February 07, 2022: The Federal Board of Revenue (FBR) on Sunday clarified for paying over Rs16 billion in Sales Tax refunds to hundreds of big retailers in the past five months. Federal Board
February 06, 2022: The Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have collectively repaired around 887-kilometer faulty pipelines and rectified 1447,342 leakages in line with the government strategy
February 6, 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
February 6, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. The State Bank of Pakistan
February 5, 2022 (MLN): As a result of IMF's board approval to release the 6th tranche worth $1.053 billion, the Pakistani rupee (PKR) witnessed a sharp recovery against the US dollar and going forward
February 4, 2022: The State Bank of Pakistan on Friday said that it has received $1.053 billion from the International Monetary Fund after the successful completion of 6th review of Extended Fund Facility
February 05, 2022 (MLN): Foreign investors sold Rs12.78 million worth of securities duirng the week ended January 28, 2022, whereas last week, the accounts observed a net purchase of Rs709.63 million. According to
February 4, 2022 (MLN): Moody’s Investor Service, in its latest report issued today, projected the current-account deficit will widen to 3.0%-3.5% of GDP in the fiscal year 2022 (ending June 2022). The IMF
February 04, 2022 (MLN): After three weeks decline, the Sensitive Price Indicator (SPI) for the combined group witnessed an increase of 1.35% WoW for the week ended February 03, 2022, weekly data released
February 4, 2022: The SECP licensed digital lending Non-Bank Finance Companies (NBFCs) made rapid progress and started to show disruption in Pakistan's lending landscape and are proving to be significant in furthering the
February 04, 2022: Federal Minister for Industries and Production Makhdum Khusro Bakhtyar has urged the senior officials of his ministry to chalk out a framework to connect the competitiveness of SMEs to LSM
February 4, 2022 (MLN): The government on Thursday has revised the profit rates on National Savings Schemes certificates with effect from February 4, 2022. According to the notification issued by Finance Division, the profit
February 04, 2022: European stock markets rebounded at the open Friday, a day after falling on concerns over interest rate hikes and a plunge in the share price of Facebook parent company Meta.
February 4, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs772.2 billion into the market for 7 days at 9.85 percent. Summary of
February 04, 2022 (MLN): The United States of America (USA) remained the top destination of Pakistan’s exports in January 2022 with $570 million worth of shipments against the exports of $456mn recorded in
August 24, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, held a meeting with a delegation of Pakistan Vanaspati Manufacturers Association (PVMA). Federal Minister for Industries and Production Makhdoom Khusro Bakhtiar, SAPM on
August 24, 2021: President Dr. Arif Alvi has expressed Pakistan's desire to further strengthen relations with Australia in different areas especially education, agriculture, trade, water management, mining and Information Technology. Talking to High Commissioner Designate
August 24, 2021: Minister for Finance and Revenue Shaukat Tarin has welcomed the trust and confidence shown by the business community in Pakistan over the economic policies of the present government. In a statement, the
August 23, 2021 (MLN): The Banking sector spread for July 2021 narrowed down by 24 basis points (bps) over the month which brings its latest value to 4.24% as compared to prior month's spread of
August 23, 2021: SBP initiated the project of ‘End-to-End Digitalization of FX Cases’ with an objective to enhance ease of doing business in the country by providing a fully digitalized platform to the business community
August 23, 2021 (MLN): The major contribution in July 2021 import bill came from oil and petroleum products that surged by 87% YoY to stand at $1.04 billion as opposed to $555million recorded in July
August 23, 2021 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during July 2021, followed by United Arab Emirates (UAE), Singapore, Saudi Arabia, and the USA. According to
August 23, 2021 (MLN): USA remained as the top export destination for Pakistan with $503million worth of shipments in July 2021, against the exports of $337,28mn in July 2020, showing an increase of 49% YoY.
August 23, 2021 (MLN): The country’s total exports have observed a growth of 19.74 percent to around $2.26billion during July'21 as compared to the export volume of July'20. The restoration of economic activities after the
August 23, 2021 (MLN): Pakistan’s Power Sector has fetched the highest net FDI worth $41.9 million in July’21, followed by the Financial Business and Oil & Gas Exploration sector with net FDI of $27mn and
August 23, 2021: Overseas Investors Chamber of Commerce and Industry (OICCI) shared the results of its comprehensive Business Confidence Index (BCI) Survey – Wave 20, conducted throughout the country from May to July 2021, which
August 23, 2021: Minister for Finance and Revenue Shaukat Tarin says national economy is heading towards right direction due to prudent policies of the government despite Covid-19 pandemic and other challenges. Talking to a private
August 23, 2021: President Dr Arif Alvi has disposed off 42 representations of the Federal Board of Revenue in cases of bogus sales tax invoices, worth over 1.2 billion rupees. FBR had filed the representations
Market Data and Economic Indicators Weekly Performance Aug 20, 2021 Aug 13, 2021 PKR InterBank 164.1838 164.0022 KSE100 Index 47,599.82 47,169.84 Avg Daily Volume 265,573,109 306,556,680 Gold (Karachi) Rs/10 gm 93,879 93,536 KIBOR 6M
August 22, 2021 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. Pakistan's Forex Reserves increased by USD 24.10
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