Federal Budget: Subsidies to fall by 54%
KARACHI: The government is reducing its targeted subsidy balance by 54% YoY to Rs699 billion for FY23. The subsidies granted to Independent Power Producers (IPPs) and Pakistan Holdings Private Limited…
Pakistan stocks slip 1.5 percent
KARACHI: Pakistan stocks slipped 1.5 percent during the week ended November 24, 2017, which started off on a bearish note amid ongoing sit-in by religious parties, dampening investor’s sentiment. Consequently,…