A power transmission tower is seen one day after a power failure across the country in Karachi on January 24, 2023. – Reuters The recent report of the Ministry of Finance highlights the management of the power sector. Discos are faced with high -risk factors contributing to operational ineffectiveness. Debt motivated by the inability of … Read more
Mukhtar Diop, Director General General Finance Corporation (IFC). – IFC website / file The visit is on the heels of approval by the WB group of the transformative strategy. The Country Partnership Strategy promises $ 20 billion in spending over the next decade. IFC Investments to strengthen the country’s private sector, with an average of … Read more
An electric vehicle is connected to a charging station in Bilbao, Spain, February 15, 2023. – Reuters China to deliver 30 load factories in the next 10 days. First station already installed in Karachi; Lahore to follow the plunge. “EV production will start with December,” said the CEO of the Aden group. Karachi: A major … Read more
A stockbroker looks at a computer during a trading session at the Pakistan Stock Exchange (PSX) in Karachi, July 31, 2023. — AFP Bearish sentiment persisted in the stock market on Tuesday as profit-taking, driven by mutual fund redemptions, and pressure on energy stocks weighed on trading. Concerns about circular debt in the gas sector … Read more