The caretaker setup led by Prime Minister Anwarul Haq Kakar has clearly hinted at changing the course and speed of the economy. Speaking to the media persons on Friday after six hours of deliberations on numerous issues facing the country’s moribund economy at the first session of a two-day meeting of the army-backed Special Investment Facilitation Council (SIFC), the key caretaker ministers mi
With electricity tariff going through the roof, more and more people, especially those from the middle class, were looking for alternatives. Their only option at the moment remains solar energy. However, this system has its own problem. Due to low local production of solar panels, installation of this system has become costly as its components have to be imported. Therefore, instead of insta
Cotton production has witnessed a 23 percent increase compared to the previous year in Sahiwal division. Last year, 137,000 bales were produced, but this year’s harvest has surged to an impressive 179,000 bales, and of them 116,734 bales have hit ginning factories. The Agriculture Department says that cotton was cultivated across 106,000 acres. Cotton farmers received a commendable rate for the
As a crackdown on sugar hoarders to end artificial increase in the sweetener’s prices has begun making headway, sugar mill owners on Sunday offered to supply the commodity to the Punjab government at a rate of Rs140 per kg. The offer came a day after the provincial government filed a petition with the Lahore High Court to vacate a status quo order the LHC had given months ago against the powers
The Privatisation Commission has started work to appoint a financial adviser to undertake the process for leasing of Roosevelt Hotel in New York for setting up a joint venture project for prospective mixed-use development. Following a decision taken by the Cabinet Committee on Privatisation last month, the commission has invited proposals for appointing the financial adviser. The financial a