Stories by Khaleeq Kiani

Fiscal surplus shrinks 40pc as revenues decline

Primary surplus drops to 2.1pc of GDP from 2.8pc last year; revenue falls despite higher tax collections; interest payments jump 23pc.

Published 14 Nov, 2026 05:26am

Showcase event yields over dozen mineral deals

• PM urges investors to develop domestic processing, refining industries • CDF assures security for mining projects, workers, investors • FWO finds 350m tonnes of copper in Chagai district • Barrick explores investment in mineral processing facilities in Karachi, Gwadar

Published 14 Nov, 2026 05:26am

Copper, gold deposits identified at eight sites in Balochistan’s Chagai district: mining company

The discoveries cover 5.6 square kilometres in Darigwan, adjoining NRL’s earlier discovery at the Tang Kaur copper-gold porphyry system.

Published 13 Nov, 2026 03:19pm

Industry gets costlier incremental power

Nepra notifies Rs25.30 per unit revised special tariff despite consumer concerns

Published 13 Nov, 2026 06:59am

Pakistan pitches mineral wealth to global investors

Dar pledges predictable policies, institutional support to attract mining investment; forum draws delegations from 60 countries.

Published 13 Nov, 2026 06:58am

Nepra notifies Rs25.30 per unit revised special industrial tariff despite concerns

Nepra chairman uses special casting vote to approve revised incremental consumption package while endorsing positions taken by dissenting members.

Published 12 Nov, 2026 07:36pm

Govt pays $3.23bn in interest on foreign debt

Total external public debt stands at $98.07bn.

Published 12 Nov, 2026 06:48am

ADB approves $500m loan to strengthen disaster preparedness

Funds to provide prompt budget support in the wake of disasters

Published 12 Nov, 2026 06:47am

Asian Development Bank approves $500m loan to help Pakistan strengthen disaster preparedness

Contingent disaster financing facilities to provide prompt budget support following eligible disaster events to help reduce resulting economic and fiscal impacts.

Published 11 Nov, 2026 02:57pm

Development spending stalls despite surplus

Ministries, divisions utilise just Rs103.87bn in July-October against Rs1tr allocation.

Published 11 Nov, 2026 06:28am

Industrialists demand third-party audit for power sector data verification

Top-level intervention sought to avoid ICP burden on all power consumers.

Published 09 Nov, 2026 06:36am

Offshore exploration set to begin after decades

Turkish seismic vessel due in Karachi this month to find oil and gas

Published 07 Nov, 2026 05:04am

Nepra raises special industrial tariff to Rs25.30 per unit, despite dissent

Two members oppose revision, saying actual marginal cost stands at Rs31.83/unit; power regulator warns of package suspension and legal action over missed deadlines.

Updated 07 Nov, 2026 10:17pm

Turkish vessel to arrive in Karachi between Nov 17-20 to begin offshore oil, gas exploration

Petroleum Division says development marks the revival of Pakistan’s offshore exploration efforts after nearly two decades.

Updated 06 Nov, 2026 08:06pm

Govt ‘wastes’ Rs3.5tr yearly on energy imports

Experts cite mismanagement, delayed building codes and ignored local manufacturing as key reasons.

Published 06 Nov, 2026 06:59am

Country’s external debt nearly doubles in a decade

World Bank’s global debt report shows figure climbed from $68.7bn in 2015 to $135.1bn in 2025; China remains Pakistan’s largest single creditor.

Published 06 Nov, 2026 06:58am

Economic Coordination Committee clears Rs380bn grants

Approves Rs275bn for five water projects, Rs84bn for armed forces.

Updated 10 Nov, 2026 11:12pm

Riyadh rolls over $3bn as prospects of $10bn US facility wane

Finance minister says proposed US facility not essential, would provide additional support if secured; Saudi facility extended for "reasonable period".

Published 05 Nov, 2026 07:00am

Govt unveils LPG policy as power costs set to rise

Government plans subsidised LPG at Rs300-500 per kg for BISP-eligible consumers.

Updated 04 Nov, 2026 07:53am

Refinery profit cut to shield public from petrol shock

• Petroleum minister says refiners will absorb Rs15bn, contribute about Rs50 per litre to levy for 30 days to avert Rs15 hike

Published 03 Nov, 2026 07:13am