A general view of the Parliament building in Islamabad, January 23, 2019. — ReutersFinance minister to present budget in both houses.Senate to examine proposals for 15 days.Lower house passage targeted by June 28.ISLAMABAD: The government has decided to convene the National…
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Govt revises GDP growth upward to 3.04% for FY25
Representational image of a economic growth. — APP FileEconomy valued at $407.2 billion this year.Per capita income rises to $1,812.Strong Q4 growth boosts annual GDP performance.
ISLAMABAD: The government has revised Pakistan’s GDP growth rate for the fiscal year to…
Power demand rises as heat intensifies; LNG cargoes sought to avert load-shedding
Representational image of electricity bulbs. — PixabayPower Division warns failure to secure LNG supplies may result in more load-shedding.Power producers likely to rely on costly diesel in absence of LNG.Gas supply to CNG sector in May is expected to be cut off amid regional…
Pakistan ‘signs Rs1.275tr financing deal’ to ease power debt today
This undated image shows a view of power grid towers. — Reuters/File
PM Shehbaz joins signing ceremony virtually from New York.Loan to retire legacy debts, no burden on exchequer. Move seen as key step to stabilise power sector.