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

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OMO: SBP injects Rs1.2 trillion for 73 days

OMO: SBP injects Rs1.2 trillion for 73 days

July 5, 2022 (MLN): State Bank of Pakistan on Tuesday injected Rs1.2 trillion into the money market through reverse repo purchase and Shariah-compliant mudarabah-based open market operation. As per the SBP statement, through

IRSA releases 291

IRSA releases 291,680 cusecs water

July 05, 2022: Indus River System Authority (IRSA) on Tuesday released 291,680 cusecs water from various rim stations with an inflow of 422,644 cases. According to the data released by IRSA, the water

RDA: Inflows jump by 32% in June

RDA: Inflows jump by 32% in June

July 05, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) have increased by 32% MOM and reached $4.6 billion by June 2022 since its launch in September 2020, the latest data

FY23: Difficult times ahead!

FY23: Difficult times ahead!

July 05, 2022 (MLN): Swelling tides of daunting challenges throughout the fiscal year 2022 have continuously been hinting that economic fundamentals are off the charts, obstructing a way to experience any sigh of relief

SBP to conduct 73-day OMO today

SBP to conduct 73-day OMO today

July 5, 2022 (MLN): The State Bank of Pakistan (SBP) announced that it will conduct a 73-day OMO today to inject funds into the market. The quotes timing is 11:30 PST while the

IMF programme is on track: Miftah Ismail

IMF programme is on track: Miftah Ismail

July 05, 2022: Federal Minister for Finance and Revenue, Miftah Ismail said here on Monday that Extended Fund Facility (EFF) programme with the International Monetary Fund (MF) was on track. The minister said

Textile exports cross $19bn mark in FY22

Textile exports cross $19bn mark in FY22

July 04, 2022 (MLN): Textile exports were recorded at $19.35 billion in the outgoing FY22, showing an upsurge of 26% YoY when compared to $15.41bn in FY21, according to the data issued by

Trade deficit declines by 30% MoM in January

February 2, 2022 (MLN): Pakistan's merchandise trade deficit for the month of January 2022 clocked in at $3.36billion compared to a deficit of $4.8bn in the previous month, depicting a decline of 30.2% YoY as

IPO, Telenor sign agreement for e-payment service

February 02, 2022: Intellectual Property Organization (IPO) and Telenor Pakistan on Wednesday signed an agreement for E-payment services. This will enable applicants to make online payments through different Telenor services like Easypaisa etc. The agreement

CDNS collects Rs560 bn fresh deposits by Jan 31

February 02, 2022: The Central Directorate of National Savings (CDNS) on Wednesday obtained Rs560 billion fresh deposits in the last seven months of current fiscal year 2021-22. The CDNS has set an annual gross receipt target

Pakistan, Turkey to strengthen cooperation in diverse areas

February 01, 2022: Pakistan and Turkey on Tuesday reviewed the entire spectrum of bilateral relations as well as opportunities to further strengthen cooperation in diverse areas including trade, investments and economic cooperation. The two sides reviewed

Govt committed to revive PIA’s past glory: Shaukat Tarin

February 01, 2022: Federal Minister for Finance and Revenue Shaukat Tarin on Tuesday said that the government believed in reviving and regaining the past glory of Pakistan International Airlines (PIA) and making it a profitable organization.

FBR launches automated CDS

February 1, 2022: Achieving yet another significant milestone towards automation and data integration in order to facilitate the taxpayers and the passengers flying in and out of the country, FBR has launched an automated Currency

Pakistan raises $1bn through International Sukuk

February 1, 2022: The government of Pakistan has successfully raised $1 billion through the issuance of International Sukuk. The transaction generated great interest as leading global investors from Asia, Middle East, Europe and the US

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