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

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SECP specifies eligibility for trustee registration

February 28, 2022: Pursuing its agenda of developing vibrant and competitive capital markets, the Securities and Exchange Commission of Pakistan (SECP) has specified the eligibility criteria and enabling framework to register as a

Weekly News Roundup

February 27, 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

Weekly Economic Roundup

February 27, 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. The country’s total textile exports have

Overall balance of payments fell in January 2022

February 26, 2022: Despite high commodity prices, overall balance of payments in January 2022 declined by 44%MoM to $1.1bn compared to $1.9bn during in December, Finance Minister Spokesperson Muzzammil Aslam tweeted on Saturday.

Pakistan plans to use 40,000 MW nuclear energy

February 26, 2022: Special Assistant to the Prime Minister (SAPM) on Climate Change Malik Amin Aslam has said that Pakistan intended to adapt to the Zero-Carbon emission goal by 2050 in energy by

Textile exports reach $10.36bn in 7MFY22: SBP

February 25, 2022 (MLN): The country’s total textile exports have posted a growth of 32% YoY to around $10.36 billion during the seven months (July-Jan) of the current fiscal year as compared to

REER remains unchanged at 97.03 in January

February 25, 2022 (MLN): The Real Effective Exchange Rate (REER) of Pakistan remained broadly unchanged at 97.03 in January 2022, observing no change from December 2021, the latest monthly data published by the

Pakistan’s debt servicing soar to $4.3bn in 2QFY22

February 25, 2022 (MLN): Pakistan’s total external debt servicing (principal and interest) by the government reached a total of $4.3bn at the end of 2QFY22, increased by a massive 2.6x compared to 1QFY22,

GDP growth target of 4.8% to be achieved in FY22: Ministry

February 25, 2022: Despite considerable international geopolitical downside risks and emerging commodities supercycle phenomena, the government on Friday said that Pakistan's economy would reach around the original National Economic Council (NEC) economic growth

Weekly SPI inches up by 0.51%

February 25, 2022 (MLN): The Sensitive Price Indicator (SPI) based weekly inflation for the week ended on February 24, for the combined consumption group, witnessed a slight increase of 0.51 percent as compared

SBP to announce monetary policy on September 20

September 13, 2021: The Monetary Policy Committee of SBP will meet on Monday, September 20, 2021, at SBP Karachi to decide about the Monetary Policy. Later on, SBP will issue the Monetary Policy Statement through

Weekly News Roundup

September 12, 2021 (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 Pakistan’s economic

Weekly Economic Roundup

September 12, 2021 (MLN): The latest weekly roundup is here to update few financial and economic releases, providing a guide to monitor trends in the upcoming week. The sale of passenger cars has surged by

Foreigners inject net Rs5.7bn via SCRA during a week

September 10, 2021 (MLN): Foreign investors indulged in excessive buying during the week ended September 3, 2021 as they injected net amount of Rs5.7billion in local debt market against the withdrawal of Rs6bn net in

SAZGAR- Sales up by 50% MoM in Aug’21

September 10, 2021(MLN): Sazgar Engineering Works Limited (SAZEW) sold 1,242 units of three-wheelers during the month of August’21, i.e., around 50% higher than the sales of 829 units made in the previous month. In an

Pakistan Participates in SCO Business Council Meeting

September 10, 2021: Representing Pakistan, Mian Nasser Hyatt Maggo, President FPCCI & Chairman SCO, Business Council Pakistan, has addressed the Board Meeting of Shanghai Cooperation Organization (SCO) Business Council held in Dushanbe, Tajikistan. The meeting

Money Supply expands by Rs2.7trillion in July’21

September 10, 2021 (MLN): The total money supply circulating within the economy during the first month of FY22 has been recorded at around Rs27.56trillion, according to provisional accounts on Monetary Aggregates for the month, maintained

IRSA releases 231694 cusecs water

September 10, 2021: The Indus River System Authority (IRSA) on Friday released 231694 cusecs water from various rim stations with an inflow of 199919 cusecs. According to the data released by IRSA, the water level

Revival of film industry to promote soft image of Pakistan: FM

September 10, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, held a meeting with the Federal Minister for Information and Broadcasting Fawad Chaudhry at the Finance Division. Secretary Information, Secretary Finance Division, Chairman

ECC approves procurement of 120,000mt wheat

September 10, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, presided over the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Finance Division on Thursday. On the recommendation of

Workers’ remittances jump by 27% YoY in Aug’21

September 10, 2021 (MLN): Workers' remittances continued their strong trend, reaching $2.66 billion in August 2021. This is the sixth consecutive month when inflows recorded around $2.7 billion on average, and the fifteen consecutive months