Stories from Salman Siddiqui
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Turkey opts to buy 52 Super Mushshak aircraft from Pakistan
Pakistan and Ukraine ink deal on upgrading Al-Khalid main battle tanks
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K-Electric seeks extra collection of Rs723m for fuel cost adjustment
If approved by NEPRA, power tariff will go up by Rs0.48 per unit for Oct
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Pakistani company produces country’s second drone technology
‘Arrow’ can fly non-stop for up to 15 hours, can be used for surveillance of development projects
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Withholding tax: Low-risk money market funds suffer
People have turned to high-risk equity funds due to WHT and low interest rates
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Over 20% smokers consume smuggled cigarettes
Average price of tax-evaded brands is Rs27 per pack, far below minimum tax of Rs33.8
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Social sector crowded out by debt servicing cost
War on terror, floods and earthquakes have caused a loss of $137 billion
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Pakistan increasing storage capacity to more than 20 days
Oil companies set to replace outdated petroleum products with higher quality fuels
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Mega power plants shut as demand drops massively
Electricity needs drop 7,000MW from the peak in summer months
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Power outages expected to persist: NEPRA report
Delays in completion of transmission lining projects will hinder progress
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‘Pakistan Development Update’: World Bank projects economy will grow at 5%, miss govt target
Forecasts 5.4% growth in FY18 due to performance of services sector