Pakistan IMF Review Talks Near Completion for Fifth Loan Tranche Release
Pakistan and the IMF are expected to conclude review talks this week, with discussions covering tax collection, energy reforms, circular debt and the NFC Award.
Pakistan Targets $15 Billion Foreign Financing as IMF Seeks Faster Energy Reforms
Pakistan expects $15 billion in foreign financing this fiscal year while the IMF urges faster energy reforms and compliance with circular debt targets.
Pakistan, IMF Begin Fourth EFF and Third RSF Reviews for $1.2 Billion
Pakistan and the IMF have started the fourth EFF and third RSF reviews, with successful completion potentially unlocking about $1.2 billion in financing.
Power Division Asked to Provide Payment Plan for Mounting SNGPL Receivables
Petroleum Division has sought a workable payment plan from Power Division for SNGPL’s outstanding indigenous gas and RLNG dues, with timelines for settlement.
Pakistan Reviews Gas Market Reform Roadmap With World Bank To Create Competitive Energy Sector
Pakistan’s Petroleum Division and World Bank have reviewed a roadmap to transform the gas sector through deregulation, stronger regulation, Sui company restructuring, targeted subsidies and greater private sector participation.
National Assembly Approves Rs 18.77 Trillion Federal Budget
Pakistan lower house clears 125 demands for grants including a 3 trillion rupee defense package as the Finance Minister and opposition clash over taxation policy and economic relief.
Privatization Commission of Pakistan Requests Expressions of Interest for Three Major Power Distribution Companies
The Privatization Commission invites expressions of interest for the strategic divestment of FESCO, GEPCO, and IESCO, offering up to 100 percent equity stakes.
Punjab Government Establishes First Comprehensive Energy Policy and Regulatory Authority
The Punjab Energy Department partners with UNDP to launch the Electric and Power Regulatory Authority to enhance energy oversight and market efficiency.
Power Division Reports Rs1,837 Billion Circular Debt as Operational Efficiency Improves
The Power Division clarifies that the current circular debt of 1,837 billion rupees is a temporary fluctuation, with inefficiencies declining by 48 billion rupees this fiscal year.
Pakistan IMF Review Extended Amid Global Volatility and Reform Progress
Pakistan and the IMF extend talks on the EFF and RSF reviews to assess geopolitical risks and energy sector reforms for economic stability.