understanding pakistan’s agricultural crisis farmers protest, policy failures, and economic impacts

Understanding Pakistan’s Agricultural Crisis: Farmers Protest, Policy Failures, and Economic Impacts

Recent protests by farmers in Pakistan have brought attention to the agricultural crisis, impacting the country’s economy and workforce. Triggered by policy changes and market conditions, the unrest stems from issues such as slashed procurement targets and low market prices for wheat. Government responses and accusations of corruption further complicate the situation. The crisis has…

Read More
declining petroleum prices forecasted what it means for consumersImage credit: Aaliyan Abbas

Declining Petroleum Prices Forecasted: What It Means for Consumers

Starting May 16, petroleum product prices are expected to decrease further, providing relief to consumers. Petrol prices are anticipated to drop by Rs 12 per litre, aligning with a global trend of falling gasoline prices. Globally, gasoline prices have seen a decline of 6.32 dollars per barrel, reaching around $99.93 per barrel. Similarly, diesel prices…

Read More
punjab finance minister pushes for economic documentation and tax reforms

Punjab Finance Minister Pushes for Economic Documentation and Tax Reforms

Punjab’s Finance Minister, Mujtaba Shujaur Rehman, highlights the pressing need to document the economy. He states that the provincial government will make changes to the Punjab Sales Tax Act to make its revenue authority more effective. Additionally, the government plans to update tax rates set by the Board of Revenue, which have remained unchanged for…

Read More
pakistan's plans to regulate cryptocurrency discussed by science and technology minister

Pakistan’s Plans to Regulate Cryptocurrency Discussed by Science and Technology Minister

Minister for Science and Technology, Shibli Faraz, revealed the Pakistan Tehreek-e-Insaf (PTI) government’s aim to regulate cryptocurrency within Pakistan. He shared this during the inaugural Pakistan Blockchain Summit 2022 in Islamabad. Faraz highlighted that the State Bank of Pakistan, Securities and Exchange Commission, and Finance Division are actively collaborating on this initiative, as per Radio…

Read More
prioritizing workers pm shehbaz sharif's call to action

Prioritizing Workers: PM Shehbaz Sharif’s Call to Action

Prime Minister Shehbaz Sharif stressed the importance of workers in the economy, urging the wealthy and business leaders to prioritize their well-being. Speaking on International Labour Day, he acknowledged Pakistan’s economic challenges but assured collective efforts to improve conditions. Highlighting efforts to combat corruption and foster economic growth, he emphasized the need for fairness and…

Read More