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NEPRA Alleges Inferior Coal Use in Chinese Power Plants
The National Electric Power Regulatory Authority (Nepra) has unveiled discrepancies concerning Chinese coal-fired power plants. Despite their commitment to using…
IMF Suggests Pakistan Tax the Wealthy Amid Rising Inflation
In light of a significant surge in inflation, which rose to 27.4% in August, and public unrest due to high…
Karachi Gold Market Shuts Down Amidst Crackdown on Illegal Trade Activities
The Karachi gold market remained closed for a sixth day due to a government crackdown on illegal trading activities, with…
ADB Report: Challenges and Prospects of Pakistan’s Economic Landscape in FY2024
The Asian Development Bank (ADB) has highlighted heightened downside risks in Pakistan's economic outlook in its recent report, emphasizing the…
Pakistan’s Growing Economic Concerns: Navigating a $4.5 Billion Financing Gap and Underestimated Budget
Pakistan's economy is grappling with a notable financing gap of nearly $4.5 billion, coupled with a potential budget overshoot by…
Revolution in Remittances: Pakistan Eyes 10-20% Boost Following Rs295 per Dollar Rate Dip
The Chairman of the Exchange Companies Association of Pakistan (ECAP), Malik Bostan, expressed optimism about the prospective boost in the…
Rs1.829 per Unit: NEPRA to Scrutinize Proposed Additional Charge in October 2023
The Water and Power Development Authority’s (WAPDA) former distribution companies (XWDiscos) have appealed to the National Electric Power Regulatory Authority…
IMF Raises Alarm on Petroleum Product Smuggling in Pakistan
The International Monetary Fund (IMF) has raised alarms about the rampant smuggling of petroleum products in Pakistan, requesting information from…
Nationwide Strike by Oil Tankers Association Threatens Petrol Shortage
The country is bracing for a potential petrol crisis as the Oil Tankers Association has initiated a strike, halting fuel…