Decision comes in face of price drop in local market, expected bumper sugarcane crop.

The loan would cover the rising costs of the hydroelectric power plant.

Receives Rs86.5b in taxes by Jan 26 against target of Rs140b.

Islamabad asked to seek unilateral trade concessions instead.

Telecom giant going for at least one of three licences up for grabs ; low base price of licence questioned in Senate.

Punjab sought more reliance on oil-based plants to improve goods supply.

Manila-based lender has threatened to suspend tranches for the loans if Islamabad does not get its act together.

Central Power Purchasing Authority to make interest payments as deal likely to be kept out of the budget.

PM proposed deal to parliament as solution to circular debt.

Legislation was required as a precondition to a $200 million ADB loan.