AGP Executive Report
Last update: 5 hours agoUS Trade Pressure: The Trump administration, via USTR, has proposed new Section 301 duties of 10% or 12.5% on imports from 60 economies, including Pakistan, over alleged failures to curb forced-labour goods—now headed for a public comment period before any final decision. Budget Consultations: PM Shehbaz met leading industrialists and businessmen to shape the FY27 budget, stressing export-led growth and steps to bring the informal economy into the tax net while offering public relief. Markets: Pakistan Stock Exchange opened mixed, with the KSE-100 down about 375 points amid cautious sentiment. Energy & Industry: OGDCL announced a new oil and gas discovery in Sindh’s Sanghar district (Bobi Deep-1), with initial production estimates of about 2,000 bpd oil and 1.1 mmscfd gas. Power Sector Accountability: Power Minister Leghari ordered disciplinary action against worst-performing DISCO officers over poor handling of consumer complaints via the 118 call centre system. Business Environment: Islamabad and other areas revised market closing times for summer, extending shop hours to 9pm and allowing later timings for some services. Local Development: Sindh cabinet approved major additional funding, including Rs8.825bn for water and drainage schemes and Rs11.198bn for Karachi infrastructure projects.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
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