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

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MPS Review: Staying Vigilant

March 09, 2022 (MLN): Wiping off market concerns pertaining to the change in MPC’s forward guidance in the wake of soaring commodity prices and the Russia-Ukraine tussle, the State Bank of Pakistan (SBP)

Govt bears Rs104bn loss monthly on POL products

March 09, 2022 (MLN): With the increase in international prices and Prime Minister’s relief package, the government is bearing the burden of over Rs104 billion per month only for the sake of common

EDB notifies composition of AIDEC 2021-26

March 09, 2022 (MLN): The Engineering Development Board (EDB) has notified the composition of Auto Industry Development & Export Committee (AIDEC) 2021-26 from the private sector against the approved positions in Auto Industry

European stocks rebound sharply; Frankfurt soars 4%

March 09, 2022: Europe's major stock markets rebounded sharply in early deals on Wednesday from recent Ukraine-driven losses. Frankfurt's benchmark DAX soared 4.0 percent to 13,345.07 points and the Paris CAC 40 surged

IRSA releases 70,644 cusecs water

March 09, 2022: River System Authority (IRSA) Wednesday released 70,644 cusecs water from various rim stations with an inflow of 78,883 cusecs. According to the data released by IRSA, the water level in

CCI improves by 3.2% in March: SBP

March 08, 2022 (MLN): Consumers’ confidence in the country increased by 3.2% in March 2022, indicating improving consumer sentiments, according to a survey report released by SBP. The results of the latest Consumer

Central govt debt swells by Rs5.8tr in January

March 08, 2022 (MLN): The total debt of the central government during the month of January 2022 surged by Rs5.85 trillion or 16% YoY to clock in at Rs42.4tr against Rs36.5tr recorded in

Pakistan, Iraq desire to strengthen bilateral cooperation

September 24, 2021: Prime Minister Imran Khan received a telephone call from the Prime Minister of the Republic of Iraq, His Excellency Mr. Mustafa Al-Kadhimi. The Prime Minister wished the Iraqi government success in holding

NCC reviews SMEs policy draft

Sep 23, 2021: The National Coordination Committee (NCC) on Thursday reviewed the Small and Medium Enterprises (SME) policy draft to regulation and simplification of tax regime for SMEs countrywide. The forum comprehensively deliberated upon the

SBP revises Prudential Regulations for consumer financing

September 23, 2021: State Bank of Pakistan (SBP) has revised prudential regulations for consumer financing to moderate import and demand growth. This targeted step will help to moderate demand growth in the economy, leading to

IRSA releases 198,390 cusecs water

September 23, 2021: Indus River System Authority (IRSA) Thursday released 198,390 cusecs water from various rim stations with inflow of 176992 cusecs. According to the data released by IRSA, water level in the Indus River

MoC releases new refunds of Rs6bn under DLTL scheme

September 23, 2021 (MLN): Ministry of Commerce (MoC) has released new refunds worth Rs6 billion under the Duty Drawback on Local Taxes and Levies (DLTL) schemes. This includes Rs5.4bn for the textile sector and Rs600

Pakistan receives $2.38bn foreign aid during July-Aug’21

September 23, 2021 (MLN): Pakistan has received $2.38 billion foreign assistance during the first two months of the fiscal year 2021-22 i.e., July- August from multiple financing sources against the annual budget estimates of $14.09bn