StayTunedBreakingπŸ”
BusinessπŸ“ PAKISTAN

Government Plans New Drive to Empower Women and Microenterprises: Haroon Akhtar

Federal official Haroon Akhtar has stated that the government intends to unlock the economic potential of women and microenterprises through dedicated policy measures and targeted financial inclusion initiatives. The remarks were made at an official event and signal a renewed focus on grassroots economic empowerment as a pillar of national development strategy.

Microenterprises and women-led businesses are widely recognised as underserved segments of Pakistan's economy, with access to credit, formal registration, and market linkages remaining significant barriers. The government's stated intention to address these gaps could, if operationalised effectively, generate meaningful impact at the household and community level.

Haroon Akhtar did not provide a detailed timeline or budgetary allocation for the proposed initiatives in initial reports. Further announcements on implementation frameworks are expected in the coming weeks.

The statement aligns with broader policy commitments under Pakistan's economic reform agenda, which has emphasised financial inclusion and small business development as drivers of inclusive growth.

#Pakistan#WomenEmpowerment#Microenterprises#Economy#StayTunedPK
Sources: APP
Advertisement

Similar Stories

Background and related coverage on this story.

BusinessπŸ“ WASHINGTON / ISLAMABAD

IMF Approves $1.3bn for Pakistan, Warns of Middle East War Risks

The International Monetary Fund's Executive Board has approved $1.3 billion in financing for Pakistan under its ongoing reform programme, providing a critical lifeline to an economy navigating persistent fiscal pressures and an uncertain external environment. The disbursement marks a significant milestone in Pakistan's engagement with the Fund, reflecting continued compliance with agreed benchmarks on fiscal consolidation, monetary tightening, and structural reforms.

BusinessπŸ“ STRAIT OF HORMUZ

CMA CGM vessel attacked in Hormuz as US-Iran war halts shipping

A vessel operated by French shipping giant CMA CGM has been attacked in the Strait of Hormuz as the United States-Iran war triggers a near-total halt in commercial shipping through one of the world's most critical maritime chokepoints. The attack marks a significant escalation in the commercial cost of the conflict, with implications for global supply chains, energy markets, and insurance regimes.

BusinessπŸ“ GLOBAL MARKETS

Brent Oil Surges 7% on Reports of US Military Options Against Iran

Brent crude oil prices surged approximately seven percent on Thursday after reports emerged that the United States is actively considering military options to break a deadlock with Iran, sending shockwaves through global energy markets already on edge from prolonged Middle East conflict. The sharp price movement represents one of the most significant single-session spikes in crude oil in recent memory, reflecting the extreme sensitivity of energy markets to any escalation involving Iran, which sits astride the Strait of Hormuz β€” the world's most critical oil transit chokepoint.

BusinessπŸ“ GLOBAL ENERGY MARKETS

Oil Surges Past $123 on US Military Action Reports Against Iran

Global oil prices surged past $123 per barrel on Thursday following reports that the United States is actively considering military options to break a prolonged diplomatic deadlock with Iran, injecting acute geopolitical risk premium into energy markets and sending shockwaves across commodity, equity, and currency markets worldwide. The reports, which emerged from US media citing officials familiar with internal deliberations, indicated that the Biden-era diplomatic framework has effectively stalled and that the Trump administration is now evaluating a range of kinetic options.