Cabinet members split over free electricity supply

power-supply

Power Division seeks approval for halting facility, giving monetisation allowance ISLAMABAD: Though members of the cabinet have voiced concerns over supply of free electricity to the employees of Wapda and DISCOs, the ministries are divided over the proposal of discontinuing such services, which are blamed for the runaway circular debt. In a recent meeting of the cabinet, it was revealed…

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Plan prepared for cut in circular debt

circular-debt

Ministry proposes debt reduction via subsidies, revision of policies and deals ISLAMABAD: The Ministry of Energy has proposed to the Special Investment Facilitation Council (SIFC) a plan for reduction in power-sector circular debt of Rs2.3 trillion through a combination of budget subsidies, revision of policies and agreements. The draft plan has been shared with a committee of the civil-military forum,…

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PM returns from China with more pacts under his belt

China-Pakistan

• Pakistan joins China’s moon programme• Kakar offers Friday prayers in Xinjiang• Khunjerab border crossing to operate throughout the year ISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar returned home on Friday evening after a whirlwind five-day China trip that took him to places where only few foreign dignitaries before him visited, and one that saw Islamabad and Beijing ink over…

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