Govt plans to convert circular debt to public debt to reduce the price of power Blogging Sole

Govt plans to convert circular debt to public debt to reduce the price of power

 Blogging Sole

This undated image shows a view of the electrical network towers. – Reuters / File Restructuring of circular debt to reduce power prices. 16.26 billion dollars of the debt under the restructuring plan. Govt Eyes RS5.1 per relief unit via lending loan. Islamabad: The government has launched efforts to convert circular debt (CD) in the … Read more

Saudi Arabia plans to invest $100 million in Pakistan’s mining infrastructure Blogging Sole

Saudi Arabia plans to invest 0 million in Pakistan’s mining infrastructure

 Blogging Sole

Saudi Minister of Industry and Mineral Resources Bandar Alkhorayef speaks during an interview with Reuters at the World Economic Forum (WEF) in Riyadh, Saudi Arabia, April 28, 2024. — Reuters Exploring how we can help Pakistan in certain infrastructure: minister. According to him, without infrastructure, the economic aspects of the transaction are not attractive. Malik … Read more

Uzbekistan plans ‘direct flights’ to Karachi to boost bilateral ties Blogging Sole

Uzbekistan plans ‘direct flights’ to Karachi to boost bilateral ties

 Blogging Sole

An Airbus A320-200 plane of the national airline “Uzbekistan Airways” takes off at the national airport in Minsk, Belarus. -Reuters Uzbek ambassador addresses business leaders in Karachi. According to him, trade between the two countries has tripled over the past five years. The focus is on exploring “untapped opportunities” for trade growth. ISLAMABAD: In a … Read more

PIA plans to expand its fleet to revamp its flight operations Blogging Sole

PIA plans to expand its fleet to revamp its flight operations

 Blogging Sole

Pakistan International Airlines (PIA) has announced plans to expand its fleet and improve its operations following the introduction of a newly refurbished Airbus 320, with the aim of strengthening its competitiveness in domestic and international markets. The national carrier, which holds 23% of Pakistan’s domestic aviation market, has faced challenges with its fleet of 34 … Read more