The management of Sui Southern Gas Company (SSGC) has warned that the public gas utility will sink financially if gas prices are not increased at an appropriate time. At a public hearing held by the Oil and Gas Regulatory Authority (Ogra) on Monday, SSGC sought a price increase of Rs274.40 per million British thermal units (mmBtu) effective from July 1, 2024 to meet its revenue requirement of R
President Asif Ali Zardari on Monday emphasised the need for boosting trade ties with the US and the United Arab Emirates and invited businessmen of the two countries to invest in Pakistan Stock Exchange (PSX). According to the Presidency, the president underlined the need to enhance trade and investment relations with the US, besides exploring collaborative opportunities in diverse sectors.
Pakistanis deserve better. It is imperative for an elected government to strive to enable people to live lives free from want, fear and indignity. Securing the next International Monetary Fund (IMF) tranche and striving for another longer, larger programme is important. However, history unequivocally demonstrates that a government’s success hinges on recognising its citizens as the purpose and
Finance Minister Muhammad Aurangzeb says his singular agenda is to focus on the implementation of much-needed reforms and to negotiate a new larger deal with the International Monetary Fund (IMF) to pull the economy out of the crisis. “No debates, no waste of time — just a steadfast commitment to implementation,” the former Habib Bank chief told Dawn soon after being sworn in as the federal fin
The State Bank of Pakistan (SBP) on Monday chose to maintain the status quo by upholding the key policy rate at 22 per cent for the sixth policy meeting in a row. The decision was the first under the newly elected government. It also comes ahead of the International Monetary Fund (IMF)’s last review due on March 14 -18 for the $1.1 billion disbursement under the current Stand-By Arrangement (SB