The SSGC has been reluctant to enhance gas supply to KE until resolution of issues relating to Rs80 billion receivables.
Fiscal deficit for the current year is estimated at 5.5pc of GDP — higher than the budgeted target of 4.1pc.
Development spending to be cut, focus on salaries, defence, subsidies and debt service in 2018-19.
President OICCI urges the government to ensure predictable tax policies in the upcoming budget.
Also asks govt to increase KE’s gas supply to 190mmcfd to ease public suffering.
Proposes lesser allocations for power, CPEC-related projects.
Pakistan’s economy has accomplished a decent growth rate of 5.79pc — highest in 13 years.
Power scheme is designed to divert water from the Neelum River to the power station on the Jhelum River.
The ECC meeting, led by PM Abbasi, diverts the funds a day after the ECP imposed a ban on diversion of funds.
High manganese content in petrol being sold in Pakistan is causing health hazard and engine problems, say automakers.
Overall oil demand is to increase by about 18pc despite an estimated 65pc fall in furnace oil needs by 2021-22.
Regulator takes notice of prolonged, unscheduled outages in Karachi.
The oil industry demands the govt to issue a formal notification of agreement on fee structure reached in June, 2017.
To allow the rich to declare their illegal assets, at a negligible tax rate means that their compatriots will keep
Ordinances have been promulgated for the implementation of PM Abbasi's ERP amnesty scheme.
ISLAMABAD: Amid slowing concessional funding from China, the Planning Commission has asked the government to make...
PM declines to comment if he had discussed package with CJP or the army chief, and political parties.
Authorities urge the WB to "recognise its responsibility" and ensure India abides by provisions of the 1960 treaty.
Country likely to suffer during summer as energy needs could peak at 26,000MW against total power capacity of 22,000MW.
Alleged that KE defaulted in payments of bills and has to settle arrears to the tune of Rs80 billion.