Pakistan Braces for Summer Power Shortfall as LNG Supplies Dry Up, Load-Shedding Likely
The government is considering a mix of rolling load-shedding, mandatory conservation measures and higher electricity tariffs to manage peak summer
Govt Planning Rs. 300 Billion Subsidy to Make Petrol Cheaper for Bikes and Rikshaws
The federal government has requested financial support from provincial governments to implement a targeted fuel subsidy aimed at easing the
Pakistan Secures IMF Agreement on $1.2 Billion Loan
Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) on key reviews of its ongoing financial support
Govt Freezes Petrol, Diesel Prices Again as PM Shehbaz Rejects Massive Hike
Prime Minister Shehbaz Sharif announced late Friday that the federal government has decided to maintain existing prices of Motor Spirit
Pakistan Outshines Neighbors in Managing Petrol, Diesel Supply Despite War
Khyber Pakhtunkhwa Finance Minister Muzzammil Aslam lauded the federal government for its effective management of petroleum supplies, noting that Pakistan’s
Govt to Buy 24,000 Mobile Phones to Run Petrol Subsidy App
The Ministry of Information Technology and Telecommunication has invited expressions of interest for the procurement of 24,000 mobile phones to
Govt Greenlights Rs. 100 Billion Fuel Price Buffer to Keep Petrol Prices Under Control
The Economic Coordination Committee (ECC) has approved a Rs. 100 billion allocation for the Prime Minister’s Austerity Fund to help
Govt Develops App to Deliver Discounted Petrol to Low-Income Consumers
The government has initiated preparations to provide petrol subsidies to low-income consumers amid the ongoing energy crisis, with the Ministry
Pakistan May Raise Petroleum Levy by Rs.5/Litre as IMF Deal on $1.2 Billion Tranche Nears
Pakistan is considering increasing the petroleum levy on petrol and diesel by Rs5 per litre as part of efforts to
Iran Rejects ‘Illogical’ US Peace Plan, Keeps Pressure on Energy Markets
Iran has rejected a US-proposed ceasefire and continues its military campaign against Israel and Gulf states, dealing a setback to
