Receivables of the country’s largest firm have gone beyond Rs253bn.
Dar’s involvement in the talks would be required to resolve some of the critical issues.
A major problem during the last quarter has been the government’s inability to deliver on the privatisation front.
Finance Minister Ishaq Dar is committed to the IMF for increase in gas prices.
ISLAMABAD: The government slightly reduced on Friday the prices of all petroleum products for the month of August...
Govt likely to keep fuel prices unchanged through increase in tax rates.
Karachi Electric unwilling to come to the negotiating table. CCI had decided to withdraw half of the 650MW supply to KE.
The finance ministry said trading right entitlement certificates should be protected until December 2017.
ISLAMABAD: The finance ministry has withheld a notification of an increase in special additional pension and certain...
Auditor General of Pakistan has unearthed a Rs520bn loss to the national kitty during audit year 2013-14.
Sharif constitutes an 11-member ministerial committee to take crucial decisions on behalf of the federal cabinet.
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) issued a show-cause notice to the K-Electric on...
Except for a brief period, Ogra has been functioning without a quorum for almost two years now.
Contingent liabilities have dropped from 0.6pc of GDP per year to 0.2pc since PML-N govt came to power.
Chairman says Wapda should not be blamed for failures in the power sector
Nepra says by not allowing 60 paisa per unit reduction, the power companies would be able to recover Rs5.11 billion.
Over 50 officers of four distribution companies suspended because of poor performance.
Meeting notes that most of 61 critical weaknesses of flood protection programme have not been addressed.
The companies and refineries have been asked by the govt to operate round the clock during Eid holidays except first day
Federal govt has gotten ‘silent’ approval from all the provinces to move forward with its plans to merge Nepra and Ogra.