Pakistan’s information minister applauds NA standing committee for passing amended media bill

The undated photo shows an outside view of the Pakistan Electronic Media and Regulatory Authority's (PEMRA) building in Islamabad, Pakistan. (Photo courtesy: Ministry of Information/ website)
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Updated 22 July 2023
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Pakistan’s information minister applauds NA standing committee for passing amended media bill

  • PEMRA (Amendment) Bill, 2023, raises financial penalty for deliberately spreading false news from Rs1 million to Rs10 million
  • Media outlets critical of the government object to the development, calls it an attempt to impose restrictions on news channels

ISLAMABAD: Pakistan’s information minister Marriyum Aurangzeb expressed her pleasure on Saturday after the National Assembly Standing Committee on Information and Broadcasting passed the PEMRA (Amendment) Bill, 2023, which she had tabled in parliament the day before.

According to state-owned Radio Pakistan, the bill provides definitions for “fake news,” “disinformation,” and “misinformation,” while also increasing the financial penalty for deliberately spreading false news from Rs1 million to Rs10 million.

It also uses the term “certified news” instead of “news” in the preamble and seeks to broaden the scope of public entertainment, education, and information.

The information minister informed in a Twitter post the PEMRA — Pakistan Electronic Media Regulatory Authority — bill had been in the making for about a year and was finalized after “extensive consultations with all stakeholders.”

“The primary objective of the Bill is to improve the welfare of journalists, and enable a free, responsible and ethical media environment in Pakistan, as practiced in democratic countries around the world,” she continued.

As per the bill, a three-member committee would be granted the authority to shut down a channel instead of the PEMRA chairman. The minister noted that the amendment had addressed a long-standing issue, such as arbitrary and unchecked concentrated powers vested in a single individual.

The bill also mentions the Council of Complaints that would address the problems of delayed payments of journalists’ salaries by their organizations.

The minister promised to hold a news conference to share salient features of the bill with the public.

However, media outlets critical of the ruling coalition objected to the development. ARY News described it to be an attempt to impose restrictions on news channels and their coverage of important events.

The channel’s president, Ammad Yousaf, said no government or bureaucrat could determine the news agenda of any channel.

“The said Bill presented by info minister Maryam Aurangzeb in national assembly is REJECTED,” he added.


Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

Updated 01 January 2026
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Pakistani stocks breach 176,000 points barrier as investors expect further rate cuts

  • Pakistani financial analyst attributes surge to falling inflation, investors expecting further policy rate cuts
  • Pakistan’s finance ministry said Thursday that inflation had slowed to 5.6 percent year-on-year in December 

KARACHI: Pakistani stocks continued their bullish run on Thursday, breaching the 176,000 points barrier for the first time after trading ended, with analysts attributing the surge to investors expecting further cuts in the policy rate. 

The KSE-100 benchmark gained 2,301.17 points at close of business on Thursday, marking an increase of 1.32 percent to settle at 176,355.49 points. 

Pakistan’s central bank cut its key policy rate by 50 basis points to 10.5 percent last ‌month, breaking a four-meeting ‌hold in a move ‌that ⁠surprised ​markets. Pakistan’s consumer price inflation slowed to 5.6 percent year-on-year in December, while prices fell on a monthly basis as per data from the finance ministry. 

“Upbeat data for consumer price index (CPI) inflation at 5.6pc in December 2025 [with] investors expecting a further State Bank of Pakistan rate cuts on falling inflation data,” Ahsan Mehanti, CEO of Arif Habib Commodities Ltd., told Arab News. 

The stock market witnessed a trading volume of 1,402.650 million shares, with a traded value of Rs48.424 billion ($173 million), compared with 957.239 million shares valued at Rs44.231 billion ($158 million) during the previous session.

Topline Securities, a leading brokerage firm in Pakistan, credited the surge to strong buying at the first session.

“This positivity can be accredited to buying by local institutions on the start of the new calendar year,” it said. 

Pakistan’s Finance Adviser Khurram Schehzad highlighted that the bullish trend at the stock market reflected “strong investor confidence.”

“With lower inflation, affordable fuel, stronger reserves, rising digitization and a buoyant capital market, Pakistan’s economic outlook is clearly improving--supporting greater confidence, better investment sentiment and more positive momentum for 2026,” he said on social media platform X.