June 09, 2022 (MLN): Since the coming budget is also linked with the stalled International Monetary Fund (IMF)’s 7th review program, the coalition government will take tough structural reforms on June 10, 2022,
Jun 09, 2022 (MLN): Finance Minister Miftah Ismail on Thursday unveiled the Economic Survey of Pakistan 2021-22, which revealed that Pakistan’s economy grew at the rate of 5.97% in FY22 against the target
Jun 09, 2022: The Senate on Thursday passed the Fiscal Responsibility and Debt Limitation (FRDL) (Amendment) Bill, 2022 with a majority vote. The bill was moved by Minister of State for Finance, Aisha
June 9, 2022 (MLN): The National Electric Power Regulatory Authority (Nepra) has approved a massive increase of Rs7.82 per unit in the electricity tariffs for K-Electric consumers. As per the notification issued by
June 9, 2022 (MLN): President Arif Alvi on Thursday has approved a ten percent increase in the salaries and allowances of judges and higher judicial members. The president gave the approval on the
June 9, 2022: Federal Minister for Finance and Revenue, Miftah Ismail on Wednesday assured full support by present government to Ambassador of the United Arab Emirates, Hamad Obaid Ibrahim Salim Al-Zaabi and offered
June 9, 2022 (MLN): Moody’s Investors Service on Wednesday affirmed the B3 long-term deposit ratings of Pakistan’s top five banks and changed the outlook on the banks' long-term deposit ratings to negative from
June 09, 2022 (MLN): The government is likely to earmark Rs578 billion in the fiscal year 2022-23 while the energy sector will get lion’s share as Rs500bn to be allocated to this sector.
Jun 09, 2022: The Competition Commission of Pakistan (CCP) on Wednesday conducted search and inspection of three undertakings engaged in the supply of steel structures to DISCOS across Pakistan, on the suspicion of
June 08, 2022 (MLN): The K-Electric, one of the major electric supply companies of Pakistan has announced three hours long load shedding in all areas of Karachi with immediate effect. According to the
June 08, 2022: The federal government will launch the pre-budget document, Economic Survey of Pakistan 2021-22 on Thursday showing a robust GDP growth rate of 5.97 percent, with higher Current Account Deficit of
June 08, 2022: The National Economic Council (NEC) on Wednesday approved the annual targets for the upcoming fiscal year 2022-23, including the economic growth target set at 5 percent, along with efforts to
June 08, 2022: President Dr Arif Alvi Wednesday accorded his approval to the appointment of Ahad Khan Cheema as Advisor to the Prime Minister. The president accorded his approval on the advice of
June 08, 2022: Dr. Sohail Rajput, Chief Secretary Sindh on Wednesday assured maximum support of the Sindh government for the betterment of the rice export sector, said a press release issued today. He
June 08, 2022: In a follow-up meeting with the Afghan Inter-ministerial coordination cell (AICC), PAJCCI remarked that things are moving in the right direction and a multitude of issues are being resolved by
Jan 01, 2022: Minister for Energy Hammad Azhar Friday said the Economic Coordination Committee (ECC) had approved the Petroleum Division’s proposal of debt swapping against a loan of Rs 54 billion secured by Sui Northern
Jan 01, 2022: Oil and Gas Regulatory Authority (OGRA) on Friday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of January, decreasing the commodity price by Rs69.63 per 11.8-kilogram cylinder. According
January 1, 2022 (MLN): Federal Board of Revenue (FBR) has collected net revenue of Rs2.92 trillion during July-December FY22, according to provisional revenue collection figures released by FBR. The amount has exceeded the target of
December 31, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Friday approved the incentives for exchange companies against the surrender of foreign exchange in the interbank market. Under the chairmanship of Shaukat
December 31, 2021 (MLN): There is an urgent need for export culture to be promoted as a “National Effort” since exports are vital to our economic security and independence, Advisor to Prime Minister, Razzak Dawood
December 31, 2021 (MLN): The Sensitive Price Indicator (SPI) for the combined group witnessed a decline of 0.5% WoW for the week ended December 30, 2021, weekly data released by the Pakistan Bureau of Statistics
December 31, 2021: The State Bank of Pakistan (SBP) will remain closed for public dealing on Monday, January 3, 2022, which will be observed as ‘Bank Holiday’. All banks / DFIs / MFBs shall, therefore, remain
Dec 31, 2021: The National Electric Power Regulatory Authority (NEPRA) has decided to extend 99 paisa per unit relief for 4th quarter of the Fiscal Year 2020-21 under quarterly adjustment mechanism. According to an official
December 31, 2021 (MLN): Amid gas supply shortage in the country, Petroleum division has announced bidding round of 14 new blocks covering 24000 sq km for exploration of oil and gas, Minister of Energy, Hammad
December 31, 2021 (MLN): As a result of the modification in Priority Order of gas allocations, more than 200k tonnes of additional urea has been produced in November and December, saving $200 million by import
December 31, 2021 (MLN): The State Bank of Pakistan (SBP) conducted another Open Market Operations (OMO) today, in which it injected Rs330 billion and Rs274 billion into the market for 7 days and 63 days
December 31, 2021:Indus River System Authority (IRSA) Friday released 29,209 cusecs water from various rim stations with inflow of 33,749 cusecs. According to the data released by IRSA, water level in the Indus River at
December 31, 2021 (MLN): The Cabinet Committee on Privatization (CCoP) is all set to deliberate upon the divestment of the government's Shares in Mari Petroleum Company Limited (MPCL), in its meeting to be held today under
December 31, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, in its meeting which is scheduled to be held today at 1030hrs, will discuss the Incentives for exchange companies against surrender of foreign
December 30, 2021: A Special Cabinet meeting was convened on 30th December 2021 to discuss and approve the Finance (Supplementary) Bill, 2021. Chairman Federal Board of Revenue (FBR) explained the salient features of the Bill,
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