Islamic Banks have made Rs.15 billion in profits up to June 30, 2018, a 25 percent rise in profits over the year compared to Rs.12 billion in profits for the same period last
The Union of Small and Medium Enterprises (UNISAME) has urged Prime Minister (PM) Imran Khan and his cabinet to revisit the highly important SME policy made by all the stakeholders, in collaboration with
During a meeting called by Prime Minister Imran Khan yesterday, a committee was formed under the secretary housing and works. This committee is responsible for the development of a comprehensive plan to construct
ISLAMABAD: ADB has allocated US $300 Million specifically for the Benazir Income Support Program (BISP), under its Country Operations Business Plan (COBP) for Pakistan, for the next three years from 2019-2021. This funding
As per a report issued to the Supreme Court on Monday, Pakistani’s own assets and properties worth $150 billion, in the United Arab Emirates (UAE). A chartered accountancy firm, A. F. Ferguson, submitted
Federal Minister for Finance, Revenue and Economic Affairs Asad Umar chaired the meeting of the Economic Coordination Committee of the Cabinet (ECC) this morning at the Cabinet Division. The meeting received a presentation
Islamabad Chamber of Commerce and Industry has shown concerns over 400 percent rise in Pakistan’s external and public debt during the last decade as the cost of rising debt servicing was taking a
The exports of cement from the country witnessed a decrease of 6.91 percent during the first month of the current fiscal year against the corresponding month of last year. Pakistan exported cement worth
In August, the SECP registered 1,101 new companies. As compared to the corresponding month of the last financial year, it represents a growth of 17 percent despite having Eid holidays, raising the number
Overseas Pakistanis Foundation (OPF) has established an Investment Facilitation Center for Overseas Pakistanis (IFC) to promote and sustain a mutually beneficial and symbiotic relationship between the government and overseas Pakistanis. According to the
Pakistan is very likely to seek an IMF program, as experienced technocrats advising the government are likely to point out how resorting to the Fund is a less riskier option, and far more
The domestic production of tractors during fiscal year 2017-18 witnessed a growth of 33.20 percent as compared to the production during the fiscal year 2016-17 During the period July-June, 2017-18 about 71,894 tractors
According to figures released by the PBS, the Yearly Inflation rate in August 2018 was 5.84 percent compared to 5.83 percent in July 2018 and 3.41 percent in August 2017. The July-August average
The Meeting of the Economic Coordination Committee of the Cabinet, held under the chairmanship of Asad Umar, Federal Minister for Finance, has decided that all demand for fertilizers are from now onwards to
Implementation Committee of Diamer Basha and Mohmand Dams (ICDBMD) / Pakistan Water and Power Development Authority (WAPDA) Chairman Lt Gen Muzammil Hussain (Retd), on Thursday, presented a detailed report to the Chief Justice
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