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Khaleeq Kiani

Khaleeq Kiani

Dawn Business

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Ogra, oil industry propose phased deregulation of fuel prices

ISLAMABAD: Amid warnings about supply chain challenges and ret­ail prices increasing by up to Rs27 per litre in Gilgit-Baltistan, the major oil...

yesterday 20

Dawn Business

Khaleeq Kiani

Discos guilty of regular overbilling, government concedes

• Power minister vows decisive action against complicit staff, officers • Hints at reviewing power rates for solar, industrial consumers to...

previous day 20

Dawn Business

Khaleeq Kiani

Government eyes deregulation of fuel prices

• Hastens process amid rise in smuggling, complaints from oil industry • Move may help shift brunt of public criticism to oil marketing companies ...

previous day 40

Dawn Business

Khaleeq Kiani

Fiscal gap to widen to 7.4pc of GDP: IMF

ISLAMABAD: Projecting stagnant tax-to-GDP ratios over the next five years, the International Monetary Fund (IMF) on Wednesday estimated Pakistan’s...

thursday 20

Dawn Business

Khaleeq Kiani

Pakistan to grow at 2pc, face 25pc inflation: IMF

ISLAMABAD: Notwithstanding a relatively better global outlook, the International Monetary Fund (IMF) on Tuesday maintained Pakistan’s economic...

17.04.2024 20

Dawn Business

Khaleeq Kiani

969MW Neelum-Jhelum project in trouble, again

Since its commissioning in 2018, the Neelum-Jhelum project has generated 19.829 billion units of electricity.—Courtesy Wapda ISLAMABAD: The...

16.04.2024 40

Dawn Business

Khaleeq Kiani

Up to Rs8.50 hike in fuel prices likely

ISLAMABAD: While the impact of the Middle East escalation is yet to materialise, the higher international market is estimated to push up the prices of...

15.04.2024 40

Dawn Business

Khaleeq Kiani

Rs4.92 per unit extra for electricity used in Feb

ISLAMABAD: Consu­mers will pay Rs4.92 per unit extra next month for electricity consumed in February, after the power regulator approved the hike as...

09.04.2024 10

Dawn Business

Khaleeq Kiani

World Bank wants unified GST collection agency

• Stresses need for national fiscal policy by aligning federal, provincial spending • Urges govt to effectively tax agriculture, capital gains and...

08.04.2024 20

Dawn Business

Khaleeq Kiani

ECC’s indecisiveness leaves wheat growers in limbo

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has failed to approve a clear-cut cash credit limit to the provinces and other...

06.04.2024 50

Dawn Business

Khaleeq Kiani

Fines imposed on five power firms for ‘illegal loadshedding’

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday imposed a fine of Rs50 million each on five power distribution...

05.04.2024 30

Dawn Business

Khaleeq Kiani

Energy sector circular debt surges to Rs5.5tr

ISLAMABAD: Despite massive repetitive price shocks to consumers and countrywide drive against theft and billing defaults, the World Bank has found...

04.04.2024 70

Dawn Business

Khaleeq Kiani

Liberalising economy can unlock trillions, says think tank

ISLAMABAD: The Pakistan Institute of Devel­opment Economics (Pide), a state-owned think tank, has asked the government to shift gear from...

03.04.2024 60

Dawn Business

Khaleeq Kiani

Natural, administrative constraints mar kharif outlook

ISLAMABAD: With an anticipated higher-than-normal temperature and an almost 31 per cent lower-than-usual snow bank, major crops in kharif...

03.04.2024 10

Dawn Business

Khaleeq Kiani

‘Liberalising economy can unlock trillions’

ISLAMABAD: The Pakistan Institute of Devel­opment Economics (Pide), a state-owned think tank, has asked the government to shift gear from...

03.04.2024 30

Dawn Business

Khaleeq Kiani

Govts dole out uplift funds to MNAs as development spending falters

ISLAMABAD: As development spending continued to falter in the first eight months of the current fiscal year, successive governments kept doling out...

02.04.2024 30

Dawn Business

Khaleeq Kiani

Pakistan ‘unlikely to break free from IMF support, incomplete PM terms’: Institute of International Finance

ISLAMABAD: On its way to missing targets in the current financial year, Pakistan’s biggest challenge now is fiscal consolidation and reforms amid a...

01.04.2024 10

Dawn Business

Khaleeq Kiani

Pakistan ‘unlikely to break free from IMF support, incomplete PM terms’, says IIF

ISLAMABAD: On its way to missing targets in the current financial year, Pakistan’s biggest challenge now is fiscal consolidation and reforms amid a...

01.04.2024 90

Dawn Business

Khaleeq Kiani

Kharif crops likely to face 35pc water shortages

ISLAMABAD: Pakistan could face up to 30-35 per cent water shortages during the upcoming kharif cropping season starting April 1. This could negatively...

31.03.2024 10

Dawn Business

Khaleeq Kiani

Petrol may hit Rs290 ahead of Eid

ISLAMABAD: Ahead of Eidul Fitr, the petrol price is estimated to go up by about Rs10-11 per litre on Sunday (March 31) for the next fortnight, owing...

30.03.2024 30

Dawn Business

Khaleeq Kiani

Consumers to face Rs7.63 per unit additional fuel costs for Feb

ISLAMABAD: Flabbergasted by the non-compliance of its orders and the rising fuel costs, the National Electric Power Regulatory Authority (Nepra) on...

29.03.2024 10

Dawn Business

Khaleeq Kiani

Centre eyeing provincial kitty for ‘strategic projects’

ISLAMABAD: After drying up the provincial project financing from the national kitty in January, the federal government is pushing financing of...

28.03.2024 10

Dawn Business

Khaleeq Kiani

Energy conservation body in peril as execs face the axe

ISLAMABAD: The state of affairs at the National Energy Efficiency and Conservation Authority (Neeca) has become a true depiction of the country’s...

27.03.2024 30

Dawn Business

Khaleeq Kiani

Islamabad to seek US waiver for Iran pipeline

ISLAMABAD: The newly elected governm­ent has decided to seek exemption from potential US sanctions against Pak­istani entities to be inv­olved in...

26.03.2024 30

Dawn Business

Khaleeq Kiani

Industry sends SOS amid heavy influx of Iranian oil

ISLAMABAD: The increasing scale of smuggling of petroleum products has brought the country’s oil supply chain — from import to refineries and from...

26.03.2024 50

Dawn Business

Khaleeq Kiani

Caretakers hiked development project costs by 30pc before exit

ISLAMABAD: Just before the end of its tenure, the caretaker government allowed a cost escalation of about 30pc to “ongoing contracts” of hundreds...

25.03.2024 10

Dawn Business

Khaleeq Kiani

Caretakers hiked project costs by 30pc before exit

ISLAMABAD: Just before the end of its tenure, the caretaker government allowed a cost escalation of about 30pc to “ongoing contracts” of hundreds...

25.03.2024 20

Dawn Business

Khaleeq Kiani

Oil industry seeks increase in margins

ISLAMABAD: Claim­ing over Rs130 billion stuck up funds against exchange rate and sales tax refunds, the country’s oil industry has asked the...

23.03.2024 20

Dawn Business

Khaleeq Kiani

Pakistan receives $9.53bn in foreign loans

ISLAMABAD: Pakistan authorities could materialise about $6.68 billion in foreign economic assistance (FEA) in the first eight months of the current...

22.03.2024 40

Dawn Business

Khaleeq Kiani

Islamabad seeking 24th bailout, IMF confirms

• Three-year programme to focus on strengthening public finances, restoring energy sector’s viability, returning inflation to target • $1.1bn...

21.03.2024 50

Dawn Business

Khaleeq Kiani

RLNG prices raised after two monthly reductions

ISLAMABAD: With massive system losses of 14.5 per cent, the Oil and Gas Regulatory Authority (Ogra) on Wednesday notified up to 2.75pc increase in the...

21.03.2024 10

Dawn Business

Khaleeq Kiani

Power firms seek to extract Rs35bn more from users

ISLAMABAD: Continuing with perpetual electricity price shocks suppressing demand, the Central Power Purchasing Agency (CPPA) has sought about Rs5 per...

19.03.2024 40

Dawn Business

Khaleeq Kiani

Pakistan, IMF extend talks to conclude SBA review

• Wrap-up meeting today to finalise letter of intent, MEFP • Both sides agree on contingency measures to address data gaps ISLAMABAD: With an...

19.03.2024 20

Dawn Business

Khaleeq Kiani

SSGCL accuses ‘front men’ of creating LPG shortages

ISLAMABAD: The Sui Southern Gas Company Ltd (SSGCL) on Thursday accused ‘front men’ of Liquefied Petroleum Gas (LPG) market operators of making...

15.03.2024 10

Dawn Business

Khaleeq Kiani

Petroleum prices likely to be kept steady

ISLAMABAD: The petroleum prices are estimated to generally remain stable for the next fortnight starting March 16, informed sources said. They said...

14.03.2024 30

Dawn Business

Khaleeq Kiani

Pakistan eyes ‘larger, longer’ bailout package

• IMF team due in Islamabad this week for second review of $3bn package • Aurangzeb chalks out economic strategy in inaugural press briefing •...

13.03.2024 50

Dawn Business

Khaleeq Kiani

FIA digs into claims of financial misconduct in LPG imports

• Agency’s probe comes on SIFC’s orders, focuses on SSGC’s liquefied petroleum gas operations • Gas utility’s board reportedly suspends...

11.03.2024 30

Dawn Business

Khaleeq Kiani

Ministry of overseas Pakistanis sets procedures for overseas job agreements

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Development has issued time-bound standard operating procedures (SOPs) for signing...

09.03.2024 20

Dawn Business

Khaleeq Kiani

Ministry sets procedures for overseas job agreements

ISLAMABAD: The Ministry of Overseas Pakistanis and Human Resource Development has issued time-bound standard operating procedures (SOPs) for signing...

09.03.2024 10

Dawn Business

Khaleeq Kiani

Govt mulls initiative to shield expats from fraud

• Initiative to digitise property transactions aims to attract investment, remittances • Includes digital land records, video-based transaction...

09.03.2024 20

Dawn Business

Khaleeq Kiani

External debt rises $1.2bn in six months

ISLAMABAD: Pakistan’s external public debt rose by $1.2 billion in six months to $86.358bn as of September 30, 2023, according to the Ministry of...

07.03.2024 300

Dawn Business

Khaleeq Kiani

Nepra plans doubling of licensing fees

ISLAMABAD: Following in the footsteps of power companies, the National Electric Power Regulatory Authority (Nepra) has decided in principle to...

05.03.2024 20

Dawn Business

Khaleeq Kiani

LPG price reduced slightly

ISLAMABAD: Because of exchange rate gains over the past month, the Oil and Gas Regulatory Authority (Ogra) on Friday slightly reduced the price of...

02.03.2024 20

Dawn Business

Khaleeq Kiani

Go for quick IMF bailout, advises outgoing finance minister

ISLAMABAD: With inflation at about 29 per cent, Caretaker Finance Minister Dr Shamshad Akhtar, in her departure note, is leaving behind a piece of...

01.03.2024 40

Dawn Business

Khaleeq Kiani

Petrol price jumps by Rs4, diesel unchanged

ISLAMABAD: In its last fuel price revision announcement before farewell, the caretaker government on Thursday increased the petrol price by Rs4.13 per...

01.03.2024 20

Dawn Business

Khaleeq Kiani

Inquiry committee confirms overbilling by power firms

ISLAMABAD: A four-member independent inquiry committee on ‘Abject Failure — Illegal Overbilling’ confirmed the power regulator’s overcharging...

29.02.2024 30

Dawn Business

Khaleeq Kiani

Fuel prices likely to rise by up to Rs4 per litre

ISLAMABAD: The prices of petrol and high-speed diesel (HSD) are estimated to increase by Rs1-4 per litre on Thursday (February 29) for the next...

29.02.2024 20

Dawn Business

Khaleeq Kiani

‘Controversial’ polls, ‘weak’ coalition govt to pose economic challenges: Moody’s

ISLAMABAD: Moody’s Investors Service on Tuesday kept Pakistan’s ratings unchanged at ‘Caa3’ with a stable outlook but highlighted that...

28.02.2024 40

Dawn Business

Khaleeq Kiani

Energy minister takes credit for ‘painful’ gas price hikes

ISLAMABAD: Outgoing caretaker Minister for Power and Petroleum Muhammad Ali on Tuesday identified recent “painful” gas pricing reforms among the...

28.02.2024 20

Dawn Business

Khaleeq Kiani

Nepra okays record fuel cost adjustment after govt ‘arm twisting’

ISLAMABAD: Days after ordering a probe into the record fuel cost adjustment (FCA) demanded by distribution companies, the power regulator appr­o­ved...

27.02.2024 10

Dawn Business

Khaleeq Kiani

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