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Oil and gas sector drives PSX after dull session - Markets

Buying interest comes after reports that Pakistan is expected to resolve its circular debt of energy sector crisis

United statesShamshad akhtarPak petroleumPakistan stock exchangeUniversity of michiganFederal reserveInternational monetary fundFinance minister dr shamshadFirst reviewStand by arrangementCircular debtWall streetState bankElectric ltdPsx stocksPakistan stock market

Power tariff: Timely adjustments critical to energy sector viability: IMF

ISLAMABAD: Timely adjustments in electricity tariff are critical to restore energy sector viability while .

Gas regulatory authorityMinistry of powerNational electricityWorld bankNational electric power regulatory authorityInternational monetary fundStand by arrangementCircular debtCircular debt management planDebt management planElectricity policyBusiness recorderCaretaker governmentImf and pakistanElectricity tariffEnergy sector

Energy sector: Circular debt jumps to over Rs5 725trn

ISLAMABAD: Pakistan’s energy sector circular debt has jumped to Rs 5.725 trillion as of November 2023, of which.

Shamshad akhtarPublic sector companiesCompanies board of directorsFinance ministerPayment surchargeFinance ministryCompanies boardBusiness recorderMinister for power and petroleumDr shamshad akhtarTax revenueGas sectorPower sectorEnergy sectorCircular debt

PSO to get Rs100bn controlling stakes of Nandipur and Guddu power plants

Plan envisages cancellation of their privatisation to help deal with circular debt

Fawad hassanPrivatisation commissionPakistan state oilInternational monetary fundPakistan international airlinesWeb deskSteel millsNandipur power plantGuddu power plantSui northernCircular debtNandipur power plantGuddu power plantRupee devaluationPrivatisation commission

Hopium – II - Opinion - Business Recorder

Energy pricing fortnightly (fuel, LPG and LNG), monthly (power) and 6 monthly (gas) needs an approach that smoothens.

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