ISLAMABAD: The United Kingdom’s Department for International Development (DFID) will provide up to 200 million...
Nepra approved a Rs1.02 per unit reduction in electricity tariff for next month due to a decline in fuel prices.
“The govt should have disbursed about Rs405bn by now had it followed its own disbursement mechanism,” an official says.
IMF is expected to take up the issue with Pakistan during third quarterly review of the $6.78 billion bailout package.
Govt will seek a national consensus on what action to take against Taliban if talks with the TTP failed, said Dar.
An across-the-board reduction in expenditure may seem expedient, but should be avoided because it is neither
WASHINGTON: The International Monetary Fund (IMF) has welcomed Pakistan’s successful launch of $2 billion Eurobond...
IMF is expecting increasing revenues and declining fiscal deficits and debt ratios in Pakistan over the next few years.
Unemployment rate will rise from 6.7pc last year to 6.9pc this year and 7.2pc next year.
Apart from financial losses to be caused by the project, over 250 staff working at the power plant were at risk.
Govt has now decided to set up Public Utility Courts for speedy disposal of cases related to electricity, gas theft.
Higher rate of return was offered as a one-time incentive for six years to encourage investment in coal-fired plants.
Now, the electricity tariff will become uniform across the country and reduce govt subsidy by about Rs20 billion,
Govt orders confiscation of illegally imported hazardous substances,puts 7 authorised importers under strict monitoring.
Prices were reduced on the recommendations of Ogra after a meeting between PM Nawaz Sharif, Finance Minister Ishaq Dar.
For the first time in about two decades, there will be no water shortage during Kharif season starting from this month.
Govt plans to raise additional revenues of Rs235 billion through increases in electricity and gas tariff in next budget.
Govt requested non-compliance waivers on two criteria within 6 months after introducing reforms in 2013-14 budget.
FBR has been asked to take legal action against the importers concerned and customs officials involved.
The Rs486 billion phase of the Dasu Project was cleared to pave the way for approval of a $700 million loan by the WB.