Islamabad, April 21 (IANS) Pakistan’s federal government has delayed a decision on the Khyber Pakhtunkhwa government’s offer to provide Rs 4 billion in bridge financing for the long-pending Peshawar Northern Bypass project, even as the crucial infrastructure initiative continues to face setbacks. Despite the provincial government stepping forward with financial support to push the project ahead, the Centre has indicated that the 30-km road project will not meet its June 30 completion deadlin…
Latest National Highway Authority News & Updates
Quetta, April 19 (IANS) Officials of the National Highway Authority (NHA) have stated that Pakistan’s Balochistan province was given only Pakistani Rupees (PKR) 20 million from the national annual revenue pool of PKR 130 billion despite the province having over 4,000 kilometres of national highways, local media reported. NHA officials made the statement during an interactive session with office-bearers and members of the Quetta Chamber of Commerce and Industry, where National Highway Authority G…
New Delhi, Jan 12 (IANS) Facing a severe economic crunch in the absence of political will, net losses of state-owned enterprises (SOEs) in Pakistan surged by 300 per cent, while taxpayer-funded fiscal support surged to Rs 2.1 trillion (local currency), according to a new report.The Tribune Express writes in an Editorial that the “headline numbers are troubling”.“Aggregate SOE revenues fell by Rs 1.4 trillion to Rs 12.4 trillion in FY25, while overall net losses widened sharply to Rs 122.9 …