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Khaleeq Kiani

Khaleeq Kiani

Dawn Business

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Economic Coordination Committee approves 400,000 tonnes increase in wheat procurement target

ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet on Tuesday approved 400,000 tonnes of additional wheat procurement by the Centre,...

latest 10

Dawn Business

Khaleeq Kiani

Provinces unlikely to deliver promised Rs600bn to Centre

ISLAMABAD: While the markup and dividend earnings of the federal government from the state-owned enterprises (SOEs) more than doubled in the first...

previous day 50

Dawn Business

Khaleeq Kiani

K-Electric seeks Rs3.84 per unit base tariff hike for seven years

• Nepra admits petition for hearing, asks stakeholders for their views within seven days ISLAMABAD: Based on the Rs392 billion investment plan it...

04.05.2024 30

Dawn Business

Khaleeq Kiani

Govt hints at 27pc hike in PSDP

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...

03.05.2024 10

Dawn Business

Khaleeq Kiani

Intel report says smuggled Iranian oil causing loss to national exchequer

The report says around 2.4 million people in Balochistan depend on smuggled Iranian oil for their livelihood.—Dawn/file • Intelligence report...

02.05.2024 60

Dawn Business

Khaleeq Kiani

Fiscal gap widens with surging markup payments

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...

01.05.2024 30

Dawn Business

Khaleeq Kiani

Govt striving to clear $2bn Chinese IPPs dues

ISLAMABAD: With payables touching almost Rs550 billion ($1.98bn), the government is contemplating finalising a schedule of payments to Chinese...

01.05.2024 40

Dawn Business

Khaleeq Kiani

Govt tightens financial management

ISLAMABAD: The federal government has announced stringent financial rules for all government entities, including ministries, divisions, departments,...

30.04.2024 50

Dawn Business

Khaleeq Kiani

KE eyes Rs19 per unit hike to clear backlog

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...

30.04.2024 40

Dawn Business

Khaleeq Kiani

Govt to appoint ‘technical experts’ on special packages

ISLAMABAD: While simultaneously working on proposals for expenditure control, the government is ready to hire around one and a half dozen technical...

29.04.2024 20

Dawn Business

Khaleeq Kiani

Weekly inflation rises 27pc

ISLAMABAD: The unprecedented gas price shock and some essential eatables led to an increase in short-term inflation, measured by the Sensitive Price...

27.04.2024 30

Dawn Business

Khaleeq Kiani

Regulator gently chides Discos for ‘inefficiencies’

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday criticised the power companies for inefficiencies and the use of...

27.04.2024 20

Dawn Business

Khaleeq Kiani

Govt plans urea imports to ensure price stability

ISLAMABAD: Amid continuously rising domestic prices, the government on Thursday decided to import at least 200,000 tonnes of urea to meet ongoing...

26.04.2024 10

Dawn Business

Khaleeq Kiani

FBR, interior ministry told to crack down on rampant oil smuggling

ISLAMABAD: Amid supply chain challenges leading to the closure of refining units and storage constraints, the government has asked the Mini­stry of...

26.04.2024 40

Dawn Business

Khaleeq Kiani

Regulator approves Rs392bn investment plan for K-Electric

ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday approved a Rs392 billion investment plan for K-Electric’s...

25.04.2024 30

Dawn Business

Khaleeq Kiani

Foreign loan target missed amid major slippages

• Pakistan receives $9.8bn in July-March, against annual target of $17.4bn • Low inflows mainly due to adverse global environment, poor credit...

24.04.2024 80

Dawn Business

Khaleeq Kiani

Refineries oppose Ogra’s pricing deregulation model

ISLAMABAD: Strongly opposing the petroleum pricing deregulation model suggested by the Oil and Gas Regulatory Authority (Ogra), the oil refineries...

23.04.2024 40

Dawn Business

Khaleeq Kiani

Ministries, divisions ordered to return surplus funds by May 15

ISLAMABAD: In the run-up to the finalisation of the federal budget for 2024-25, the Ministry of Finance has asked all ministries, divisions,...

22.04.2024 10

Dawn Business

Khaleeq Kiani

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...

20.04.2024 30

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...

19.04.2024 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 ...

19.04.2024 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...

18.04.2024 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 20

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 40

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 40

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

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