May 31, 2022: The Institute of Chartered Accountants of Pakistan (ICAP) initiative of preparing Model Federal Budget 2022-23, along with ICAP proposals for Federal and Provincial Budget 2022-23 and presenting it to the
May 31, 2022 (MLN): The International Monetary Fund (IMF) is looking forward to facilitating review progress via continued dialogue and close engagement with Pakistan’s government, IMF Country representative Esther Perez Ruiz said while
May 31, 2022 (MLN): National Electric Power Regulatory Authority (NEPRA) has decided to raise the power tariff price by Rs3.99 per unit under the Fuel Cost Adjustment (FCA) for April 2022. NEPRA on Tuesday concluded
May 31, 2022 (MLN): While eroding consumers’ purchasing power inexorably, the gusty winds of inflation have taken a charge to further dent the already crippled economy as the headline inflation for May 2022
May 31, 2022: EU leaders on Monday backed a ban on most Russian oil imports, after a compromise deal with Hungary to punish Moscow for the war in Ukraine. The 27-nation bloc has
May 30, 2022: Minister for Power Engineer Khurram Dastgir on Monday said that the incumbent government under the leadership of Prime Minister Shehbaz Sharif was making all out efforts to mitigate peoples’ problems
May 30, 2022: Chargé d’Affaires of the European Union Delegation to Pakistan Thomas Seiler said that GSP status beyond 2023 was possible for Pakistan as the government had ensured the EU that all
May 30, 2022: Finance Minister Mr. Miftah Ismail has praised the contribution of Bank of China in financial and economic progress of Pakistan. He said this during the meeting with Mr. Wang Jie,
May 30, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail has stressed the business community for enhancement of exports to achieve economic growth and stability in the foreign reserves. He was
May 30, 2022: Minister for IT & Telecommunications Syed Amin-Ul-Haque on Monday said that Pakistan would surpass $3 billion IT exports target this year due to export boosting steps taken by the ministry.
May 30, 2022: Pakistan Bureau of Statistics (PBS) hosted on Monday a sensitization workshop on 7th Digital Population and Housing Census, 2022, in Peshawar to build confidence of Chief Secretaries, relevant secretaries, Divisional
May 30, 2022 (MLN): Federal Minister for IT & Telecommunications Syed Amin-Ul-Haque has said that the investments of Pakistani startups grew by over 5 times since 2020, MOITT through Ignite have been providing both
May 30, 2022: President of Pakistan, Dr Arif Alvi, has directed the Federal Board of Revenue (FBR) to bring into the tax net the unregistered wholesalers, dealers or distributors of sugar buying huge
May 30, 2022: The country’s fiscal deficit was recorded at 3.8 percent of the Gross Domestic Product (GDP) during the first three quarters of the current fiscal year compared to the 3 percent
May 30, 2022 (MLN): After considerable political uncertainty and economic crisis, the increase in domestic fuel prices by the government and the State Bank of Pakistan (SBP)’s policy rate hike of 150 bps-
December 22, 2021 (MLN): Prime Minister Imran Khan directed the authorities concerned to take all possible measures to facilitate potential investors in the IT sector, said a press release issued today. “We are focused on
December 22, 2021: Indus River System Authority (IRSA) on Wednesday released 62,387 cusecs water from various rim stations with an inflow of 38,744 cusecs. According to the data released by IRSA, water level in the
December 22, 2021: The government of Pakistan and the Asian Development Bank (ADB) on Wednesday signed a $1.54 billion loan and grant agreement to improve energy, transport, irrigation, and urban sectors in Pakistan, said a
December 22, 2021: Pakistan accords top priority to the development of Special Economic Zones under China Pakistan Economic Corridor (CPEC), Minister of State and Chairman Board of Investment (BOI),Muhammad Azfar Ahsan said on Tuesday. “Now –
December 22, 2021: Pakistan is focusing on geo-economics to implement its economic vision and for this purpose the promotion of regional connectivity was imperative, Minister for Foreign Affairs Shah Mahmood Qureshi said while speaking as a chief
December 22, 2021: SBP Aasan Finance Scheme (SAAF) will be a game-changer in enhancing access to finance to SMEs as it addresses the long outstanding challenge of lack of collateral faced by SMEs, Governor State
December 22, 2021: The recent amendments carried out through the Companies Amendment Bill, 2021 would significantly promote start-ups, business innovation, entrepreneurship, and improve the general business climate in the country, said a press release issued
December 21, 2021: The Cabinet today approved the Strategic Trade Policy Framework (STPF) till 2025. It aims to enhance the ability of Pakistani enterprises’ capacity to produce, distribute and sell products and services more efficiently
December 21, 2021 (MLN): The ongoing supply disruption of Urea has created a spell of worry among local farmers as they have to pay more (Rs600-700 per bag) than its actual price, as mentioned by
December 21, 2021 (MLN): USA remained as the top export destination for Pakistan with $2.68billion worth of shipments in Jul-Nov FY22, against the exports of $1.85 billion in the same period of last year, showing
Dec 21, 2021: Oil and Gas Development Company Limited (OGDCL) has carried out 336 Line-kilometer 2D seismic surveys in its various operational areas during first quarter of the current fiscal year, representing 42 per cent
December 21, 2021 (MLN): The incumbent government will pay $55billion of the total debt payments during its five years tenure compared to $27bn paid by the preceding government, Fawad Hussain Chaudhry, Federal Minister for Information
December 21, 2021 (MLN): Pakistan’s trade deficit in services widened by 5x YoY to $249 million during the month of November 2021 from $49mn in the same month of the previous year, the monthly data
December 21, 2021: Pakistan is committed to early completion of the Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project, President Dr. Arif Alvi said while talking to the visiting Foreign Minister of Turkmenistan, Mr. Meredov Rashid Ovezgeldiyevich, who called
December 20, 2021 (MLN): Pakistan’s current account deficit widened slightly by 8% MoM to stand at $1.9 billion in November 2021 from $1.76bn in October 2021 as imports outstripped strong exports & robust remittances, according
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