ISLAMABAD: Prime Minister Shehbaz Sharif plans to expand his cabinet by inducting four to five new ministers next week. Dr. Tauqir Shah, a close confidant of PM Shehbaz, is expected to join the cabinet. He previously served as principal secretary to the PM. Currently working with the World Bank, Dr. Tauqir is visiting Pakistan on …
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IMF virtual talks prelude: subsidies end, power tariffs hike approves by Cabinet
The Federal Cabinet has approved a new policy that aims to increase power tariffs and eliminate subsidies. This decision comes ahead of the virtual talks with the International Monetary Fund (IMF) regarding the Memorandum of Economic and Financial Policies (MEFP). The cabinet has also approved a revised circular debt management plan that will be circulated. …
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