Stagnation Hitting Manufacturing Despite Small Improvement, Says AIB Report

Stagnation hitting manufacturing despite small improvement, says AIB report

The report is based on indicators including new orders, employment and suppliers’ delivery times.

ADB deciphers power sector conundrum

ISLAMABAD: Exposing the Power Division’s claims of reforms in the power sector, the Asian Development Bank (ADB) has observed that weak regulatory frameworks and governance issues — including lack of transparency and poor performance — continue to prevent power distribution companies (Discos) from accessing commercial borrowing, thereby forcing them to rely on limited public and donor funding for investments, well-informed sources in the Ministr…