ECC Approves Circular Debt Management Plan for 2024-25

ISLAMABAD: The Economic Coordination Committee (ECC) of the Cabinet approved a circular debt management plan for the fiscal year 2024-25 on Monday. This plan aims to reduce liabilities in the power sector and enhance financial sustainability. Meeting Highlights Federal Minister for Finance and Revenue Senator Muhammad Aurangzeb chaired the ECC meeting. Several key agenda items …

Pakistanis Brace for Fuel Price Hike Amid Economic Pressures

Pakistanis are preparing for another round of fuel price increases, potentially as high as Rs10.25 per liter for high-speed diesel (HSD), starting from October 16, 2024. The looming price hike adds to the country’s economic struggles, with inflation already affecting daily life. The Pakistan State Oil (PSO) is set to propose new fuel prices to …

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