The Fitch Ratings logo is seen at their offices at Canary Wharf financial district in London. — ReutersPakistani banks see stronger growth opportunities ahead: Fitch.Global rating agency cites improving overall business conditions.Says Pakistan’s recovery follows tough period of…
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Govt to absorb potential hike in fuel prices, says petroleum minister
People wait their turn to get fuel at a petrol station, in Karachi, Pakistan June 2, 2022. — ReutersGovt ensuring uninterrupted fuel supply: minister.Malik suggests Pakistan brace for a “Test match”.Says no clear end in sight to Middle East conflict.
Petroleum Minister Ali…
ECC approves hike in profit margins of petroleum dealers, OMCs
Employees at a fuel station attend to their customers in Islamabad, Pakistan, on February 16, 2022. — AFP/FilePetrol diesel rates likely to rise up to Rs2.56 per litre: sources.Committee approves amendments to vehicle import procedure.ECC okays summary seeking curbs on chloroform…
Govt seals Rs1.225tr deal to cut circular debt
A representational image of a transmission tower, also known as an electricity pylon. — AFP/FileAgreement restructures loans, provides fresh financing for power payments.Innovative plan repurposes surcharge, avoids extra burden on consumers.Concessional rates, sovereign guarantee…