IN BRIEF The Oil and Gas Regulatory Authority (OGRA) has suspended the marketing licence of Hascol Petroleum Limited (HPL) for Khyber Pakhtunkhwa with immediate effect, besides imposing a penalty of Rs10 million on the company. The suspension comes as a result of he illegal operation of Amangarh Depot. “The government wants to continue economic reforms but there are two real challenges; arranging funding for pro-poor expenditures and prioritizing the need for development spending,” Special Advisor to the Prime Minister on Finance, Dr Abdul Hafeez Sheikh, during a virtual address to ministers and governors from the Middle East hike in the near future, as the Central Power Purchasing Agency (CPPA) has requested National Electric Power Regulatory Authority (NEPRA) to adjust monthly fuel The Lahore Police and district administration has sealed Hafeez Center Plaza, declaring it dangerous for business and other uses, pending an investigation, Sunday. Earlier, the Hafeez Center Market Association was made aware of 9 violations on August 18 which it ignored. The World Bank (WB) has agreed to enhance assistance for Pakistan to support the ongoing reforms, besides balancing a and programme lending. This assurance was expressed when a high-level Pakistan delegation, led by Economic Affairs Minister Makhdoom Khusro Bakhtyar. Rs 8.3 billion: Rs 13.13 billion: Bank Al-Habib continued its excellent showing, with an 87.30pc growth after Rs13.13 billion during the nine months period Rs7.01 billion for the corresponding period last year. Meanwhile, Bank Alfalah’s operating lockdown in the country and drop in year. 11
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