Monitoring Report

Economy

During the second phase, these projects will be considered for go-ahead by the appropriate Joint Working Group (JWP) during their meeting in March

Economy

According to sources, the Petroleum Division will table three options before the Economic Coordination Committee (ECC) to determine the destiny of previously shelved gas pipeline projects

Economy

Consequently, the tariff cut will be beneficial for the industry and enhance the country’s competitiveness in the global market besides reducing the cost of doing business

Economy

Last week, a report prepared by the Petroleum Division secretary was sent to Prime Minister Imran Khan stating the management of Sui gas companies was responsible for the gas crisis

Economy

Also, the Pakistani side was unable to finalize the feasibility studies of Quetta mass greater scheme and greater Peshawar mass transit circular rail project

Economy

Petroleum Division suggestion on Azerbaijan deal blocked by PPRA and Commerce Division

Economy

The government is mulling an increase in funding for agricultural research from existing 0.2% to 1%

Economy

The demand for cement manufacturers was projected to increase by 2.0 million tons, whilst coal-fired power plants would require 8 million tons by 2020

Economy

The suggested tax regime offers huge incentives to SME firms and offers to levy 20% income tax rate compared to 29% for the bigger entities in the tax year 2018

Economy

Totally, the federal government’s debt rose to Rs26.5 trillion, a net addition of Rs2.24 trillion in the first five months of current FY18-19 or higher by 9.2% when compared to figures in the previous FY17-18

Economy

According to a notification issued by the Ministry of Energy (MoE), the government has directed refineries to sign commercial agreements with power producers for using their capacity for furnace oil storage