June 19, 2022 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. On Friday, the
June 19, 2022: The Union of Small and Medium Enterprises (UNISAME) has invited the attention of Miftah Ismail federal finance minister to the need to restructure and reinforce the SME Bank without loss
Market Data and Economic Indicators Weekly Performance 17-Jun-22 10-Jun-22 PKR InterBank 208.75 202.35 KSE100 Index 42,140.76 42,014.73 Avg Daily Volume 174,029,745 169,098,011 Gold (Karachi) Rs/10 gm 24 Kt 123,335 122,110 KIBOR
June 18, 2022: State Bank of Pakistan (SBP) Friday extended the validity period of the renewable energy financing scheme and Islamic financing facility for two years, up to June 30, 2024. According to
Jun 18, 2022: Prime Minister Shehbaz Sharif Friday felicitated the nation and welcomed the announcement of Financial Action Task Force (FATF) that Pakistan had met all its conditions for exclusion from the Grey
Jun 18, 2022: Federal Minister for Water Resources Syed Khursheed Ahmad Shah on Friday said the government had allocated Rs 105 billion in the federal budget 2022-23 for the construction of dams, and the amount would
June 18, 2022: Like many other governmental organizations, FBR has played a key role in completing the FATF actions related to DNFBPs, cash smuggling, investigating tax crimes for money laundering, and confiscating the
June 17, 2022 (MLN): The global financial watchdog, the Financial Action Task Force (FATF) has announced an onsite visit to Pakistan to check the real implementation of laws/procedures before announcing its decision on
Jun 17, 2022 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 3.38% during the week ended Jun 16, 2022 while the SPI increased by 27.82% compared to the
June 17, 2022 (MLN): To combat the shortfall between the supply and demand of the electricity, the government of Sindh on Friday announced an energy conservation plan as per which all the markets
June 17, 2022 (MLN): The inflow of foreign direct investment (FDI) into Pakistan in May 2022 stood at $141.2 million against the inflow of $170.6mn recorded in April 2022, the monthly data released
June 17, 2022 (MLN): After touching a record high level last month, Pakistan’s textile exports witnessed a fall of 5.6% in the month of May 2022 to $1.64 billion, while sustaining above the
June 17, 2022 (MLN): The import bill of oil was recorded at $2.65 billion in May 2022, 2.23x higher than May 2021, touching a historic high of $19.67bn, up by around 99% YoY
June 17, 2022: To reduce Sino-Pak trade deficit and boost trade facilitation, a research on China-Pakistan quality infrastructure establishment and connectivity was initiated recently by the Development Research Center, State Administration of Market
June 17, 2022: Target has been set to provide gas to approximately 736,060 new consumers during the next fiscal year 2022-23 across the country but subject to approval/revision by the Oil and Gas
January 12, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs730 billion for 3, 6 and 12 months. The auction target
Jan 12, 2022: The Fertilizer Manufacturers of Pakistan Advisory Council (FMPAC) on Wednesday clarified that none of its members had supplied Urea to any minister on preferential basis. With reference to claims made in the
Jan 12, 2022: The fertilizer review committee meeting Wednesday apprised of urea availability, daily supplies status and local production of urea in the country. It was noted that volume of urea supplies had been increased
Jan 12, 2022: The 'Cotton Crop Intervention Policy' expired without making any intervention whereas the prices of cotton crop remained stable above the bench mark of Rs 5,000 per 40 kilogram. The Policy was meant
Jan 12, 2022: Adviser to Prime Minister on Commerce and investment, Abdul Razak Dawood on Wednesday said the regional trade integration was necessary for increasing the local export to achieve the agenda of economic growth.
January 12, 2022 (MLN): Link International Exchange Company has distanced itself from Rahim Shah, who has been arrested by FIA Peshawar today, on account of illegal currency smuggling. In a statement given to Mettis Global
January 12, 2022: President, Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Shakeel Munir on Wednesday called upon all the stakeholders to accelerate efforts for maximizing exports under EU’s GSP Plus regime to improve the
January 12, 2022: Indus River System Authority (IRSA) Wednesday released 32,658 cusecs water from various rim stations with inflow of 52,140 cusecs. According to the data released by IRSA, water level in the Indus River
January 12, 2022: President Dr. Arif Alvi while upholding a decision of the Banking Mohtasib, has advised the National Bank of Pakistan (NBP) to pay PKR 500,000 to a citizen who had been the victim
January 12, 2022 (MLN): Majid Al Futtiam, an Emirati holding company based in Dubai has invested a further Rs 1 billion to its current investment Rs9.5bn in Carrefour, Abdul Razzak Dawood, the adviser to the Prime Minister
January 12, 2022: The federal cabinet meeting, chaired by Prime Minister Imran Khan on Tuesday, approved a Re1 per unit cut in electricity tariff for the next three months to provide relief to the people.
January 12, 2022: Prime Minister Imran Khan has said that the economy of the country is now stable and moving towards prosperity due to the prudent economic policies of the government. Addressing the inaugural session
January 11, 2022: A meeting of the Senate Standing Committee on Power deliberated over the development of the Power Planning and Monitoring Company (PPMC) and rehabilitation of de-licensed Public Sector power generation plants along with
Jan 11, 2022: Under PM's Agriculture Emergency Programme, Rs1.73 billion has been earmarked to provide subsidy on agriculture machinery to promote per acre production of sugarcane. According to Agriculture Department sources, the government is offering
January 11, 2022: Federal Minister for Finance and Revenue, Shaukat Tarin Tuesday said that the International Monetary Fund (IMF) wanted Pakistan to make structural changes for improving tax to GDP ratio from just 9 percent
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