ISLAMABAD: The government has decided to request Chinese government to fund Rs 435 billion ($ 2.8 billion equivalent) liability from the CPEC "dry powder" to pay off their banks as per schedule in the next three years, official sources told Business Recorder. Pakistan has to pay Rs 364 billion...
Finance Minister Shaukat Tarin said on Wednesday that the International Monetary Fund (IMF) had been informed that Pakistan didn't currently have the capacity to raise its tariffs or taxes under the IMF programme, adding that the World Bank and IMF had been sympathetic to the point of view...
Pakistan’s cement sector posted robust growth of 40.41 percent in April 2021 as compared to April 2020.
According to data released by the All Pakistan Cement Manufacturers Association (APCMA), the total cement sales during April 2021 reached 4.943 million tons compared to 3.52 million tons...
Musharraf fixed rate at rs60. Anyway majority of our population is dumb economically thanks to education system. They have no idea why inflation is sky high every few years. Rent seeking elite have destroyed Pakistan economy and army generals are part of this crime against Pakistani public. PTI...
Wow, meanwhile Pakistan FDI is usually $2-3b per year for last decade. Another good reason why Indian $ reserves are 20 times bigger and doesn't need debt relief even in current situation. Lost decade of Pakistan thanks to terrorism.
KARACHI:
Power generation soared by a record 30% to 8,965 gigawatt hours (GWh) in March partly due to industries shifting from own power generators to the national grid in the wake of growing domestic gas crisis.
Simultaneously, the cost of fuel component in the overall electricity production...
This project was delayed because private investors were not coming on board. Now this so called BOT project cost will be shared between federal and private if they come this time.
UK is mature democracy that allowed Scotland to hold referendum once after hundreds of years of war. Such thing isn't possible in Pakistan even in 500 years from now. We all know what happened in Spain/Catalunya referendum. If real democracy comes to Pakistan and army go back to border then in...
lol thats what Indians wished but we all know what happened... These white thugs turned on Indians and all ethnic minorties post Trump USA. Today these white terrorists hardly ever target any muslim. Their target are usually visible minorities like sikhs with turbans or east asians.
Joke on you because army made him win Karachi seats. Lets have fair election today and PTI will be 5th party in Karachi like recent by election. See latest Karachi by election results where PTI somehow won in 2018.
For KP he becomes Taliban Khan. Hazara is TLP support base though. Lets wait for 2023, recent by election in KP told different story. Imran Khan too is going for boom in last 2 years. Because only issue in Pakistan is economy, at least in punjab. Unlike in India where people vote for ideology of...
ISLAMABAD: SAPM on Health Dr Faisal Sultan Monday announced on Monday that the government has planned to vaccinate 70 million people by the end of 2021 and efforts are underway to acquire coronavirus vaccines so that it is able to do so.
In a media briefing, Dr Faisal Sultan said due to the...
PTI failed to keep up with manifesto so its only fair they must be punished in 2023. Plus Taliban Khan now also have turned in to TLP supporter. Its recipe for disaster.
CPEC was establishment project, Nawaz was front men. Blame as usual lies with establishment/army. Hell I remember there was plan to build dozen imported coal power plants 6600MW in coast of Balochistan. Thankfully that didnt go anywhere otherwise imagine capacity payments now.