Fawad Yousafzai

ISLAMABAD - The Federal Cabinet has approved Phase-II of rightsizing of the Federal Government, allowing restructuring of 53 entities/departments, working under four ministries/divisions, recommending handing over some of them to provinces, winding up of others and downsizing of up to 30 percent employees.

ISLAMABAD - The provinces are not ready to take over the control of loss-making power distribution companies (Discos), and have not responded to

ISLAMABAD - The National Electric Power Regulatory Authority is likely to reverse its earlier decision of restricting the installment of the power

ISLAMABAD - The experts on Monday emphasised the significance of enhanced collaboration between Pakistan and China to learn from the latter’s

ISLAMABAD - Sindh has termed the caretaker government decision of allowing the sale of 35pc gas to third party violation of Articles 154(1), 158 and Section 230 of the Election Act 2017, saying that the caretaker was not legally and constitutionally empowered to take policy decisions and requested Council of Common Interest (CCI) to reverse the decision in this regard.

ISLAMABAD - The federal government is all set to close the operations of Utility Stores Corporation of Pakistan, and has formed a Cabinet Committee to finalise its recommendations within seven days in this regard.

ISLAMABAD - Approximately 60 percent of the federal government officers appeared in the written test for Trade and Investment Officers for posting in Pakistani missions abroad have failed to qualify.

ISLAMABAD - At a time when the government is moving against aged and expensive independent power producers (IPPs), Kot Addu Power Company Limited (KAPCO) has sought renewal of generation licence for its three decades old power plants.

ISLAMABAD - Former Vice Chancellor Pakistan Institute of Development Economics (PIDE) Dr Nadeem-ul-Haq seems to be in hot waters for allowing release of a report assessing the legislature's burden on national kitty as he has got an ‘explanation letter' from the higher authorities for subsequent publication of article titled: ‘The Stealth Cost of Legislature' in a national newspaper.

ISLAMABAD - The Captive Power Plants (CPPs) are still enjoying up to approximately 22.78 percent cheaper gas prices compared to cement industry, some domestic consumers categories, commercial and CNG sector, despite the recent increase of Rs500/MMBtu in sale prices of gas for CPPs.