Leghari rejects reports of subsidy withdrawal for protected power consumers

Power minister says protected consumers will continue receiving subsidies amid reforms and tariff cuts Minister for Power Sardar Ayaz Leghari addresses a press conference. SCREENGRAB/ File Power Minister Awais Ahmed Khan Leghari on Sunday rejected reports suggesting that electricity subsidies for protected consumers were being withdrawn, describing such claims as inaccurate and misleading. Leghari’s remarks…

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FCC CJ vows equal rights, justice for all

LAHORE: Chief Justice of the Federal Constitutional Court Aminuddin Khan on Saturday vowed to protect the constitutional rights of every Pakistani without discrimination, saying the judiciary remained committed to upholding equality and justice for all citizens. Addressing the Justice A.R. Cornelius Conference organised by the Minority Rights Forum in Lahore, the chief justice described former…

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Circular debt jumps by Rs364b

ISLAMABAD: The government has added another Rs364 billion to the flow of power sector circular debt due to inefficiencies, lower recoveries by distribution companies and payment disputes with K-Electric and despite giving Rs302 billion in subsidies, it could not stop the recurrence of the debt. According to the circular debt report for June 2026, the…

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Remittances ignite debt payoff plea

Business leaders call for predetermined share to be allocated to retire foreign debt LAHORE: A record-breaking year for overseas workers’ remittances has revived calls from business circles in Lahore for a structured mechanism to channel a portion of these inflows toward retiring the country’s external debt, rather than leaving the funds to be absorbed entirely…

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Govt picks exporters’ interest cost

There are apprehensions that some exporters keep part of their proceeds overseas by understating the value of their goods or bringing some as exports of services to avoid income tax, according to sources. photo:file ISLAMABAD: The government on Monday approved a subsidy of Rs98 billion to provide highly cheaper loans to exporters, including 10-year loans…

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