Cabinet Committee on State-Owned Enterprises has categorized Trading Corporation of Pakistan as an essential State-Owned Enterprise. In its meeting held today in Islamabad with Finance Minister Muhammad Aurangzeb in the chair, the committee decided that a detailed financial plan of the entity should be prepared, which should address the question
Minister for Industries and Production Rana Tanveer Hussain says there are no plans under consideration to shut down the Utility Stores Corporation. He was talking to a delegation of the Utility Stores Corporation, who called on him in Islamabad today. Managing Director of Utility Stores Corporation and the Secretary of
Interior Minister Mohsin Naqvi has commended the police for foiling a terrorist attack on a check post near Mianwali. In a statement, the Interior Minister said that Punjab Police have once again foiled the nefarious designs of Khawarij with professionalism and bravery. Mohsin Naqvi said the police have consistently demonstrated
Special Investment Facilitation Council (SIFC) is giving priority to the transparent privatization of government departments as per the international standards. In the first phase, PIA, DISCOs, First Women Bank and others are being privatized with the support of SIFC. Apart from the financial deficit, the total liabilities of PIA have
The Senate today unanimously passed a resolution paying rich tribute to the national hero Arshad Nadeem on his remarkable achievement of winning the Gold medal in the Javelin throw at the Paris Olympics. The Law Minister Azam Nazeer Tarar moved the resolution and others. It recognized the achievement of Arshad
Law Minister Azam Nazeer Tarar has said the Chief Justice of Pakistan Qazi Faez Isa is not interested in any extension. In his televised remarks today, he mentioned that during a meeting, the Chief Justice of Pakistan has unambiguously stated of not desirous of extension. The Law Minister emphasized that
United Nations Resident and Humanitarian Coordinator for Pakistan, Muhammad Yahya, called on Federal Minister for Finance Muhammad Aurangzeb in Islamabad today. He briefed the Minister about the UN projects about development and humanitarian assistance and its agencies in Pakistan. The UN Coordinator noted that energy transition is an important area
Denmark has expressed interest in investing in Pakistan’s mining industry. The interest was expressed by a delegation of Danish Business Group headed by Ambassador of Denmark to Pakistan Jakob Linulf during a meeting with the Federal Ministers in Islamabad today. The Federal Ministers said given the vast reserves of minerals,