Privatization of the Pakistan Investment Authority is a government-to-government option since traditional bids fail – Trendy Blogger

Privatization of the Pakistan Investment Authority is a government-to-government option since traditional bids fail

 – Trendy Blogger

The Ministerial Committee on Privatization (CCoP) on Thursday reaffirmed its commitment to divestment of Pakistan International Airlines (PIA) while mentioning the government-to-government (G2G) option for the first time. The shift comes after the committee rejected a Rs10 billion bid from the Blue World City consortium, which did not meet the minimum target of Rs85 billion … Read more

Court temporarily suspends additional 15% tax on banks that fail to meet lending targets – Trendy Blogger

Court temporarily suspends additional 15% tax on banks that fail to meet lending targets  

 – Trendy Blogger

The Islamabad High Court (IHC) has temporarily barred the government from collecting up to 15% additional taxes from banks that fail to meet private sector lending targets in 2024. Nearly a dozen banks have sought relief from the Islamabad High Court, protesting against the levy introduced in the 2025 federal budget. According to media reports, … Read more