The federal government of Pakistan has announced an ambitious plan to change how petroleum products move across the country. The new strategy aims to shift oil transport from roads to pipelines, a move expected to cut costs, reduce fuel losses, and help consumers. Officials say this shift will also improve safety and reduce smuggling that […]
Pakistan, ADB Sign $730m Deal to Boost Power Grid and Reform SOEs
Pakistan has taken another significant step toward stabilising its economy and modernising critical infrastructure after signing two major financing agreements worth $730 million with the Asian Development Bank. The agreements, signed on Thursday, aim to strengthen the country’s power transmission system and accelerate long-delayed reforms in state-owned enterprises, areas seen as central to Pakistan’s long-term […]