On 1 August, 2023, Pakistan Minerals Summit 2023 was jointly hosted by the Ministry of Petroleum and Barrack Gold Corporation. In his address, the Minister of State for Energy, Petroleum Division, Dr. Musadik Malik invited foreign investors to invest in various sectors of Pakistan, especially minerals and mining. He said that the aim of the […]
Complying with IMF conditions, Pakistan’s government sharply devalued the rupee, by around twenty-five rupees, which is ten percent of its value, unleashing a storm of inflation. A sharp increase in the prices of electricity, oil and gas is expected soon, with news that an ordinance to impose additional taxes of 300 billion is on its […]
Janata Bank and Islami Bank’s new loan scams have come to light soon after the incidents of the looting of Taka 95 billion from three banks by opening fake address and paper companies were revealed. On December 18, the Daily Star Newspaper published a report that in 2020, four big tycoons of the country took […]
In accordance with Cabinet Resolution No. 594 of 22/09/2021, the Tashkent City Administration and the Asian Development Bank signed an agreement on the provision of advisory services for the project: Modernization of the Heat Supply System for the City of Tashkent and its submission to the administration under the terms of a public-private partnership. The […]
The Ministry of Energy has announced the development of a three-phase project for the transition to the competitive wholesale electricity market for the period 2021-2025 with the handover of the sale of electric power to private companies.