Islamabad, Riyadh to ink loan deal
Discussion will take place on $500m loan during PM Imran’s visit next week
Petroleum Division has cleared a draft oil refinery policy that will be shared with Saudi Arabia during the visit of the prime minister. PHOTO: FILE
ISLAMABAD:
Pakistan and Saudi Arabia will sign a memorandum of understanding (MoU) for a $500 million loan during next week’s visit of Prime Minister Imran Khan, as both countries seek to revive ties after passing through a difficult year.
Discussions will also take place on an oil refinery project, but no immediate breakthrough on the $5-7 billion scheme is expected. “Pakistan is going to share a new oil refineray policy with the kingdom,” a PM aide said.
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SAPM on Power Tabish Gauhar holds a UAE Iqama: official documents
By
Friday Feb 19, 2021
The Prime Minister honourably appointed Tabish Gohar as his Special Assistant Special Power Division on October 1, 2020. Photo Courtesy: Geo Urdu
SAPM on Power Tabish Gauhar has been an iqama holder since 1999
The prime minister appointed Tabish Gohar as the SAPM on Power on October 1, 2020 in an honourary capacity
Gohar is the first member of PM Imran s cabinet to have a permanent residence permit in the UAE
ISLAMABAD: Special Assistant to the Prime Minister on Power, Tabish Gauhar, holds a UAE permanent residency Iqama, according to official documents seen by Geo News.
January 22, 2021
ISLAMABAD: The government Thursday increased power tariff by Rs1.95 a unit to overcome the deficit inherited from the former PML-N government due to its flawed policies and to keep the industrial wheel in motion.
Two major achievements of the PTI government in the power sector are retirement of 50 percent of old, inefficient state-owned power plants and agreements with the IPPS, which will reduce burden on the power sector by over Rs800 billion over the next two decades.
The new rates would be applicable once the National Electric Power Regulatory Authority (Nepra) issued a notification. Federal Energy Minister Omar Ayub announced said this while addressing a press conference here. He was flanked by Planning and Development Minister Asad Umar and PM’s Special Adviser on Power Tabish Gauhar.