Pakistan’s September Power Fuel Cost Rises 37.5% as Generation Mix Shifts
Pakistan’s average power-generation fuel cost rose 37.5% year on year in September to Rs10.02 per unit, as more expensive diesel and imported coal offset modest demand growth.
Pakistan economy news, inflation, interest rates, taxation, energy and economic policy.
Pakistan’s average power-generation fuel cost rose 37.5% year on year in September to Rs10.02 per unit, as more expensive diesel and imported coal offset modest demand growth.
Finance Minister Muhammad Aurangzeb says energy supplies are sufficient through November, but Gulf infrastructure attacks and rising winter demand pose further risks.
Pakistan will chair the IMF and World Bank Boards of Governors in 2027, a procedural and diplomatic position that does not confer additional lending powers.
IESCO has requested a 54.4% increase in its proposed 2027 electricity tariff to Rs43.54 per unit; regulator NEPRA has not approved the increase.
State Bank foreign-exchange reserves rose $16 million to $21.469 billion in the week ending October 9, while Pakistan’s total liquid reserves reached $26.863 billion.
Pakistan's benchmark KSE-100 index rises 768.66 points, or 0.46%, in the 15 October trading session.
PCGA data show 3.208 million cotton bales arrived at ginneries by 30 September, up 5.39% year on year, despite a slower final fortnight.
The World Bank has rated progress on Pakistan's public-resource reform programme moderately satisfactory while warning of substantial implementation risks.
The government has raised petrol by Rs1.20 a litre to Rs393.86 and reduced high-speed diesel by 17 paisa to Rs396.65, effective 15 October.
Finance Minister Muhammad Aurangzeb and a US State Department representative discussed trade, energy diversification and potential investment financing in Bangkok.
A Qatari LNG cargo has allowed regasification to resume at Engro’s terminal, but Pakistan’s October supply outlook remains uncertain.
Pakistan calls for more representative global financial institutions and better development financing at a G-24 ministers' meeting.
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