Finance

Finance Ministry highlights management problems in oil and gas sector Blogging Sole

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Finance Ministry highlights management problems in oil and gas sector Blogging Sole

An undated image of a MOL Pakistan exploration site. — MOL Pakistan website/file Circular debt creates cash flow constraints, according to the ministry report. This highlights ineffective financial management in PSO, PPL, etc. Deplores obsolete and inefficient infrastructure, operational problems. ISLAMABAD: The Ministry of Finance, in its report, has raised serious questions over financial mismanagement … Read more

Finance Ministry forecasts inflation to fall to 5.8-6.8% in November Blogging Sole

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Finance Ministry forecasts inflation to fall to 5.8-6.8% in November Blogging Sole

People look at handbags displayed outside shops at a market, ahead of Eid al-Fitr celebrations in Karachi, Pakistan, April 19, 2023. — Reuters Inflation is expected to decline to 5.6%-6.5% by December. PBS data shows inflation fell to 7.2% in October. The LSM sector seems to be struggling to bounce back. Inflation is expected to … Read more

Khurram Schehzad appointed advisor to Finance Minister on financial reforms Blogging Sole

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Khurram Schehzad appointed advisor to Finance Minister on financial reforms Blogging Sole

Khurram Schehzad, veteran investment banker. -Linkedin/@khurramschehzad Veteran investment banker Khurram Schehzad has been appointed as advisor to Finance Minister Mohammad Aurangzeb on financial reforms as the government steps up efforts to bring sweeping changes in different sectors of the economy to put the country on the right path sustainable growth. “The Prime Minister was pleased … Read more