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UAE Welcomes Ceasefire Agreement Between Pakistan and Afghanistan – A New Chapter of Hope for the Region

In a major diplomatic breakthrough, the United Arab Emirates has welcomed the ceasefire agreement between Pakistan and Afghanistan, calling it a positive and humanitarian step towards restoring peace and stability in the region. The UAE’s statement reflects its consistent role as a bridge for dialogue, unity, and cooperation among Muslim nations. The Ministry of Foreign Affairs of the UAE praised the mediation efforts of Qatar and Türkiye, acknowledging their contribution in bringing both sides to the table. This gesture underlines the UAE’s belief in collective diplomacy that lasting peace is achieved not through pressure, but through partnership and understanding. UAE officials described the ceasefire as “a humanitarian victory more than a political achievement”, emphasizing that calm along the Pakistan-Afghanistan border will open doors for trade, education, and cross-border cooperation. For Pakistan, this peace offers renewed opportunities for economic growth and border stab...
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How much consumers likely to face per unit hike in basic tariff?

 


Power consumers likely to receive another ‘shock’ as the National Electric Power Regulatory Authority (NEPRA) is set to take up CPPA’s plea seeking a hike of Rs5 per unit in the base tariff

Preparations are underway to impose an additional burden of over Rs 310 billion on electricity consumers.

As per details, the electric power regulator will decide on the Central Power Purchasing Agency (CPPA) plea tomorrow, which is seeking a hike in the base tariff for the FY2024–25.

CPPA has presented seven scenarios for power purchase prices, with an estimated range of Rs 25.03 to Rs 27.11 per unit.

A report by the power division indicated that the circular debt was Rs 2,310 billion as of June 2023, marking an increase of Rs 325 billion over the following seven months up to January 2024.

These developments signal continued financial strain on electricity consumers and highlight ongoing challenges within Pakistan’s power sector.

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