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Wasim Iqbal

Six SOEs to be privatized to achieve Rs 150 billion target
Print

Six SOEs to be privatized to achieve Rs 150 billion target

The Privatization Division will privatize six state-owned entities (SOEs) including two Re-Gasified Liquefied Natural Gas (RLNG) power plants, while revival of Pakistan Steel Mills (PSM) will be completed by the end of FY20, to achieve the budgeted target
Published 30 Jan, 2020 12:00am
Parliamentary panel irked by HEC's lack of coordination
Pakistan

Parliamentary panel irked by HEC's lack of coordination

A parliamentary panel on Monday showed utter displeasure over lack of coordination and information sharing of Higher Education Commission (HEC) with Auditor General of Pakistan (AGP), National Accountability Bureau (NAB) and other relevant departments and
Published 28 Jan, 2020 12:00am
129,301 vacant posts: Government may not be able to achieve target
Print

129,301 vacant posts: Government may not be able to achieve target

The federal government may not be able to achieve the target of filling 129,301 vacant posts in different ministries, divisions and subordinate organizations within four months as the Parliament is yet to clear a bill pertaining to job quota, sources said
Published 26 Jan, 2020 12:00am
BoI yet to notify status of Allama Iqbal Industrial City as SEZ
Print

BoI yet to notify status of Allama Iqbal Industrial City as SEZ

Board of Investment (BoI), with a secretariat for Special Economic Zone (SEZs) under the China-Pakistan Economic Corridor (CPEC), is yet to notify the status of Allama Iqbal Industrial City Faisalabad as SEZ which was inaugurated by Prime Minister Imran K
Published 05 Jan, 2020 12:00am
Petrol price up by Rs 2.61/litre
Print

Petrol price up by Rs 2.61/litre

The government on Tuesday increased the price of petrol by Rs 2.61 per litre and High Speed Diesel (HSD) by Rs 2.25 per litre High Speed Diesel (HSD) for the month of January, 2020.
Published 01 Jan, 2020 12:00am
Ogra proposes increase in prices of POL products
Print

Ogra proposes increase in prices of POL products

The Oil and Gas Regulatory Authority (OGRA) has recommended an increase in ex-depot prices of all petroleum products for month of January 2020. In line with the increase in prices of petroleum products globally, the OGRA has computed an increase of Rs 2.6
Published 31 Dec, 2019 12:00am
Two RLNG power plants: Privatisation committed
Print

Two RLNG power plants: Privatisation committed

The federal government has committed with the International Monetary Fund (IMF) in the first review of IMF's Pakistan's extended fund facility that privatization of two RLNG power plants will be completed by end of financial year 2020, said a report relea
Published 24 Dec, 2019 12:00am
Government may endorse Ogra's suggestion of increasing gas price
Print

Government may endorse Ogra's suggestion of increasing gas price

Federal government is likely to endorse Ogra's recommendation to increase gas prices to retire the circular debt of Rs181 billion in the wake of a wide gap between the average prescribed gas price and the weighted average sale price. Petroleum Division is
Published 19 Dec, 2019 12:00am
Ogra recommends 213.7 percent hike in gas prices
Print

Ogra recommends 213.7 percent hike in gas prices

The Oil and Gas Regulatory Authority (Ogra) has recommended the government to increase prices of gas up to 213.7 percent for domestic consumers to meet the revenue requirement with effect from January 2020.
Published 18 Dec, 2019 12:00am