Aftab Maken ISLAMABAD: In a major development regarding the privatization of the national flag carrier, the Arif Habib Group has outpaced all competitors by submitting the highest bid of Rs 135 billion for Pakistan International Airlines (PIA). Thisrecord-breaking offer has been forwarded to the Federal Cabinet for final approval, after …
Read More »
BeNewz Report The federal cabinet meeting scheduled for Friday to discuss the proposed 27th Constitutional Amendment has been postponed. A new date for the session will be announced later, officials said. Prime Minister Shehbaz Sharif had called the cabinet meeting for 9:15 a.m. to deliberate on the proposed amendment. However, …
Read More »
BeNewz Report The Federal Cabinet has decided to lift the ban on new gas connections while also declaring agricultural and climate emergencies across the country. At a joint press conference, Federal Minister for Energy Ali Pervez Malik and Federal Minister for Parliamentary Affairs Dr. Tariq Fazal Chaudhry said the Prime …
Read More »
In the recently inducted cabinet members of Prime Minister Shehbaz Sharif, several members have been reshuffled, with some experiencing promotions while others face demotions. Only time will tell the full impact of these changes. Notably, junior Finance Minister Ali Pervaiz Malik has been elevated to a full minister and entrusted …
Read More »
The federal cabinet, chaired by Prime Minister Shehbaz Sharif, has approved revised agreements with 14 Independent Power Producers (IPPs), potentially reducing electricity prices by up to Rs11 per unit. Based on the Power Division’s recommendations, the cabinet endorsed renegotiated contracts with these IPPs, leading to a reduction of Rs802 billion …
Read More »
The Economic Coordination Committee (ECC) of the Federal Cabinet on Thursday approved Technical Supplementary Grants (TSGs) amounting Rs 87 billion just a two weeks before for a new federal budget to be laid before the parliament for approval. The Federal Minister for Finance & Revenue Senator Muhammad Aurangzeb presided over …
Read More »
BeNewz
