ISLAMABAD: The World Bank has formally downgraded implementation progress on a $245 million flood rehabilitation project in Balochistan to ‘moderately unsatisfactory’, mainly after the government ...
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• Retail prices may rise by about 15pc if auction costs are passed on• Govt says signature bonus burden should not be transferred to consumers ISLAMABAD: Amid legal challenges and political pressu...
ISLAMABAD: The government is seeking comprehensive amendments to the decades-old Gas Development Surcharge (GDS) law to strengthen recovery from defaulting consumers, account for situations where gas ...
• Cost of running civil govt rises 16pc, crosses Rs1tr for first time• Fiscal deficit shrinks to 2.6pc on the back of provincial surpluses, lower interest bill• Defence spending up 18pc; primary...
ISLAMABAD: The Privatisation Commission on Tuesday approved the appointment of a financial adviser for the outsourcing of Lahore and Karachi airports. In a statement, the commission said its board of ...
ISLAMABAD: Expressing serious displeasure over reputational challenges, the World Bank has warned that redirecting funds from a multi-billion-rupee resilient housing programme for the flood-affected p...
ISLAMABAD: Amid a blame game and fiduciary concerns, the government has quietly restructured the Rs115 billion World Bank-funded post-flood rehabilitation project, depriving more than 134,000 verified...
ISLAMABAD: The National Electric Power Regulatory Authority (Nepra) on Friday notified an additional burden of Rs9.8 billion on electricity consumers for the August billing period due to a fuel cost a...
ISLAMABAD: The Privatisation Commission (PC) on Friday said it had received a strong response from domestic and international investors for the privatisation of Faisalabad Electric Supply Company (Fes...
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