Lack of LNG import causes Rs12bn loss to Pakistan in six months
Sources say influential furnace oil lobby has been holding sway over the entire power division
Pakistan PM Khan, in search of loans, to visit China next week
On Wednesday, Khan said Pakistan was also in discussions with two “friendly nations” for more loans, with analysts saying one of those countries was China
Govt holds NEPRA responsible for power tariff hike
Finance Minister Umar says tariff increase will generate additional Rs130bn, will not affect 70pc consumers
Asserts no conditions attached to Saudi bailout,...
FIA report says lackadaisical attitude could cost Pakistan dearly with FATF
FIA has told the prime minister that due to a poor response of the departments linked to APG, the position was bleak for Pakistan and is presently in jeopardy of being moved into the blacklist category
Govt removes stipulation permitting non-filer overseas Pakistani’s to purchase property
The government issued a circular disclosing the stipulation on purchase/transfer of property having a value over Rs5 million by non-filers was not applicable to legal heirs procuring property via inheritance
Govt raises power rates a day after Saudi bailout
ECC approves increase in tariff for consumers using more than 300 units, allows five per cent decrease in electricity rates for...
Rupee sharply regains Rs1.92 against greenback in inter-bank market
The rupee has been depreciated five times against the greenback since December 2017, which has seen the local currency losing a cumulative 27% of its value against the greenback
Pakistan to go for IMF bailout, despite $6 billion Saudi Arabia support package: Report
In a comment to Bloomberg, Finance Ministry spokesman Noor Ahmed on Wednesday said an IMF programme will help boost discipline in the economy
Master group wins bid to setup 99MW hydropower project
According to Pedo, the bid submitted by Masters Textile Limited and CHEC was greatly responsive in respect of “completeness, competitiveness, reasonableness and has the lowest rank"
Global MBA rankings: a Pakistani perspective
Profit’s inaugural guide for Pakistani professionals and students looking to launch a global career with a foreign MBA
Naya Pakistan Housing: pipe dream or bold vision?
Experts weigh in on the feasibility of the government’s target of building 5 million homes in the country over the next five years
Eighteen: How an Egyptian company is building a new $2 billion Islamabad suburb
Orascom’s real estate arm believes there is a large enough market for Pakistanis who want to live the suburban life around the nation’s capital
ECC likely to increase electricity tariff by Rs3.81 per unit
Consumers will have to bear an additional burden of about Rs406 billion
ISLAMABAD: The Economic Coordination Committee (ECC) has decided to go ahead...
Dearth of economic experts in Finance Ministry irks PM
‘There is not a single ministry official who holds a PhD degree in the field of economics and finance’
‘Secretaries have...
Pakistan won’t need IMF again, Umar claims
–Finance minister says govt trying to bridge $12bn financing gap through policies, bailout programme
–Says economy improving as exports have increased, imports are...