IMF
ISLAMABAD, Sep11: The Punjab government has rescinded a 14-rupee per unit electricity subsidy for Islamabad consumers, following pressure from the International Monetary Fund (IMF). As a result, federal area residents will not receive this subsidy on their September utility bills. According to a notification from Islamabad Electric Supply Company (IESCO)
infilation
LAHORE, Aug: Inflation rates have surged to their highest level in eight months, with a 2.1 percent increase recorded in July 2024. This marks the steepest monthly rise since November 2023. Despite the sharp monthly increase, the annual inflation rate has dropped to 11.1 percent, down from 28.
Food Prices
ISLAMABAD, May 18: Pakistan's inflation rate continued its downward trend, dipping 1.06% in the latest week. This brings the annual inflation rate to 21.22%. The Federal Statistics Agency's weekly report highlights price fluctuations across essential commodities. While 16 items, including wheat flour, tomato, onion,
Gas
Lahore: Residents of Pakistan should brace themselves for even higher gas prices, according to a recent statement made by Chairman of the Oil and Gas Regulatory Authority (OGRA), Masroor Khan. Speaking after a public hearing on the proposed increase in gas tariffs, Khan revealed that Sui Northern Gas Pipelines Limited