By Staff Reporter
ISLAMABAD: The power regulator on Tuesday increased electricity tariffs by 39 percent for October 2023 to recover Rs32 billion from consumers under a monthly fuel adjustment mechanism.
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ADB lends $658.8 million to Pakistan for growth, education, food
By Staff Reporter
KARACHI: The Asian Development Bank (ADB) has approved three projects worth $658.8 million to help Pakistan achieve its goal of more inclusive and sustainable growth and development, the bank said on Wednesday.
PTI founder challenges party’s ‘rigged’ polls
By Staff Reporter
ISLAMABAD: A founding member of former prime minister Imran Khan’s Pakistan Tehreek-e-Insaf (PTI) has filed a complaint with the country’s election commission, accusing the party of holding “rigged and fraudulent” intra-party elections.
Pakistan clears funding hurdle for Feb 8 vote
By Staff Reporter
ISLAMABAD: The finance ministry said it released Rs17.4 billion to the country’s election commission, removing a hurdle for the national vote scheduled for Feb. 8 amid security challenges.
ECP seeks army and funds for February vote
By Staff Reporter
ISLAMABAD: The Election Commission of Pakistan, the body responsible for overseeing the country’s upcoming general elections, has asked the government on Tuesday to deploy the army and civil armed forces outside polling stations to ensure security and to release Rs17 billion in funds urgently needed for the conduct of the February polls.
Power companies overcharged customers by up to 100pc, regulator says
By Staff Reporter
ISLAMABAD: Pakistan’s electricity regulator has accused the country’s power distribution companies of overcharging customers by as much as 100 percent, in a report that exposed widespread malpractices and over-billing in the power sector.
Imran Khan asks court to summon US official, General Bajwa in cipher trail
By Staff Reporter
ISLAMABAD: Former prime minister Imran Khan, who faces charges of leaking state secrets, asked a special court on Monday to summon the US embassy representative and a retired army general as witnesses in his defense.
Pakistan faces delay in accessing $700 million tranche amid busy IMF board schedule
By Staff Reporter
ISLAMABAD: Pakistan is waiting for the International Monetary Fund (IMF) to approve the first review of its $3 billion Standby Arrangement (SBA) and release the second tranche of $700 million, but the IMF’s executive board is unlikely to take up the case until mid-December.
Gunmen kill eight in bus attack in northern Pakistan
By Staff Reporter
ISLAMABAD: Gunmen opened fire on a bus traveling on a mountainous highway in northern Pakistan on Saturday evening, killing at least eight people, including two soldiers and a police officer, and injuring 22 others, officials said.
PTI elects new chairman, rivals cry foul
By Staff Reporter
ISLAMABAD: The Pakistan Tehreek-i-Insaaf (PTI), led by former prime minister Imran Khan, elected a new chairman on Saturday in a controversial intra-party election that was challenged by its opponents and some of its founding members.