China has rejected Pakistan's request to waive PKR 170 billion in power sector charges. The setback has pushed Islamabad to ...

Officials are simultaneously seeking cabinet approval to revive an expired PKR 1.25 trillion circular debt banking facility, hoping to swap high cost liabilities for bilateral loans carrying interest ...

ISLAMABAD: As the government's search for $10 billion cheaper financing continues to pay off expensive energy loans, the ...

Pakistan's outstanding payments to China-Pakistan Economic Corridor (CPEC) power projects climbed to Rs. 423 billion by the end of FY2025-26. The ...

The federal government has extended its sovereign guarantee for Sui Northern Gas Pipelines Limited's (SNGPL) Rs. 50 billion ...

The federal government has signed a historic Rs1.225 trillion financing agreement with a consortium of 18 banks to address the country's ballooning power sector circular debt. Finance Minister ...

ISLAMABAD: The government is set to exempt state-owned energy companies from adopting international financial reporting ...

Pakistan has committed to notifying semi-annual gas tariff adjustments on July 1, 2026, and February 15, 2027, to maintain ...

KARACHI (Reuters) -Pakistan has signed term sheets with 18 commercial banks for a 1.275 trillion Pakistani rupee ($4.50 billion) Islamic finance facility to help pay down mounting debt in its power ...