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

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Weekly inflation goes down by 0.08 percent

February 11, 2022: The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on February 10, for the combined consumption group, witnessed decrease of 0.08 percent as compared to the previous

MoC allows exports settlement to Afghanistan in PKR

February 11, 2022 (MLN): In order to ease exports to Afghanistan, the Ministry of Commerce (MoC) has allowed export settlement of fourteen items in the Pakistani Rupee (PKR), Adviser to Prime Minister for

European stocks open lower after US inflation surge

February 11, 2022: European stock markets opened lower on Friday following falls in Asia and Wall Street over fears the Federal Reserve will move more aggressively to tighten monetary policy to tame decades-high

OMO Result: SBP injects Rs792.8bn for 7 days

February 11, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs792.8 billion into the market for 7 days at 9.81 percent. Summary of

CDWP clears KCR project worth Rs273.07 billion

February 10, 2022: The Central Development Working Party (CDWP) on Thursday cleared the Karachi Circular Railway (KCR) as Modern Urban Railway project worth Rs273.07 billion, while referring it to Executive Committee of the

CCOE approves revised Circular Debt Management Plan

February 10, 2022: The Cabinet Committee on Energy (CCoE) on Thursday approved the revised Circular Debt Management Plan (CDMP) to minimize the annual build-up of circular debt as well as reduction in the

European stocks gain ground at open

February 10, 2022: European stock markets climbed at the open on Thursday, as investors digested a barrage of company results ahead of key US inflation data. London's benchmark FTSE 100 index of major

IRSA releases 274403 cusecs water

August 27, 2021: Indus River System Authority (IRSA) Friday released 274403 cusecs water from various rim stations with an inflow of 262946 cusecs. According to the data released by IRSA, the water level in the

Mobile phone imports down by 42% MoM in July’21

August 27, 2021 (MLN): With a contribution of 15.74% to the total import bill during the month of July’21, the import bill of the machinery group surged by 30% YoY to $881million. However, according to

Weekly SPI Increases by 0.22 Percent

August 27, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.22% during the week ended Aug 26, 2021 while the SPI increased by 12.67% compared to the corresponding period

PC Board deliberated the pre-qualification of investors for PSMC

August 27, 2021: Federal Minister for Privatisation Mohammedmian Soomro chaired the Privatisation Commission Board meeting today in Islamabad. The agenda regarding the pre-qualification criteria of investors for Pakistan Steel Mills Corp. (PSMC) revival, auction result

Food import bill mounts by 22% YoY in July’21

August 27, 2021 (MLN): The trade value of food exports from the country in July’21 stood at around $243million, showing an increase of 7.38% YoY from $314.52 million in July 2020. However, on MoM basis, the

July’21 Textile Exports surge by 15.6% YoY to $1.5bn

August 27, 2021 (MLN): Pakistan’s total export of textile products surged to the second-highest level of $1.47 billion, 15.6% higher than the textile exports of $1.27bn recorded in the same period the previous year. However,

PM to launch Roshan Apna Ghar scheme for expatriates

Aug 27, 2021: Minister of State for Information and Broadcasting Farrukh Habib said on Friday that Prime Minister Imran Khan would launch today the Roshan Apna Ghar scheme for the overseas Pakistanis. In a tweet,

Govt put economy on right track: PM

August 27, 2021: Prime Minister Imran Khan says the present government despite various challenges has put the economy on right track and all major economic indicators are showing upward trends. The Prime Minister was addressing

Govt prepares comprehensive roadmap for stability, growth

August 27, 2021: The government in the wake of three years performance report has prepared a comprehensive roadmap for stability, growth and employment. It said, the government had taken immediate policy measures to correct macro-economic

CCOE approves IGCEP 2021-30

August 26, 2021 (MLN): A meeting of the Cabinet Committee on Energy (CCOE) on Thursday, approved the Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30, The meeting was held under the Chairmanship of the Federal Minister