$165 million ISLAMABAD: Pakistan is set make repayment to the IMF of $165 million under the General Resources Account (GRA) Repurchase (EFF) on Sept 29, 2023. This payment represents a …
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EconomyLatest Updates
Pakistan’s default risk surges to 13-year high of 53%
by Umar Sohailby Umar SohailISLAMABAD: The risk of default of Pakistan, calculated by the 5-year credit default swap (CDS) spiked by 3.07 percentage points on Tuesday, hitting a 13-year high at 52.8%. Before the …
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ISLAMABAD: People appear in a shock as the National Electric Power Regulatory Authority (NEPRA) has allowed Neelum-Jhelum hydropopwer project to continue to charge Rs9.11 per unit highest tariff on provisional basis …