Pakistan’s SOE Losses Hit Rs6.5 Trillion as Top Government Firms Struggle with Profitability
Pakistan’s state-owned enterprises continue to strain public finances, with cumulative losses reaching Rs6.5 trillion. FY25 saw top 15 SOEs post Rs622 billion in profits, highlighting governance gaps and margin pressures amid rising costs and delayed tariff adjustments.
Saleem Zia Assumes Role as Chairman of State Life Insurance Board to Strengthen Governance and Institutional Oversight
Former Senator Saleem Zia has been appointed Chairman of the State Life Insurance Corporation Board by the Federal Government, signaling a renewed focus on governance and strategic oversight within Pakistan’s largest state-owned insurance entity.