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IHC seeks replies on petition against presidential ordinance


IHC seeks replies on petition against presidential ordinance
Issues notices to Federation, secretaries ECP, law and justice
ISLAMABAD:
The Islamabad High Court (IHC) has issued notices to the Federation, Election Commission secretary, Ministry of Law and Justice secretary as well as other parties seeking replies on a petition filed against the presidential ordinance on making electronic voting machines mandatory in the elections and enabling overseas Pakistanis to cast their votes.
Last month, President Arif Alvi promulgated the Elections (Second Amendment) Ordinance, 2021, under Article 89 of the Constitution only two days after National Assembly Speaker Asad Qaiser constituted a committee of cabinet members to engage the opposition on the issue of electoral reforms. ....

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Govt to privatise 44 entities by 2025


Govt to privatise 44 entities by 2025
IMF-backed report reviews 84 commercial state-owned enterprises
Moreover, the sum of losses of top-10 loss-making SOEs contributes around 90% to the total losses of SOEs portfolio each year. PHOTO: FILE
ISLAMABAD:
The International Monetary Fund (IMF)-backed first review of Pakistan’s bleeding public sector enterprises has identified 44 entities for privatisation, including the power companies that are causing big losses, despite a 50% reduction in losses in the first year of current government.
The review of 84 commercial state-owned enterprises (SOEs) has been completed as part of the structural benchmarks set by the IMF and supported by the World Bank and the Asian Development Bank (ADB), according to the “SOEs Triage: Reforms and Way Forward” report that the Ministry of Finance released on Thursday. ....

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