The News international, Karachi, Monday, June 28,2028

NATIONAL 5


oA  town including Holy Fam- globulin (RIG).
d | ily Hospital, Benazir Bhutto

RAWALPINDI: Workers busy fa cleaning Nutiah Leh with the help of heavy machinery ahead of ‘pre-monsoon Fains. — Online


Green Pakistan Programme
gets lion’s share of climate
budget allocation

By our correspondent

* reflect Prime Minister Mian

“front                    ‘threats posed

“ emissions but also support

emerging
* Muhammad Shehbaz Sha- by glacial retreat, GLOFs, livelihoods, water security

ISLAMABAD: Pakistan's rifs emphasis on making water stress, heat extremes,
drive to confront escalating Pakistan more climate-re- forest fires and ervironmen-
climate threats received a silient and integrating envi- tal degradation,” Mr Saleem
major boost as the Minis. ronmental sustainability into Shaikhsaid. ~~

try of Climate Change and the country’s development. The senior ministry
Environmental Coordina- priorities.           .       “official remarked that the
tion (MoCC&EC) secured Officials sald the PSDP budget reflected the gov-
Rs2.478 billion under the package Is intended to emment’s growing commit-
Public Sector Development strengthen Pakistan’s pres ment to climate resilience

Programme (PSDP) for
the upcoming fiscal year
(2026-27), with the bulk of
the funding earmarked for
afforestation, green growth
and building resilience
against Noods, droughts
and other climate-induced
disasters,

Beginning July 1, the allo -

cation will finance four key
projects focusing on ecolog-
ical restoration, youth-ori+
ented green skills, urban
resilience and strengthening
institutional capacities to
support the country's cli-
mate action agenda, accord
ing to official documents.
+ The largest share of the
allocation, amounting to
Rs2335bn, has been set aside
for the fees Upscaling of
Green Pakistan Programme,
aimed at expanding forest
cover, conserving biodi-
versity, enhancing carbon
sequestration and restoring
degraded ecosystems,

paredness against mount-
ing risks arising from gla-
cial melting, glacial lake
outburst floods (GLOFs),
water scarcity, deforest-
ation, heatwaves, forest
fires and land degradation,
whose impacts have inten-
“sified in recent years,

The climate ministry's
spokesperson and climate
policy advocacy specialist
Mohammad Saleem Shaikh
said the prime minister had
consistently advocated cli
mate action 23 a national pri-

ority and ensured that envi
ronmental concems were"
.. embedded in development

ing.                        .
“Under Prime Minister

Shehbaz Sharif's leader-
ship, climate resilience has
become a central pillar of
Pakistan's development
strategy. These investments
are aimed at protecting peo-
ple, restoring ecosystems
and ensuring that the coun:

and nature-based solutions
ata time when Pakistan
remained among the coun-
tries most vulnerable to cli-
mate-induced disasters,
*The PSDP allocation
for F¥2026-27 demonstrates
that climate action is no
longer a peripheral issue but
a national development pri-
ority. These investments are
designed to strengthen eco-
systems, create green eco-
nomic opportunities and pro-
tect communities against the
growing impacts of climate
change,” Mr Shaikh said -

stan Programme would
continue to serve as the
country’s flagship ecological
restoration initiative, help-
Ing enhance forest cover,
conserve biodiversity and
unlock opportunities for
carbon financing “Restoring
natural capital is an invest-
ment in Pakistan's future,
Healthy forests and ecosys-

~The allocations also try is better prepared to com tems not only absorb carbon

He said the Green Pald- :

and disaster resilience,” Mr,
Saleem Shaikh noted, “~

According to ministry
documents, three new com:
ponents are being incorpo-
Tated into the Green Pakistan
Programme, including the
establishment of a Wildlife
Rescue Centre and Urban
Forestry Unit in Margalla
Hills National Park, the cre-
ation of a National Botanical
Garden at Bani Gala and the
development of a Pollution
Load Assessment Network
to monitor air and water pol-
Jution in Islamabad,

An allocation of Rs51.6m
has also been made for the
“Green Skills for Sustaina-
ble Development” initiative
aimed at equipping young

_ Motorcycle
assailants kill
father, son in

broad daylight

‘By our correspondent

RAWALPINDI: A father and
his son were shot dead after
unidentified motoreyele-rid-
ing assailants opened fire on
their vehicle in the Chakri
area along Sada Road on
Sunday, police said.

According to police, the
victims were retuming home
in their car when armed men
on motorcycles intercepted
the vehicle and opened
indiscriminate fire, Both
occupants sustained fatal
gunshot wounds and ¢ died at
the scene,    -

Police sources described
the incident as a suspected
targeted Killing, saying the
attackers appeared to have
Specifically targeted the vie-
tans before Meeing the area.
‘The motive behind the attack
could not immediately be]a

peopk with skills needed for ] established.

a low-carbon economy and
promoting green entrepre-
neurship.  .

Shaikh said i investinent in
youth and innovation would
help transform climate
challenges into economic
opportunities, “Green jobs
and green entrepreneurship
represent the future. By
empowering young people
with climate-relevant skills,
Pakistan can simultaneously
tackle unemployment and
build a resilient, sustainable
economy,"hesaid, °


Bold govt reforms deliver strongest,

performance in years

By Jamila Achaizal

ISLAMABAD: The national economy been preserved, providing muchneeded
has posted its strongest showing in retiefto houschokis and businesses alike,
recent years, with real GDP growth -’ Percapitaincome has risen to $1,901,
reaching 2.7 percent in FY2026, marking up nine percent from the previous year,
a clear upward trajectory from 32 per> signalling that the benefits of growth are
cent in FY25, 26 percent in FY24 anda beginning to reach ordinary citizens.
contraction of 0.2 percent in FY23,    Extemal buffers have also strengthened

‘The sustained focus of Prime Min-
ister Shehbaz Sharif's government on
macroeconomic stability, structural
reforms and investor confidence has
produced a broad-based recovery that
is now visibly strengthening across all
major sectors. The country’s econ:
omy has reached a historic milestone,
expanding to $452.1 billion, an 11

- SUNS from the US-Fran conflict affecting  from eight percent in F¥2022. A pri-
energy prices, price stability has largely mary surplus of 32 percent of GDP fur-

considerably, Fore};

against global shocks.

ign exchange
touched $17.2 billion by late May 2026,
a 49 percent increase year-on-year,
‘This has improved the import cover to
2.75 months, up from L77 months last grew strongly, recording $38 billion in
year, enhancing the country’s resilience the first 10 months, with freelancers’

Xe TeSETWS:

ther highlights prudent spending and
revenue efforts,

- Debt-to-GDP ratio has dectined to
anestimated 685 percent in FY26 from
70.7 percent last year and around 75
percent in FY23, improving long-term
debt sustainability. .     :

Remittances from overseas Paki-
stanis reached $339 billion during July-
May, on track to surpass $41 billion for
the full year. and technology exports

earings surging 49 percent to nearly

Sectoral performance underscores $1 bilion The Roshan Digital Account
the breadth of the recovery, Agriculture has accumulated $12.7 billion, reflect-

percent increase year-on-year, mak- grew by 2.89 percent despite flood-re- ing continued trust from the diaspora,

ing it the largest economic size ever
recorded in Pakistan's history.

This expansion reflects robust
momentum built on disciplined fis-
cal tTanagement and targeted policy cent growth, the highest in four years.
interventions,  Inflation,  & persistent Services, the mainstay of the economy,
challenge in previous years, has been grew 4.09 percent, anchoring overall

sector expanded 3.51 percent, driven
by a strong rebound in large-scale
manufacturing which posted 6.1 per-

brought under control Average CPI  expansion.

inflation stood at 67 percent during July: >
May FY26, significantly lower than the out feature. The fiscal deficit was con-
23.4 percent recorded in FY24 and 292 tained at just 0.7 percent of GDP during than 39,000 new companies were regis-  Ei

Fiscal discipline has: been a stand.

lated challenges, while the industrial Private sector confidence ts surg-
ing. Private sector credit expanded by
Rs934 billion in the first nine months,
while agricultural credit rose 15 per-
cent. Private investment grew 12.8 per-
cent, while the equity market witnessed | P}
record participation with over 563,000 | FE}
investors, a 45 percent increase. Eleven 134
IPOs have been listed so far this year,
the highest in two decades, while more

percent in FY23, Despite extemal pres-’ July-March, a dramatic improvement tered, almost all digitally.


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_—                    Advecthement dated: 22 MAY, 2026, having 1Pt 00.5262 Published In daily 1208
1. This Corrigendum is published to notify the following changes:

| Changes In bidding documents/Technical specifications
¢ Extension In bid submission deadiine (02 JULY, 2026 instead of 17 June, 2026)

2. Technical and Financist Separate Bids, duly completed, signed, stamped, and in complete conformity with”
* Tender Document must be Submitted online on E-Pak Acquisition and Disposal System {EPADS) website Le, -
till 1200 hours on O24 JULY, 2026 and bids shall be opened at 2230 hours on the

bites

exdiounlab enrocure.savO%
same date, as per PPRA Rules, 2024,

3. The amended tender document Is avallabte at weeoltb coy ok and Www. opra punlabpov ok,
4, Other terms and conditions given I