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ISLAMABAD: The cost of regasified liquefied natural gas (RLNG)-based power generation surged by record 242 per cent to Rs47.4 per unit in July, from less than Rs14 in April, after the government purch...
ISLAMABAD: The World Bank has formally downgraded implementation progress on a $245 million flood rehabilitation project in Balochistan to βmoderately unsatisfactoryβ, mainly after the government ...
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β’ Retail prices may rise by about 15pc if auction costs are passed onβ’ 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 ...
β’ Cost of running civil govt rises 16pc, crosses Rs1tr for first timeβ’ Fiscal deficit shrinks to 2.6pc on the back of provincial surpluses, lower interest billβ’ 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...
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