All 47 independent power producers (IPPs), who had signed memorandums of understanding (MOUs) with the Federal Government in August 2020,… Read More
Overseas Pakistanis Sent $400 Million Through Roshan Digital Accounts in Four Months
Foreign exchange inflows through the Roshan Digital Accounts (RDAs) have reached $400 million within four months, the State Bank of… Read More
Debt Servicing Lead Budget Deficit to Soar up to Rs. 1.4 Trillion
The federal budget deficit shot up to Rs. 1.4 trillion during the first half of the current fiscal year, clocking… Read More
Rupee Gains Big Against All Currencies on Yet Another Tuesday
Repeating the trend from last week, the Pakistani Rupee (PKR) opened the week with an almost blanket loss against most… Read More
HUBCO and CPPA Enter an Agreement for Payment of Overdue Receivables
The Hub Power Company Limited (HUBCO) and the Central Power Purchasing Agency [CPPA] (Guarantee) Limited (Power Purchaser) have initialed an… Read More
11% Increase in Oil Sales Recorded From July to January
Pakistan’s total oil sales rose by 11 percent to 11.27 million tons during the first seven months of the fiscal… Read More
Pakistan’s Exports Remain Above $2 Billion for Four Consecutive Months
Pakistan’s exports have remained above $2 billion for four consecutive months, Adviser to Prime Minister on Commerce and Investment, Abdul… Read More
Rupee Begins the Week With Big Losses Against All Currencies
Pakistani Rupee (PKR) has started the week with an almost blanket loss against most major currencies in the international currency… Read More
KAPCO Joins the List of IPPs to Sign Agreements with CPPA
Kot Addu Power Company Limited (KAPCO) and the Central Power Purchasing Agency Limited (CPPA) have initialed a Master Agreement and an… Read More
6 IPPs That Made Rs. 53 Billion in Extra Profit to be Taken to Local Arbitration Court
The contentious issue of excess profits by six independent power producers (IPPs) has led the government to consider the formation… Read More
Rupee Reports Minor Losses Against Most Currencies
Pakistani Rupee (PKR) has been volatile since the beginning of the current week. On Monday, PKR lost against several major… Read More
FBR Issues Detailed New Procedure for Monitoring Cross-Border Movement of Cargo
The Federal Board of Revenue (FBR) has issued a new procedure for the customs officials, Frontier Constabulary (FC), and terminal… Read More
