Dear reader, online ads enable us to deliver the journalism you value. Please support us by taking a moment to
AGP finds Rs1.3tr irregularities in power sector
Says cost overruns caused by poor management are a major issue.
Khaleeq Kiani
15 projects worth Rs43bn approved
The CDWP recommends to the Ecnec to approve three more projects involving a total cost of Rs30.6bn.
Can Abbasi leave a lasting impression?
In meetings on economic matters, Abbasi impresses with his interest in the minute details of socio-economic areas.
Govt breaks the bank for MNAs’ uplift schemes
Full Rs30bn earmarked for parliamentarians’ areas released in one go; no spending on energy, water projects under PSDP.
Rs1.71 reduction in power tariff likely next month
K-Electric consumers to get no benefit.
Punjab gets lion’s share in reconstituted CCI
Balochistan, KP lose one member each as PM Abbasi reconstitutes council.
Govt mulls surcharge to boost POL storage capacity
Current infrastructure for petrol reserves is significantly lower than required level
Retired bureaucrat appointed Auditor General of Pakistan
Ministry notifies appointment of Javaid Jehangir, a former grade-22 officer of PAAS, as AGP.
Profit margins of oil companies, dealers likely to go up
Oil industry lobbies govt for early decision on higher profit margins on the sale of petrol, HSD in line with inflation.
Ogra cuts rate for Sui Southern gas by Rs10 per unit
Ogra determines the average prescribed price at Rs358.3 per unit to achieve around Rs146.13bn in revenue.
Dar removed as head of all key economic committees
Move restores control over ministries and divisions to PM Office
Abbasi cracks the whip as loadshedding returns
The govt faces the tough task of reducing energy shortfall which exceeds 5,000MW
Circular debt touches Rs800bn: Pepco
Overall recoveries had crossed 93pc consecutively in fiscal years 2015, 2016, ECC informed.
New PM’s quest for wider tax base
With slippages on non-tax revenue and lower than targeted collection.
Karachi ports facing extreme congestion
Government advised to build a new terminal at Port Qasim.
Power consumers to pay security cost of CPEC projects
Nepra rejects stakeholders’ contention that security is state’s responsibility.
Parameters of renewable, hydropower generation costs to be revised
Regulator proposes a ‘competitive’ change in tariff structure for the benefit of consumers.
Govt increases sales tax on petrol, diesel
Officials of petroleum ministry were opposed to the rate hike.
Moody’s expresses fears about continuity of policies
Implementation of CPEC likely to be slow, says rating agency
Petroleum products prices to remain unchanged in August
Bureaucrats have a hard time arriving at a decision in the absence of political leadership.