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.
FPCCI Member Calls Austerity Measures An Economic Curfew, Seeks Fuel Policy Changes
FPCCI Executive Committee member Adeel Siddiqui has criticised government austerity measures and called for changes to fuel levies, state-owned enterprise spending and transport subsidies.
SECP Clears 98% Adjudication Backlog, Imposes Rs. 4.73 Billion in Fines
SECP has cleared 98% of its pending adjudication backlog after issuing 573 decisions and imposing Rs. 4.73 billion in fines for legal and regulatory violations.
Profitable State-Owned Enterprises Earn Rs423 Billion in First Half of FY2025-26, Finance Division Says
Pakistan’s Finance Division reported Rs423.3 billion in combined profits from profitable state-owned enterprises during the first half of FY2025-26, alongside ongoing restructuring and privatisation measures.
AGP Digital Audit Reports Reengineer Accountability Frameworks Inside Public Sector Enterprise Networks
Finance Minister Muhammad Aurangzeb laid the historic 2025-26 Auditor General of Pakistan report before the National Assembly, uncovering massive financial discrepancies.
Privatisation Commission clears Fauji Fertiliser Company inclusion in Arif Habib-led consortium for full PIA takeover
Privatisation Commission board endorses Fauji Fertiliser Company’s inclusion in the Arif Habib-led consortium that bid Rs135 billion for 75 percent of PIA, paving the way for acquisition of the remaining 25 percent stake.
Pakistan SOEs Record Rs122.9 Billion Loss in FY2024-25 as Debt and Fiscal Risks Mount
Pakistan’s state-owned enterprises reported a net loss of Rs122.9 billion in FY2024-25, with rising debt and pension liabilities highlighting urgent reform needs, according to the Cabinet-approved consolidated performance report.
Pakistan Airlines Privatisation: Arif Habib Consortium Secures Rs135 Billion Bid
The Arif Habib consortium wins the Rs135 billion bid for Pakistan International Airlines, marking the country’s first major privatisation in nearly 20 years and promising fleet expansion, investment, and operational turnaround.