Dec 28, 2021: The government has disbursed a sum of Rs 23,911.77 million for various power division schemes under Annual Public Sector Development Programme (PSDP) for Year 2021-22 so far. According to the
December 28, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs64 billion into the market for 3 days at 9.8 percent. Summary of
December 28, 2021 (MLN): As fears of Omicron remain unfounded with little to no impact on commodity prices, Pakistan is now facing another set of risks that will test the fiscal as well
Dec 28, 2021: Visits to Expo 2020 Dubai continue to climb substantially, increasing to 8,067,012 in the period up to 27 December as the most significant global gathering of 2021 continues to welcome
Dec 28, 2021: The average monthly economic indicator (MEI) for the first five months of current fiscal year (2021-22) indicates that average economic growth of the country during the period could be estimated
Dec 28, 2021: The Central Development Working Party (CDWP) on Monday approved one development project with a cost of Rs. 528.383 million and recommended another project worth Rs. 191.19 billion to the Executive
Dec 28, 2021: The Federal Board of Revenue (FBR) will negotiate double taxation agreement with Afghanistan in second round of negotiations on Double Taxation Agreement (DTA), as reported by APP. A four-member delegation
December 27, 2021: Minister for Communications and Postal Services Murad Saeed on Monday said that National Highway Authority (NHA)'s total revenue saw a jump of Rs99 billion in the last three years. In
December 27, 2021 (MLN): Shaukat Fayaz Ahmed Tarinn has taken oath as Finance Minister today as per which he would be holding the portfolio of Minister for Finance. President Dr. Arif Alvi administered the oath while the swearing-in
December 27, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs49.95 billion into the market for 4 days at 9.8 percent. Summary of
December 27, 2021: Minister for Energy Hammad Azhar on Sunday clarified some 'misconceptions' about the availability and consumption of Furnace Oil (FO), saying it was 'well stocked' to meet the winter energy needs
December 27, 2021: The wheat sowing period is the most critical period for the crop and any issues arising should be catered to timely in order to stay on track, stated by Syed
December 27, 2021: Pakistan Railways (PR) has earned around Rs200.33 billion during the last four years and also significantly decreased its working expenses to transform the organization into a profitable entity, a railway
December 27, 2021: The investment climate in Pakistan is pragmatic, and needs various corrective measures like decreasing the government's footprint in the economy, stated by Dr. Nadeem ul Haque, Vice-Chancellor, Pakistan Institute of
December 26, 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
June 28, 2021 (MLN): The Financial Action Task Force (FATF) yet again refused to take Pakistan out of the ‘Grey List’ despite the country meeting 26 of the 27 points that the FATF recommended earlier.
June 28, 2021: Indus River System Authority (IRSA) on Monday released 256,700 cusecs water from various rim stations with an inflow of 228,800 cusecs. According to the data released by IRSA, the water level in
June 28, 2021 (MLN): The Federal Board of Revenue (FBR) has announced a reduction in sales tax of some petroleum products to ensure supply at lower rates. According to the SRO 807(I)/2021 issued on Saturday,
June 28, 2021: The State Bank of Pakistan released its Quarterly Payment System Review (QPSR) for the third quarter, January – March 2021, of the fiscal year 2020-21 today, which shows strong growth in the
June 28, 2021: The Ministry of Economic Affairs and the World Bank have signed a financing agreement of “Punjab Rural Sustainable Water Supply and Sanitation Project” worth $442.4million. The project is aimed at providing equitable
June 28, 2021: Minister for Energy Hammad Azhar says new action plan by FATF will be implemented soon. Addressing a presser in Islamabad on Saturday, the Minister said that anti-money laundering plan is much easier
June 28, 2021: China has categorically stated that Belt and Road Initiative is a major platform for building a global community of shared future. In a White Paper released by the State Council Information Office,
June 28, 2021: Pakistan and Uzbekistan have agreed to promote their bilateral cooperation in all areas of mutual interest including trade, economy and culture. The understanding to this effect was reached during a meeting of
June 28, 2021: Minister for Maritime Affairs Ali Haider Zaidi has said Pakistan National Shipping Corporation (PNSC) is planning to start Ferry Services in the country. In a tweet, he said the Ministry of Maritime
June 28, 2021: Prime Minister Imran Khan says Roshan Digital Account has achieved more milestones as the inflows crossed $1.5billion on Friday and investment in Naya Pakistan Certificates is surpassing one billion dollars. In a
June 27, 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
June 27, 2021 (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 Weekly Sensitive Price Indicator (SPI) for the
Market Data and Economic Indicators Weekly Performance Jun 25, 2021 Jun 18, 2021 PKR InterBank 157.6175 156.8926 KSE100 Index 47,603.36 48,238.67 Avg Daily Volume 693,779,683 1,049,398,093 Gold (Karachi) Rs/10 gm 93,707 91,992 KIBOR 6M
June 27 2021: The Competition Commission of Pakistan (CCP) held the 22nd meeting of the Competition Consultative Group (CCG) sharing the CCP’s initiatives, performance and strategic vision. A presentation was also given on the CCP’s
June 27, 2021: Pakistan Water and Power Development Authority (WAPDA) awarded contract amounting to $241million for electro-mechanical (E&M) works of the 1530 MW-Tarbela 5th Extension Hydropower Project to a joint venture comprising Harbin Electric International
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