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

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Talks with IMF to start from today

April 19, 2022 (MLN): Amid the massive economic challenges faced by the newly appointed government of Pakistan, Prime Minister Shehbaz Sharif has decided to resume talks with the International Monetary Fund (IMF) for

PBC urges govt to withdraw fuel subsidy

April 19, 2022 (MLN): In the wake of the widening trade and fiscal deficit, the Pakistan Business Council (PBC) has suggested the incumbent government withdraw the fuel subsidy and avoid further populist measures

High time to resume trade with India: Mian Mansha

April 19, 2022 (MLN): It is time that Pakistan and India should resume trade and improve relations for their betterment, said the head of the Nishat conglomerate, Mian Mohammed Mansha in an interview

PM Shehbaz Sharif-led cabinet set to take oath

April 19, 2022 (MLN): After a week-long delay, Prime Minister Shehbaz Sharif announced the names of the new Cabinet on Monday. According to the notification issued by Prime Minister’s office, Mr Miftah Ismail,

E&P companies to invest over $70.2mn in 9 blocks

April 18, 2022 (MLN): The successful Exploration & Production (E&P) companies of nine onshore blocks, whose bids were opened on Monday, would make a huge investment of over $70.2 million in three years

Asian markets slide on inflation, Covid fears

April 18, 2022: Asian stocks closed lower on Monday in cautious trade, as figures showed China's economic growth accelerated in the first quarter of the year, but the government warned of “significant challenges”

IRSA releases 89,343 cusecs water

April 18, 2022: Indus River System Authority (IRSA) Monday released 89,343 cusecs water from various rim stations with an inflow of 79,359 cases. According to the data released by IRSA, the water level

Recent pension hike will speed up the pension bomb

April 18, 2022 (MLN): Immediately after assuming office, Prime Minister Shahbaz Sharif’s first order of business was to announce an increase in the salaries and pensions of government officers. Justifying the move, former

Govt to offer 50% subsidy to cotton farmers

April 18, 2022: Punjab Agriculture Department will provide pesticide on 50% subsidy to the cotton farmers in order to improve the cotton productivity remarkably.  According to official sources, the farmers upto 12.5 acres

Weekly News Roundup

November 7, 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

Private Sector must explore economic potential of digitization

Nov 07, 2021: Chairman UK-Pakistan Business Council Mian Kashif Ashfaq Sunday urged the private sector to fully explore economic potential of digitization for boosting export by timely overcoming global multi-diamentional challenges. Talking to a delegation

Punjab to start cane crushing from Nov 15

November 6, 2021: While blaming the Sindh government for delaying the cane crushing season in the province, Spokesperson for Finance Minister Muzammil Aslam on Saturday said millers in Punjab will begin crushing cane from November

SPI increases 0.67% WoW

November 5, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.67% during the week ended Nov 04, 2021, while the SPI surged by 15.2% compared to the corresponding week

9th JTC between Iran, Pakistan to be held on 6-7 Nov

November 5, 2021: The 9th Joint Trade Committee (JTC) meeting between the Islamic Republic of Iran and the Islamic Republic of Pakistan is scheduled to be held on 6-7 November 2021-at Tehran. Mr. Fatemi Amin,

Relief Package: Really?

November 5, 2021 (MLN): A middle-aged woman asked a local grocery shopkeeper to pack 1 kg sugar and some condiments. Right after seeing the price receipt and her own wallet, she asked to pack 1/2

Petrol price in Pakistan at lowest level in region

Nov 05, 2021: Despite financial constraints and exorbitant prices of petroleum products at the international market, the incumbent government has kept the petrol price at the lowest level as compared to the regional countries including

OMO Result: SBP injects Rs1.8tr for 7 Days

November 5, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1,800 billion into the market for 7 Days at 7.36 percent. Summary of OMO Result