To avoid backlash of public, the government is considering increasing only petrol prices and it will continue subsidies on diesel. The government is also exploring options to convince the provinces to contribute by sharing the burden to absorb the fuel cost.
Author: Javed Mahmood
Javed Mahmood
I am an experienced writer, analyst, and author. My exposure in English journalism spans more than 28 years. In the past, I have been working with daily The Muslim (Lahore Bureau), daily Business Recorder (Lahore/Islamabad Bureaus), Daily Times, Islamabad, daily The Nation (Lahore and Karachi). With daily The Nation, I have served as Resident Editor, Karachi. Since 2009, I have been working as a Freelance Writer/Editor for American organizations.
Khawaja Asif said PML-N’s London meeting concluded Friday afternoon after three days of deliberations where major decisions were taken, and it was decided that the economic plan would be placed before the allies for their approval.
He went on to say that the numbers reflected the “lowest-ever confidence in the imported government”.
On a monthly basis, inflows were mainly sourced from Saudi Arabia ($707 million), United Arab Emirates ($614 million), United Kingdom ($484 million) and the United States of America ($346 million).
75 shortlisted start-ups then went through a rigorous process of mentoring workshops and pitching competitions, out of which the top 12 start-ups were selected for a 15-week Founders Institute Acceleration Program. Out of these 12 start-ups, nine women entrepreneurs were selected for an in-person acceleration exchange.
Oil giant Saudi Aramco recently reported a 124% net profit surge for last year, hours after Yemeni rebels attacked its facilities causing a “temporary” drop in production.
According to the Forex Association of Pakistan, the day’s start saw the greenback appreciating by Rs1.10 from the previous day’s close of Rs192 and reaching Rs193.10 around 11am in the interbank trade.
At least 45 journalists have been killed by Israeli forces since 2000, according to the Palestinian Ministry of Information.