Pakistan’s project performance down by 2%: ADB

Pakistan’s project performance down by 2%: ADB

The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) in its, “Annual Evaluation Review, 2020″ stated that for the years 2017-19 Pakistan’s project performance has decreased to 78%. It was up to about 80% for the years 2016-18. Uzbekistan’s performance, dropped from 89 percent in 2016-18 to 78 percent in 2017-19. Energy, the […]

Oil and Gas Sector on verge of shutdown, demanding relief package

Oil and Gas Sector on verge of shutdown, demanding relief package

Due to the diminished demand amid COVID-19 pandemic the oil and gas sector is facing huge losses every day and are on the verge of shutdown. The oil and gas exploration sector is also under a lot of economic pressure. The estimated loss to this sector is Rs 7.579 billion on account of reduction in […]