It’s been a tough ride for global currencies so far this year, which have taken a beating against a strengthening… Read More
ECC Defers Procurement of New Tablets for the Cabinet
The Economic Coordination Committee (ECC) of the Cabinet has deferred the summary of the ministry of Information Technology with regard… Read More
Circular Debt Soars to Rs. 2.5 Trillion
The Senate Standing Committee on Power has been informed that the circular debt of the power sector has reached up… Read More
Operational Inefficiency of Power Plants Cost Power Consumers Rs. 24 Billion in FY22
System constraints and operation of inefficient power plants due to the unavailability of Liquefied Natural Gas (LNG) have resulted in… Read More
Power Consumers Charged Additional Rs. 97 Billion in FY22
The end power consumers have been burdened with an additional approximately Rs. 97 billion on account of the operation of… Read More
Capacity Payments to IPPs Increase by Rs. 107 Billion in FY22
The capacity payments to the Independent Power Producer (IPPs) have increased by Rs. 107 billion to Rs. 721 billion in… Read More
Finance Ministry Outlines Economic Challenges Pakistan Faces After Floods
Already confronting inflationary and external sector pressures, Pakistan’s economy is under severe economic and humanitarian crisis due to recent flash… Read More
Dar Asks IMF Mission Chief to Include Flood Damages in Next Review
Federal Minister for Finance & Revenue Senator Muhammad Ishaq Dar held a virtual meeting with International Monetary Fund’s (IMF) Mission… Read More
FCA for August Decreased by Only 20 Paise per Unit
National Electric Power Regulatory Authority (NEPRA) has announced a small amount for fuel cost adjustment (FCA) charges for the month… Read More
PM Shehbaz Formally Grants Approval for Establishment of 2,000 MW Solar Power Projects
Prime Minister Shehbaz Sharif has given in-principle approval for setting up 2000 MW solar power projects in the public sector.… Read More
ECC Likely to Upgrade Tablets Used in Cabinet Meetings
The Economic Coordination Committee (ECC) is likely to approve the replacement of National Radio and Telecommunication Corporation’s (NRTC) tablets, used… Read More
PM Shehbaz Demands Action Plan to Counter Potential Gas Crisis in Winter
Prime Minister Shahbaz Sharif has called on the concerned departments to formulate an action plan given the upcoming potential gas… Read More
