The National Electric Power Regulatory Authority (Nepra) has given its approval for an increase in the national average power tariff by Rs4.96 per unit for the current fiscal year. This decision aims to address various factors affecting the power sector in the country. Higher National Average Tariff for FY2023-24 In a press release, the power… Read More »
The Finance Ministry recently announced that the Economic Coordination Committee (ECC) of the Cabinet has given its approval for a supplementary grant of Rs4 billion to Pakistan International Airlines (PIA). This grant is intended to cover the interest payments on loans, which amounted to nearly Rs23 billion. The meeting was chaired by Finance Minister Ishaq… Read More »
In a significant development, the National Assembly recently passed the revised budget for the upcoming fiscal year. The government, under the guidance of the International Monetary Fund (IMF), has implemented several fiscal tightening measures in order to secure critical funding. This article delves into the details of the revised budget, shedding light on the changes… Read More »