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Articles for tag: 397b, business, DISCO, drain, FY25, Latest, losses

January 17, 2026

News Desk

DISCO losses drain Rs 397b in FY25

NEPRA report reveals fiscal corrections have reduced cyclical debt, but utility performance remains poor Islamabad: Pakistan’s public sector electricity distribution companies continued to miss key performance benchmarks in FY2024-25 as excess transmission and distribution (T&D) losses and recovery shortfalls remained the main sources of financial stress in the electricity supply chain, according to the National Electricity Regulatory Authority (NEPRA) Industry Status Report 2025. NEPRA data showed that DISCOs recorded average T&D losses of 17.55% during the year, much higher than the permissible limit of 11.43%. The excessive losses created an unrecoverable economic impact estimated at Rs 265 billion. Despite repeated

January 10, 2026

News Desk

Losses of SOEs rise 300% to Rs 123 billion in FY25

A man walks past machines in the hot strip mill section of Pakistan Steel Mills (PSM) on the outskirts of Karachi February 8, 2016. — Reuters NHA is incurring a loss of Rs 153 billion and the toll model is straining finances. QESCO, SEPCO report losses of Rs 58 billion, Rs 29 billion, respectively. Pakistan Railways, PESCO, PSM add billions to SOE losses. Islamabad: Large loss-making state-owned enterprises (SOEs) posted a combined net loss of Rs 123 billion in FY2024–25, reflecting a sharp increase of nearly 300% compared to losses of Rs 30.6 billion reported in FY2023–24. The News reported

October 10, 2025

News Desk

Govt reviews GDP growth up to 3.04% for FY25

Representative picture of an economic growth. – Application file Economy worth $ 407.2 billion this year. Per capita income increases to $ 1,812. The strong growth of Q4 enhances the annual yield of GDP. Islamabad: The government has revised Pakistan’s GDP growth rate for the financial year (FY25) to 3.04%, from the previous temporary estimate of 2.68%, The news reported. According to updated data, the economy recorded a strong increase of 5.66% in the fourth quarter (April -June), which increased the total annual interest rate to 3.04%. The country’s financial size now is $ 407.2 billion, while per capita income

July 27, 2025

News Desk

ADB reviews Pakistan’s FY25 growth forecast at 2.7%

A picture of the logo of the Asian Development Bank. – Reuters/file The FY26 Growth Forecast was kept stable at 3%. Regional GDP decreased to 5.9% of commercial risks. US invoices, conflicts threaten regional supply chains. Karachi: The Asian Development Bank (ADB) has revised the provision of Pakistan’s economic growth for the financial year 2025 slightly up to 2.7%, than the previous 2.5% promotion in April, reporting stronger than expected industrial and industrial performance. The news reported. In the latest Asian growth prospects released on Wednesday, the Manila -based lender stated that the revised forecast reflects “a higher than expected

July 23, 2025

News Desk

Pakistan ensures foreign $ 12.4 billion loans in FY25, up to $ 2.6 billion

A person counts the dollar on this explanatory picture taken on May 30, 2022. – Reuters Foreign loan inflows to Pakistan rise by $ 2.6 billion to FY25. Foreign trade loans amounted to $ 4,297 billion a FY25. Saudi oil, ADB loans are pushing Pakistan’s FY25 borrowing at $ 12.4 billion. Islamabad: Pakistan has secured $ 12.4 billion in foreign loans during the financial year that ended in June 2025, increasing $ 2.6 billion compared to the previous year, according to figures published by the Economic Affairs Department (EAD). In FY24, the total disbursement in the form of foreign loans

July 20, 2025

News Desk

The demand for electricity in a grid weakens as the Solar intake FY25 Power Development

Employees washing the 300 kWp photovoltaic photovoltaic system after its installation at Nishtar Medical University and Multan Hospital on December 4 2022. – App The average fuel cost of power production is reduced by 2% during the year. Industrial users are increasingly shifting to confidence: Expert. Consumers continue to be burdened through capacity payments. Karachi: Energy production remained largely flat in the financial year 2024-25, as the growing adoption of solar energy and reduced industrial activity continued to suppress the demand for electricity in a grid, The news reported on Sunday. Official figures show that total electricity production reached 127,160

July 19, 2025

News Desk

Exports of textiles are increased by 7.2% to 17.88B to FY25

Listen to the article Lahore: Pakistan’s textile exports for the financial year 2024-25 have shown a stunningly positive trend, recording an increase of 7.22% and reaching $ 17.88 billion, compared to $ 16.68 billion in the previous year. This development has come despite the domestic and international challenges that had caused concerns between industry experts and textile products for a possible fall. Although the number is still short of the $ 19.30 billion record achieved by FY22, the recovery has brought careful optimism to the country’s most important export sector. Monthly data from June 2025 shows that exports amounted to

July 13, 2025

News Desk

Govt spent RS616BN to house the SOES cash in the first half of FY25

A person can see the organization of stacks of rupee notes. – AFP/file Ministry report reveals value subsidies Rs333bn. RS113.52BN provided as grants and RS92BN as loans. Grants available in national entities such as railways, GPAs. Islamabad: The federal government dropped 616 billion Rs in state -owned businesses (SOES) in just six months of the last year, a 42% jump from the same period last year, The news reported on Sunday. This huge rescue highlights the enormous financial burden of supporting public entities, especially in the field of power and utility. The support came in the form of loans, subsidies,

July 9, 2025

News Desk

Pakistan receives a record of $ 38.3 billion in fy25

A person shows US dollars at a currency exchange store in Manila, Philippines, October 21 2022. – Reuters Removals increase by 27% from FY24 to FY25. Monthly Inputs Top $ 3.4 billion in June 2025. Saudi Arabia sends the highest remittances in June. Karachi: Pakistan employees’ remittances amounted to $ 3.4 billion in June 2025, marking an increase of 8% annually, according to data from the Pakistani State Bank (SBP) on Wednesday. With this strong monthly inflow, total remittances for FY25 increased by $ 26.6% on a record of $ 38.3 billion, from $ 30.3 billion a $ 24. This

July 7, 2025

News Desk

Tax collection through electricity bills is reduced to RS490BN in FY25

A technician corrects new electricity meters in a residential building in Karachi on May 13, 2010. – AFP The leased people who paid RS552BN to FY25 show the FBR data. The share of the household sector is increased to 49.6% during the July-March FY25. This increase shows the relative expansion of home demand. ISLAMABAD: The government has collected RS490 billion through electricity bills in the form of tax withholding (WHT) and general sales tax (GST) by consumers in the financial year 2024-25, compared to the 600 billion RS rented during the same period. Temporary data from the Federal Board of

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