Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

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SBP raises Rs1.74 trillion through T-bills auction

SBP raises Rs1.74 trillion through T-bills auction

June 29, 2022 (MLN): The State Bank of Pakistan (SBP) has raised Rs1.74 trillion through the auction of three, six, and twelve-month T-bills against the target of Rs800bn and maturity of Rs791bn. In

NA passes Finance Bill FY23

NA passes Finance Bill FY23

June 29, 2022: National Assembly on Wednesday passed the Finance Bill-2022 after clause by clause consideration and adopting certain amendments in it. Minister of State for Finance and Revenue Aisha Ghaus Pasha moved

CAD to settle around $1bn in June'22: MoF

CAD to settle around $1bn in June’22: MoF

June 28, 2022 (MLN):  The Current Account Deficit (CAD) which remained high during the first three quarters of the current fiscal year, may decelerate and settle at around $1 billion in June 2022, Monthly

IRSA releases 199

IRSA releases 199,937 cusecs water

June 29, 2022: Indus River System Authority (IRSA) Wednesday released 199,937 cusecs water from various rim stations with an inflow of 202,295 cases. According to the data released by IRSA, the water level

IMF sets four tough conditions to revive loan program

IMF sets four tough conditions to revive loan program

June 29, 2022 (MLN): International Monetary Fund (IMF) has set four tough conditions to revive stalled $6 billion loan program, Express Tribune reported today. These conditions were an increase in electricity tariffs, imposing

IT exports set to reach $3.5bn in FY22

February 1, 2022: Pakistan's IT sector is poised to grow exponentially in the coming months and years with Pakistan's IT exports growing from $2.1 billion to an approximate $3.5bn this fiscal year, Mr Barkan Saeed,

CPI review: Fade to black

February 1, 2022 (MLN): The grey clouds of inflation are slowly turning black wiping every clue for the common man to meet both ends as the latest inflation numbers unveiled by the Pakistan Bureau of

Money supply increases by Rs2.3tr in Dec

February 1, 2022 (MLN): The total money supply circulating within the economy during the sixth month of FY22 has been recorded at around Rs28.27trillion, according to provisional accounts on Monetary Aggregates for the month, maintained

NEPRA likely to raise power tariff by Rs3.12 per unit

February 01, 2022: The National Electric Power Regulatory Authority (NEPRA) on Tuesday concluded a public hearing into a petition of the Central Power Purchasing Agency's (CPPA-G) request for an Rs3.12 per unit increase in energy

Govt making all out efforts to facilitate expatriates

February 01, 2022: The incumbent government was making all-out efforts to provide maximum facilities to expatriates and their dependents in the country, an official source told APP on Tuesday. A series of projects and schemes was

Cabinet approves implementation roadmap of CTBCM: Senate told

February 01, 2022: Minister of State for Parliamentary Affairs Ali Muhammad Khan on Tuesday informed the Senate that the Federal Cabinet has approved the design and implementation roadmap of the Competitive Trading Bilateral Contract Market

Pakistan is open to fully vaccinated travelers: CDC

February 01, 2022 (MLN): People who have received all recommended COVID-19 vaccines, including any booster dose(s) can travel to Pakistan while properly wearing a well-fitted mask in indoor public places, the U.S. Centers for Disease

Pakistan’s yearly inflation at 13% YoY in January

February 01, 2022 (MLN): Pakistan's yearly inflation rate (new base 2015-16) in January 2022 was 13 percent compared to 12.3 percent in December 2021 and 5.7 percent in January 2021. The July-January average inflation is

LPG price increases by Rs119.12 per 11.8-kg cylinder

Feb 01, 2022: Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of February, increasing the commodity price by Rs119.12 per 11.8-kilogram cylinder. According

Govt kept POL prices unchanged

January 31, 2022 (MLN): Despite rising petroleum prices globally, the government on Monday kept petroleum product prices unchanged, rejecting OGRA’s proposal to increase POL prices by up to Rs. 16.79/Litre. According to a press statement

FBR surpasses 7 months target By Rs262bn

January 31, 2022: Federal Board of Revenue has successfully maintained the momentum of its growth trajectory in revenue collection as it collected net revenue of Rs 3,352 billion during July 2021 to January 2022 of

GO announces up to 50% salary raise for employees

January 31, 2022: Gas & Oil Pakistan Limited (GO), Pakistan’s fastest-growing oil marketing company has announced that it has decided to increase the salaries of its employees by up to 50%. Making the announcement, CEO,

Ghias Khan elected president of OICCI

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