The economic report shows mixed growth; Hopes installed on critical mitigation and reforms – Trendy Blogger

The economic report shows mixed growth; Hopes installed on critical mitigation and reforms

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The Ministry of Finance expressed its optimism for the continuous growth this year, which is due to international political reforms to recover to the International Monetary Fund (IMF), reduce money, and financial unification, despite the slowdown in two of the three real economic sectors-agriculture and industry-which indicates that Economic growth may not be less than … Read more

SIFC -backed reforms aim to reduce the debts of the gas sector by 71 billion rupees annually – Trendy Blogger

SIFC -backed reforms aim to reduce the debts of the gas sector by 71 billion rupees annually

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The Special Investment Equipment Council (SIFC) led the main repairs in the energy sector, enabling private gas companies to reduce the circular debt burden by 71 billion rupees annually, according to the President of Universal Gas Distribution (UGDC) GHIYAS PARACHA. According to a news report, Paracha highlighted that the government is expected to generate 12 … Read more

Punjab unveils property tax reforms; Exemptions were provided for affordable housing – Trendy Blogger

Punjab unveils property tax reforms; Exemptions were provided for affordable housing

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The Punjab Excise and Excise Department has unveiled significant reforms in the property tax system, aimed at enhancing transparency and uniformity, after Cabinet approval. Director General of Excise and Excise Omar Sher Shertha said the reforms include property tax assessments based on District Collector (DC) scale values ​​and exemptions for residential properties up to Rs … Read more

The Chinese Communist Party discusses reforms to enhance competition in the energy sector – Trendy Blogger

The Chinese Communist Party discusses reforms to enhance competition in the energy sector

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The Competition Commission of Pakistan (CCP) held a high-level publication session at its head office to present the findings and recommendations of its recently published report. Study evaluating competition in the energy sector. The session was chaired by Central Control Committee members Mr. Saeed Ahmed Nawaz, Mr. Salman Amin and Ms. Bushra Naz Malik, with … Read more

WAPDA expects to study institutional reforms under the World Bank’s IARC project – Trendy Blogger

WAPDA expects to study institutional reforms under the World Bank’s IARC project

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The Water and Power Development Authority (WAPDA) has concluded a Rs1.14 billion contract for Institutional Assessment and Reforms Consulting (IARC) with a group of international and local companies. The consortium includes France-based Ginger Sofrico, Uruguay’s GME, and Pakistan’s Warm Waters Advisory. IARC is a World Bank-funded project with a total value of Rs 1.14 billion. … Read more

PM reviews $70 million worth of B2B agreements with Chinese companies, urges faster reforms – Trendy Blogger

PM reviews  million worth of B2B agreements with Chinese companies, urges faster reforms

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Prime Minister Muhammad Shehbaz Sharif was informed that more than 200 business-to-business (B2B) business agreements, along with memorandums of understanding worth $70 million, have been signed with several Chinese companies, according to APP. The Prime Minister chaired a review meeting to assess the progress of ongoing projects and various initiatives under the Board of Investment, … Read more

Prime Minister’s aide criticizes independent energy producers for blocking audits, calls for fair reforms in the energy sector – Trendy Blogger

Prime Minister’s aide criticizes independent energy producers for blocking audits, calls for fair reforms in the energy sector

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Islamabad: As the government intensifies efforts to re-evaluate agreements with independent power producers amid rising electricity tariffs, Special Assistant to the Prime Minister on Energy Mohamed Ali accused energy companies of obstructing regulatory audits. Speaking on a talk show, Ali criticized independent power producers for resisting attempts by regulators to review their operations. He stressed … Read more

The Minister of Finance briefs the Ministry of Foreign Affairs on the structural reforms programme – Trendy Blogger

The Minister of Finance briefs the Ministry of Foreign Affairs on the structural reforms programme

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Islamabad: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Monday briefed the Director-General of Humanitarian Affairs and Development at the UK Foreign, Commonwealth and Development Office, Ms. Melinda Bohannaun, on the government’s stabilization and structural reforms programme. According to a press release issued by the Ministry of Finance, during the meeting with the … Read more

SECP rejoins IOPS as a governing member to advance pension sector reforms – Trendy Blogger

SECP rejoins IOPS as a governing member to advance pension sector reforms

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Islamabad: The Securities and Exchange Commission of Pakistan (SECP) has rejoined the International Organization of Pensions Supervisors (IOPS) as a governing member, reaffirming its commitment to strengthening the pension sector in the country. This renewed membership underscores the Pakistan Securities and Exchange Commission’s focus on adopting global best practices to strengthen retirement income systems in … Read more

The Chinese Communist Party emphasizes structural reforms to address state monopoly – Trendy Blogger

The Chinese Communist Party emphasizes structural reforms to address state monopoly

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A technician works on ceramic insulators at a power transmission tower in Karachi on December 7, 2018. — Reuters Monopoly by state-owned enterprises restricts private sector entry, increases costs: CCP. The report stresses the necessity of privatization and switching to competitive prices. He laments transmission and distribution losses and aging infrastructure. ISLAMABAD: Pakistan is in … Read more