• Orders third-party audit of Rs2.7bn spent on SCO event • Clears circular debt plan, POL supply deal with Azerbaijan ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on

KARACHI: The ever-increasing power supply bills have lately assumed the status of a major existential threat to Pakistan. Some apologists still try justifying them with various pretexts. This is despite

KARACHI: The much-delayed reforms to fix the working of Pakistan’s crippling state-owned enterprises (SOEs) are the missing link to a bright future for the country and a key to making

ISLAMABAD: Land fragmentation is a significant issue in Pakistan, where agricultural land is divided into smaller and smaller plots over generations. In Punjab, the most agriculturally productive region of Pakistan,

KARACHI: Industrialists and businessmen have appealed to the State Bank of Pakistan (SBP) to slash its policy rate by 300 to 500 basis points (bps) to provide relief to industries

ISLAMABAD: The four provincial governments have missed the International Monetary Fund’s (IMF) deadline to pass new legislation for increasing the agricultural income tax rate to 45% by the end of

KARACHI: Experts emphasise that Pakistani authorities and Information Technology (IT) companies must aggressively pursue follow-ups on deals and collaborations made at GITEX (Gulf Information Technology Exhibition) Global this year, where

ISLAMABAD: The fundamental assumptions used to finalise the $7 billion deal with the International Monetary Fund (IMF) have gone haywire within a month of its approval, leaving the authorities concerned

The final bidding process for the privatisation of Pakistan International Airlines attracted just one bid of Rs10 billion for a 60% stake in the national flag carrier, the Privatisation Ministry