November 19, 2021 (MLN): Pakistan’s trade deficit in services worsen by 39% YoY to $1.04bn during the 4M of the fiscal year 2022 from $750mn in the same period of the previous fiscal
November 19, 2021 (MLN): Pakistan’s current account deficit widened by 46.65% MoM to stand at $1.66 billion in October 2021 from $1.13bn in September 2021 on the back of a moderate decline in
November 19, 2021 (MLN): Amid an expected shortfall in the country, Hammad Azhar, Minister of Energy has assured the exporters of all provinces that the government would maintain the gas supply during winters.
November 19, 2021: European stock markets climbed at the open Friday following a mixed end to the week in Asia. London's benchmark FTSE 100 index rose 0.4 percent to 7,284.42 points. In the
November 19, 2021: Compared to the overall growth of 8% in remittances in South Asia, the remittances into Pakistan grew by 26% to reach $33 billion in 2021 during the year 2021, the report released by
Nov 19, 2021: Overall production of petroleum commodities has witnessed an increase of 4.75% during the first three months of current financial year 2021-22 as compared to corresponding period of fiscal year 2020-21.
November 19, 2021 (MLN): The shock associated with the COVID-19 pandemic from April-October 2021 in much of Asia-Pacific (APAC) has largely lessened but authorities face challenges and entail difficult trade-offs to withdraw extraordinary
November 19, 2021 (MLN): Egypt has allowed ten Pakistani companies to export meat. While making the announcement via his Twitter handle on Friday, Adviser to PM for Commerce and Investment Abdul Razak Dawood
November 19, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1,843.55 billion into the market for 3 days at 7.62 percent. Summary of
November 19, 2021 (MLN): The State Bank of Pakistan (SBP) met the CEOs of different banks to discuss the position of foreign exchange reserves, and the positive developments in this matter, said a
November 18, 2021 (MLN): After a move to squeeze Rs170bn money supply in the economy by increasing CRR by 100bps to 6%, SBP is likely to increase policy rate at a much higher
November 18, 2021 (MLN): The total liquid foreign reserves held by the country stood at $23,550.6 million on November 12, 2021, down by $474.9mn WoW, according to data released by the State Bank
November 18, 2021 (MLN): The Large Scale Manufacturing Industries (LSMI) output increased by 1.19% for September 2021 compared to September 2020 while it dropped marginally by 0.72% when compared to August 2021, the
November 18, 2021 (MLN): Inflation will likely remain between 10% to 10.5% for the fiscal year 2021-22 and 11% to 11.5% for the first half of the fiscal year 2022-23, as per the
November 18, 2021: An important meeting with Asian Development Bank (ADB) officials was held on Wednesday in Federal Board of Revenue (FBR) HQs to review the progress made on “FBR Reform Engagement with
May 26, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the 4th meeting of the Advisory Committee for the release of Next Generation Mobile Services (NGMS) Spectrum in Pakistan, AJK & Gilgit
May 26, 2021: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development, and Special Initiatives Asad Umar in Islamabad on Tuesday. Power Division submitted
May 26, 2021 (MLN): Punjab anti-corruption recovered Rs 220 billion in the last 31 months, in contrast to the dismal record of last govt's 10 years, said Prime Minister Imran Khan. Taking to his Twitter
May 26, 2021: PayFast, the indigenous payments solution by APPS, is now the first payment gateway in the country to receive a commercial license from the State Bank of Pakistan (SBP) under its rules for
May 26, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared three development projects with a cumulative estimated cost of Rs6.50bn & recommended three projects worth Rs342bn to
May 25, 2021 (MLN): Technology exports during the first 10 months of the current fiscal year jumped by a whopping 46% to $1.70 billion from $1.17bn during the same period last year, latest data released
May 25, 2021 (MLN): As many as 19 foreign and local companies have been authorized to produce mobile devices (2G/3G/4G) locally since the government issued introduced Mobile Manufacturing Policy, a press release issued by the
May 25, 2021 (MLN): The Federal Board of Revenue (FBR) has rebutted the news story published in some section of the press regarding Pakistan Single Window. The news item stated that Revenue Division has spent
May 25, 2021 (MLN): The overall power generation climbed by 25% YoY to 10,481-gigawatt-hours (GWh) during the month of April’21 compared to 8,391 GWh during Apr’20. The upsurge in power production is mainly due to
May 25, 2021: The government has so far provided funds amounting to Rs1,339.589 million during the current fiscal year to execute petroleum sector projects under the Public Sector Development Programme (PSDP 2020-21). According to the
May 25, 2021 (MLN): Pakistan’s trade deficit in services narrowed by 65% YoY to $57million during the month of April 2021 from $162mn in the same month a year ago on an account of higher
May 25, 2021: All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) has announced a mango export target of 150000 metric tons for the current mango season which would fetch valuable foreign exchange
May 25, 2021 (MLN): Two mango treatment facilities in Pakistan have been approved by Australian authorities for export of Mangoes, Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood said on
May 25, 2021 (MLN): The Executive Committee of the National Economic Council (ECNEC), in its meeting which is scheduled to take place on Wednesday, 26th May 2021. The important agendas for this meeting comprised of
May 25, 2021 (MLN): Pakistan’s current account balance posted a small deficit of USD 200 million in April 2021, depicting a decline of 61% when compared to April 2020. The cumulative surplus in the current
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