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Business

Web Desk Karachi
Feb 24, 2025

Government negotiates Rs1,240 billion loan to tackle circular debt crisis

Once the term sheet is completed, the government plans to borrow from banks for a seven-year period, which will be repaid by electricity consumers through a current debt servicing surcharge of Rs3.23 per unit incorporated into the tariff.

Pakistan

Web Desk
May 23, 2024

Electricity consumers brace for possible Rs5 per unit price hike

If approved, this move could impose an additional burden of over Rs310 billion on consumers.

Pakistan

Web Desk
May 21, 2024

NEPRA to consider Rs3.49 per unit electricity price hike

Approval of the proposal could potentially shift a burden of Rs34.5 billion to consumers, although not all electricity consumers will be affected by the increase.

Government negotiates Rs1,240 billion loan to tackle circular debt crisis

Electricity consumers brace for possible Rs5 per unit price hike

NEPRA to consider Rs3.49 per unit electricity price hike

Marka-e-Haq anniversary: ISPR vows stronger response to any hostile move against Pakistan

US-Iran peace deal gains momentum as Pakistan pushes for permanent truce

Grand ceremony held in Muzaffarabad to mark one year of Marka-e-Haq

Scheffler set for Scottish Open ahead of the Open title defence

CNN founder Ted Turner passes away at 87