July 27, 2022: Federal Minister for Planning, Development & Special Initiatives Professor Ahsan Iqbal urged the Parliamentarians to play their role in achieving Sustainable Development Goals (SDGs) to eliminate poverty and hunger from
July 27, 2022 (MLN): The due-diligence process and on-site visits of the pre-qualified parties for the privatisation of Pakistan Steel Mills (PSM) have been started, Privatization Committee (PC) informed Federal Minister and Chairman
July 27, 2022 (MLN): The State Owned Enterprises (SOEs) have persistent issues that need to be resolved to improvise efficiency, Federal Minister for Finance and Revenue Miftah Ismail said while addressing the seminar
July 27, 2022 (MLN): Pakistan sovereign credit is under renewed pressure as bonds yields surge to levels last seen during the Global Financial Crisis, said JP Morgan in its latest report. “Pakistan with
July 27, 2022 (MLN): Pakistan’s Eurobonds continue to take a beating and have come under further pressure in July, despite the government managing to sign a Staff Level Agreement (SLA) with the IMF
July 27, 2022 (MLN): Pakistan is expected to secure $1.2 billion from the International Monetary Fund (IMF), according to Fitch Ratings and Moody’s Investor Service, which may help ease pressure on the nation’s
July 27, 2022: The government of Pakistan has allowed banks, DFIs and MFBs to disburse financing as per existing terms of MPMG in respect of cases approved and meeting any of the following
July 26, 2022 (MLN): Pakistan’s imports as of July 25 were recorded at $3.758 billion, Minister for Finance and Revenue, Dr Miftah Ismail on Tuesday said. “ Our total imports are likely to
July 26, 2022: The spokesperson of Ministry of Power on Tuesday said that the additional tax included in the commercial electricity bills was the sales tax. The spokesperson in a statement clarified that
July 26, 2022: Indus River System Authority (IRSA) on Tuesday released 375,623 cusecs water from various rim stations with an inflow of 483,519 cases. According to the data released by IRSA, the water
July 26, 2022: Southern Gas Company (SSGC) is currently in process of executing at least three strategic projects to supply gas to two Special Economic Zones (SEZs) and an industrial park in their
July 26, 2022 (MLN): The country’s overall nutrients offtake increased by 17.3% to 483,000 tonnes during June 2022 compared to the same month last year, the latest monthly report of fertilizer offtake issued
July 26, 2022: Walmart cut its profit outlook Monday as surging inflation prompts shoppers to cut back on higher-margin items as they contend with increased prices for gasoline, food, and other staples. The
July 26, 2022: Ukraine will likely export its first grain shipments under a UN-backed deal to lift Russia's blockade this week, days after missile strikes by the Kremlin threw the accord into doubt.
July 25, 2022 (MLN): The government on Monday finally allowed banks to resume disbursements to already approved cases under Mera Pakistan Mera Ghar Scheme (MPMG). Finance Division has today conveyed its permission to
February 28, 2022 (MLN): The government of Pakistan is seeking the services of five financial advisors by March 30, 2022, for the issuance of multiple bonds, a notice issued by the Finance Division said yesterday.
February 27, 2022 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic
February 27, 2022 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. The country’s total textile exports have posted a
February 26, 2022: Despite high commodity prices, overall balance of payments in January 2022 declined by 44%MoM to $1.1bn compared to $1.9bn during in December, Finance Minister Spokesperson Muzzammil Aslam tweeted on Saturday. “Imports starting
February 25, 2022: “The Track & Trace System (TTS) will help in bringing transparency to the tax collection process and that is the reason behind the strong support of the Prime Minister of Pakistan and
February 26, 2022: Special Assistant to the Prime Minister (SAPM) on Climate Change Malik Amin Aslam has said that Pakistan intended to adapt to the Zero-Carbon emission goal by 2050 in energy by using all
February 25, 2022 (MLN): The country’s total textile exports have posted a growth of 32% YoY to around $10.36 billion during the seven months (July-Jan) of the current fiscal year as compared to $7.86bn in
February 25, 2022 (MLN): The Real Effective Exchange Rate (REER) of Pakistan remained broadly unchanged at 97.03 in January 2022, observing no change from December 2021, the latest monthly data published by the State Bank
February 25, 2022 (MLN): Repatriation of profit and dividends by foreign investors mostly remained flat during the first six months of this fiscal year (FY22), the central bank data showed on Friday. The SBP data
February 25, 2022 (MLN): Pakistan’s total external debt servicing (principal and interest) by the government reached a total of $4.3bn at the end of 2QFY22, increased by a massive 2.6x compared to 1QFY22, latest data
February 25, 2022 (MLN): Pakistan’s external debt and liabilities (outstanding) reached an all-time high of $130.6 billion at the end of 2QFY22, an increase of $13.6bn or 12% YoY, the central bank data showed on
February 25, 2022: Despite considerable international geopolitical downside risks and emerging commodities supercycle phenomena, the government on Friday said that Pakistan's economy would reach around the original National Economic Council (NEC) economic growth target of
February 25, 2022 (MLN): The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on February 24, for the combined consumption group, witnessed a slight increase of 0.51 percent as compared to the
February 25, 2022 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during January 2022, followed by United Arab Emirates (UAE), Indonesia, Singapore, and the USA. According to the
February 25, 2022: The Skolkovo Foundation, Russia’s principal agency for the development and commercialization of advanced technologies and the Special Technology Zones Authority (STZA) of Pakistan have signed a Letter of Intent (LOI) to enhance
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