Pakistan Government Cancels Costly IPP Contracts, Saving Rs. 3.6 Trillion
The Pakistani government cancels and renegotiates long-standing independent power producer (IPP) contracts worth Rs. 3.6 trillion, ending excessive capacity payments and inefficiencies in the power sector, providing significant relief to consumers and the industrial sector.
ADB Maintains Pakistan’s FY26 Growth Forecast at 3pc Amid Regional Trade Slowdown
ADB projects Pakistan’s economy to grow by 3% in FY26, maintaining its forecast despite regional trade pressures, while revising FY25 growth to 2.7% amid stronger industrial and services sector performance.