Pakistan Has Fundamentals to Attract Investment, Says Finance Minister Aurangzeb
Finance Minister Muhammad Aurangzeb says Pakistan’s economic recovery, rising reserves and investor interest provide a foundation for stronger investment.
Pakistan IMF Review Talks Near Completion for Fifth Loan Tranche Release
Pakistan and the IMF are expected to conclude review talks this week, with discussions covering tax collection, energy reforms, circular debt and the NFC Award.
Aurangzeb Highlights Private Sector Role in Pakistan Economic Growth
Finance Minister Muhammad Aurangzeb outlines Pakistan’s economic reforms, tax growth, housing finance, capital market expansion and emerging technology opportunities.
Govt Orders DISCO-Wide Audit To Tackle Power Theft And Distribution Losses
Pakistan’s government has ordered a comprehensive technical audit of all DISCOs to identify power theft, distribution losses and operational inefficiencies without shifting costs to consumers.
CCoP Seeks Alternative Circular Debt Financing Mechanism Before FESCO, GEPCO And IESCO Privatisation
Cabinet Committee on Privatisation directs Power and Finance divisions to develop an alternative to Circular Debt Financing before the privatisation of FESCO, GEPCO and IESCO.
Govt Approves Restructuring Plan for FESCO, GEPCO and IESCO
Pakistan’s Cabinet Committee on Privatisation approves the restructuring plan for FESCO, GEPCO and IESCO, covering selected assets, liabilities and employee benefits.
Pakistan Power Sector Circular Debt Rises To Rs1.675 Trillion In FY26
Pakistan’s power sector circular debt increased by Rs61 billion to Rs1.675 trillion in FY26, with Discos’ operational inefficiencies contributing Rs262 billion.
Government Unearths Multi Billion Power Purchase Scam in Discos Amid Loadshedding Crisis
Power Minister Awais Leghari orders an independent probe into distribution companies for purchasing expensive electricity outside the national grid violating merit orders.
Government Ends Billing Relief on Excess Solar Generation Beyond Approved Limits
The federal government introduces Export MDI checks for net metering, removing credit for surplus solar energy produced beyond a consumer’s licensed capacity.
Power Division Reports Rs1,837 Billion Circular Debt as Operational Efficiency Improves
The Power Division clarifies that the current circular debt of 1,837 billion rupees is a temporary fluctuation, with inefficiencies declining by 48 billion rupees this fiscal year.