K-Electric Chief Executive Officer Moonis Abdullah Alvi speaking at an event. — X/@alvimoonis Sources confirm Moonis Alvi resigns as K-Electric CEO.Insiders cite months of stress after harassment allegations.Governor Tessori overturned removal order earlier this week.
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People buy dried fruits at a market in Karachi, February 1, 2023. — ReutersOn YoY, CPI inflation Urban increases by 3.4% in August.On MoM basis, it decreases by 0.7% in past month. SPI inflation on YoY basis increases by 2.6% in August.
ISLAMABAD: Core inflation measured by…
Pakistan repays $1.43bn in external debt, says finance ministry adviser

A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/FileRepayment includes $1.3bn Eurobond maturing on April 8Debt servicing continued to be executed as non-event: adviser.Repayment reinforces Pakistan’s credibility, says Schehzad.<p…
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Centre, provinces ‘struggle to reach consensus’ on targeted fuel subsidy

A view of Motorists standing in a queue for filling petrol outside a petrol pump in Rawalpindi on January 1, 2023. — OnlineProvinces asked to share Rs150-200bn subsidy burden.Centre says Rs125bn relief already provided.Fuel price hike likely in the next review.
ISLAMABAD:…




