• CCoE approves pilot wheeling auction under Competitive Trading Bilateral Contract Model• 800MW to be auctioned for five years; volumes may rise after trial phase• Indicative wheeling charge pu...
• IT minister says process to improve 3G and 4G services, pave way for 5G launch• Claims 245m Pakistanis ‘making do’ with 274MHz, compared to 600MHz available in Bangladesh• ECC approves ove...
ISLAMABAD: Inflow of foreign loans and grants to Pakistan increased 14 per cent to $3.032 billion in the first five months (July-November) of the current fiscal year compared to $2.667bn, mainly on th...
ISLAMABAD: Pakistan Business Forum (PBF) on Monday sought Prime Minister Shehbaz Sharif’s urgent intervention for revival of business confidence and Pakistan’s economic competitiveness. In a le...
ISLAMABAD: With a 1.4 percentage-point increase in the tax-to-GDP ratio last year, mostly through additional revenue measures worth Rs2.5 trillion, the International Monetary Fund (IMF) now expects th...
• Govt withdraws ban on drawing pension, salary upon re-employment• Finance ministry cites ‘recruitment difficulties’ in commissions, tribunals ISLAMABAD: In a major policy reversal amid a sli...
• Govt rations funds to meet IMF’s contingency measures for growing revenue shortfall• Health, energy allocations mostly unspent; better used in foreign-funded projects ISLAMABAD: Development ...
ISLAMABAD: Pakistan on Wednesday sought substantive additional debt from the Asian Development Bank (ADB) to payoff remaining Rs1.7 trillion circular debt and refinance part of recently acquired Rs1.2...
The government on Monday decreased the high-speed diesel (HSD) price by Rs14 and kept the petrol price unchanged for the fortnight ending December 31, owing to favourable international market prices. ...
The government on Monday decreased the high-speed diesel (HSD) price by Rs14 and kept the petrol price unchanged for the fortnight ending December 31, owing to favourable international market prices. ...