A power transmission tower in Karachi on January 24, 2023. — ReutersISMO holds workshop to open stakeholder dialogue.Reform aims to auction 800MW of wheeling demand.Leghari stresses CTBCM built on global best practicesISLAMABAD: Pakistan has launched stakeholder consultations on…
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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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Crude oil breaks $90 as Middle East flare-up reopens threat of wider energy shock
A view shows oil pump jacks outside Almetyevsk in the Republic of Tatarstan, Russia June 4, 2023. — Reuters
Oil prices rise more than 2% on Monday.US attacks Iranian rocket launchers near Hormuz.Trump says US will respond to the Iranian strikes.
Annual consumer prices rose 5.8% year-on-year in January, says PBS
A man selling vegetables waits for customers at his makeshift stall at the Empress Market in Karachi. — Reuters/FileReading comes week after SBP kept policy rate at 10.50%.Finance ministry forecasts January inflation at 5–6%.IMF warns against early monetary easing under loan…