ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a reduction of Rs32.12 per litre in diesel prices while keeping petrol rates unchanged for the week ending April 24, passing on the impact ...
ISLAMABAD: A day after receiving $2 billion in assistance from Saudi Arabia, the government on Friday announced it had raised $500 million from the international capital market through a Eurobond afte...
• Duration nearly three times more than what was announced earlier• Minister cites LNG import disruption, Middle East crisis as key factors• Shortfall estimated at 3,400MW• Demand spikes from ...
ISLAMABAD: Projecting Pakistan’s fiscal deficit at around 3.2 per cent of the gross domestic product (GDP) and a slightly declining primary surplus from 2.5pc, the International Monetary Fund (IMF) ...
ISLAMABAD: The government on Wednesday apologised to power consumers for higher than promised “load management” arising out of lower water availability for power generation. In a statement, the Po...
ISLAMABAD: Amid fuel constraints, the government on Tuesday formally announced more than two hours of daily loadshedding “during peak hours” to prevent a sharp increase in electricity tariffs. How...
ISLAMABAD: Amid fuel constraints, the government on Tuesday formally announced more than two hours of daily loadshedding “during peak hours” to prevent a sharp increase in electricity tariffs. “...
ISLAMABAD: Fitch Ratings, one of the world’s top three agencies, on Monday affirmed Pakistan’s long-term foreign currency issuer default rating (IDR) at ‘B-’ with a “stable outlook”. “Pa...
• Govt mulls diversion from households, CNG and fertiliser• Minister warns unless additional gas diverted, tariffs may rise sharply or result in massive loadshedding ISLAMABAD: Domestic natural ga...
ISLAMABAD: Prime Minister Shehbaz Sharif on Friday announced a Rs135 per litre cut in diesel and Rs12 per litre in petrol prices for the week ending April 17 to pass on the impact of ease in global pr...