Govt was supposed to spend entire collection on mega pipeline projects

Govt proposed 300% hike in gas prices, but it could not be adopted

Experts term move positive development for earnings of oil companies

Relief comes on account of monthly fuel and quarterly adjustments

Pakistan planned on importing Russian oil in line with the price cap set by the US

It led to circular debt of billions that trapped state-run utilities

GSMA Asia-Pacific head says inability to attract investment is a major bottleneck

Says taxes impacting growth of IT sector as well

Hydropower plant closed since July 2022, robs national grid of 950MW

Auditors find mismanagement in purchase of spot LNG cargoes