HeadlinesRs4.5 billion refund likely for power consumers in September bills
Discos proposes a reduction in the fuel cost adjustment (FCA) by 31 paise per unit
Aug 17, 2024
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Headlines
HeadlinesFederal government debt soars to Rs68.9 trillion in FY24
SBP data shows govt paid $16.94 billion in debt servicing during FY2023-24
Aug 16, 2024
HeadlinesPakistan seeks UAE investment in five mineral projects
Country targets development of copper and gold mines in Balochistan, Waziristan, and Gwadar
Aug 15, 2024
EconomyGovt borrowing from banks drops 78% in first month of FY2024-25
Some relief on the domestic debt servicing burden as bank borrowing recorded Rs 145 billion
Aug 15, 2024
HeadlinesSIFC pushes SBP, FBR to curb grey currency market
Council also urges FBR restructuring, including policy board reconstitution and separating Customs from Inland Revenue operations
Aug 15, 2024
HeadlinesWorld Bank flags delays in NTDC contract approvals, warns of project risks
Concerns raised over potential implementation delays and legal risks due to prolonged approval processes in Pakistan's National Transmission Modernisation Project.
Aug 15, 2024
HeadlinesPIA faces over Rs21 billion loss due to prolonged aircraft grounding
Audit report exposes high operational and financial setbacks linked to delayed maintenance and administrative negligence at the national airline
Aug 15, 2024
HeadlinesMcKinsey reports progress on data sharing to identify non-filers, tax evaders
Aug 14, 2024
HeadlinesCabinet orders review to classify SOEs as essential or strategic
Aug 14, 2024
HeadlinesGovt faces scrutiny over $8 billion Pakistan Sovereign Wealth Fund
Uncertainty looms over the future of wealth fund as lawmakers and international lenders question its role and clarity
Aug 14, 2024
HeadlinesNEPRA flags Rs596 billion in losses due to Discos’ inefficiencies
Transmission and distribution losses rise to 18.31% in FY24, resulting in Rs276 billion addition to the circular debt
Aug 14, 2024
HeadlinesPilot licences not sole reason for PIA's EU ban: Senate committee
Aug 13, 2024