June 30, 2022: Pakistan urgently needs a wider tax base through documentation and by netting millions of identified non-filers and tax evaders to pocket hefty pilfer-aged revenue rather than over burdening the existing
June 30, 2022 (MLN): As Pakistan is getting closer to an International Monetary Fund (IMF) loan, the country would probably have to increase fuel prices along with the policy rate by 50 bps
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
June 29, 2022: Federal Minister for Finance and Revenue, Miftah Ismail here on Wednesday said the government was taking all required measures for enhancing the ease of doing business and providing export friendly
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
Jun 29, 2022: Minister of State for Finance and Revenue Ayesha Ghous Pasha on Wednesday dispelled the impression that the incumbent government had taken extra pressure of the International Monetary Fund (IMF) to
June 29, 2022: After the United States and China, Pakistan is now the third-largest popular new seller on Amazon Marketplace with over 1.2 million registered vendors. Pakistan was allowed to enter Amazon in
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
June 29, 2022 (MLN): The National Assembly on Wednesday has passed an amendment to impose a Rs50 per litre levy on petroleum products, Dawn reported today. Commenting on the above development, Finance Minister
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
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
June 29, 2022 (MLN): The coalition government has started consultation on procuring Russian oil and gas at much cheaper rates than currently available in the international market. In this regard, the Petroleum Division
June 28, 2022 (MLN): ICT export remittances including telecommunication, computer and information services have dropped by 27% MoM to $183 million in May 2022, the lowest monthly number since February 2021, data revealed
June 29, 2022 (MLN): Pakistan received fresh external loans of $13.54 billion in 11 months of the ongoing fiscal i.e., July- May FY22 from multiple financing sources against the annual budget estimates of
June 28, 2022 (MLN): The All Pakistan Textile Mills Association (APTMA) on Tuesday requested Prime Minister Shehbaz Sharif to announce competitive prices of electricity and gas for the textile sector before June 30,
January 31, 2022: The Executive Committee of the National Economic Council (ECNEC) here on Monday approved the Punjab Arterial Roads Improvement Programme (PARIP) worth Rs. 129,944.15 million (US$ 773.20) to improve road infrastructure in the
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,
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
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