Business
Business
Electricity Rates Surge by Rs3.33 per Unit, NEPRA Confirms
The National Electric Power Regulatory Authority (NEPRA) has declared an increase in electricity tariffs by Rs3.33 per unit, which will…
ADB Grants $250 Million to Enhance Public-Private Partnerships in Pakistan
The Asian Development Bank (ADB) approved a $250 million loan, aiming to transition the funding of significant projects from public…
Nepra Sets 14 Percent Markup on Delayed Electricity Bill Payments
Consumers now face the highest-ever electricity tariffs. Those experiencing financial hardship and seeking instalment plans to manage their bills must…
Pakistan Plans Tax Rate Increase to 14%, Aims for Export-Driven Growth
At the Pak-China Business Conference in Shenzhen, China, Senator Mohammad Ishaq Dar, Pakistan's Federal Minister for Finance and Revenue, announced…
Pakistan’s Finance Minister Signals Potential Rate Cut by State Bank
Finance Minister Muhammad Aurangzeb expressed optimism about a potential reduction in the State Bank of Pakistan's (SBP) key policy rate…
Nepra Announces Rs3.76 per Unit Electricity Rate Hike for Quarterly Adjustment
The National Electrical Power Regulatory Authority (Nepra) has announced a Rs3.76 per unit increase in electricity rates for a quarterly…
Pakistan Selects Six Companies to Bid for PIA Privatization
Pakistan has selected six companies qualified to bid for the national carrier Pakistan International Airlines (PIA), the privatisation minister announced…
Pakistan’s Inflation Rate Drops to 3.2% in May 2024
The latest economic shifts in Pakistan, as the Federal Bureau of Statistics reported in May 2024, indicate an inflation rate…
No Pension Tax in Pakistan’s 2024-25 Budget After IMF Talks
Pakistan's Finance Minister Muhammad Aurangzeb successfully negotiated with the International Monetary Fund (IMF) to exclude pensions from taxation in the…