Khawaja Asif says Chinese investment is ‘a good signal for foreign investors’
It is also planned to increase tax rates on high-end utility consumers and non-tax filers in the coming budget.
LNG not defined as natural gas just to bypass the legal requirement of public hearing by the regulator for its pricing.
Pakistan awards $1.5 billion contract for its largest solar power project of 900MW in Bahawalpur to a Chinese company.
Minister accuses some ‘hidden hands’, politicians of creating controversy
Senior govt official said a budget strategy paper had been finalised and would be presented to the cabinet for approval.
ISLAMABAD: Pakistan and China signed on Monday agreements worth $28 billion to immediately kick-start ‘early...
The bill regulating credit bureaus has been referred to the upper house of parliament after its examination ...
Economic corridor among projects that will be kick-started by the long-awaited visit
Agreements worth $50bn expected to be signed during Chinese president’s visit.
Nepra approves an average tariff, for 30 years, of Rs11.3 per unit for the 425MW Nandipur Power Project.
Legal vacuum surrounds the sale of around 140,000 tonnes of imported LNG to a few bulk consumers.
Govt firmed up LNG price for IPPs as a proposed agreement with the transport sector ran into trouble at the last moment.
Challenging security conditions can impact economic activity, discourage investment and undermine fiscal consolidation.
Govt’s project of importingLNG has revealed a number of legal, logistical and operational issues.
Nepra approved an average tariff applicable for 30 years of 7.24 cents per unit for the Kohala Hydropower Project.
Economic Coordination Committee also extended 20-year tax holiday to Gwadar Port for three more years to 23 years.
The reduction was made on account of monthly fuel price adjustment to be passed on to consumers in May.
Govt suspended subsidy on sugar through USC outlets in April last year when oversupply brought down retail prices.
Dar said recent difficulties and oil-indexed decline in gas prices delayed first gas price notification of fiscal year.