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• Recommends measures to prevent construction near waterways, forests • Seeks plans for energy-efficient buildings in urban, rural areas •...
ISLAMABAD: To meet a structural benchmark set by the International Monetary Fund (IMF), the Ministry of Planning and Development has released policy...
• Costs reduced through termination of contracts; tariff revision of bagasse and thermal plants • Talks in progress with 45 public sector power...
ISLAMABAD: The All Pakistan Petroleum Dealers Association (APPDA) on Sunday threatened a nationwide strike in protest against the government’s...
• Fund’s team to engage with key ministries, FBR, disaster agencies, provincial govts • Policy review to follow next week to assess govt’s...
ISLAMABAD: The government has extended the contract of Oil and Gas Regulatory Authority (Ogra) chairman Masroor Khan for a year, effective Feb 23,...
ISLAMABAD: The Central Development Working Party (CDWP) cleared 15 development projects on Friday, with an estimated cost of Rs69.275bn. While...
ISLAMABAD: The Central Monitoring Unit (CMU) of the federal government has deplored disproportionate presence of non-professional and non-independent...
ISLAMABAD: The Ministry of Finance (MoF) on Wednesday reported the aggregate losses of the state-owned enterprises (SOEs) at Rs851 billion during...
ISLAMABAD: Amid a 66 per cent plunge in foreign inflows in the first half of FY25, the Economic Affairs Division (EAD) blocked the release of monthly...
ISLAMABAD: Following a botched attempt, the government has moved the privatisation of Pakistan International Airlines (PIA) to the second phase and...
ISLAMABAD: Top officials of the National Electric and Power Regulatory Authority (Nepra) have significantly increased their remunerations, without...
ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet on Friday approved Pakistan’s membership to the New Development Bank (NDB) set...
ISLAMABAD: After decades of lapses, the government on Friday took the first step to separate tax policy from revenue administration and notified the...
ISLAMABAD: With system losses at a record 16.16 per cent, the Oil and Gas Regulatory Authority (Ogra) on Thursday notified up to 2pc increase in the...
• 80 companies implicated in Rs110bn money laundering scandal, Senate panel told • SBP censured for its lack of cooperation in providing relevant...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday notified a Rs1.23 per unit negative fuel cost adjustment (FCA) for...
ISLAMABAD: On top of a technical mission currently in town studying judicial and regulatory systems, Pakistan is expecting two more policy-level staff...
Makhtar Diop ISLAMABAD: The International Finance Corporation (IFC) has called upon Pakistan to strive for political and macro-economic...
ISLAMABAD: A fact-finding committee of the National Electric Power Regulatory Authority (Nepra) has found serious faults with the coal procurement...
• Team in town to engage with financial, revenue, election bodies • Assessment report to be published in July, measures to address corruption,...
ISLAMABAD: A Senate panel on Thursday expressed displeasure over the procurement of 78 luxury vehicles by the Water and Power Development Authority...
ISLAMABAD: Petroleum Minister Dr Musadik Malik on Thursday warned of ‘isolated bankruptcy’ in the petroleum sector unless a weighted average price...
ISLAMABAD: Finance Minister Muhammad Aurangzeb on Monday thanked the provincial governments for imposing the agriculture income tax (AIT), in line...
• SNGPL warns of financial crisis, excess RLNG supply over captive power plants’ exit from gas grid • Says policy allowing private competitors...
• Power division directs distribution companies, K-Electric to sign service-level agreements • New accords set reliability standards for...
ISLAMABAD: The government on Thursday stopped procurement of around 1,100 vehicles for employees of the Federal Board of Revenue (FBR) till the...
ISLAMABAD: High-speed diesel (HSD), petrol and kerosene are estimated to increase by up to Rs6 per litre on Friday for the next fortnight owing to...
ISLAMABAD: The Central Development Working Party (CDWP) on Tuesday cleared 16 development projects having an estimated cost of Rs259.68 billion. The...
ISLAMABAD: While state-owned power distribution companies have sought an over 400 per cent increase in security deposits from consumers, two federal...
ISLAMABAD: The government on Monday conceded contraction in two of the three major real economic sectors — agriculture and industry — signalling...
ISLAMABAD: A Senate subcommittee on Monday ordered a complete audit of all solar panel imports since 2018 after showing dissatisfaction with a probe...
• Punjab has largest share of federal employment at 46pc, but below its 53pc population share • KP’s share exceeds its population ratio with...
• World Bank’s South Asia VP urges country to accelerate reforms for better economic development • Says 10-year framework introduced to tackle...
WORLD Bank South Asia Vice President Martin Raiser presents a booklet to Prime Minister Shehbaz Sharif in Islamabad.—PPI • WB formally launches...
ISLAMABAD: A parliamentary panel asked the prime minister and the finance minister on Wednesday to immediately stop the “scandalous” purchase of...
ISLAMABAD: The federal government has claimed over Rs225 billion in receivables from K-Electric, that also include an overwhelming Rs186.5bn as mark...
ISLAMABAD: The Prime Minister Office (PMO) and the Khyber Pakhtunkhwa government have sought clarity from the Petroleum Division over the proposed...
ISLAMABAD: With a meagre 1.3 per cent growth in electricity demand over last year, the public sector power companies have sought about Rs1.04 per unit...
ISLAMABAD: Almost a month before scheduled negotiations on its $7bn Extended Fund Facility (EFF) with Pakistan, the International Monetary Fund...
ISLAMABAD: A day after announcing a reduction in power rates for electric vehicle charging stations (EVCS), Pakistan on Thursday sought France’s...
• Slashes EV charging tariffs by over Rs30 per unit to promote clean energy • Expects electric vehicles to help cut oil bill by $6bn • Leghari...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Wednesday approved a Rs4.98 per unit refund for K-Electric...
ISLAMABAD: Pakistan is working on launching a $250 million Green Impact Fund (GIF) to channel international commitments meant for climate change to...
ISLAMABAD: The government on Tuesday sought private sector support in routing their cargoes through Gwadar Port whose capacity utilisation has...
ISLAMABAD: The prices of high-speed diesel (HSD), petrol and kerosene are estimated to increase by up to Rs6 per litre on Wednesday for the next...
ISLAMABAD: Almost six months after the federal cabinet’s decision, the government has begun inducting officers from intelligence, investigation and...
ISLAMABAD: On the consumers’ complaints, the Oil & Gas Regulatory Authority (Ogra) has decided to investigate the overcharging of liquefied...
ISLAMABAD: The Ministry of Finance has issued a calendar for preparing and presenting the federal budget 2025-26 and asked all the ministries,...
• Power minister stresses need for bold decisions to address inefficiencies • Says govt has right to terminate projects that haven’t reached...