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ECC Approves Rs98 Billion Subsidy to Cut Exporters’ Borrowing Costs

ECC Approves Rs98 Billion Subsidy to Cut Exporters’ Borrowing Costs

The Economic Coordination Committee (ECC) has approved a Rs 98 billion subsidy package to reduce borrowing costs for exporters and stimulate Pakistan’s export sector after overseas shipments declined by 6% in the last fiscal year. Chaired by Finance Minister Muhammad Aurangzeb, the ECC endorsed three major export support initiatives, including an enhanced Export Finance Scheme (E-EFS), a new Long-Term Export...

PML-N Dominates First Phase of AJK Elections, Wins 9 of 13 Mirpur Division Seats

PML-N Dominates First Phase of AJK Elections, Wins 9 of 13 Mirpur Division Seats

The Pakistan Muslim League-Nawaz (PML-N) emerged as the clear winner in the first phase of the Azad Jammu and Kashmir (AJK) general elections, securing nine of the 13 constituencies in Mirpur Division, according to unofficial results released by the AJK Election Commission. Polling in Mirpur Division was held on Monday as part of the first phase of the three-stage election...

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