Dec 15, 2021: Keeping in view the declining price trend in the international market, the federal government on Wednesday reduced the prices of all petroleum products with effect from December 16 for the
Dec 15, 2021: British inflation has rocketed to its highest level for more than 10 years on broad-based price gains, data showed on Wednesday, sparking fears that wages will fail to keep pace
Dec 15, 2021: Federal Minister for Industries and Production, Makhdoom Khusro Bakhtiar unveiled the Small and Medium Enterprises (SME) policy today, with a special focus on promoting around 5 million businesses through facilitation
December 15, 2021 (MLN): Federal Minister for Privatisation, Mohammedmian Soomro chaired a Privatisation progress review meeting in the Ministry today, wherein the minister was briefed about the matters relating to Pakistan Steel Mills
December 15, 2021 (MLN): The total deposits held by commercial banks have shown a growth of 17% YoY to Rs19.7 trillion in Nov’21, compared to Rs16.84tr in the same month of last year
December 15, 2021 (MLN): Fitch Ratings in its latest report issued today said that they expect improving operating sentiment following Covid-19-related restrictions to drive revenue growth and stable leverage for corporate issuers in
December 15, 2021 (MLN): Hammad Azhar, Minister for Energy has informed that the recommendation report on sugar sector reforms will be shared by tomorrow through all mediums in collaboration with the ministry of
December 15, 2021 (MLN): Following the startup financing boom, Pakistan’s rapid delivery startup, Krave Mart has raised $6 million, the country’s largest early-stage funding, Bloomberg reported. The Karachi-based company, which guarantees deliveries in
December 15, 2021: The federal cabinet on Tuesday approved amendment in bilateral air route between Pakistan and Tajikistan. This decision will reduce both air distance and travel costs. It allowed Kazakh Air Company
Dec 15, 2021: A delegation of US-based global satellite broadband provider, Starlink, consisting of Director Middle East & Asia, Ryan Goodnight, and Head of Global Site Acquisition, Ben Macwilliam called on Minister for
December 14, 2021 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on December 14, 2021, in Karachi, has decided to raise the policy rate
December 14, 2021: Bridging the digital divide between developed and developing countries is essential for the global transition to modern and efficient national economies and effective international cooperation as well as to enhance
December 14, 2021: Europe's main stock markets climbed at the start of trade on Tuesday, as dealers shrugged off Omicron-driven losses in Asia and looked ahead to crucial interest rate decisions later this
December 14, 2021 (MLN): The State Bank of Pakistan (SBP) has allowed Exchange Companies (ECs) and Exchange Companies of 'B' Category (ECs-B) to carry out foreign currency sale transactions by obtaining original online
December 14, 2021: The government of Pakistan has undertaken measures to build and strengthen robust systems for accountability, transparency, and integrity to combat corruption, Shah Mahmood Qureshi, foreign minister of Pakistan stated while
June 14, 2021: Continuing with the agenda of modernizing foreign exchange regulations, the State Bank of Pakistan has proposed changes in its regulatory instructions for exports of goods from Pakistan. These changes aim at promoting
June 14, 2021: Special Assistant of the Prime Minister of Pakistan on Poverty Alleviation and Social Protection Dr. Sania Nishtar says the Economic Coordination Committee of the Cabinet has approved the launch of second phase
June 14, 2021: Business community and economists have expressed satisfaction over newly announced budget terming it as people-friendly, growth-oriented and business-promoter. Talking to Radio Pakistan News and Current Affairs programme, Advisor to Punjab Government Dr
June 14, 2021: Special Assistant to the Prime Minister on Climate Change Malik Amin Aslam says the successful launch of first-ever Green Bonds is testament to Pakistan’s economic stability and green credibility at the global
June 14, 2021: Minister for Information and Broadcasting Fawad Chaudhry says 1600 to 1800 billion rupees have been provided to Sindh government during the last three years and 27 percent more budget will be provided
June 14, 2021: Finance Minister Shaukat Tarin has said that budget 2021-22 focuses on the uplift of the poor and sustainable economic growth through incentives for various sectors including agriculture, industry and housing. Addressing a
June 13, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. The total outlay for overall government
June 13, 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
Market Data and Economic Indicators Weekly Performance Jun 11, 2021 Jun 04, 2021 PKR InterBank 155.7430 154.6191 KSE100 Index 48,304.72 48,211.70 Avg Daily Volume 1,079,056,832 1,121,493,915 Gold (Karachi) Rs/10 gm 94,736 95,850 KIBOR 6M
June 12, 2021 (MLN): The total outlay for overall government expenditure during FY22 has been set at Rs8.487trillion, which is almost 19% higher compared to last year’s budget size of Rs7.136tn. Of the total outlay,
June 13, 2021 (MLN): The federal government has allocated Rs682 billion in the federal budget for upcoming fiscal year in terms of subsidies, depicting an increase by 58% compared to the revised amount for FY21
June 12, 2021 (MLN): The federal gross revenue target for the fiscal year 2021-22 has been set at Rs7.909 trillion i.e. 23.67 percent higher than the revised budget figures and 20.3 percent higher when compared
June 12, 2021 (MLLN): Finance Minister Shaukat Tarin on Friday presented a federal budget worth Rs8.487 trillion for 2021-22 in the National Assembly, marking an increase of almost 19% from Rs7.13tr the year before. Of
June 12, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.59% during the week ended Jun 10, 2021 while the SPI increased by 15.38% compared to the corresponding period
June 11, 2021 (MLN): The overall output of LSMI increased by 12.84% for July-April 2020-21 compared to JulyApril 2019-20. According to data released by the Pakistan Bureau of Statistics (PBS) the LSMI output increased by
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