July 04, 2022: Indus River System Authority (IRSA) on Monday released 290,148 cusecs water from various rim stations with an inflow of 409,325 cases. According to the data released by IRSA, the water
July 04, 2022 (MLN): Pakistan’s oil marketing companies (OMCs)’ sales stood at 22.6 million tons (MTs) in the outgoing FY22, showing an increase of 16% YoY, which was much better than the last
July 4, 2022 (MLN): Pakistan's merchandise trade deficit reached an all-time high of $48.67 billion in FY22 compared to $30.9bn in FY21, marking a growth of 57% YoY, provisional data from official sources
July 3, 2022 (MLN): The federal government on Sunday notified five-day Eid ul Azha holidays in the country. According to a notification by the Prime Minister's Office, the Eid-ul-Azha holidays will be observed
July 03, 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
July 03, 2022 (MLN): The economic roundup contains the recent economic developments and financial data releases over the course of the week to keep an eye on next week’s trend. Pakistan's yearly inflation
July 2, 2022: The Federal Board of Revenue (FBR) on Saturday clarified about enhanced rate of Federal Excise Duty (FED) on international air ticket. The Federal Board of Revenue(FBR) has stated that Federal
Pakistan Ambassador to the United States Masood Khan has said that Pakistan’s year-on-year exports to the US have increased by 23% and last year, the total volume of exports, for the first time,
Jul 01, 2022: Minister of State for Energy Mohammad Hashim Notezai on Friday said that additional 5,000 megawatts electricity would be added in the system by March 2023. Addressing the people during an
July 1, 2022: Federal Board of Revenue (FBR) has uploaded the Income Tax Return forms for tax year-2022, a press release issued said today. Separate Income Tax Return forms for Salaried, Association of
July 1, 2022: In light of the ongoing power supply constraints, K-Electric today announced a rationalized load-shed schedule for its customers. The revised schedule is effective July 1, 2022. This step is being
July 01, 2022 (MLN): Energy inflation driven by the withdrawal of fuel and electricity subsidies pushed headline inflation to touch a 13-year high of 21.3% in June 2022 from 13.8% in May 2022
July 1, 2022 (MLN): Following the hike in petroleum product prices, the Oil and Gas Regulatory Authority (OGRA) on Friday, increased Liquefied Petroleum Gas (LPG) price by Rs1.66 per Kg for the month
July 01, 2022: The US delegation led by Mr. Dilawar Syed, State Department’s Special Representative for Commercial and Business Affairs showed their interest in investments in various sectors including wind, renewable energy, textile,
July 01, 2022 (MLN): Pakistani startups have raised around $104 million in the second quarter of 2022, down by 41% QoQ from $177M due to a slowdown in VC funding amid global macro
February 01, 2022 (MLN): People who have received all recommended COVID-19 vaccines, including any booster dose(s) can travel to Pakistan while properly wearing a well-fitted mask in indoor public places, the U.S. Centers for Disease
February 01, 2022 (MLN): Pakistan's yearly inflation rate (new base 2015-16) in January 2022 was 13 percent compared to 12.3 percent in December 2021 and 5.7 percent in January 2021. The July-January average inflation is
Feb 01, 2022: The Central Power Purchasing Agency (CPPA-G) has sought Rs3.12 per unit increase in power tariff for December 2021 under the monthly Fuel Cost Adjustment (FCA) mechanism. According to the petition submitted to
Feb 01, 2022: Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of February, increasing the commodity price by Rs119.12 per 11.8-kilogram cylinder. According
January 31, 2022 (MLN): Despite rising petroleum prices globally, the government on Monday kept petroleum product prices unchanged, rejecting OGRA’s proposal to increase POL prices by up to Rs. 16.79/Litre. According to a press statement
January 31, 2022: Federal Board of Revenue has successfully maintained the momentum of its growth trajectory in revenue collection as it collected net revenue of Rs 3,352 billion during July 2021 to January 2022 of
January 31, 2022: The Executive Committee of the National Economic Council (ECNEC) here on Monday approved the Punjab Arterial Roads Improvement Programme (PARIP) worth Rs. 129,944.15 million (US$ 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
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