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Khaleeq KianiDawn Business |
• Punjab has largest share of federal employment at 46pc, but below its 53pc population share • KP’s share exceeds its population ratio with...
• World Bank’s South Asia VP urges country to accelerate reforms for better economic development • Says 10-year framework introduced to tackle...
WORLD Bank South Asia Vice President Martin Raiser presents a booklet to Prime Minister Shehbaz Sharif in Islamabad.—PPI • WB formally launches...
ISLAMABAD: A parliamentary panel asked the prime minister and the finance minister on Wednesday to immediately stop the “scandalous” purchase of...
ISLAMABAD: The federal government has claimed over Rs225 billion in receivables from K-Electric, that also include an overwhelming Rs186.5bn as mark...
ISLAMABAD: The Prime Minister Office (PMO) and the Khyber Pakhtunkhwa government have sought clarity from the Petroleum Division over the proposed...
ISLAMABAD: With a meagre 1.3 per cent growth in electricity demand over last year, the public sector power companies have sought about Rs1.04 per unit...
ISLAMABAD: Almost a month before scheduled negotiations on its $7bn Extended Fund Facility (EFF) with Pakistan, the International Monetary Fund...
ISLAMABAD: A day after announcing a reduction in power rates for electric vehicle charging stations (EVCS), Pakistan on Thursday sought France’s...
• Slashes EV charging tariffs by over Rs30 per unit to promote clean energy • Expects electric vehicles to help cut oil bill by $6bn • Leghari...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday approved a Rs4.98 per unit refund for K-Electric...
ISLAMABAD: Pakistan is working on launching a $250 million Green Impact Fund (GIF) to channel international commitments meant for climate change to...
ISLAMABAD: The government on Tuesday sought private sector support in routing their cargoes through Gwadar Port whose capacity utilisation has...
ISLAMABAD: The prices of high-speed diesel (HSD), petrol and kerosene are estimated to increase by up to Rs6 per litre on Wednesday for the next...
ISLAMABAD: Almost six months after the federal cabinet’s decision, the government has begun inducting officers from intelligence, investigation and...
ISLAMABAD: On the consumers’ complaints, the Oil & Gas Regulatory Authority (Ogra) has decided to investigate the overcharging of liquefied...
ISLAMABAD: The Ministry of Finance has issued a calendar for preparing and presenting the federal budget 2025-26 and asked all the ministries,...
• Power minister stresses need for bold decisions to address inefficiencies • Says govt has right to terminate projects that haven’t reached...
ISLAMABAD: The Public Sector Development Programme (PSDP) has flattened to just Rs148 billion in the first half of the current fiscal year against...
ISLAMABAD: The commercialisation of Gwadar Port, built more than a decade ago, remains a non-starter, turning the multi-billion-dollar infrastructure...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Tuesday notified negative fuel cost adjustment (FCA) of 76 paise per unit for...
• Aurangzeb says cost-cutting process for 42 ministries to be completed before June 30 • Uncertain about financial impact of abolishing 150,000...
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet decided on Monday to immediately ban ozone-depleting insulation and foaming...
ISLAMABAD: The oil industry has expressed concerns about its exclusion from an official working group tasked with developing a roadmap for...
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet decided on Monday to immediately ban ozone-depleting insulation and foaming...
• Mandates gas disconnections to industrial CPPs by the end of January • Says captive plants must transition to grid electricity or pay...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) has criticised the government’s indicative generation plans, citing...
ISLAMABAD: The federal government has asked the governments of four provinces, Azad Jammu & Kashmir and Gilgit-Baltistan to implement building...
ISLAMABAD: MOL Pakistan, an operator and 10 per cent shareholder in Tal Block, Kohat, has finalised the sale of gas from the newly developed Razgir...
ISLAMABAD: The power sector regulator has asked the government to review Rs15.28 per unit taxes on electricity and the uniform consumer tariff that...
• CPPA seeks 63 paise per unit negative FCA in January against Rs1.14 in December • Govt seeks early tariff rebasing, changes in peak hours...
ISLAMABAD: Pakistan and the Asian Development Bank (ADB) on Tuesday signed an agreement to provide $200 million support to the country’s ailing...
ISLAMABAD: The government on Tuesday raised the prices of petrol and high-speed diesel (HSD) by 56 paise and Rs2.96 per litre, respectively,...
ISLAMABAD: The Pakistan Business Forum (PBF) has opposed restricting public facilities to ineligible citizens for not filing tax returns, saying...
ISLAMABAD: Owing to impact of oil prices in international market, the prices of high-speed diesel (HSD), kerosene and light diesel oil (LDO) are...
• PM forms body, led by finance minister, to examine fresh grants for govt servants • Govt employees seeking more compensation following increase...
ISLAMABAD: The debt stock of Khyber Pakhtunkhwa (KP) has surged by more than 28pc in a single year to almost Rs680 billion, resulting in...
ISLAMABAD: With system losses touching a record 16.16 per cent, the Oil and Gas Regulatory Authority (Ogra) on Friday notified up to 2.7pc...
ISLAMABAD: The government came under criticism during a meeting of a Senate panel on Thursday over the gas crisis, with speakers identifying poor...
ISLAMABAD: Based on a few datasets, the government claimed the effectiveness of its policies towards macroeconomic stability on Wednesday and...
ISLAMABAD: Reporting a second monthly growth in electricity demand of 6pc over last year, the public sector power companies have sought about...
ISLAMABAD: The Oil & Gas Regulatory Authority (Ogra) has asked the federal government to increase gas rates by up to 26pc to generate about...
ISLAMABAD: The Public Sector Development Programme (PSDP) expenditure in the first five months of the current fiscal year is struggling at 10.4pc...
ISLAMABAD: The government on Friday reduced the price of high speed diesel (HSD) and kept unchanged that of petrol for the next fortnight, ending...
• Petroleum minister criticises IMF deals as ‘against national interest, economic viability’ • Says fighting case with Fund, other lenders not...
• Minister says Discos will be unable to continue power supply unless outstanding amounts are paid • Sindh owes almost Rs60bn to suppliers...
ISLAMABAD: The government has yet to appoint any financial adviser for three power distribution companies (Discos) and two generation companies (...
• Gas prices rose 840pc, electricity by 110pc; rupee fell 43pc since 2019 • Sugar, wheat, palm oil, crude oil prices also saw major increases...
ISLAMABAD: Conceding almost a record five per cent interest rate on $7bn loan from the International Monetary Fund (IMF), the government said on...
• Fail to meet targets for new connections • Transmission, distribution losses mount despite loadshedding ISLAMABAD: The performance of...