Study warns of economic consequences of rising local input costs Blogging Sole

Study warns of economic consequences of rising local input costs

 Blogging Sole

A worker is aligning designs on fabric machines for precise printing at a textile factory in Hyderabad, August 19, 2024. — APP The study calls for reinstating exemptions from export facilitation programs. Late refunds harm exporters and undermine the credibility of the GST system. Textile sector closures and job losses are compounding economic challenges. ISLAMABAD: … Read more

Malnutrition costs Pakistan $17 billion a year: report Blogging Sole

Malnutrition costs Pakistan  billion a year: report

 Blogging Sole

A doctor treats a little girl at the Mithi Civil Hospital, in Mithi, Sindh, on May 25, 2018. — AFP/File 34% of children under five are stunted nationwide. Stunted growth is seen as the main consequence of inaction. Pakistan has the highest prevalence of stunting in South Asia. ISLAMABAD: Due to the ongoing undernourishment crisis, … Read more

Overcharging of electricity companies is unacceptable at all costs, warns Prime Minister Chehbaz Blogging Sole

Overcharging of electricity companies is unacceptable at all costs, warns Prime Minister Chehbaz

 Blogging Sole

Prime Minister Shehbaz Sharif chairs a review meeting on the performance of electricity distribution companies (discoms) on December 28, 2024. — APP Strict action should be taken against the agent involved in overcharging (PM) Prime Minister says all resources should be used to achieve Nepra’s goals. He expresses concerns over the delay in appointing nightclub … 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