Minister
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Pakistan seeks to renegotiate power deals to slash unsustainable electricity costs, says minister Leghari | The Express Tribune
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[ad_1] Pakistan is renegotiating contracts with independent power producers to rein in “unsustainable” electricity tariffs, Energy Minister Awais Ahmad Leghari has said as power customers tackle with soaring unsustainable costs. Rising power tariffs have stirred social unrest and shuttered industries in…
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Pakistan-Saudi Arabia talks on Reko Diq mining project near completion: Petroleum minister | The Express Tribune
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[ad_1] Pakistan is nearing the conclusion of negotiations with Saudi Arabia on the massive Reko Diq copper-gold mining project, one of the world’s largest untapped resources, according to Petroleum Minister Dr Musadik Malik. In a statement made on Wednesday, Dr…
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Finance minister unveils new incentives for foreign investors amid push for external financing | The Express Tribune
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[ad_1] Finance Minister Muhammad Aurangzeb announced new policy measures on Thursday aimed at enhancing Pakistan’s investment environment and attracting foreign investors, according to Radio Pakistan. The finance minister chaired a review meeting in Islamabad with representatives from joint venture investment…
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Plan on anvil to reduce electricity tariff: power minister
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[ad_1] Federal Minister of Energy Sardar Awais Ahmad Khan Leghari. — APP/File FAISALABAD: Federal Minister of Energy Sardar Awais Ahmad Khan Leghari has said that the cost of electricity production will be reduced as an action plan in this regard…
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Swiss minister calls US-EU debt ‘time bomb’ | The Express Tribune
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[ad_1] ZURICH: Debt levels in the United States and Europe are a risk for international financial stability and for Switzerland, Swiss Finance Minister Karin Keller-Sutter said in a newspaper interview published on Saturday. In an interview with Swiss daily Blick,…
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Finance minister quells ‘noise’ casting doubts on IMF deal approval
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[ad_1] Finance Minister Muhammad Aurangzeb speaks during an interview with Reuters at his office in Islamabad. —Reuters/File ISLAMABAD: Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, on Friday voiced hope that “the International Monetary Fund (IMF) will approve the…
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Pakistan can save up to Rs50bn if citizens endure two-hour of loadshedding: energy minister
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[ad_1] A representational image depicting loadshedding in a residential area of Pakistan. — AFP/File ISLAMABAD: Energy Minister Awais Leghari on Tuesday said that if the citizens could endure two-hour of load shedding daily, the government could save up to Rs50…
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Pakistan has the most expensive electricity in the region: Energy Minister | The Express Tribune
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[ad_1] Listen to article The Federal Minister for Energy, Awais Leghari, acknowledged that the country has the highest electricity costs in the region, stating that the government is working towards resolving issues related to Independent Power Producers (IPPs). Speaking at the National…
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Finance Minister Aurangzeb hints at more interest rate cuts | The Express Tribune
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[ad_1] Listen to article Federal Finance Minister Mohammad Aurangzeb has indicated that there is room for further cuts in interest rates. Speaking at the Karachi Chamber of Commerce, Aurangzeb stressed the importance of macroeconomic governance for economic growth, noting that structural issues…
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Finance minister briefs Fitch Ratings on Pakistan’s IMF agreement, economic reforms | The Express Tribune
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[ad_1] On Monday, Finance Minister Muhammad Aurangzeb updated Fitch Ratings representatives about Pakistan’s recent Staff-Level Agreement (SLA) with the International Monetary Fund (IMF) and outlined various measures aimed at bolstering the economy. The briefing, conducted via Zoom, underscored the positive…
