Locally Manufactured Cars In a significant move, the Economic Coordination Committee (ECC) has given the green light to several proposals, marking changes in the economic landscape of Pakistan. Chaired by …
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energy sector
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ISLAMABAD: In a significant milestone for the energy sector, the signing ceremony of the Memorandum of Understanding (MoU) between the Stakeholders on Consortium Formation (SCF) for the ‘Machike-Thallian-Tarujabba’ White Oil …
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ISLAMABAD: The caretaker government in Pakistan has taken a significant decision to cancel the privatization of the Nandipur and Guddu power plants. The government is reportedly considering a proposal to …
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Economy
Pakistan and IMF discuss energy sector losses and Circular Debt in a virtual meeting
by Umar Sohailby Umar SohailISLAMABAD: Pakistan and the International Monetary Fund (IMF) engaged in a virtual meeting to discuss the energy sector losses and the reduction of circular debt during the current fiscal year. …
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In FY21 ended in June 2021, the overall energy sector’s circular debt mounted to Rs2,327 trillion.
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