Gas prices in Pakistan are anticipated to witness a significant increase in the coming weeks, just ahead of the International Monetary Fund’s (IMF) economic review. The Ministry of Petroleum has…
IMF
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Caretaker Energy Minister Muhammad Ali has announced that the interim government will most likely take a decision on provision of relief in the electricity bills by Monday, saying detailed consideration…
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Top News
IMF okays relief for 4 million electricity consumers using less than 200 units: sources
by NWMNewsDeskby NWMNewsDeskThe International Monetary Fund has approved parts of the government’s proposals to provide relief in electricity bills, sources said on Thursday. The sources said that the government had once again…
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In a relentless surge, the value of the US dollar against the Pakistani rupee continued to rise, reaching an unprecedented high of Rs330 in the open market on Monday (today).…
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PM Kakar orders swift action against power thieves, defaulters
by NWMNewsDeskby NWMNewsDeskCaretaker Prime Minister Anwaarul Haq Kakar on Monday ordered immediate action against those involved in power theft in the country and asked the relevant authorities to submit reports in this…
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The International Monetary Fund has rejected the electricity relief plan of the interim government due to the difference in the amount fixed for its execution. Sources told the interim government…
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Business
Inflation shows no signs of weakening in Pakistan, stands at 27.4%
by NWMNewsDeskby NWMNewsDeskInflation has become a serious global problem that affects all countries. With a 27.4% inflation rate, Pakistan is struggling with rising costs, which has led to a closer look at…
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Mother of all bombs: Petrol price in Pakistan breaks Rs300 barrier
by NWMNewsDeskby NWMNewsDeskThe interim government has increased the price of petrol in Pakistan by Rs14.91 per liter, marking it as the highest one ever achieved in the country’s history. The caretaker government…
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Inflation is not that big issue to go on strike: Caretaker PM
by NWMNewsDeskby NWMNewsDeskISLAMABAD: Caretaker Prime Minister Anwaarul Haq Kakar on Thursday stated that the matter of skyrocketing electricity bills is being discussed with the International Monetary Fund (IMF), adding that the government…