In a meeting with the International Monetary Fund (IMF), the Finance Division stated that the topic of distinct treatment in this case compared to other IPPs had been highlighted.
Economy
A distribution business does not levy a tax on the provision of natural gas, according to Justice Shahid Jamil Khan in a ruling on petitions from different companies.
The government intends to buy three LNG cargoes in May and three in June at competitive prices.
Government’s choice to maintain oil prices the same conveyed the IMF the incorrect message. The IMF programme cannot be revived unless the strategy is changed and they abolish the relief mechanism.
Turkish Ambassador Mustafa Yurdakul, Chinese Chargé d’affaires Pang Chunxue and members of Parliament were also present at the metro bus launching ceremony.
The New York Times stated that the European Union was working toward enacting a phased-in embargo on Russian oil, to allow Germany and other countries time to secure alternate sources.
China has agreed to roll over this commercial loan and Chinese officials are working out the technical details as a consortium of three banks was involved in it. The Chinese side is awaiting the visit of newly elected PM Shehbaz Sharif or a formal request from him.
In last few days (after removal of Imran Khan as PM), the stock market has gained nearly 2600 points as the clouds of uncertainty have started dissipating on the political front.