Cabinet Committee on State Owned Enterprises Approves Core Governance Reforms and Strategic Board Appointments
The Cabinet Committee on State Owned Enterprises chaired by Finance Minister Muhammad Aurangzeb greenlights board appointments for PNSC and IRADA along with energy sector changes.
Cabinet Committee Approves EXIM Bank Pakistan Procurement Policy 2025
Pakistan’s Cabinet Committee on State-Owned Enterprises approves the EXIM Bank Procurement Policy 2025 to streamline procurement operations and align governance with international standards.
Unified Leadership to Drive Investment Reforms: Secretary SIFC Also Appointed Secretary BOI
The Government of Pakistan strengthens its investment framework by appointing the Secretary of the Special Investment Facilitation Council (SIFC) Division as Secretary of the Board of Investment (BOI), aligning both institutions to accelerate investment promotion and national economic growth.
World Bank to Approve $600 Million Loan for Pakistan’s Inclusive Development and Fiscal Reform Program
The World Bank is set to approve a $600 million loan to support Pakistan’s inclusive development program, aimed at improving public spending efficiency, expanding the tax base, and strengthening fiscal governance through transparency and data-driven reforms.
Rethinking the Criticism: Why Banks Prefer Government Lending Amid Pakistan’s Economic Realities
Furqan Ali critiques the widespread perception of opportunism in Pakistan’s banking sector, arguing that reliance on government lending is a calculated response to deeper structural flaws. He urges for major public finance and economic reforms to enable a more balanced credit environment.
NA Panel Directs Finance Ministry to Disburse Rs. 6 Billion for Postal Life Insurance Payments Amid Mounting Public Pressure
Pakistan’s National Assembly Standing Committee on Privatization orders the Finance Ministry to urgently release Rs. 6 billion to clear Postal Life Insurance claims, spotlighting growing frustrations over delayed public payouts and broader economic management.