The National Electric Power Regulatory Authority (NEPRA) will hold a public hearing to determine the uniform base tariff hike of… Read More
ECNEC to Consider Rs. 350 Billion Road Construction Projects Today
The Executive Committee of the National Economic Council (ECNEC) will consider three projects worth approximately Rs. 350 billion, including the… Read More
ADB Pakistan’s Largest Financier of Development Projects in FY22
The Asian Development Bank (ADB) has emerged as the top financier of Pakistan with a share of 39 percent loans… Read More
Govt Gets Mixed Response from Refineries on Russian Crude Oil
The government has received responses from a number of local refineries for buying oil from Russia after it invited suggestions… Read More
Govt Tables 68 Unapproved Projects for Inclusion in PSDP 2022-23
Ignoring approved projects, the government has proposed 68 unapproved projects with an estimated cost of around Rs. 450 billion for… Read More
Govt Appoints Amir Fida Paracha as MD Pakistan Bait ul Mal
The Federal government has appointed Amir Fida Paracha as the new Managing Director of Pakistan Bait-ul-Mal. The cabinet through circulation… Read More
Outrageous Price Forces Pakistan to Scrap Purchase Bid for LNG Cargo
The government has decided to scrap the most expensive LNG spot purchase bid of $39.8/MMBtu for the month of July… Read More
Anomaly Committees File Reports to Finance Minister on Budget 2022-23
The Anomaly Committees of the Federal Board of Revenue (FBR) have submitted their reports to Finance Minister Miftah Ismail to rectify anomalies in the Finance… Read More
Only One Supplier Responds to Pakistan Tender for Supply of 54,000MT Petrol
Only one supplier has responded to the Pakistan State Oil (PSO) tender for the supply of 54,000 metric tons (MT)… Read More
Pakistan and IMF Inch Closer to Strike Deal Over Bailout Revival
In a major breakthrough, Pakistan on Tuesday reached an agreement with the International Monetary Fund (IMF) on the budget for… Read More
Govt to Acquire Rs. 827 Billion External Financing for Diamer-Bhasha Project
The Government of Pakistan will acquire financing of Rs. 827 billion from various donor agencies and banks for establishing 4,500… Read More
Govt to Increase Base Electricity Tariff to Rs. 29.03 Per Unit for Next Fiscal Year
The government is all set to increase the base power tariff by Rs. 9.254 per unit, taking the base tariff… Read More
WAPDA to Pay Rs. 48 Billion Interest on Construction of Chashma Project
The Water and Power Development Authority (WAPDA) will pay Rs 48.1 billion for Interest During Construction (IDC) of the Chashma… Read More
Govt Considering Increasing Tax on Earnings from YouTube and TikTok
The government is likely to end income tax exemptions in the upcoming budget under the strict demands of the International… Read More
Pakistan’s Investment to GDP Ratio Soars to 15.1%
Pakistan’s investment-to-GDP ratio has increased from 14.6 percent of GDP in 2020-21 to 15.1 percent during the ongoing fiscal year.… Read More
