Khyber Pakhtunkhwa Backs Takaful Firms, Safe Cities Expansion as Lahore Tightens Urban Services

Overview

• Khyber Pakhtunkhwa’s cabinet approved the creation of General and Family Takaful companies with PKR 2 billion and PKR 3 billion in funding respectively, the province’s first such institutions since the 1990 launch of Khyber Bank.
• The General Takaful company will cover health and other risks, while the Family Takaful company will provide financial support to households after the death of a breadwinner, officials said.
• The cabinet cleared the Ehsaas Education Internship Program to start with PKR 207 million this year, offering school-based internships to 850 youth annually over three years.
• A supplementary grant of PKR 3,825 million was approved to extend the Safe Cities project beyond Peshawar to Dera Ismail Khan, Bannu, Lakki Marwat and North Waziristan.
• Lahore’s divisional commissioner ordered district administrations to list rural and urban open drains separately, set cleaning SOPs with posted schedules and warning signage, and reported about 19,000 of roughly 21,000 identified potholes repaired, with executive public washrooms being activated at major petrol pumps and uniform streetlight and service standards enforced.