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Khaleeq KianiDawn Business |
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 400,000 tonnes of additional wheat procurement by the Centre,...
ISLAMABAD: While the markup and dividend earnings of the federal government from the state-owned enterprises (SOEs) more than doubled in the first...
• Nepra admits petition for hearing, asks stakeholders for their views within seven days ISLAMABAD: Based on the Rs392 billion investment plan it...
ISLAMABAD: Hinting at calling the 13th Joint Cooperation Committee (JCC) of the CPEC to meet on May 22-23, the government is expected to increase by...
The report says around 2.4 million people in Balochistan depend on smuggled Iranian oil for their livelihood.—Dawn/file • Intelligence report...
ISLAMABAD: With the country’s fiscal deficit widening to 3.7 per cent of GDP in the first nine months of FY24, the Ministry of Finance (MoF) on...
ISLAMABAD: With payables touching almost Rs550 billion ($1.98bn), the government is contemplating finalising a schedule of payments to Chinese...
ISLAMABAD: The federal government has announced stringent financial rules for all government entities, including ministries, divisions, departments,...
ISLAMABAD: The Karachi-based K-Electric has sought approval to charge up to Rs18.6 per unit additional fuel cost from power consumers at an average...
ISLAMABAD: While simultaneously working on proposals for expenditure control, the government is ready to hire around one and a half dozen technical...
ISLAMABAD: The unprecedented gas price shock and some essential eatables led to an increase in short-term inflation, measured by the Sensitive Price...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday criticised the power companies for inefficiencies and the use of...
ISLAMABAD: Amid continuously rising domestic prices, the government on Thursday decided to import at least 200,000 tonnes of urea to meet ongoing...
ISLAMABAD: Amid supply chain challenges leading to the closure of refining units and storage constraints, the government has asked the Ministry of...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday approved a Rs392 billion investment plan for K-Electric’s...
• Pakistan receives $9.8bn in July-March, against annual target of $17.4bn • Low inflows mainly due to adverse global environment, poor credit...
ISLAMABAD: Strongly opposing the petroleum pricing deregulation model suggested by the Oil and Gas Regulatory Authority (Ogra), the oil refineries...
ISLAMABAD: In the run-up to the finalisation of the federal budget for 2024-25, the Ministry of Finance has asked all ministries, divisions,...
ISLAMABAD: Amid warnings about supply chain challenges and retail prices increasing by up to Rs27 per litre in Gilgit-Baltistan, the major oil...
• Power minister vows decisive action against complicit staff, officers • Hints at reviewing power rates for solar, industrial consumers to...
• Hastens process amid rise in smuggling, complaints from oil industry • Move may help shift brunt of public criticism to oil marketing companies ...
ISLAMABAD: Projecting stagnant tax-to-GDP ratios over the next five years, the International Monetary Fund (IMF) on Wednesday estimated Pakistan’s...
ISLAMABAD: Notwithstanding a relatively better global outlook, the International Monetary Fund (IMF) on Tuesday maintained Pakistan’s economic...
Since its commissioning in 2018, the Neelum-Jhelum project has generated 19.829 billion units of electricity.—Courtesy Wapda ISLAMABAD: The...
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...
ISLAMABAD: Consumers will pay Rs4.92 per unit extra next month for electricity consumed in February, after the power regulator approved the hike as...
• Stresses need for national fiscal policy by aligning federal, provincial spending • Urges govt to effectively tax agriculture, capital gains and...
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has failed to approve a clear-cut cash credit limit to the provinces and other...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Thursday imposed a fine of Rs50 million each on five power distribution...
ISLAMABAD: Despite massive repetitive price shocks to consumers and countrywide drive against theft and billing defaults, the World Bank has found...
ISLAMABAD: The Pakistan Institute of Development Economics (Pide), a state-owned think tank, has asked the government to shift gear from...
ISLAMABAD: With an anticipated higher-than-normal temperature and an almost 31 per cent lower-than-usual snow bank, major crops in kharif...
ISLAMABAD: The Pakistan Institute of Development Economics (Pide), a state-owned think tank, has asked the government to shift gear from...
ISLAMABAD: As development spending continued to falter in the first eight months of the current fiscal year, successive governments kept doling out...
ISLAMABAD: On its way to missing targets in the current financial year, Pakistan’s biggest challenge now is fiscal consolidation and reforms amid a...
ISLAMABAD: On its way to missing targets in the current financial year, Pakistan’s biggest challenge now is fiscal consolidation and reforms amid a...
ISLAMABAD: Pakistan could face up to 30-35 per cent water shortages during the upcoming kharif cropping season starting April 1. This could negatively...
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...
ISLAMABAD: Flabbergasted by the non-compliance of its orders and the rising fuel costs, the National Electric Power Regulatory Authority (Nepra) on...
ISLAMABAD: After drying up the provincial project financing from the national kitty in January, the federal government is pushing financing of...
ISLAMABAD: The state of affairs at the National Energy Efficiency and Conservation Authority (Neeca) has become a true depiction of the country’s...
ISLAMABAD: The newly elected government has decided to seek exemption from potential US sanctions against Pakistani entities to be involved in...
ISLAMABAD: The increasing scale of smuggling of petroleum products has brought the country’s oil supply chain — from import to refineries and from...
ISLAMABAD: Just before the end of its tenure, the caretaker government allowed a cost escalation of about 30pc to “ongoing contracts” of hundreds...
ISLAMABAD: Just before the end of its tenure, the caretaker government allowed a cost escalation of about 30pc to “ongoing contracts” of hundreds...
ISLAMABAD: Claiming over Rs130 billion stuck up funds against exchange rate and sales tax refunds, the country’s oil industry has asked the...
ISLAMABAD: Pakistan authorities could materialise about $6.68 billion in foreign economic assistance (FEA) in the first eight months of the current...
• Three-year programme to focus on strengthening public finances, restoring energy sector’s viability, returning inflation to target • $1.1bn...
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...
ISLAMABAD: Continuing with perpetual electricity price shocks suppressing demand, the Central Power Purchasing Agency (CPPA) has sought about Rs5 per...