Unveiling the soul of Pakistan's metropolis.
Karachi Matters
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Unveiling the soul of Pakistan's metropolis.
Karachi Matters Editor
The government has resolved to shut down five Independent Power Producers (IPPs) as part of its energy sector reforms, while negotiations with approximately 100 other IPPs are still ongoing.
According to reports from Geo News, discussions with all IPPs have not yet been finalized, but many have demonstrated a flexible approach towards reducing their profit margins.
The exact extent of the profit reduction is still being calculated as part of the ongoing negotiations
Karachi Matters EditorAccording to Media Reports, After 21 years, Pakistan’s national airline has achieved a historic financial milestone, recording a net profit of Rs. 26.2 billion in 2024. The airline also posted…
Karachi Matters EditorPakistan’s headline inflation dropped to 0.7% year-on-year in March 2025, marking a 59-year low — the lowest since December 1965, according to SBP data. This decline follows a 1.5% rate…
