Tag: Saudi bailout
Pakistan receives second $1bn Saudi tranche
--Foreign reserves now stand at $9.24bn as third installment from Riyadh is expected in January
ISLAMABAD: Pakistan’s meagre foreign reserves were bolstered on Friday as the...
Govt holds NEPRA responsible for power tariff hike
--Finance Minister Umar says tariff increase will generate additional Rs130bn, will not affect 70pc consumers
--Asserts no conditions attached to Saudi bailout, Pakistan to...
Govt raises power rates a day after Saudi bailout
--ECC approves increase in tariff for consumers using more than 300 units, allows five per cent decrease in electricity rates for agriculture sector
--Consumers using...