Islamabad: Pakistan expands the energy infrastructure with a railway project linking the coal mines in Thar to Port Qasim by December 2025 and nearly $ 500 million. The battery storage initiative is 1000 megawatts in the south to harness wind power and install the network. Talks with global lenders are continuing to secure fund financing. … Read more
Karachi: K-Electric officially requested a reduction of 4.95 rupees for each unit in the electricity rates for the month of December, according to the monthly fuel control mechanism. The National Electricity Regulatory Authority (NEPRA) decided to reserve its ruling in this regard, pending a comprehensive review. The final decision will be connected at a later … Read more
Islamabad: K-Electric request from the National Authority for the Regulatory of Electricity (NEPRA) approval of 4.95 rupees per unit of energy price due to the adjustment of fuel fees for the month of December 2024. According to industry sources, Nepra set a general hearing on February 26, 2025, to consider the K-Electric (KE) request to … Read more
Islamabad: The total debts of the central government in Pakistan reached the highest new level. 71.64 trillion in December 2024, which reflects a 10 % increase compared to the same month last year. According to the latest data issued by the Pakistani Bank (SBP), the public debt shares rose from rupees. 65.19 trillion in December … Read more
Washington: US consumer price inflation rose for a third straight month in December as energy prices rose, according to government data published on Wednesday, increasing pressure on the Federal Reserve to halt interest rate cuts. The Labor Department said in a statement that the consumer price index accelerated to 2.9 percent last month compared to … Read more
Flows via Roshan Digital Account (RDA) rose to $203 million in December 2024, representing a 9% increase from $186 million recorded in November, according to data released by the State Bank of Pakistan (SBP) on Saturday. Of the total inflows in December, $13 million was repatriated, while $113 million was used domestically. Net repatriable liabilities … Read more
ISLAMABAD: Pakistan’s cement shipments witnessed a mixed trend in December 2024, with domestic despatches declining by 4.76% while exports rose significantly. Data from the All Pakistan Cement Manufacturers Association (APCMA) revealed that domestic despatch stood at 3.370 million tons in December 2024, down from 3.539 million tons in December 2023. In contrast, exports rose by … Read more
Pakistan’s monthly imports of goods reached $5.2 billion in December 2024, the highest figure in two years and an increase of $800 million compared to November 2024’s $4.4 billion. This recovery comes after a decline to $4.5 billion in December 2023, reflecting renewed momentum in trade flows and regional partnerships. Imports from Iran saw a … Read more
Prime Minister Shehbaz Sharif on Wednesday praised Pakistan’s ability to achieve economic stability and achieve fiscal targets despite ongoing political turmoil and attempts at destabilization. Addressing the Federal Cabinet meeting, the Prime Minister highlighted important milestones in resource mobilization, trade efficiency, and anti-smuggling efforts. Prime Minister Shehbaz said: “The protests tried to derail the economy, … Read more
Gold prices in Pakistan fluctuate frequently based on international market trends. The prices mentioned are provided by local gold markets and Sarfa markets in various cities.\