National Assembly during a session in Islamabad. — APP/FileSessions delayed from June 1 due to lawmakers’ absence: report.Federal govt plans to adopt budget proposals till June 24: report.Budget must be passed before June 30 to take effect from July 1.President Asif Ali…
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Govt set to cut circular debt from staggering Rs2.3tr to Rs561bn as agreed with IMF
A foreign currency dealer counts US dollars at a shop in Karachi, Pakistan, May 19, 2022. — AFP/FileGovt to disburse payments in current or next week.Rs1.275 trillion loan to settle PHL and IPP dues.Consumers to repay energy sector loan over six years.
In a…
Govt keeps petrol, diesel levy unchanged; subsidy of Rs23bn approved
People wait their turn to get fuel at a petrol station in Karachi. — Reuters/FilePetrol levy remains Rs 105.37 per litre, diesel Rs 55.24 per litre.Govt to pay subsidy for petrol and diesel from Mar 14–20.Petroleum levy adjustments form part of IMF commitments.
ISLAMABAD: The…
Over Rs11 drop likely in diesel rate from August 16
Representational image shows a person using a fuel nozzle to fuel up a car at a petrol station in Vienna, Austria March 18, 2022. — ReutersPetrol may rise by Rs1.32 per litre.Kerosene expected to go down by Rs6.25 per litre.WTI crude hits $62.7 per barrel, two-month low.