June 28, 2022: The European Central Bank will go “as far as necessary” to fight inflation that is set to remain “undesirably high” for “some time to come”, its president said Tuesday. Soaring
June 28, 2022 (MLN): The amount of tax collection by the Federal Board of Revenue (FBR) for the first time reached Rs6 trillion in the fiscal year to date (FYTD). Last week, the
June 28, 2022: Prime Minister Shehbaz Sharif on Tuesday said the current economic scenario of Pakistan required tactical solutions to address economic problems and stressed rising above politics to sort out the financial
June 28, 2022: Moody's ratings agency has confirmed that Russia defaulted on foreign debt for the first time in a century after bond holders did not receive $100 million in interest payments. The
June 28, 2022 (MLN): Repatriation of profit and dividends by foreign investors increased by 7% YoY to $1.6 billion in 11MFY22 compared to the $1.50bn recorded in the same period of FY21, mainly
June 28, 2022 (MLN): National Prize bonds of various denominations issued by the government will not be redeemable after June 30, 2022, as per the statement issued by National Savings. The finance ministry
June 28, 2022 (MLN): The government of Pakistan has finally received the Memorandum of Economic and Financial Policies (MEFP) from the International Monetary Fund (IMF) earlier this morning which is a crucial step
Jun 27, 2022: The Trade Development Authority of Pakistan (TDAP) should explore new markets to increase country's exports for which special attention will have to be paid to markets of Africa and the
Jun 27, 2022: Prime Minister Muhammad Shehbaz Sharif Monday approved the import of super-critical quality coal from Afghanistan in Pakistani rupee instead of dollars to help generate low-cost electricity in the country. The
Jun 27, 2022: The Central Development Working Party (CDWP) has cleared 19 development projects worth Rs 142.3 billion while recommending six projects to the Executive Committee of National Economic Council (ECNEC) for approval
June 27, 2022 (MLN): Federal Minister for Finance and Revenue, Miftah Ismail assured the Pakistan Manufacturers Association (PMA) of resolving their issues and providing maximum support to them, said a press release issued
Jun 27, 2022: Electricity was likely to become more expensive by Rs 7.90 per unit for May, according to preliminary scrutiny of data conducted by National Electricity Power Regulatory Authority (NEPRA). According to
Jun 27, 2022: The Central Directorate of National Savings (CDNS) on Monday attained the target of issuing Rs. 1110 billion fresh bonds in the last months of current fiscal year 2021-22, from July
June 27, 2022 (MLN): In order to facilitate taxpayers in payment of duty and taxes, the State Bank of Pakistan (SBP) has decided that the field offices of SBP Banking Services Corporation (SBP-BSC)
Jun 27, 2022: The government has notified the revised control lists of goods, technologies, material and equipment that are subject to Strategic Export Control Division (SECDIV) license for export, the Foreign Office said
January 31, 2022: Mr. Ghias Khan, President & Chief Executive Officer, Engro Corporation Limited has taken over as the President of the Overseas Investors Chamber of Commerce and Industry (OICCI) for the 2022 term, a
January 31, 2022 (MLN): In response to the news circulating on social media that Economic Affairs Division (EAD) has prepared a plan for obtaining $5 billion new loans from China, Russia and Kazakhstan, the ministry
January 31, 2022 (MLN): Pakistan has decided to seek $5 billion in loans from China, Russia and Kazakhstan to stabilize its decreasing foreign exchange reserves. According to the media reports, Pakistan plans to borrow $3
January 31, 2022: Adviser to Prime Minister on Commerce, Abdul Razak Dawood says Pakistan’s textile exports are set to swell to a record after gaining an edge over South Asian rivals during the corona pandemic.
January 30, 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
January 30, 2022 (MLN): Given a sharp rise in the crude oil price- which contributes the most to inflationary pressure around the globe, there are no signs that Pakistan’s yearly inflation would ease anytime soon
January 30, 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 weekly Sensitive Price Indicator (SPI) for the
January 29, 2022 (MLN): Chairman Finance and Revenue Committee Faiz Ullah Kamoka during his visit to KCCI informed that the Prime Minister has agreed to form a task force that will be a mediator between all the departments
January 29, 2022: Khawaja Shahzeb Akram, SVP FPCCI, has demanded that the unfair and burgeoning sales tax imposition on solar power equipment should be exempted for the consignments whose Letters of Credit and Bills of
January 28, 2022: After the successful launch of its digitized National Sales Tax Return (NSTR) last month, FBR achieved one more milestone as it has signed an MoU with the Central Board of Revenue (CBR),
January 28, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group witnessed a drop for the third consecutive week, going down by 0.11% WoW for the week ended January 27, 2022, weekly
January 28, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs600 billion into the market for 7 days at 9.87 percent. Summary of OMO Result
January 28, 2022 (MLN): Senate of Pakistan, on Friday has approved SBP amendment Bill 2021, as 44 votes were cast in favour of the bill compared to 43 against the bill. Having the SBP amendment
January 28, 2022 (MLN): The government of Pakistan is likely to get the controversial State Bank of Pakistan (SBP) Amendment Bill 2022 passed in today’s meeting of the Senate which is currently underway. The meeting
January 28, 2022: Foreign Minister Makhdoom Shah Mahmood Qureshi called his counterpart in Abidjan Kandia Kamissoko Camara here on Thursday and discussed matters of bilateral interest. Identifying mutual trust as anchor of their fraternal ties,
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