Pakistan is set to achieve significant cost savings and reduce its reliance on imported fuel through a major reform in Thar coal mining operations. The country’s Power Division Pakistan has announced a transition from diesel-powered mining to electricity supplied through the national grid, a move expected to deliver both economic and operational benefits. The initiative […]
Pakistan, IMF Reach Staff-Level Agreement Worth $3.3 Billion Under EFF and RSF
Pakistan and the International Monetary Fund (IMF) have reached a staff-level agreement under the Extended Fund Facility (EFF) and the Resilience and Sustainability Facility (RSF), a major step signaling renewed confidence in Pakistan’s economic management and reform progress. The agreement covers the second review of the EFF and the first review of the RSF, with […]