ISLAMABAD: The federal cabinet on Thursday in a bid to alleviate the financial burden on citizens during the holy month of Ramazan has greenlit a
Category: BUSINESS
Finance Ministry points out key risks to Pak economy
ISLAMABAD: In a report by the Ministry of Finance eight important factors related to financial risks have been highlighted that it believes can aggravate Pakistan’s
Budget deficit increases to Rs8.54tr
ISLAMABAD: The interim government has made major revisions to this fiscal year’s budget, significantly increasing the federal budget deficit to a new record high of
Discos seek massive electricity tariff hike for March
ISLAMABAD: The inflation-weary masses are likely to face a blow with a significant increase in their electricity bills after ex-Wapda distribution companies (XWDiscos) have sought
Announcement about coalition govt propels Pakistan stocks
KARACHI: The Pakistan Stock Exchange was witnessing a massive surge on Wednesday after the PML-N and the PPP managed to sort out their difference and
Work on IP pipeline to begin in Pakistan
ISLAMABAD: Islamabad has engaged Tehran by committing to complete the first phase of the 80-kilometer Iran-Pakistan (IP) gas pipeline project within Pakistan’s territory to avoid
Industries at risk as energy costs surge
LAHORE: Rising gas and electricity tariffs threaten to shutter industries, drive up unemployment, and worsen inflation, lamented distressed industrialists. Speaking to The Express Tribune, President
Electricity prices: CPPA seeks higher fuel cost adjustment for Jan amid stubborn inflation
ISLAMABAD: Just days after the latest increase in fuel prices, people in Pakistan must brace for further hike in their electricity bills for the month
Ensure transparency in PSDP projects, IMF asks Islamabad
DUBAI: The International Monetary Fund (IMF) has reportedly asked Pakistan to ensure transparency in the ongoing public sector development projects by saying that the complete
Pakistan’s election outcome highlights risks to new IMF deal: Fitch rating
DUBAI: Fitch Ratings said the close outcome of Pakistan’s election and resulting near-term political uncertainty may complicate the country’s efforts to secure a financing agreement