Islamabad: A high-level meeting was held on Thursday at the Finance Division between Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, and a senior World Bank delegation led by Ms. Anna Bjerde, Managing Director for Operations at the World Bank. The meeting centered on strengthening bilateral cooperation, reviewing the …
Read More »Govt draws up 10-year electric policy to cut costs, end debt
ISLAMABAD: In a major overhaul of the country’s power sector, the government is drawing up a 10-year electric policy focused on cutting electricity costs, eliminating circular debt, and gradually stepping away from state monopoly in power procurement, according to sources in the Energy Ministry. The long-term roadmap under preparation aims …
Read More »Pakistan, World Bank discuss $20bn growth and fiscal reforms plan
In a significant follow-up meeting held at the Ministry of Finance, Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, along with his team at the Finance Division, engaged with the World Bank team to discuss Pakistan’s national growth and fiscal program. The discussions took place as part of the …
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