He stated that this was carried out with the owners of the IPPs’ mutual approval while presiding over today’s federal cabinet meeting in Islamabad.

The Prime Minister notified the Cabinet that no interest will be paid; only the remaining sums owed to these IPPs will be settled.

He emphasized that breaking these contracts will benefit the national exchequer by around 411 billion rupees and save power users roughly sixty billion rupees.

Shehbaz Sharif claimed that it was the result of the government team’s tireless efforts working together. In this regard, he acknowledged the associated parties’ contributions and support as well. In particular, he brought up General Asim Munir, Chief of Army Staff, who showed a personal interest in the entire situation.

The Prime Minister explained that the breakthrough marked the start of a path that will ultimately lead to the wealth and advancement of the populace.

Shehbaz Sharif also brought up the assistance given to power users in the summer by the Punjabi and Federal governments.

The prime minister expressed happiness that the economy is steadily approaching stability. He made note of the fact that remittances for the first quarter reached a record-breaking $8.8 billion. This indicates that Pakistan’s economy is progressing, he remarked.

The administration, according to Shehbaz Sharif, also took action to lower the inflation, which is currently only one digit. He said that this was the PML-N’s election manifesto pledge being fulfilled.

Governor of Khyber Pakhtunkhwa Faisal Karim Kundi departed for Peshawar to take part in the special jirga on the political and peace conditions in the province.

He was asked to participate in the jirga, which was called by the Provincial Assembly to discuss provincial matters, by Khyber Pakhtunkhwa Chief Minister Ali Amin Gandapur.

Following discussions with the parliamentary leaders of all of the Provincial Assembly’s political parties, this Jirga has been called.

According to Ahmed Karim Kundi, a Pakistan People’s Party provincial assembly member, Khyber Pakhtunkhwa’s predicament worries all of the province’s major groups.

To examine the political and security situation, Mohsin Naqvi, the federal minister of interior, will be present at the Grand Jirga in Peshawar.

Chief Minister of Khyber Pakhtunkhwa Sardar Ali Amin Gandapur is hosting the Grand Jirga, which will take place at the Chief Minister House in Peshawar.

This jirga is intended to examine the province’s present political and security landscape and develop a collective action plan.

Discussing the issues that surfaced following the Pakhtun Jirga, which was organized by the outlawed Pashtoon Tahafuz Movement, is the purpose of the current Jirga.

Political party leaders, tribal elders, and members of the Provincial Assembly Khyber Pakthunkhwa will also be present at the Jirga.