Economy

Senate Committee Takes Notice of Issues Pertaining to Furnace Oil and LNG Imports

The Senate Standing Committee on Cabinet Secretariat, in its meeting, on Thursday, at Parliament Lodges, discussed in detail the impact of furnace oil import on oil refineries and recurrent LNG issues.It also took stringent notice of the issues related…

Economy

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

Amid the National Assembly session on the Finance (Supplementary) Bill, 2021 and the prevailing LNG shortage, the electricity consumers have again been burdened with fuel cost adjustment for the month of November, as National Electric Power Regulatory …

Economy

National Assembly Finally Passes Finance Bill 2021 Into Law

The National Assembly (NA) has passed the contentious Finance (Supplementary) Bill, sometimes known as the “mini-budget,” in the penultimate hour of the day, in a longer session with fierce resistance from opposition benches.The NA approved the governm…