IMF team to visit Pakistan in May to discuss subsidies

Apr 25, 2022

Washington [US], April 25 : The International Monetary Fund (IMF) announced that it will be sending a mission to Pakistan next month after a...

World Bank lowers Pakistan's growth forecast to 4.3pc

Apr 14, 2022

Islamabad [Pakistan], April 14 : Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government,...

Pakistan: Federal government ends electricity subsidies for consumers

Oct 23, 2024

The Pakistan federal government has made a significant move regarding electricity subsidies. The government has decided to withdraw the electricity subsidy for consumers using...

China's removal of renewable energy subsidy will affect fight against climate change

Feb 15, 2022

Beijing [China], February 15 : China's decision to remove subsidies from the renewable energy tools will discourage the use of cleaner sources of energy...

Pak finance minister Ismail warns of default if subsidies not abolished till July

Jun 14, 2022

Islamabad [Pakistan], June 14 : Finance Minister Miftah Ismail on Monday said that Pakistan would default if the government did not abolish subsidies on...

Pakistan: Fuel subsidies to cost govt Rs 40 billion in fortnight

May 01, 2022

Islamabad [Paksitan], May 1 : Pakistan's decision of keeping the prices of subsidised petroleum products unchanged will cost the government Rs 40 billion in...