The federal government has allocated Rs354.81 billion to State-Owned Enterprises (SOEs) for FY2025–26, reflecting an 80.3% increase from Rs196.83 billion last year. These funds, released under the Public Sector Development Programme (PSDP), will support key SOEs in infrastructure, transport, energy, and financial services—sectors critical to national development. Finance Minister Muhammad Aurangzeb, in his budget speech, […]
state-owned enterprises (SOEs)
IMF calls for end to corruption and overreach in Pakistan’s policy making
The International Monetary Fund (IMF) has called for reducing corruption and unnecessary external influence in Pakistan’s policy-making and implementation processes. In a new directive, the IMF emphasized the need for Pakistan to fully implement the governance framework for state-owned enterprises (SOEs), ensuring transparency and accountability in all public institutions. The IMF specifically highlighted the importance […]
Pakistan shares Rs3 trillion gas sector circular debt plan with IMF
The Pakistani government has formally presented a comprehensive plan to the International Monetary Fund (IMF) aimed at eliminating the mounting Rs3 trillion circular debt in the gas sector. This initiative is part of the country’s upcoming budget preparations and a broader effort to stabilize the energy sector. According to official sources, the Petroleum Division crafted […]