AGP Executive Report
Last update: 7 hours agoUS-Iran Peace Push: Pakistan’s mediation is in the spotlight after the US and Iran signed an accord, with PM Shehbaz confirming Pakistan will host the Geneva signing ceremony; Finance Minister Aurangzeb says there could be economic upsides but it’s too early to revise the 2026-27 outlook. Punjab Budget: Punjab is set to unveil a tax-free FY2026-27 budget today, with outlay above Rs5.85tr, big allocations for development, salaries and pensions, and proposed sales tax on services amendments. Karachi Weather: Cloud cover and drizzle have eased heat in Karachi, while Lahore and parts of Punjab are forecast to see rain. Public Safety Shock: Police in Chakwal allegedly mistook an Australian family’s car for robbers and shot a 9-year-old, prompting demands from Australia for a transparent probe. Security in Balochistan: Baloch armed groups claimed attacks on forces and energy infrastructure across Noshki, Panjgur and Gwadar. Economy & Markets: SBP kept the policy rate at 11.5% as inflation pressures persist; Karachi Port hit 2,003 ship calls, its highest in eight years. Tax Enforcement: Lahore’s Punjab Revenue Authority sealed multiple Double Shot branches for alleged under-declared taxable turnover. Power & Business: LESCO announced a scheduled 6-hour-plus outage in parts of Lahore; Select Technologies approved for an IPO to expand AC manufacturing.
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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