Interim prime minister says consistency of policies between governments not possible in parliamentary system
oil
Petrol price reduced by Rs. 10/liter, while high-speed diesel slashed by Rs. 7.5/liter
Proposal, which calls for crackdown on electricity theft, will be present to cabinet for final approval
Russia to Provide Petrol, Diesel to Pakistan at Discounted Rates: Malik
by Staff Reportby Staff ReportState minister for petroleum says he hopes to materialize commitments into formal agreements in January
Finance Division notification increases petrol rates by Rs. 1.45/liter, while retaining tariffs of high-speed diesel and reducing kerosene and light-diesel rates
No Deal with Previous Government for Discounted Wheat and Oil: Russian Envoy
by Staff Reportby Staff ReportAmbassador Danila Ganich rubbishes claims of PTI chairman, adding he can’t comment on any potential discounts for commodities’ import
Russia Has Not Offered to Sell Cheaper Oil to Pakistan: Miftah Ismail
by Staff Reportby Staff ReportFinance minister claims he is confident of reviving suspended IMF program after tabling budget for the next fiscal year
In national address, Prime Minister Ranil Wickremesinghe outlines crises facing country and details strategies to overcome them
In statement, Information Minister Marriyum Aurangzeb says PMLN supremo was informed that fuel subsidies have been retained to protect public from inflation
Both agreements—a $3 billion cash deposit with 4% interest and $1.2 billion deferred oil payment facility with 3.8% interest—must be returned in a year
The incumbent government would be best served by focusing on internal reform rather than moves that hurt ties with ‘friendly’ nations
In NEPRA public hearing, KE CEO says Islamabad has not provided the required quantity of oil and gas for electricity production
With Arab nations appearing to endorse the accord, it is likely to be gradually accepted by most major powers