Aftab Maken ISLAMABAD: The International Monetary Fund (IMF) has proposed a new set of conditions for resolving Pakistan’s mounting gas sector circular debt, including formally recognizing the financial losses of the country’s two state-owned gas utilities and writing off unrecoverable receivables in their accounts. According to sources, the IMF has …
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–Afghan-Linked Cigarette Smuggling Network Poses a Serious Threat to Pakistan’s Economy and National Security BeNewz Report ISLAMABAD: A vast and highly organized network involved in the smuggling of Afghan-linked cigarette brands into Pakistan is depriving the national exchequer of billions of rupees in tax revenue every year while posing a …
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Aftab Maken ISLAMABAD: The government on Friday announced a sharp increase in the prices of petroleum products, raising the ex-depot price of High Speed Diesel (HSD) by Rs 31.05 per litre and Motor Spirit (MS), commonly known as petrol, by Rs 5.44 per litre. According to a notification issued by …
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BeNewz Report ISLAMABAD: Power sector circular debt climbed to Rs 1.924 trillion by May 31, 2026, significantly overshooting the government’s target and complicating its commitments under the International Monetary Fund (IMF) programme, according to official documents. The Power Division informed the Economic Coordination Committee (ECC) that despite improvements in recoveries, …
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Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has invited international suppliers to submit bids for the supply of one liquefied natural gas (LNG) cargo as the government moves to strengthen fuel supplies amid rising electricity demand and growing concerns over regional energy security. According to a tender issued on Tuesday, …
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—Power outages across Punjab are expected to intensify after Sui Northern Gas Pipelines Limited (SNGPL) declared force majeure on regasified liquefied natural gas (RLNG) supplies due to renewed tensions in the Strait of Hormuz, disrupting fuel deliveries for several key power plants Aftab Maken ISLAMABAD: Pakistan’s already strained electricity supply is …
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Aftab Maken ISLAMABAD: The Pakistan Medical and Dental Council (PM&DC) has issued new policy guidelines for Pakistani students seeking admission to undergraduate medical and dental institutions abroad, making compliance with academic, regulatory and licensing requirements mandatory from the 2024-25 academic session onward. According to the PM&DC, students who completed their …
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–Pakistan transfers management control of PIA to investor consortium after completing the first financial closing of the Rs180 billion privatisation transaction BeNewz Report ISLAMABAD: The Government on Monday transferred management control of Pakistan International Airlines Corporation Limited–PIACL–to an investor consortium led by Arif Habib Corporation Limited after successfully achieving the first …
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BeNewz Report ISLAMABAD: Thousands of Higher Secondary School Certificate (HSSC) Pre-Engineering students across Pakistan are set to appear in the National Aptitude Test (NAT-VI 2026), which will be conducted nationwide on Sunday, June 14, 2026, a key examination for students seeking admission to engineering and technical universities. The National Testing …
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Aftab Maken ISLAMABAD: Pakistan LNG Limited (PLL) has awarded the lowest evaluated bid for the supply of a spot liquefied natural gas (LNG) cargo to BP Singapore after completing the financial evaluation of bids received under its latest international tender. According to the evaluation report issued by PLL, the tender …
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