Commerce Minister Jam Kamal said on Tuesday that digital inclusion is a pathway to economic equality and called on the private sector to actively contribute to driving change in Pakistan. The minister remarked at the event titled Shaping Tomorrow: Private Sector Engagement in Advancing Gender Equality and Women’s Empowerment. UN Women Pakistan hosted the event. The minister highlighted the c
Finance Minister Muhammad Aurangzeb has said that structural reforms are being undertaken in the power sector to improve its efficiency and service delivery. During a meeting with the K-Electric delegation on Tuesday, the minister said the reforms included the reconstitution of the boards of directors of Discos by bringing in professionals from the private sector and reducing the number o
The government will borrow Rs3.5 trillion during the next three months to meet the increasing liquidity requirement. The State Bank’s calendar shows that the government will raise Rs3.475tr from Sept 4 to Nov 27 through treasury bills. However, this amount is less than the maturing amount of Rs4.594tr during the same period. Over the past several years, the government’s substantial borrowing
The Prime Minister’s Steering Committee for Gemstones approved a series of reforms on Tuesday to revitalise the sector, with a key decision to bring the industry under the Ministry of Industries. The meeting, chaired by Minister for Privatisation Abdul Aleem Khan, included stakeholders such as federal ministers, secretaries, senior officials and private sector representatives. They discussed
The State Bank’s Monetary Policy Committee (MPC) will convene tomorrow (Thursday) to decide on the country’s monetary policy, including the key interest rate, amid demands for a major rate cut. The committee “will meet on Thursday, Sept 12, 2024, to decide about the monetary policy. Later on, the SBP will issue the Monetary Policy Statement through a press release on the same day”, the central