Energy Sector
ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday approved a revised 10-year national electricity procurement policy, slashing planned power purchases from 14,000 megawatts (MW) to...
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ISLAMABAD: Prime Minister Shehbaz Sharif on Wednesday approved a revised 10-year national electricity procurement policy, slashing planned power purchases from 14,000 megawatts (MW) to...
The Pakistan Stock Exchange (PSX) experienced a significant downturn on Wednesday, with the benchmark KSE-100 Index plummeting by 3,545.61 points, or 3.09%, to close...
The federal government is moving forward with the formation of the 11th National Finance Commission (NFC), aimed at proposing a new financial award for...
ISLAMABAD: The State Bank of Pakistan’s Monetary Policy Committee (MPC) is scheduled to meet on Monday, May 5, 2025, to set the policy rate...
The government’s proposal for a substantial reduction in electricity tariffs has hit a roadblock with the International Monetary Fund (IMF), which is withholding a...
Umar Farooq Zahoor, a Dubai-based businessman of Pakistani origin, has been honored with Pakistan’s highest civilian award, the Hilal-e-Imtiaz (Crescent of Excellence), in recognition...
Government officials confirmed that the IMF’s decision marks a significant relief for the real estate and construction sectors, which have long faced taxation challenges....
Windfall Tax In a significant financial boost for the government, the Lahore High Court (LHC) has vacated the stay order on cases related to...
Crypto Council ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb has announced that the establishment of the Pakistan Crypto Council (PCC) signifies the beginning of a...
Ministry of Defence The Economic Coordination Committee (ECC) has approved a supplementary grant of Rs430 million for the Ministry of Defence, along with several...
ISLAMABAD: Pakistan’s efforts to secure over $2 billion from the International Monetary Fund (IMF) have advanced as virtual negotiations between the government and the...
Saudi Arabia has announced a $1.2 billion oil facility for Pakistan, with monthly supplies worth $100 million set to continue until February 2026. This...
