June 08, 2022: Pakistan has moved six points up in the International Travel and Tourism Development Index as per the report released by the World Economic Forum (WEF). The report shows that the
June 08, 2022: The World Bank’s Board of Executive Directors today approved $258 million for the National Health Support Program (NHSP) to strengthen primary health care systems and to accelerate national efforts towards
June 08, 2022 (MLN): Fitch Ratings, in its latest report, said that the Islamic finance industry in Pakistan is expected to continue its growth trajectory over the medium term, driven by strong government
June 08, 2022: The global economy risks falling into a harmful period of 1970s-style “stagflation,” the World Bank warned Tuesday as it slashed its annual growth forecast. The toxic combination of weak growth
Jun 07, 2022: Minister for Planning and Development, Ahsan Iqbal Tuesday said that the Central Development Working Party (CDWP) has approved Rs 250 billion Chashma Right Bank Canal (lift cum gravity), and referred
Jun 07, 2022: Minister for Information and Broadcasting Marriyum Aurangzeb on Tuesday said the Federal Cabinet had accorded approved administrative and austerity measures to overcome load-shedding, and conserve fuel and energy. The decision
June 7, 2022: Foreign remittance can be saved by approximately $2.1 billion dollar per annum while 50pc cut in public transport fares is also possible only if the government allocates at least 50
June 07, 2022 (MLN): Federal Minister for Finance and Revenue Miftah Ismail on Tuesday, refuted the news of yet another hike on petroleum product prices and clarified that there is no summary or
June 07, 2022 (MLN): The circular debt of the power sector has increased more than two-fold to Rs2.5 trillion since the PTI government led by Imran Khan came to power in 2018, said
June 07, 2022: President Dr. Arif Alvi on Tuesday approved the reconstitution of the National Economic Council (NEC) under Article 156 of the Constitution. The prime minister will be the Chairman of NEC
June 07, 2022: Pakistani Civil Aviation Authority (PCAA) on Tuesday clarified that the British Airways (BA) was suspending flight operations to Islamabad because of its ‘operational reasons’ from June 15 to 30, and
June 07, 2022 (MLN): The Real Effective Exchange Rate (REER) index was recorded at 95.85 in April 2022, showing a drop of 0.84% compared to 96.66 in March 2022, the latest monthly data
June 07, 2022 (MLN): In the latest development, the State Bank of Pakistan has decided to allow Development Finance Institutions (DFIs) to participate in Open Market Operations (OMOs) with a view to facilitate
June 07, 2022: Oil and Gas Development Company Limited (OGDCL) has produced around 822 Tons per Day (TPD) Liquefied Petroleum Gas (LPG) during first nine months of the current fiscal year as compared
June 07, 2022: Prime Minister Muhammad Shehbaz Sharif on Tuesday directed immediate supply of gas to the public from the recently discovered reservoirs in the erstwhile tribal areas of North Waziristan. The prime
December 28, 2021: The facilitation desk at Lahore Tax Bar, the first of its kind at any Tax Bar, established by the Securities and Exchange Commission of Pakistan (SECP) has been inaugurated today by Mr. Amir Khan, Chairman
December 28, 2021: Financial Advisory Services Agreement (FASA) has been signed on 28th December 2021 with Financial Advisor Consortium (FAC) in order to sale the identified government properties, said a press release issued by Privatisation Commission (PC)
December 28, 2021: In order to facilitate the collection of Government receipts / duties / taxes, it has been decided that the field offices of SBP Banking Services Corporation (SBP-BSC) and authorized branches of National
Dec 28, 2021: The government has disbursed a sum of Rs 23,911.77 million for various power division schemes under Annual Public Sector Development Programme (PSDP) for Year 2021-22 so far. According to the data, the
December 28, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs64 billion into the market for 3 days at 9.8 percent. Summary of OMO Result
December 28, 2021 (MLN): As fears of Omicron remain unfounded with little to no impact on commodity prices, Pakistan is now facing another set of risks that will test the fiscal as well as monetary
Dec 28, 2021: The average monthly economic indicator (MEI) for the first five months of current fiscal year (2021-22) indicates that average economic growth of the country during the period could be estimated at around
Dec 28, 2021: The Central Development Working Party (CDWP) on Monday approved one development project with a cost of Rs. 528.383 million and recommended another project worth Rs. 191.19 billion to the Executive Committee of
Dec 28, 2021: The Federal Board of Revenue (FBR) will negotiate double taxation agreement with Afghanistan in second round of negotiations on Double Taxation Agreement (DTA), as reported by APP. A four-member delegation from Afghanistan
December 27, 2021: Minister for Communications and Postal Services Murad Saeed on Monday said that National Highway Authority (NHA)'s total revenue saw a jump of Rs99 billion in the last three years. In a tweet,
December 27, 2021 (MLN): Shaukat Fayaz Ahmed Tarinn has taken oath as Finance Minister today as per which he would be holding the portfolio of Minister for Finance. President Dr. Arif Alvi administered the oath while the swearing-in ceremony was held
December 27, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs49.95 billion into the market for 4 days at 9.8 percent. Summary of OMO Result
December 27, 2021: Minister for Energy Hammad Azhar on Sunday clarified some 'misconceptions' about the availability and consumption of Furnace Oil (FO), saying it was 'well stocked' to meet the winter energy needs of the
December 27, 2021: The wheat sowing period is the most critical period for the crop and any issues arising should be catered to timely in order to stay on track, stated by Syed Fakhar Imam,
December 27, 2021: Pakistan Railways (PR) has earned around Rs200.33 billion during the last four years and also significantly decreased its working expenses to transform the organization into a profitable entity, a railway official told
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