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National
Boad of Privatization Commission Approves Recommendations for First Phase Privatization of Three DISCOs
▫️Consortium led by Citibank approved as the top bidder for appointment of financial advisor for Roosevelt Hotel privatization
Social
Supreme Court Rules Suspicious Property Transfer Illegal, Dismisses Appeal
▫️Power of attorney holder cannot transfer property without explicit written consent of the owner
National
Government Considers Reduction in Real Estate Taxes, Property Sector Expected to Stabilize
▫️FBR collected Rs197 billion in taxes from the real estate sector over 9 months
National
KP CM Orders Fast Tracking of Road Infrastructure Projects Across Province
▫️Directs inclusion of new schemes in Annual Development Programme, with focus on merged districts
Corporate
Govt Introduces 2.25 Hour Daily Loadshedding to Prevent Electricity Price Surge
▫️DISCOs instructed to provide feeder wise schedules for planned outages