Economy

CCoE Okays Restructuring of PEPCO as Power Planning & Monitoring Company

The Cabinet Committee on Energy (CCoE) has approved the summary submitted by the Power Division, seeking restructuring of the Pakistan Electric Power Company (PEPCO) with a changed nomenclature, i.e., Power Planning and Monitoring Company (PPMC). The r…

Economy

SBP Launches a Dedicated Website for Housing and Construction Finance

SBP has launched a dedicated landing webpage for promoting housing and construction finance on its website. The page contains extensive information on housing and construction finance and Mera Pakistan Mera Ghar (MPMG), the government’s flagship markup…

Economy

NEPRA Approves Huge Increase in Per Unit Cost of Electricity for October

Amidst the unabated overall price hike spree, the power tariff has taken yet another jump, as the National Electric Power Regulatory Authority (NEPRA) has approved Rs. 1.95 per unit price of electricity.NEPRA has issued a notification to this effect. T…

Economy

SPI-based Weekly Inflation Rises Due to Exorbitant Food Prices

The Sensitive Price Indicator (SPI) for the week ended October 7, 2021, recorded an increase of 1.21 percent, says the Pakistan Bureau of Statistics (PBS).The increase was mainly due to an increase in the prices of food items including chicken (17.12 p…