End of Sui Gas Monopoly in Pakistan

End of Sui Gas Monopoly in Pakistan

The government of Pakistan has ended the monopoly of Sui gas companies on gas sales. The Petroleum Division has introduced a new framework that allows private sector companies to purchase gas from Exploration and Production (E&P) companies. This policy is expected to bring significant changes to the country’s gas sector. Key Features of the New…

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Pakistan IT Exports Reach Record $348M in December 2024

Pakistan IT Exports Reach Record $348M in December 2024

In December 2024, Pakistan’s IT sector achieved a historic milestone, recording its highest-ever monthly exports of $348 million. Despite facing significant challenges like internet disruptions and low connectivity, the sector showed remarkable resilience, marking a 15% year-on-year growth. This achievement highlights the strength and potential of Pakistan IT industry, led by dedicated firms and freelancers….

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The Economic Impact of Pakistan Internet Shutdowns

The Economic Impact of Pakistan Internet Shutdowns

In 2024, Pakistan faced severe financial losses due to frequent internet shutdowns and social media restrictions. The country reported the highest global financial losses from these disruptions, amounting to $1.62 billion. Given Pakistan’s already fragile economy, these losses are significant. Causes of Internet Shutdowns Internet shutdowns in Pakistan started in 2022 after Prime Minister Imran…

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