April 5, 2022 (MLN): The risks to global financial institutions’ (FI) credit profiles from a stagflation scenario associated with the Russia-Ukraine war are concentrated in emerging markets (EMs) and driven by sovereign linkages,
April 05, 2022 (MLN): The United Arab Emirates (UAE) has deferred over $2 billion debt for Pakistan to help ease pressure on falling foreign reserves and domestic currency. When Mettis Global reached out
April 5, 2022: Investors can invest on Pakistan Stock Exchange (PSX) through the highly simplified Sahulat Account. The Sahulat Account provides exceptional ease of account opening for investors whereby they can open a
April 05, 2022: Pakistan will import around 32.7 million barrels (MBL) of crude oil, during the year 2022, under an agreement signed with the Saudi Fund for Development (SFD) to meet its needs
April 05, 2022: Eurogroup President Paschal Donohoe said on Monday that the finance ministers of the euro zone discussed the consequences of the Russia-Ukraine conflict on the euro area economy, and they saw
April 05, 2022 (MLN): The total sales of Oil and Marketing Companies (OMCs) witnessed an upsurge of 19% MoM and 23% YoY to clock in at 1.82 million tons during March 2022. This
April 4, 2022 (MLN): The International Monetary Fund (IMF) remains committed to Pakistan's macroeconomic stability, a statement issued by Finance Division said on Monday. The statement stated that Finance Division and IMF remain
April 4, 2022 (MLN): Elevated food inflation following higher international food prices amid supply chain disruptions, led the CPI general inflation for March’22 to clock in at 12.7%YoY from 12.2% YoY last month,
April 04, 2022 (MLN): Pakistan's merchandise trade deficit for the month of March 2022 clocked in at $3.44 billion compared to a deficit of $3.1bn in the previous month, depicting an increase of
April 04, 2022: The Central Directorate of National Savings (CDNS) has decided to start Islamic finance and will start implementing its procedural work from next month to provide the facility of Islamic finance
Apr 04, 2022: President Dr Arif Alvi on Monday sent a letter to incumbent Prime Minister Imran Ahmad Khan Niazi and Leader of the Opposition in the outgoing National Assembly Mian Muhammad Shahbaz
April 3, 2022 (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
April 03, 2022 (MLN): The Prime Minister has sent advice to President Dr Arif Alvi to dissolve assemblies and called an early election, PM said in an address to the nation today. The
April 03, 2022 (MLN): The financial highlights of the country are brought to light with the economic and financial data releases over the course of the week. Pakistan’s total public debt continued to
April 2, 2022: The 5th Trade Policy Review (TPR) of Pakistan at the World Trade Organization (WTO) was successfully concluded on Friday, said a press statement issued today. All WTO members are
October 27, 2021: Indus River System Authority (IRSA) Wednesday released 68212 cusecs water from various rim stations with an inflow of 68109 cusecs. According to the data released by IRSA, the water level in the
October 27, 2021 (MLN): Pakistan’s exports to China, Afghanistan, Iran, Turkey & the Central Asian Republics witnessed a growth of 35% during 1QFY22 to stand at $938 million as compared to $694 million in the
October 27, 2021 (MLN): Saudi Arabia has announced its financial support of $4.2 billion to Pakistan to help ease pressure on trade and increase foreign currency reserves. The financial assistance includes a $3bn deposit in
October 26, 2021 (MLN): Multinational companies operating in Pakistan repatriated $477.7 million in profit and dividends on investments in the country during the first quarter of the ongoing fiscal year which was 17% lower than
October 26, 2021 (MLN): Pak Rupee's Real Effective Exchange Rate Index (REER) fell to a provisional value of 95.86 in September 2021, showing a depreciation of 0.71% when compared to the revised value of 96.54
October 26, 2021: The federal government has released Rs 57,024 million for the National Highway Authority (NHA) road infrastructure schemes under the Public Sector Development Programme (PSDP) 2021-2022 till September 3. Out of the released
October 26, 2021: National Electric Power Regulatory Authority (NEPRA) on Tuesday notified 69 paisa increase in power tariff for the month of July for K-Electric under monthly fuel cost adjustment (FCA) mechanism. The Authority approved
October 26, 2021 (MLN): Pakistan has received $3.204 billion foreign assistance during 1QFY22 i.e., July- September from multiple financing sources against the annual budget estimates of $14.09bn for the entire fiscal year FY22. In its
October 26, 2021: Indus River System Authority (IRSA) Tuesday released 74,900 cusecs water from various rim stations with an inflow of 73,297 cusecs. According to the data released by IRSA, the water level in the
October 26, 2021: Central Development Working Party (CDWP) on Monday considered two projects worth of Rs345.626 billion and recommended to the Executive Committee of the National Economic Council (ECNEC) for further consideration. The meeting of
October 26, 2021: Minister for Foreign Affairs Shah Mehmood Qureshi Monday urged the investors of Pakistan and Saudi Arabia to take advantage of the economic opportunities available in the diverse sectors of the economy. Speaking at
October 25, 2021: The government is intended to announce minimum support price of wheat for the crops season 2021-22 prior to starting sowing season of the crop in order to bring maximum area under cultivation
October 25, 2021 (MLN): Pakistan’s IT exports grew by about 42 percent in the first quarter of the current fiscal to $635million when compared to the export value of $445mn in the corresponding period last
October 25, 2021: Indus River System Authority (IRSA) Monday released 88397 cusecs water from various rim stations with an inflow of 89157 cusecs. According to the data released by IRSA, the water level in the
October 25, 2021: Prominent Pakistani and Saudi businessmen and entrepreneurs Sunday stressing for converting Pakistan-Saudi strategic partnership into strong trade and business relations hoped that Saudi-Pak Investment Forum being held here on Monday will help
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