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Rs1.54tr in power subsidies sought

Rs1.54tr in power subsidies sought

ISLAMABAD, (MANEND NEWS): The Ministry of Energy has demanded Rs1.54 trillion in power subsidies for the next fiscal year, a colossal amount that is 70% more than this year’s revised budget, aimed at reducing circular

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Banks instructed to deduct 0.25% export surcharge

Banks instructed to deduct 0.25% export surcharge

KARACHI, (MANEND NEWS): The State Bank of Pakistan (SBP) has taken steps to collect funds from exporters in an effort to boost the country’s overseas sales. The move comes after a staggering 21% drop in

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Pakistan has placed first order for discounted Russian crude oil: minister

Pakistan has placed first order for discounted Russian crude oil: minister

(MANEND NEWS): Pakistan has placed its first order for discounted Russian crude oil under a new deal struck between Islamabad and Moscow, State Minister for Petroleum Musadik Malik has said. “Our orders are in, we

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Rupee stays stable against US dollar, settles at 283.89

Rupee stays stable against US dollar, settles at 283.89

(MANEND NEWS): The Pakistani rupee remained largely unchanged against the US dollar during trading in the inter-bank market on Wednesday. According to the State Bank of Pakistan (SBP), the local currency settled at 283.89, an

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