Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

CPI Preview: Inflation to fall below 14% YoY in May

NSS records Rs236bn outflows during 10MFY22

NSS records Rs236bn outflows during 10MFY22

June 06, 2022 (MLN): The cumulative outflows from the National Savings Schemes (NSS) in 10MFY22 were recorded at Rs236 billion, mainly due to the restrictions imposed on financial institutions to invest in these

Cement prices in South region surged by Rs25 per bag

Cement prices in South region surged by Rs25 per bag

June 06, 2022 (MLN): Following the hike in cement prices in Northern Region amid soaring international coal prices, supply chain concerns, and PKR depreciation, the cement manufacturers in the South region have also increased

GDP expected to slow down to 5% in FY23: APCC

GDP expected to slow down to 5% in FY23: APCC

June 06, 2022 (MLN): The federal government has set a 5% GDP growth target for the next financial year starting on July 1, slightly less than the current year’s provisional estimate of 5.97%

ECB to end stimulus in prelude to rate hikes

ECB to end stimulus in prelude to rate hikes

June 06, 2022: The European Central Bank is set to draw a line under its massive bond-buying stimulus programme at a meeting in Amsterdam on Thursday, as inflation in the eurozone soars to

Pakistan’s investment climate needs corrective measures: PIDE

December 27, 2021: The investment climate in Pakistan is pragmatic, and needs various corrective measures like decreasing the government's footprint in the economy, stated by Dr. Nadeem ul Haque, Vice-Chancellor, Pakistan Institute of Development Economics

Weekly News Roundup

December 26, 2021 (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

Digital Census to improve transparency: VC- AIOU

December 26, 2021 (MLN): Digital Census will increase the reliability and transparency of the data collection process, Prof Dr. Zia-ul-Qayyum, Vice-Chancellor of Allama Iqbal Open University (AIOU)  stated in his inaugural speech at the first

Pakistan Customs seizes contraband items worth Rs115mn at Torkham

December 26, 2021 (MLN): Building further on its countrywide anti-smuggling operations, Pakistan Customs (FBR) has seized narcotics worth Rs115 million at Torkham, Pak-Afghanistan Border, said a press release issued on Saturday. The contraband items included

PSX Closing Bell: Realm of Fear

December 24, 2021 (MLN): The capital market opened on a positive note on Friday but lack of positive triggers pushed investors towards profit booking which concluded the benchmark KSE-100 index at 44,118.39 after losing 148.52

SPI increases by 0.4% WoW

SPI increases by 0.4% WoW December 24, 2021 (MLN): The Sensitive Price Indicator (SPI) for the combined group witnessed an increase of 0.4% WoW for the week ended December 23, 2021, weekly data released by

OMO Result: SBP injects Rs381.7bn for 63 days

December 24, 2021 (MLN): The State Bank of Pakistan (SBP) conducted another Open Market Operations (OMO) today, in which it injected Rs701 billion and Rs381.75 billion into the market for 7 days and 63 days

Industry to increase 30% urea supplies countrywide

December 24, 2021: After extensive deliberations, the government asked the industry to increase the urea supplies by 30% ie about 3000-5000 metric tons countrywide to ease down the market, said a press release issued on

Foreign loans surge to $4.7bn in 5MFY22

December 24, 2021 (MLN): Pakistan received fresh external loans of $4.70 billion in the first five months of the ongoing fiscal i.e., July- Nov FY22 from multiple financing sources against the annual budget estimates of

President urges expatriates to invest in Pakistan

December 24, 2021: President Dr. Arif Alvi has urged the expatriates to invest in Pakistan which is fast emerging as Asia’s premier investment and trade hub, said a press release yesterday. He emphasized the need

Pakistan to produce country report on VNR: NEC

December 24, 2021: National Economic Council (NEC) has decided in the meeting held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar that Pakistan will produce a country report on

CCoE reviews recommendations to increase domestic LPG production

December 23, 2021:  The Cabinet Committee on Energy (CCoE) asked the petroleum division to review the recommendations for enhancing domestic Liquified Petroleum Gas (LPG) production and forward a summary in this regard to the Economic Coordination Committee

SBP to remain closed on December 25

December 23, 2021: The State Bank of Pakistan will remain closed on December 25, 2021 (Saturday) being public holiday on the occasion of Quaid-e-Azam Day and Christmas, as declared by the Government of Pakistan. Press