Tue, 21-Oct-2025

Cabinet body on State-Owned Enterprises approves revised policy

Cabinet body on State-Owned Enterprises approves revised policy

ISLAMABAD: A meeting of the Cabinet Committee on State Owned Enterprises was held, here on Wednesday with Finance Minister Dr. Shamshad Akhtar in the chair. The State-Owned Enterprises (Ownership and Management) Policy, 2023, was re-submitted to the committee for review, after incorporation of feedback received from the members of the committee. The Committee reviewed the … Read more

PM orders to pace up privatization of govt-owned enterprises facing financial loss

privatization

Caretaker Prime Minister Anwaar-ul-Haq Kakar has urged the acceleration of the privatization process for State-Owned Enterprises (SOEs) that are experiencing financial deficits. This directive was issued during a meeting with Caretaker Minister for Privatization Fawad Hassan Fawad. PM Kakar stressed the importance of privatizing these struggling SOEs as a crucial step to prevent additional financial … Read more

PSX official calls for incentivising equity market

PSX closes lower over economic, political unrest

KARACHI: The government has been disincentivising investments in the Pakistan Stock Exchange (PSX) compared with the real-estate and construction sector, an official said. PSX Managing Director Farrukh M Khan while speaking at Karachi Press Club, said that the stock market investors demand a level playing field where they could carry on business activities. “The PSX … Read more

Prime Minister calls for fast-track reforms process to attract investment

Prime Minister

ISLAMABAD: Prime Minister Imran Khan on Saturday directed the relevant authorities to expedite the reforms process to attract the investors and improve the functioning of the state-owned enterprises. Chairing a meeting of the Economic Advisory Council (EAC) to review the government’s introduced reforms in the mega sectors of the country, he also directed for extension … Read more