Tag Archives: Finance

BeNewz Report ISLAMABAD: Power sector circular debt climbed to Rs 1.924 trillion by May 31, 2026, significantly overshooting the government’s target and complicating its commitments under the International Monetary Fund (IMF) programme, according to official documents. The Power Division informed the Economic Coordination Committee (ECC) that despite improvements in recoveries, …

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet, chaired by Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb, approved various financial proposals and policy guidelines during its meeting on Friday. The ECC approved Rs. 935.78 million for the payment of projected net salaries to Pakistan Steel Mills (PSM) …