April 1, 2022: Mr Irfan Iqbal Sheikh, President FPCCI, has appreciated the incessant and collective efforts of the Pakistan-Turkey Joint Business Council (PTJBC) of FPCCI for promoting the trade and economic cooperation between
April 1, 2022: While chairing an important meeting in FBR Headquarters on Friday, Chairman FBR Dr Muhammad Ashfaq Ahmed reviewed progress regarding the determination of quota for import of raw material on, the basis
April 1, 2022 (MLN): The Federal Board of Revenue (FBR) has collected net revenue of Rs4,382 billion during 9MFY22, which has exceeded the target of Rs247bn, a statement issued by FBR revealed today.
April 01, 2022 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined consumption group witnessed an increase of 0.53% for the week ended on March 31, 2022, the Pakistan Bureau of Statistics
April 01, 2022 (MLN): Pakistan’s exports during March 2022 grew by 17.3% to $2.773 billion as compared to $2.365 billion in March 2021, Adviser to Prime Minister of Commerce and Investment, Abdul Razak
April 01, 2022 (MLN): Roshan Digital Account (RDA) had one of its best months ever in March, with deposits of $290 million and 23,312 new accounts, the State Bank of Pakistan (SBP) said
April 01, 2022 (MLN): The National Electric Power Regulatory Authority (NEPRA) has notified an Rs3.278 per unit increase in the power tariff for the electricity consumers of K-Electric (KE) on an account of
April 01, 2022: Pakistan Tourism Development Corporation (PTDC) and Trade Development Authority of Pakistan (TDAP) signed a Memorandum of Understanding (MoU) here Friday for the promotion of tourism in Pakistan and abroad. Managing
April 1, 2022: The Islamic Banking Industry (IBI) has reached new peaks during CY21 as its assets surpassed the 5 trillion mark to reach Rs5,577 billion with the highest ever increase of Rs1,308
April 01, 2022 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in March 2022 was 12.72 percent compared to 12.24 percent in February 2022 and 9.1 percent in March 2021. This takes 9MFY22
April 01, 2022: Indus River System Authority (IRSA) on Friday released 89,212 cusecs of water from various rim stations with an inflow of 83,139 cusecs. According to the data released by IRSA, the
April 01, 2022: Equities fell Friday after their worst quarter since the early days of the pandemic as traders assess the impact of the war in Ukraine and the Federal Reserve's plans to
Mar 31, 2022: The OPEC group of oil producing countries and its Russia-led allies agreed on another modest oil output increase on Thursday, ignoring Western pressure to significantly boost production as the Ukraine
March 31, 2022 (MLN): The total money supply circulating within the economy during the month of February 2022 has been recorded at around Rs28 trillion, according to provisional accounts on Monetary Aggregates for
March 31, 2022 (MLN): The government has decided to keep the petroleum products prices unchanged till April 15, a statement from the Finance Division said Thursday. The statement said, “As per decision of
October 22, 2021 (MLN): Central Power Purchasing Agency (CPPA) has proposed an increase of Rs2.66/kWh over the reference fuel charges of Rs5.023/kWh under fuel price adjustment for the month of September 2021 for Ex-WAPDA Discos.
October 22, 2021: Indus River System Authority (IRSA) Friday released 61939 cusecs water from various rim stations with an inflow of 62712 cusecs. According to the data released by IRSA, the water level in the
October 22, 2021: The Prime Minister said the construction of Lift-cum-Gravity project of Chashma Right Bank Canal (CRBC) would be a real game-changer for the socio-economic uplift of a vast area in southern KPK. Prime
October 21, 2021: The Financial Action Task Force (FATF) has reviewed Pakistan’s progress on FATF Action Plans in its plenary meeting held on 21st October 2021. The FATF has recognized considerable progress made by Pakistan
October 21, 2021 (MLN): Oil and Gas Development Limited, being the operator of Jandran West Exploration License with 100% Working Interest, has made a Gas discovery over Mughalkot Formation from its exploratory efforts at Jandran
October 21, 2021 (MLN): The Banking sector spread for September 2021 shrunk by 15.05 basis points (bps) over the month which brings its latest value to 4.11% as compared to prior month's spread of 4.26%.
October 21, 2021: A 300 megawatts coal-fired Gwadar Power Plant would start functioning from October 2023, said official sources. The power plant would cater the needs of some 150,000 people of Gwadar by the end
October 20, 2021 (MLN): Electricity generation increased by 7.1% to 14,032 GWh (19,489 MW) during Sep'21 compared to 13,104 GWh (18,200 MW) in Sep’20. Taking to his Twitter handle, Asad Umar, Minister for Planning, Development,
October 21, 2021: As per SBP, the current account deficit has reduced to USD 1.13 billion In September from USD 1.47 billion in August. Overall, the deficit in the first quarter was reported at USD
October 20, 2021 (MLN): Pakistan’s trade deficit in services worsen by 34.5% YoY to $717million during the first quarter of the fiscal year 2022 from $533mn in the same period of the previous fiscal year.
October 20, 2021: Minister for Planning and Development Asad Umar says the government has decided in principle to reduce the edible oil price by forty-five to fifty rupees per kilogram. Addressing a news conference in
October 19, 2021 (MLN): Pakistan’s current account balance (CAB) posted a deficit of $3.4 billion in the first quarter of the current fiscal year i.e. July-Sept FY22, compared to a surplus of $865 million in
October 19, 2021: Hosting new refugees from Afghanistan will cost Pakistan around $0.5 billion (0.2pc of the GDP) per annum as a large influx could burden public resources, the International Monetary Fund (IMF) said in
October 19, 2021 (MLN): The talks between the International Monetary Fund (IMF) and the government of Pakistan on the Sixth Review of the $6 billion Extended Fund Facility (EFF) have progressed to a “very good
October 18, 2021 (MLN): The overall exports of Chemical and Pharmaceutical Products during the month of September’21 witnessed a sharp rise of 53% YoY to $127.318million compared to $74.6mn worth of exports in the previous
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