August, 2025

• 6 August

  Federal Cabinet Appoints Shoaib Javed Hussain as CEO of SLIC for Second Term

  

  Karachi, August 6, 2025:The Federal Cabinet of Pakistan, acting on the recommendation of the Ministry of Commerce, has appointed Mr. Shoaib Javed Hussain as the Chief Executive Officer (CEO) of the State Life Insurance Corporation of Pakistan (SLIC) for an additional three-year term, effective August 6, 2025. Under Mr. Hussain’s …

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• 6 August

  FPCCI Voices Concern Over Increased Infrastructure Development Cess in Sindh

  

  Karachi – August 6, 2025: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has expressed serious concerns over the recent increase in the Infrastructure Development Cess (IDC) on imports in Sindh, raising the rate from 1.25% to as high as 1.85%. FPCCI President Atif Ikram Sheikh has urged …

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• 6 August

  foodpanda Adds USD 1.2 Billion to Pakistan’s Economy in 2023-24: LUMS Study

  

  Karachi – August 6, 2025: The study highlights how foodpanda is helping many parts of the economy including food, retail, transport, and online services. In just one year, foodpanda generated PKR 75 billion in sales for restaurants, paid PKR 9.76 billion in taxes, and supported over 50,000 riders and many …

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• 5 August

  Govt Appoints Two New Members to Privatisation Commission Board

  

  Islamabad – August 5, 2025: The Government of Pakistan has appointed two distinguished professionals, Mr. Asif Ali Qureshi and Mr. Amir Shehzad, as new members of the Privatisation Commission Board, aiming to bolster the commission’s strategic and operational capabilities as it pushes forward with its privatisation agenda. According to a …

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• 5 August

  Sindh Seed Corporation Board Takes Major Steps for Organizational Revamp

  

  Karachi – August 5, 2025: The Sindh Seed Corporation Board held a key meeting on Monday at the Sindh Secretariat, chaired by Provincial Agriculture Minister Sardar Muhammad Bakhsh Khan Maher, to review organizational performance and chart a path forward for institutional improvement. The high-level meeting was attended by Provincial Ministers …

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• 5 August

  Pakistan Records 9-Year Low Fiscal Deficit of 5.38% in FY25

  

  Karachi, August 5, 2025: Pakistan has recorded a 9-year low fiscal deficit of 5.38% of GDP in FY25, outperforming both the government’s revised estimate and the IMF’s projection of 5.6%. The improvement is primarily driven by a strong 36% year-on-year (YoY) growth in combined tax and non-tax revenues, against an …

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• 5 August

  Pakistan Records 9-Year Low Fiscal Deficit of 5.38% in FY25

  

  August 05, 2025: Pakistan’s fiscal performance in FY25 has surprised positively, as the country posted a 9-year low fiscal deficit of 5.38% of GDP, outperforming both government and IMF estimates of 5.6%. This marks a significant milestone in fiscal consolidation and is largely credited to impressive growth in revenues. The …

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• 4 August

  Federal Minister Azam Nazeer Tarar Shows Support for Kashmiris on Kashmir Siege Day

  

  Islamabad, August 4, 2025: Federal Minister for Law, Justice, and Human Rights, Senator Azam Nazeer Tarar, expressed strong support for the people of Indian Illegally Occupied Jammu and Kashmir (IIOJK) on Kashmir Siege Day. He called August 5, 2019, a dark day when India revoked Articles 370 and 35-A, taking …

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• 4 August

  Amir Muqam Calls August 5 a Black Day in Kashmir’s History

  

  Islamabad, August 4, 2025: Federal Minister for Kashmir Affairs and Gilgit-Baltistan, Engineer Amir Muqam, called August 5, 2019, a black day in the history of Indian Illegally Occupied Jammu and Kashmir (IIOJK). On that day, India revoked Kashmir’s special status and divided the region into two union territories. He said …

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• 4 August

  Deputy Prime Minister Orders Third-Party Evaluation for Gwadar Shipyard Land

  

  Islamabad, August 4, 2025: Deputy Prime Minister and Foreign Minister Senator Mohammad Ishaq Dar has directed a professional third-party evaluation of potential sites for the Gwadar Shipyard land allocation. During a meeting on the project, Dar assured local representatives that the shipyard development will move forward with local consensus. The …

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