March 18, 2019 (MLN): The government sector’s net borrowing during current fiscal year (FY19) has accumulated to an amount of Rs.775.95 billion as of March 8, 2019, reported the State Bank of Pakistan
March 18, 2019 (MLN): Public sector spending in the first eight months of the current fiscal year amounted to Rs 373 billion. This means that out of the total allocation of Rs 675
March 18, 2019: Foreign Minister Shah Mahmood Qureshi is paying a four-day visit to China from today, to attend the First Pakistan-China Foreign Ministers’ Strategic Dialogue. A Foreign Office press statement said both
March 18, 2019: Asian markets rose Monday as investors tracked a positive lead from Wall Street on optimism over the China-US trade talks, while attention turns to the Federal Reserve's next policy meeting
March 18, 2019 (MLN): National Electric Power Regulatory Authority (NEPRA) is likely to increase fuel price adjustment for February 2019. According to a notice issued by NEPRA, Central Power Purchasing Agency Guaranteed Limited
March 18, 2019: Prime Minister Imran Khan has said a three week consultative process on ten year development plan for former FATA is being initiated. In a tweet today, he said the process
The government will introduce first-ever national emigration policy to devise comprehensive strategies to regulate welfare process of intending emigrants. According to the officials of the Ministry of Overseas Pakistanis and Human Resource Development,
March 18, 2019: Finance Minister Asad Umar says talks with the International Monetary Fund are in final stages. Talking to media in Islamabad, he said the government will have further negotiations with the
By Muzzammil Aslam PTI policy makers have not distracted from its policy set, yet to please any segment belongs to businesses, internal government, bureaucracy, bilateral partners or international multilateral agencies (including IMF). The
March 17, 2019: Pakistan imported medicinal product worth $656.092 million during the first seven months of current fiscal year, showing growth of 9.74 percent, when compared to the import of $597.844 million during
March 17, 2019: The Gross Domestic Product (GDP) is expected to grow at an average of 5.4 percent during the next five years, with highest growth of 6.7 percent to be witnessed in
March 17, 2019: Pakistan Standards Quality Control Authority (PSQCA) has issued around 27 licenses to the carbonated beverage companies for selling different kind of drinks during the last three years. The companies including
March 17, 2019: As many as 3.41 million of Pakistani workforce were sent abroad for different jobs during the last five years, the data shared by Bureau of Emigration and Overseas Employment revealed.
The departed week remain satisfactory from an economic perspective, as the Chairman of Securities and Exchange Commission Pakistan (SECP), Mr. Farrukh Sabzwari together with the World Bank launched a Corporate Sector Report on
ISLAMABAD, March 17: Pakistan is determined to start practical work on its section of the multi-billion dollar Turkmenistan-Afghanistan-Pakistan-India (TAPI) gas pipeline project during the current year and complete it within the stipulated time
A 3-member delegation of the KfW – a German financial institution – headed by Dr. Frank Albert, Division Chief, Infrastructure and Financial Sector today called on WAPDA Chairman Lt Gen Muzammil Hussain (Retd) at WAPDA
Minister for Defence Production Rana Tanveer Hussain has expressed the confidence that Pak-UK relations would continue to evolve on principles of mutual respect, shared common interest and understanding each other's perspectives. He was talking to
Amjad Ali, chief executive officer of Alternate Energy Board said by 2020 the investment in clean energy would reach 3 billion dollars and energy generation might reach 2500 Mega Watt. Amjad Ali, while during a
National Assembly was informed on Tuesday that a committee headed by deputy governor State Bank has been established to improve the operations of foreign branches of Pakistani banks as per the international standards. Responding to a call
Responding to the motion on excessive bills, Minister of State for Power Abid Sher Ali said that mobile meter reading system has been introduced in different areas of the country to check over billing. The
Sindh Transport, Labor and Information Minister Syed Nasir Hussain Shah has said that the Government of Sindh is taking concrete steps to dilute the traffic congestion and improve existing transport system. In this regard, Government
A three-day single country Thailand Exhibition eyeing around 50,000 visitors from all walks of life will be opened on September 22nd2017 at Pearl Continental Hotel Karachi. President Karachi Chamber of Commerce & Industry (KCCI) Shamim
A UK delegation led by Minister of State for Trade and Investment Rt Hon Greg Hands visited FBR House on Monday and held a meeting with Special Assistant to Prime Minister on Revenue Senator Haroon
Interior Minister Professor Ahsan Iqbal has asserted that the Pakistan and the other countries in the region will get the dividends from the economic repercussions attached with China Pakistan Economic Corridor (CPEC) adding that it
The Indus River System Authority has given a No Objection Certificate for the construction of Mohmand Dam MOHMAND DAM TO BE CONSTRUCTED ON SWAT RIVER AT COST OF $3 BILLION IT IS EXPECTED TO BE
Federal Board of Revenue (FBR) has stepped up its campaign of reaching out to big organizations and companies to boost the filing of Income Tax returns. A team of FBR's Facilitation and Taxpayers Education (FATE)
Air Chief Marshal Sohail Aman (NI (M), Chief of the Air Staff has encouraged the private sector to explore aviation sector which offered huge business prospects for them. He was addressing a dinner reception as
President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and Former Provincial Minister Mian Zahid Hussain on Monday lauded the response of
Pakistan and the UK enjoy a shared history and a shared future. At this pivotal moment, marking 70 years of diplomatic relations, we reconfirm our ambition to build shared prosperity between our two countries. We
The net tax collection by Federal Board of Revenue (FBR) during the first two months of the current fiscal year increased by 21.02 percent as against the same period of last year. The gross revenue
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