1725962209-0/Express-Tribune-Web-(7)1725962209-0.jpg "PIA privatisation process to conclude by October: Khawaja Asif D_Trends")
The Federal Minister for Aviation, Khawaja Asif, has announced that the privatisation process of Pakistan International Airlines (PIA) will be completed by the end of October. Speaking during a National Assembly session, Asif emphasised the urgent need for privatisation, citing the airline’s heavy debt burden of Rs. 800 billion. The minister responded to a calling … Read more
ISLAMABAD: In the midst of a contentious privatisation process, Pakistan International Airlines has reported a loss of over Rs 75 billion for the year 2023. The total liabilities of the airline have ballooned to Rs 825 billion while total assets are valued at Rs 161 billion. The loss comes at a time when a … Read more
The newly formed task force convened on Tuesday to review the progress of the Federal Board of Revenue’s (FBR) digitalisation efforts and its effects on expanding the tax base. During the meeting, stakeholders highlighted the crucial role of digitisation in fostering economic growth. Ali Pervez Malik, the Minister of State for Finance and Revenue and … Read more
The Standing Committee on Finance and Revenue expressed concern on Wednesday over the disbursement process, surveys, and corruption within the Benazir Income Support Program (BISP). The committee, chaired by Syed Naveed Qamar, met at the Parliament House to discuss major programs, budget allocations, disbursements, poverty surveys, and new payment methods related to BISP. The Chairperson … Read more