IMF Pushes Pakistan to Revise NFC Award Formula ISLAMABAD — The International Monetary Fund (IMF) has asked Pakistan to review its National Finance Commission (NFC) Award in a bid to strengthen fiscal discipline, according to official sources. The proposed changes could reduce the provinces’ current share of 57.5 percent from the divisible pool. If the […]
According to sources, the company’s board has approved amendments to the power purchase agreement, which includes revising the existing tariff in line with the Task Force’s proposed tariff. As part of the agreement, Safa Power Company will adhere to the “Take and Pay” tariff agreement. The company has informed the Pakistan Stock Exchange about the […]