Monitoring Report

Tech

Amazon says the investment will create at least 500 jobs, including positions for data center engineers and network specialists

Headlines

KPMG to develop a Circular Debt Management Plan that will also be acceptable to the International Monetary Fund

Headlines

Govt to cut duties on raw materials, intermediate and capital goods, aiming to reduce the average tariff from 19% to 9.5% in five years

Headlines

Provincial government plans to cut electricity costs by up to 40% through forgoing profits and savings from Quaid-e-Azam Thermal Power and Punjab Thermal Power Limited

Headlines

Fund seeks commitment from provinces on expenditure control amid development plan expansions 

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New policy replaces net metering with net billing, shifting from quarterly credit billing to monthly cash payments for excess electricity

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Provinces seek higher share in fiscal distribution, raise concerns over agriculture income tax with IMF

Headlines

Absence of active banking ties with Iran and Afghanistan complicates trade; State Bank proposes operationalising barter trade agreements with both nations as a more secure alternative

Headlines

Consumers to bear an additional surcharge of Rs 0.54/kWh due to the loss of over 1700 MW of cheap electricity