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NEPRA has abolished the licence requirement and Rs1,000 per kilowatt fee for small solar net-metering consumers using systems up to 25kW. The decision, effective retrospectively from February 9, restores relief for households and small businesses after strong public and industry criticism.
Pakistan has welcomed a new MoU with Norway that will allow Pakistani seafarers to work on Norwegian-flagged vessels through recognition of training and certification. The agreement is expected to create overseas jobs, improve maritime skills and support remittance growth.
Pakistan and China have signed three MoUs covering Karachi seawater desalination, agricultural technology and tea-sector cooperation during President Asif Ali Zardari’s visit to China. The agreements are expected to strengthen development, trade and technical collaboration between the two countries.
The Pakistan Stock Exchange fell by more than 1,000 points in early trade as investors reacted to geopolitical risks and the SBP’s 100-basis-point policy rate hike. Market sentiment remains cautious amid concerns over inflation, energy prices and borrowing costs.
The ECC has reviewed improving price trends and approved supplementary grants during a meeting chaired by Finance Minister Muhammad Aurangzeb. Officials said stronger monitoring and federal-provincial coordination helped ease inflationary pressure on essential commodities.
The ECC has approved the disposal and export of existing inventory of donkey meat and hides from the Gwadar Donkey Slaughter House. The move is aimed at formalising a regulated export channel while keeping the process subject to official rules and protocols.
The State Bank of Pakistan has raised the policy rate by 100 basis points to 11.5%, effective April 28. The decision comes ahead of an IMF board meeting and reflects renewed concern over inflation, external risks and energy-market volatility.
Soneri Bank’s profit after tax rose nearly 17% to Rs1.34 billion in Q1 2026, supported by stronger non-funded income and a lower tax charge. The bank faced pressure from weaker net mark-up income, higher operating expenses and increased credit provisioning.
Pakistan's major business forums have submitted budget proposals focused on tax reform, export growth, energy pricing and investment revival. The recommendations come as the government prepares the next federal budget amid pressure to support growth while meeting fiscal targets.
The federal government has asked Nepra to remove licence and application fee requirements for solar systems up to 25kW. The move aims to reduce costs for households and small businesses while supporting Pakistan’s shift toward renewable energy.
Pakistan has formally opened six land corridors for goods moving to Iran after maritime disruption and port blockages left thousands of containers stranded. The move is designed to protect trade flows, reduce port congestion and give businesses a temporary alternative to the troubled Hormuz route.
Pakistan’s Power Division has asked Nepra to remove the application fee and licensing requirement for grid-connected solar consumers with systems of up to 25kW. The move could ease costs for households and small businesses and become a key test of how the country manages solar expansion and energy regulation.
