economycrisis

OGRA has prepared a summary for an increase in petroleum product prices up to rupees 7 per litre.

The govern­ment has decide­d to raise the electr­icity tariff by two per cent per annum on the direct­ives of IMF.

Gilgit-Baltistan government Will also supply flour to upper parts before first snowfall.

Financial constraints of the HEC lead to deferment of higher study programmes at foreign universities.

According to Kot Addu Power Company (Kapco), the turbines were closed because of the suspension of furnace oil.

The Karachi Electric Supply Company claims the frequent blacks outs are due to insufficient gas supplies.

DCO Sukkur powerless to take action against hoarders.

ECC rejects proposal to increase support price by Rs50-80 per 40 kilogrammes.

ECC had previously decided to finance the 1,100-MW project from public funds.

Second delegation of IMF review team, led by Adnan Mazarei, arrives.

The British Parliament member has stressed the need for a long term plan for socio-economic development in Pakistan.

President Zardari has set up a three-member ministerial committee to resolve the gas supply crisis.

Pakistan's mango produce suffering from 'the mango sudden death syndrome' every year.

MQM's reservations on the tax come under discussion, in the meeting attended by 62 parliamentarians.

40,000 megawatts of electricity can be produced in Gilgit-Baltistan if the available water resources used properly.

APA observed a strike against the government against its "one sided announcement".

Meetings to be organised with leather industry delegates to highlight and address issues faced by the trade.

Technical negotiations between International Monetary Fund team and Pakistan end.

Vice chairman of association says strike would continue until the government puts an end to gas loadshedding.

Noor Pur Shahan's residents have to scrabble for firewood in the dirt if they want a cooked meal.

KESC has to carry out load shedding in industrial areas under extreme circumstances.

Expiry of ordinance which authorised Nepra to increase tariff saves consumers in K-P from rise in their monthly bills.

The govt hopes to introduce Gilgit-Baltistan's precious stones to the international market.

Long power outages in the Swat region threatens work in the marble industry.

More than 300 CNG stations remain closed in Lahore, Multan and other parts of south Punjab as gas crisis worsens.

Increased load-shedding will result in massive closures and reduced production, warn industrialists in Karachi.

Karachi’s industrial zones face power outage increases by the Karachi Electric Supply Corporation.

If the slowdown persists it is likely we may see little or no growth in 2010-11.

The NEC will comprise of 15 members who will guide the government in taking key economic decisions.

Federal Minister for Water and Power says US to help Pakistan overcome power crisis.

Gas supply to CNG stations in South Punjab has been blocked for the second day.

OGDCL pipeline passing through village explodes, causing oil to spill in nearby fields.

Gilani says about 2,000MW have been added to the power-generation system.

CJP asks Pepco's counsel who conceptualised Rental Power Projects, during a suo moto case.

Long hours of power outages have crippled civic and commercial life in Gilgit.

The World Bank expresses reservations about draft of the reformed general sales tax (RGST) bill 2010.

A call for strike is issued by CNG Association and CNG Dealers Association against two-day CNG gas outage plan.

Sui Southern Gas Company warns gas supplies will remain severely affected in coming days.

Sindh refuses to grant the Federal Board of Revenue taxation rights on seven services.

The tone adopted by the State Bank of Pakistan in its annual report is cause for optimism in itself.

Pepco announces end to loadshedding across the country owing to reduction in demand-supply gap.

IMF and Pakistan are due to meet on Wednesday to discuss the release of the sixth tranche of a $11 billion loan.

The CNG Association has decided to close CNG stations in Punjab in protest against the loadshedding schedule.

SHC adjourns case, OGDCL says policy changes in the making.

Unaddressed structural weaknesses and key reforms fail to gain traction during outgoing fiscal year, says State Bank.

Negotiations between government and CNG Association end in failure as they can not agree on closure of CNG stations.

Pakistan’s total debt and liability stock increases, reaching Rs10.2 trillion by June 30, 2010 according to SBP.

Net income of Karachi Stock Exchange plunges 78% to Rs68.094m in 2009-10 compared with Rs314.085m the preceding year.

The stock market continues positive momentum for 4th day running on speculation of good corporate results.

KESC announces increase in duration of power outages for all consumers after after KANUPP encounters problems.