ISLAMABAD: No subsidy given to the power sector in the previous fiscal year, the Ministry of Water and Power has acknowledged. The ministry has said that a large part of the cost of power subsidy is being recovered by levying the tariff…
ISLAMABAD: The Economic Coordination Committee (ECC) of the cabinet has allowed export of 0.3 million tonnes of urea fertilizer till 28th of April this year without any subsidy. The meeting of the committee was held in Islamabad on…
LAHORE: Minister for Trade and Commerce, Khurram Dastagir on Friday said it has become inevitable to privatize Pakistan International Airlines (PIA) for the government can't provide Rs 40 billion subsidy every year, ARY News reported.
ISLAMABAD: International Monetary Fund (IMF) has instructed Pakistan to end its circular debt on energy sector, reduce the subsidy provided to consumers on electricity and privatize state institutions, ARY News reports.
ISLAMABAD: Pakistan has signed deals to export 250,000 tonnes of sugar, after the government approved in December a subsidy of $100 a tonne for overseas sales of 650,000 tonnes of the sweetener lying with its mills, a top industry official…