Aurangzeb Reviews Progress on Closure of PASSCO and Utility Stores Corporation
Finance Minister Muhammad Aurangzeb reviews progress on the closure of PASSCO and USC, stressing coordination, transparency and timely completion of remaining work.
ECC Approves Wheat Disposal, Petroleum Imports and Key Economic Measures
ECC approves PASSCO wheat disposal, petroleum imports through bonded storage, an OQ Trading-PSO agreement, K-IV funding and Reko Diq security support.
Govt Allocates Rs30 Billion For Interest On PIA’s Rs268.5 Billion Legacy Debt As Privatisation Costs Mount
The federal government has earmarked Rs30 billion in FY2026-27 to cover interest on PIA’s Rs268.5 billion legacy debt, as part of a broader Rs73 billion privatisation contingency provision.
NA Committee to Summon Finance Secretary, SBP Governor Over Rs342.947 Billion TCP Dues
National Assembly Standing Committee on Commerce will summon the Finance Secretary and SBP Governor over Rs342.947 billion in outstanding TCP receivables, including Rs265.719 billion in accumulated markup
Punjab, Sindh Backtrack on Wheat Imports as Centre Weighs Funding 1 Million Tonnes Alone
Punjab and Sindh have stepped back from imported wheat commitments as flour prices rise 77.5% to Rs132.5 per kg, leaving the federal government to reconsider its import plan.