Tribune
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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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OGRA swings into action to protect refineries | The Express Tribune
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[ad_1] ISLAMABAD: The fuel regulator has temporarily halted some oil marketing companies (OMCs) from importing High-Speed Diesel (HSD) to address concerns raised by oil refineries about an excessive stock of the fuel, which they warn “may lead to the collapse…
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IMF links bailout package to $12b debt rollover | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has demanded of the Pakistan government to get $12 billion loan rolled over by next week to secure the bailout package. Besides, the fund has also asked the country to meet the revenue…
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Aurangzeb meets foreign investors | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Senator Muhammad Aurangzeb met with a delegation of international investors, led by JP Morgan Pakistan CEO Amin Mohammad Khowaja, to explore fixed income investment opportunities in the country. According to a press release issued by the…
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Centre, provinces owe Rs2.56 trillion to DISCOs | The Express Tribune
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[ad_1] ISLAMABAD: The federal and provincial governments collectively owe more than Rs2.56 trillion in unpaid bills to the electricity Distribution Companies (DISCOs) across the country, official documents available with The Express Tribune revealed on Wednesday. There are 12 DISCOs across…
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Not on IMF agenda, but Pakistan hopes to secure bailout | The Express Tribune
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[ad_1] ISLAMABAD: Finance Minister Muhammad Aurangzeb said on Tuesday that the government was at the “advanced stages” of getting assurances about external financing but he again did not give a firm timeframe to conclude the pending $7 billion deal with…
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Govt introduces new pension scheme for all federal employees | The Express Tribune
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[ad_1] ISLAMABAD: The government has introduced a new contributory pension fund scheme for all federal government employees, according to an office memorandum issued by the Ministry of Finance on Tuesday, Express News reported. The memorandum states that the scheme will…
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Finmin Aurangzeb outlines Pakistan’s path to sustainable economic growth | The Express Tribune
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[ad_1] Pakistan’s Finance Minister Muhammad Aurangzeb has reaffirmed the government’s commitment to steering the economy toward stability and sustainable growth. Speaking at a recent media briefing, Aurangzeb addressed the country’s ongoing economic challenges and the efforts being made to overcome…
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IMF pours cold water on Punjab’s cheap power plan | The Express Tribune
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[ad_1] ISLAMABAD: The International Monetary Fund (IMF) has slapped Pakistan with a slew of new conditions regarding energy subsidies and provincial budgets after Punjab took a “fiscally reckless” decision to give Rs45 to Rs90 billion electricity subsidies for two months….
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Salt exports set to surge as Bangladesh seeks alternatives | The Express Tribune
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[ad_1] KARACHI: Speculation among salt traders about a potential surge in salt exports to Bangladesh has intensified recently, driven by political developments in Bangladesh and environmental factors affecting salt production in India, the largest supplier to the Bangladeshi market. Industry…
