Circular Debt: Burden of Payments to Power Companies Spikes to Rs. 1.8 Trillion
The burden of payments to Independent Power Producers (IPPs) has spiked to Rs. 1,800 billion, Finance Ministry sources told ProPakistani.
Sources said IPPs are
Rupee Closes in Green Against US Dollar, Other Currencies
The Pakistani rupee gained slightly against the US Dollar today after opening trade at 278 in the interbank market.
It was largely stable before
Govt Imported Wheat Worth Rs. 7 Billion in April Alone
The federal government is poised to continue importing wheat as procurement from the international market continued without delay during its second month in power,
Shell Pakistan Announces Profit for Q1 2024
The Board of Directors of Shell Pakistan Limited (SPL) announced the first quarter results for the company. The company posted a profit after tax
PM Seeks Report on Electricity Issues with AJK Govt
Prime Minister Shehbaz Sharif has sought a report regarding electricity issues with Azad Jammu and Kashmir (AJK) government.
According to sources, talks with the
Pakistan, Uzbekistan Explore Avenues for Enhancing Cooperation
Foreign Minister of Uzbekistan Bakhtiyor Saidov, currently on a two-day visit to Pakistan, called on Prime Minister Shehbaz Sharif today.
The two sides discussed