IMF concludes the staff agreement with Pakistan for a package of $ 1.3 billion Blogging Sole

IMF concludes the staff agreement with Pakistan for a package of $ 1.3 billion

 Blogging Sole

A view of the International Logo of the Monetary Fund (IMF) at its headquarters in Washington, DC, United States, November 24, 2024. – Reuters Washington: The International Monetary Fund said on Tuesday that its Pakistani staff and authorities had entered into a staff level agreement, which will grant access to around 1 billion dollars under … Read more

Government concludes negotiations with 14 IPPs on reducing electricity costs Blogging Sole

Government concludes negotiations with 14 IPPs on reducing electricity costs

 Blogging Sole

Electricity transmission towers are pictured in Karachi on July 26, 2022. — Reuters NTDC issues merit order for negotiations with IPPs running on expensive fuel. Halmore Power is producing electricity at a staggering rate 61.23 Rs per kWh. Uch has the lowest production cost at Rs 3.11 per kWh via natural gas. ISLAMABAD: The government … Read more