on the occasion…

28 minutes ago

Latest Irani Riyal rates in Pakistan – June 4, 2026

KARACHI: The Iranian Rial continues to face significant challenges internationally due to sanctions and economic conditions. It…

33 minutes ago

Latest Gold Rate in Pakistan – June 4, 2026

KARACHI: A significant decline has been recorded in the price of gold in bullion markets across…

45 minutes ago

Pakistan’s timely policy may shield it from proposed U.S. additional tariffs

ISLAMABAD (Rizwan Abassi): Pakistan’s recent trade policy has gained significance amid reports that the United…

14 hours ago