Pakistan Introduces Public Procurement Rules 2026 as IMF Review Begins
Pakistan has notified Public Procurement Rules 2026, making EPADS mandatory while introducing new transparency, competition, oversight and grievance mechanisms.
Cabinet Committee Approves New Public Procurement Rules, PPRA Amendments
Pakistan’s Cabinet Committee for Disposal of Legislative Matters has approved new Public Procurement Rules, 2025 and amendments to the PPRA Ordinance, 2002.
IMF Urges Pakistan To Restrict Direct Government Contracts With State Owned Companies
IMF has asked Pakistan to limit direct government contracts with state owned companies to exceptional cases as differences over new public procurement rules delay their approval.
Punjab PPRA PITB and Bank of Punjab Host Strategic Seminar Ahead of Mandatory E-Procurement Launch
The Punjab Procurement Regulatory Authority collaborates with PITB and BOP to introduce a secure, cashless e-procurement platform featuring automated refunds and digital bank guarantees.
ADB Issue Final Deadline for 360 Million Dollar CAREC Infrastructure Loan
The Asian Development Bank sets an April 5 deadline for Pakistan’s NHA to finalize the 360 million dollar CAREC Tranche-III project or risk losing vital funding.
ADB Warns $360M Carec Tranche-III Loan May Expire as NHA Faces Road Project Delays
Asian Development Bank cautions that $360 million allocated for Carec Tranche-III highway project could lapse by 2027 due to delays in NHA road construction and procurement controversies.