Monitoring Report

Economy

Collectively, the government obtained loans of Rs1.36 trillion from commercial and central banks during FY18, registering a rise of 25 percent against Rs1.08 trillion in FY17.

Economy

Also, sources revealed the country’s external financing requirement would range from $25 to $27 billion for FY19 and they couldn’t be met alone with the assistance of China

Economy

Due to missing the revised revenue collection target of Rs3.935 trillion, the budget deficit could likely surpass 7 percent, although the final figure for FY18 is yet to be finalized

Economy

Total billing of discos amounted to Rs976.339 billion during the first ten months (July-April) FY18 and total receipts were recorded at Rs652.158 billion

Economy

In accordance with directives of the interim Punjab chief minister, Rizvi sent a letter to the federal finance minister asking for disbursement of the withheld share of the province, which was also highlighted during a meeting in Islamabad

Economy

The Punjab government is going to take the matter up with the State Bank of Pakistan (SBP) and the federal government

Headlines

K-Electric intended to invest Rs1.761 billion for the rehabilitation of unit I and II, out of which an amount of Rs1.522 billion has already been spent on their maintenance

Headlines

IESCO is accused of having made excessive and incorrect payments to contractors and auditors have recommended them to be recovered

Economy

According to figures of the State Bank of Pakistan (SBP), initial estimates for April 10th to June 30th reveal Pakistani’s paid $290 million in taxes on nearly $6 billion of declared assets

Headlines

This power project of Lucky Electric will be the first outside Thar district to be utilizing lignite mined by the Sindh Engro Coal Mining Company from Thar Block II besides having a backup of imported lignite coal

Economy

PML-N govt decided to finance commercial bank loans through a surcharge, Senate body told