Subsidies KARACHI: Finance Minister Muhammad Aurangzeb emphasized that the International Monetary Fund (IMF) does not oppose subsidies outright but rather advocates for targeted subsidies to be increased. Addressing misconceptions during …
state-owned enterprises (SOEs)
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National
Prime Minister Establishes Seven Cabinet Panels; Assumes Leadership of ECC and CCoE
by Hamza Irshadby Hamza IrshadCabinet Panels ISLAMABAD: Prime Minister Shehbaz Sharif recently announced the formation of seven cabinet panels, signifying a strategic shift in governance dynamics. Notable among these are the Economic Coordination Committee …
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Economy
Revival of Privatization in Pakistan: A Strategic Move by the Caretaker Government
by Hamza Irshadby Hamza IrshadPrivatization After a decade-long hiatus, privatization is making a comeback in Pakistan, with the caretaker government spearheading economic reforms and fiscal discipline over the last four months. With seven transactions …
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Sources revealed on Sunday that the government has informed the International Monetary Fund (IMF) that the privatization of state-owned enterprises (SOEs) is unlikely to be concluded before the upcoming general …
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Privatization Approach ISLAMABAD: The World Bank expressed concerns about Pakistan’s privatization approach for its state-owned entities (SOEs). It highlighted the negative impacts of judicial activism, political interference, the sale of …
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Latest Updates
Finance Minister Aims to Grant Independence to State-Owned Companies from Government Control
by Hamza Irshadby Hamza IrshadISLAMABAD: Interim Finance Minister Shamshad Akhtar stated that the caretaker government is in the process of formulating a policy to improve the evaluation of state-owned enterprises’ performance. However, she also …
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IMF-backed report reviews 84 commercial state-owned enterprises