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Pakistan

Pakistan approves $4.6bn plan to tackle power sector debt

19 June 2025

The Prime Minister, Shehbaz Sharif announced that the plan would bring sustainable reforms, reduce fiscal burden, and strengthen the country’s energy infrastructure without adding pressure on the national budget. The six-year plan will be financed through domestic commercial banks at an interest rate 0.9 per cent below the three-month Karachi Interbank Offered Rate, KIBOR, with […]

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Pakistani ex-PM, Khan, sentenced to 14 years in graft case

17 January 2025

A Pakistani court has convicted former Pakistan Prime Minister, Imran Khan and his wife, Bushra Bibi in a landmark graft case, sentencing Khan to 14 years in prison.

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