Close Menu
News Update TimesNews Update Times

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Hoymiles Expands Its Global Footprint into Pakistan Through Harisun Energy as Authorized Tier-1 Distributor

    August 15, 2026

    CBD PUNJAB MARKS 79TH INDEPENDENCE DAY WITH A GRAND MUSICAL SPECTACLE, FIREWORKS AND DIGITAL LANDMARK

    August 15, 2026

    Riyadh Air Inaugurates its First Direct Flights to Pakistan

    August 15, 2026
    Facebook X (Twitter) Instagram
    News Update TimesNews Update Times
    • Home
    • Pakistan

      CBD PUNJAB MARKS 79TH INDEPENDENCE DAY WITH A GRAND MUSICAL SPECTACLE, FIREWORKS AND DIGITAL LANDMARK

      August 15, 2026

      CBD PUNJAB CELEBRATES INDEPENDENCE DAY WITH PATRIOTIC FLAG HOISTING CEREMONY AT Lahore prime Quaid District

      August 14, 2026

      CBD PUNJAB BRINGS TIMES SQUARE-STYLE 3D EXPERIENCE TO LAHORE

      August 12, 2026

      CBD PUNJAB DEMONSTRATES ENGINEERING EXCELLENCE AMID RECORD MONSOON RAINS

      July 29, 2026

      Pakistan’s First Datacenter 24/7

      July 28, 2026
    • Business

      Hoymiles Expands Its Global Footprint into Pakistan Through Harisun Energy as Authorized Tier-1 Distributor

      August 15, 2026

      Riyadh Air Inaugurates its First Direct Flights to Pakistan

      August 15, 2026

      BYD-MMC Launches Freedom Festival; Offer Includes Complimentary 7kW Home Charger & Installation

      August 13, 2026

      PTCL and WWF Join Hands for ‘Plant for Pakistan’ Tree Plantation Drive

      August 13, 2026

      Celebrate Independence Day with TECNO: Get a Free Smartwatch Worth PKR 10,000 & Win a Revoo Y06 Electric Bike

      August 13, 2026
    • Technology

      4 Ways to Smart-Shop with Search

      August 11, 2026

      A new generation of AI Builders shapes Pakistan’s digital future with Google

      August 3, 2026

      Pakistan’s First Datacenter 24/7

      July 28, 2026

      BingX Accelerates Multi-Asset Expansion with Strong Q2 Growth

      July 16, 2026

      Data Vault to provide sovereign AI services to NTC

      July 16, 2026
    • Sports

      BingX Launches Global Community Initiative Following Enzo Fernández’s World Cup Goal

      July 8, 2026

      tapmad Secures Exclusive Digital and Television Rights for the FIFA World Cup in Pakistan

      May 18, 2026

      BingX Names World Champion Enzo Fernández as Global Ambassador Ahead of 2026 FIFA World Cup

      May 13, 2026

      Rising global sport padel finds new home in Lahore

      April 28, 2026

      Dow Hospital Clinches Modern Premier League Season 3 Title

      April 27, 2026
    • Entertainment

      Spotify Introduces a New Label for AI-Generated Artist Identities

      August 13, 2026

      Spotify Invites Fans to “Discover Their Inner Aadeez” with a New In-App Experience Inspired by Atif Aslam’s Subah Aye Na

      August 6, 2026

      MOVEMENT’S BIGGEST DROP YET: “LYARI”, POWERED BY AN ORIGINAL ANTHEM IN LYARI’S OWN VOICES

      August 1, 2026

      Spotify names HAVI as RADAR Pakistan Artist for Q3 2026

      July 31, 2026

      Atif Aslam’s Upcoming Album Subah Aye Na, Releasing Worldwide on 31 July

      July 26, 2026
    • Education

      PSDF, SDA Partner to Boost Skills and Jobs for Hearing-Impaired Youth

      August 14, 2026

      Youth Agency Convention Calls for Greater Youth Influence in Education Policy

      August 12, 2026

      PSDF, FrieslandCampina Join Hands to Develop Climate-Smart Dairy Skills in Punjab

      August 5, 2026

      AKU-IED and Sindh Government Established a Landmark Partnership for Inclusive Education

      July 31, 2026

      LUMS Brings World’s Largest Asian Studies Conference to Pakistan for the First Time

      July 28, 2026
    • Health

      The Aga Khan University launches Manual of Pediatrics to Strengthen Child Health Care in Pakistan

      August 6, 2026

      foodpanda Integrates D.Watson to Deliver Healthcare Essentials in Minutes

      July 28, 2026

      OGDC Expands Access to Community Healthcare in Balochistan

      July 17, 2026

      Policymakers and global health experts urge evidence-informed decisions to strengthen Pakistan’s health system 

      July 13, 2026

      U.S. FDA authorizes 20 ZYN nicotine pouches to be marketed with specific modified risk claim

      July 9, 2026
    • Other
      • World
      • Blog
      • Opinion
      • About
      • Contact us
    News Update TimesNews Update Times
    Home»Business»PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development
    Business

    PIBF to Launch Nationwide ‘District Economy Campaign’ for Sustainable Local Economic Development

    yasirBy yasirJuly 14, 2026No Comments
    Facebook Twitter WhatsApp
    Share
    Facebook Twitter WhatsApp

    The Pak International Business Forum (PIBF) has announced the launch of its nationwide ‘District Economy Campaign’, a comprehensive initiative aimed at empowering local governments, strengthening district economies and accelerating sustainable economic development across Pakistan. PIBF Central Secretary General Muhammad Ejaz Tanveer said Pakistan’s economic revival depends on transforming every district into a vibrant, self-reliant and investment-friendly economic hub. He said the campaign will cover all districts of Punjab, Sindh, Khyber Pakhtunkhwa, Balochistan, Gilgit-Baltistan, Azad Jammu and Kashmir, and Islamabad Capital Territory. “The campaign is based on the principle that an empowered and financially autonomous local government system is the key to eliminating poverty and ensuring equitable development,” he said. Explaining the objectives of the initiative, Tanveer said PIBF advocates quality education and healthcare, efficient municipal services, modern civic infrastructure and improved public amenities in every district. The campaign also seeks to promote trade, investment, entrepreneurship and industrial growth to generate sustainable employment and strengthen local economies. He said PIBF believes close collaboration among the business community, elected representatives, local governments and the public sector is essential for balanced and inclusive economic growth. The forum will also advocate the establishment of industrial estates, industrial clusters and Special Economic Zones (SEZs) to unlock the economic potential of every district and attract domestic and foreign investment. Muhammad Ejaz Tanveer said the campaign calls for equitable development opportunities for all districts through a transparent and need-based resource allocation mechanism to ensure balanced regional growth across the country. As part of its policy recommendations, PIBF will advocate that a defined share of resources under the National Finance Commission (NFC) Award be transferred directly to district governments to strengthen local governance and enable districts to undertake development projects according to their own priorities. He further proposed that the Benazir Income Support Programme (BISP) should introduce an interest-free microfinance scheme for individuals intending to establish small businesses. “Instead of remaining dependent on financial assistance, beneficiaries should be empowered to become entrepreneurs and job creators. Loan repayments would create a revolving fund, enabling many more deserving people to benefit from the programme,” he added. Highlighting the digital component of the campaign, Tanveer said PIBF plans to launch a Digital Transformation Support Programme to equip youth, entrepreneurs and businesses with modern digital skills and technological capabilities. As part of the initiative, the forum proposes establishing 838 Digital Transformation Support Centres across Pakistan to promote innovation, technology adoption and business competitiveness. He said the campaign also advocates granting local governments greater fiscal autonomy by enabling them to generate and retain local tax revenues for district development. Such financial empowerment, he said, would help improve infrastructure, enhance public services and create sustainable economic opportunities at the grassroots level. “The District Economy Campaign is not merely an economic initiative; it is a national movement to build prosperous districts, create employment, reduce poverty and strengthen Pakistan’s economy from the grassroots. Strong districts are the foundation of a strong and prosperous Pakistan,” Muhammad Ejaz Tanveer concluded.

    Share. Facebook Twitter WhatsApp
    yasir

    Related Posts

    Hoymiles Expands Its Global Footprint into Pakistan Through Harisun Energy as Authorized Tier-1 Distributor

    August 15, 2026

    Riyadh Air Inaugurates its First Direct Flights to Pakistan

    August 15, 2026

    BYD-MMC Launches Freedom Festival; Offer Includes Complimentary 7kW Home Charger & Installation

    August 13, 2026
    Leave A Reply Cancel Reply

    Top Posts

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025195 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026146 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025103 Views

    The Youth 4GCED Regional Workshop launch Regional Workshop Begins in Lahore

    November 1, 202484 Views
    Don't Miss
    Business

    Hoymiles Expands Its Global Footprint into Pakistan Through Harisun Energy as Authorized Tier-1 Distributor

    CBD PUNJAB MARKS 79TH INDEPENDENCE DAY WITH A GRAND MUSICAL SPECTACLE, FIREWORKS AND DIGITAL LANDMARK

    August 15, 2026

    Riyadh Air Inaugurates its First Direct Flights to Pakistan

    August 15, 2026

    PSDF, SDA Partner to Boost Skills and Jobs for Hearing-Impaired Youth

    August 14, 2026
    Stay In Touch
    • Facebook
    • Twitter
    • Instagram
    • WhatsApp

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    About Us
    About Us

    NUT is an innovative digital platform, delivering real-time, quality news and analysis on global & Local events. We aspire to empower our readers with accurate, insightful, and diverse perspectives,

    Email: info@newsupdatetimes.com
    Contact: +92 301 4776567

    Facebook X (Twitter) Instagram WhatsApp
    Our Picks

    Hoymiles Expands Its Global Footprint into Pakistan Through Harisun Energy as Authorized Tier-1 Distributor

    August 15, 2026

    CBD PUNJAB MARKS 79TH INDEPENDENCE DAY WITH A GRAND MUSICAL SPECTACLE, FIREWORKS AND DIGITAL LANDMARK

    August 15, 2026

    Riyadh Air Inaugurates its First Direct Flights to Pakistan

    August 15, 2026
    Most Popular

    MONEYTAP PIONEERS FINANCIAL INCLUSION WITH AI-DRIVEN SOLUTIONS FOR HIGH-QUALITY USERS

    May 14, 2025195 Views

    SHINE Humanity Expands Family Planning Services Through Strategic Partnerships

    January 6, 2026146 Views

    Empowering Educators for Climate Action: From Grassroots to Governance

    January 20, 2025103 Views
    © 2026 News Update Times.
    • Home
    • Pakistan
    • Business
    • Technology

    Type above and press Enter to search. Press Esc to cancel.