The Lahore Chamber of Commerce and Industry Wednesday called for macroeconomic reforms and policy changes in consultation with stakeholders for moving towards a path of sustainable economic recovery.
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DISCOS Regulator Asked To Freeze Capacity Payments
Senate Standing Committee on Power has asked National Electric Power Regulatory Authority (Nepra) to put capacity payment of Independent Power Producers (IPPs) on ice as Rs 1.2 trillion were paid as capacity payment during 2023.
Read MorePakistan Russia Oil Deal Countries To Make Own Sovereign Decisions Says US
The United States has said that the recent oil deal between Pakistan and Russia is a “sovereign decision” as the US does not intend to pull Moscow “off the energy market”.
Read MoreGas Meter Rent Increased From Rs40 To Rs500 Per Month
The Oil and Gas Regulatory Authority (OGRA) has increased the monthly rent for gas meters from Rs40 to Rs500 following a recent hike in gas tariff, ARY News reported on Wednesday.
Read MoreChina Assures Pakistan of Continued Support
The Chinese envoy assured Finance Minister Ishaq Dar of continued support to neighbouring Pakistan, which remains engulfed in a balance payment crisis.
The improvement came during a gathering between Ache Chunxue, Charge’d Issues, International safe haven of Individuals’ Republic of China, with Dar at the Money Division on Tuesday.
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