A view of the Nepra building in Islamabad. — Nepra/FileKE failed to meet licence obligations.Restoration delayed after January 2023 breakdown.Fifteen days given to deposit Rs25m penalty.ISLAMABAD: The National Electric Power Regulatory Authority has imposed a fine of Rs25…
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IMF board meets on December 8 to approve $1.2bn for Pakistan
The International Monetary Fund logo is seen inside the headquarters at the end of the IMF/World Bank annual meetings in Washington, US, October 9, 2016. — Reuters$1.2bn disbursement expected to arrive on December 9.Tranche consists of $1bn EFF and $200m RSF.SLA reached on October 14…
UAE, Saudi Arabia seek over 1.5 million workers despite AI surge
Labourers work near the Burj Khalifa, the tallest tower in the world, in Dubai in this May 9, 2013. — Reuters
DUBAI: The booming job markets of the United Arab Emirates and Saudi Arabia are expected to generate demand for more than 1.5 million additional workers by 2030,…
Pakistan’s external liabilities stands at $130bn, dollar amounts to 58% of total debt
A foreign currency dealer counts US dollars at a shop in Karachi on May 19, 2022. — AFP/FileExternal financing to rely on multilateral, bilateral sources.$1bn Panda Bond programme established, first issuance in FY26.Preparatory work underway for launch of Sustainable Bonds.