PM Khan thanks Saudi Arabia, China and UAE for financial assistance

Pakistan’s Prime Minister Imran Khan and Saudi Crown Prince Mohammed Bin Salman riding in a carriage during a welcome ceremony in Islamabad on February 18, 2019. (AFP)
Updated 13 June 2019
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PM Khan thanks Saudi Arabia, China and UAE for financial assistance

  • In televised post-budget speech, PM says three friendly countries helped Pakistan in times of economic difficulty
  • KSA has given Pakistan $3 billion in foreign currency support, $3 billion deferred oil payments facility

ISLAMABAD: Prime Minister Imran Khan on Tuesday hailed financial assistance that Pakistan has received from Saudi Arabia, United Arab Emirates (UAE) and China to prop up its stumbling economy and plug its depleted reserves.

In a speech televised late on Tuesday night following the presentation of the budget proposal for the fiscal year to June 2020, Khan said the three friendly countries had stood by Pakistan in times of economic difficulty.

Revenue Minister Hammad Azhar also underlined the importance of the financial aid received from Saudi Arabia, UAE and China while presenting the budget proposal in the National Assembly on Tuesday.

“We borrowed a total of $9.2 billion from China, Kingdom of Saudi Arabia, and the United Arab Emirates,” Azhar said.

Last year, Saudi Arabia gave Pakistan $3 billion in foreign currency support along with a $3 billion facility for deferred payments for oil imports. The prime minister’s adviser on finance, Abdul Hafeez Shaikh, confirmed last month that Saudi Arabia would activate the deferred oil payment facility from July 1, 2019 under which Islamabad will receive $3.2 billion per year for three years.  

Islamabad also received $3 billion in economic assistance from the UAE in December 2018 while all-weather friend China lent $2.2 billion in March this year. Beijing is also investing close to $60 billion in Pakistan under the China Pakistan Economic Corridor (CPEC) of infrastructure and energy projects.


Pakistan plans 3,000 EV charging stations as green mobility push gathers pace

Updated 14 January 2026
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Pakistan plans 3,000 EV charging stations as green mobility push gathers pace

  • Roadmap unveiled by energy efficiency regulator and a private conglomerate amid early-stage EV rollout
  • New EV Policy and related plans aim to install 3,000 EV stations by 2030, including 240 stations in current fiscal year

ISLAMABAD: Pakistan’s energy efficiency regulator and a private conglomerate have unveiled an approved roadmap to establish 3,000 electric vehicle (EV) charging stations across the country, state-run Associated Press of Pakistan (APP) reported on Tuesday.

The announcement comes as Pakistan looks to build out basic EV charging infrastructure, which remains limited and unevenly distributed, largely concentrated in major cities. Despite policy commitments to promote electric mobility as part of climate and energy-efficiency goals, the absence of a nationwide charging network has slowed broader EV adoption.

Pakistan’s EV ecosystem is still at a formative stage, with progress constrained by regulatory approvals, grid connectivity issues and coordination challenges among utilities, regulators and fuel retailers. Expanding charging infrastructure is widely seen as a prerequisite for scaling electric transport for both private and commercial use.

According to APP, the roadmap was presented during a meeting between Malik Group Chief Executive Officer Malik Khuda Baksh and National Energy Efficiency and Conservation Authority Managing Director and Additional Secretary Humayon Khan.

“Baksh ... in a meeting with Khan, unveiled the approved roadmap for establishing 3,000 electric vehicle charging stations across Pakistan,” APP reported. “Khan reaffirmed the authority’s full institutional backing and pledged to expand the initiative to 6,000 EV charging stations nationwide.”

The discussion reviewed hurdles delaying the rollout, including EV charger imports, customs duties, regulatory documentation and inter-agency coordination.

APP said Khan welcomed the proposal and sought recommendations for “internationally compliant EV charger brands,” while asking for a detailed “issue-and-solutions report within three days” to facilitate timely implementation of the national green mobility initiative.

Despite the issuance of 13 licenses by NEECA and the arrival of five EV charging units at designated sites, progress has been slowed by procedural bottlenecks, officials said. These include delays in electricity connections, prolonged installation of separate meters and pending no-objection certificates from power distribution companies and oil marketing firms, which continue to stall operational readiness.

Pakistan’s electric vehicle ecosystem is still in its early stages, with charging infrastructure far behind levels seen in more advanced markets. The government’s New Energy Vehicle Policy and related plans aim to install 3,000 EV charging stations by 2030, including 240 stations planned in the current fiscal year, but actual deployment remains limited and uneven, mostly clustered in major cities and along key urban corridors.

Despite regulatory backing, including the 2024 Electric Vehicles Charging Infrastructure and Battery Swapping Stations framework, progress has been slow. Many proposed stations have yet to become operational due to delays in grid connections and approvals, and public maps of nationwide charging coverage are not yet available.

Private players are beginning to install more chargers, and there are over 20 public EV charging points reported in urban centers, offering both slower AC chargers and faster DC options. However, such infrastructure is still sparse compared with the growing number of electric vehicles and the government’s long-term targets.