Fuel cost adjustment hearing: power, but no power lines?
NTDC under fire for failure in laying transmission line to evacuate electricity from Thar coal-based power plants
Fiscal deficit to GDP reduced, but external financing still falling short
Fiscal deficit reduces to 2.3% of GDP during July-Jan FY23, down from 2.8% in same period of FY22
China rolls over $2b loan to Pakistan, Dar confirms
Formal confirmation of refinancing would be made after completion of process
China-Pakistan border to reopen on April 1
Trade to resume after three year suspension due to Covid-19 restrictions
Post Office yet to clear Rs8.8b to power utilities
Intervention from PM Office in clearing dues owed to DISCOs and K-Electric by Pakistan Post Office
ECC approves outsourcing operations of three airports
Process will be completed expeditiously by engaging a leading international financial institution
‘Pakistan awaits China’s decision on rollover of $2b loan that matured last week’
Support from friendly countries followed by IMF tranche would unblock flows cash from other multilateral agencies
AirSial expands into int’l market with direct flights to JeddahÂ
Company commences int'l operations two and a half years after entering local market
Pakistan Railways set to float tender allowing facilities to be utilised for advertisingÂ
Lahore railway station, certain crossings, and two rail carriages will be part of initial pilot programme as Pakistan Railway attempts to monetise infrastructureÂ
China spent $240b bailing out ‘BRI countries’ including Pakistan: report
Argentina received the most, with $111.8b, followed by Pakistan with $48.5b
IMF wants external financing commitments fulfilled to release funds, PM says
Lender wants Islamabad to explain fuel scheme before progressing any further
Packages posts 50% increase in revenue but profits remain stable
High financing cost due to rising interest rates held back the business giant’s profits
Smuggled/Counterfeit Drugs: Products of the collapsing pharmaceutical industry
The consequential unavailability of medicines can inevitably trigger a national health emergency
ECC defers price increase of 119 drugs
Industry’s demand of 38% increase in price shown red light by govtÂ
The govt is working out details of the cross subsidy, how much can beneficiaries expect to save?
Potential savings for beneficiaries lay in the range of 18% to 37% per month