Pakistan’s federal government has decided to withdraw from the wheat procurement process, marking a major shift in the country’s agricultural and food security policy. The move comes under pressure from the International Monetary Fund (IMF) as part of broader economic reforms aimed at reducing fiscal burdens and market distortions. According to official sources, both the […]
PM Orders Acceleration in Privatization of DISCOs and GENCOs to Reform Power Sector
Prime Minister Shehbaz Sharif has directed authorities to accelerate the privatization of electricity distribution companies (DISCOs) and generation companies (GENCOs), underlining the government’s push to overhaul Pakistan’s struggling power sector. The directive was issued during a high-level review meeting on power sector reforms held in Islamabad. During the meeting, the Prime Minister emphasized that creating […]