May 09, 2022 (MLN): The government on Monday has increased profit rates on almost all National Savings Schemes (NSSs), which would be effective from May 10, 2022. As per the details, the profit
May 09, 2022: Prime Minister Shehbaz Sharif on Monday banned the export of sugar to stabilize the stock and price of commodity in the country. The prime minister also ordered strict measures against
May 09, 2022: Prime Minister Shehbaz Sharif on Monday stressed for simplifying the process of the banking system and making it easier in order to facilitate consumers. The prime minister stated this in
May 09, 2022 (MLN): The total sales of Oil and Marketing Companies (OMCs) witnessed an increase of 32% YoY to an almost 4-years high of 2.21 million tons during April 2022. This takes
May 09, 2022: Pakistan Kuwait Investment Company (Private) Limited (PKIC) a leading development finance institution in Pakistan has entered into a strategic alliance agreement with Enertech Holding Company KSC (Enertech) a subsidiary of
May 09, 2022 (MLN): Talks between Pakistan and International Monetary Fund (IMF) is likely to hold from May 18, 2022 in Doha. The key measures to discuss will be the removal of subsidies
May 09, 2022 (MLN): Foreign exchange inflows through Roshan Digital Account (RDA) have crossed $4bn and reached at $4.2 billion by April 2022 since its launch in September 2020, showing the growing confidence
May 09, 2022 (MLN): Following an increase in freight and input costs and depreciation of the Pakistani Rupee against the US Dollar, Pak Suzuki Motor Company (PSMC) has announced a massive increase in
Market Data and Economic Indicators Weekly Performance 6-May-22 29-Apr-22 PKR InterBank 186.63 185.63 KSE100 Index 44,840.81 45,249.41 Avg Daily Volume 189,444,896 282,007,744 Gold (Karachi) Rs/10 gm 1,879 1,896 KIBOR 6M 14.87 14.81 10Y
May 08, 2022: Pakistan Hi-Tech Hybrid Seed Association Sunday demanded of the government immediate withdrawal of 17% Sales Tax on all kinds of agricultural seeds to avoid shifting of its burden on poor
April 07, 2022 (MLN): Pakistan's merchandise trade deficit ballooned by 64.79% to stand at $39.36 billion during the first ten months of the current fiscal year, mainly due to an exponential growth in
May 06, 2022 (MLN): Wheat output this year expected to be around 26.17 million tons against the target of 28.89 million metric tons, whereas, the estimated consumption would be around 30.79 million metric
May 06, 2022: The National Electric Power Regulatory Authority (NEPRA) on Friday approved Rs 1.386 per unit increase in tariff for K-Electric consumers for February under monthly fuel adjustment (FCA) mechanism. The tariff
May 06, 2022: The National Electric Power Regulatory Authority (NEPRA) on Friday approved Rs 2.868 per unit positive fuel cost adjustment (FCA), having impact of Rs 29 billion for March for XWAPDA power
May 06, 2022 (MLN): The total liquid foreign exchange reserves held by the country decreased by $115 million or 0.7% WoW to stand at $16.55bn as of the week ended on April 30,
November 12, 2021: Sustainable Development Policy Institute (SDPI) Executive Director Dr Abid Qaiyum Sulehri briefed Lahore Economic Journalists Association (LEJA) on 'Understanding Social Implications of Monetary Policy in Pakistan' at local hotel on Thursday. The session
November 12, 2021: In the continuation of the ongoing drive for digitization, the Pakistan Customs (FBR) has developed an automated facility in WeBOC System to enable small and medium export enterprises acquire imported input goods
November 12, 2021: The Inland Revenue Enforcement Network (IREN) Squads of the Federal Board of Revenue (FBR) has seized 65,811,500 cigarettes worth Rs. 156,480,112, resulting in detection of evasion of taxes and duties of Rs125,662,630
November 12, 2021: The President Arif Alvi said the entire world is in grip of inflation because of the affects of COVID-19, however, the government of Prime Minister Imran Khan is making all out efforts
November 12, 2021: The Cabinet Committee on Energy (CCoE) on Thursday reviewed the projected demand and supply position of natural gas during winter season in the country. The Petroleum Division presented the projected natural gas
November 11, 2021 (MLN): The sale of passenger cars during the month of October 2021 was recorded at 17,413 units against a total production of 16,702 units, which is around 8.21% lower as compared to
November 11, 2021 (MLN): The total liquid foreign reserves held by the country stood at US$ 24,025.5 million on November 5, 2021. On Oct 29, 2021, it was at US$ 23,925.9 million, which means that
November 11, 2021: Federal Minister Mohammedmian Soomro chaired a review meeting on privatisation progress, secretary and senior officials of the Ministry attended the meeting. The Federal Minister was briefed about the ongoing transactions and the
November 11, 2021: The Overseas Investors Chamber of Commerce and Industry (OICCI), the collective voice of top foreign investors in Pakistan has proposed liberalization and transformation of the monopolistic power market into a multi buyer-seller
November 11, 2021 (MLN): Digitization offers the highest potential to accelerate the pace of financial inclusion as the technology-driven solutions are the key to open doors of the financial sector for the underserved segments of
November 11, 2021 (MLN): The United States of America (USA) remained the top destination of Pakistan’s exports during the first four months of the current fiscal year i.e. July -Oct FY22 followed by China and
November 11, 2021 (MLN): Pakistan’s mercantile exports surged by 24.7 percent to $9.44 billion during the first four months of the current financial year i.e., July-Oct FY2021-22 as compared to $7.57 billion recorded in the corresponding
November 11, 2021: The federal government is fully committed to providing its 35 percent share of subsidy in Sindh and Balochistan. The federal share of subsidy worth Rs. 350 will be granted for each eligible
November 11, 2021: Pakistan’s Ambassador to the US, Asad Majeed Khan, reaffirmed his government's commitment to economic reform and facilitating international investment at an event hosted by a group of leading American investors on Wednesday.
November 11, 2021: The Unaccounted for Gas (UFG) losses of Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) stood at 8.83 per cent and 15.85 per cent respectively during the fiscal
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