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

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IRSA releases 112,757 cusecs water

November 15, 2021: Indus River System Authority (IRSA) Monday released 112,757 cusecs water from various rim stations with an inflow of 47,377 cusecs. According to the data released by IRSA, water level in

OMO Result: SBP injects Rs 117bn for 4 days

November 15, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs117 billion into the market for 4 Days at 7.5 percent. Summary of

Remittances jump 10% to $2.5bn

November 15, 2021 (MLN): Inward workers’ remittances continued their strong streak during October as inflows jumped by 10% year-on-year to $2.5 billion, latest data released by the State Bank of Pakistan (SBP) showed.

Weekly News Roundup

November 14, 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

SBP increases Banks’ Cash Reserve Requirement

November 14, 2021 (MLN): To moderate money supply growth and domestic demand, the State bank of Pakistan (SBP) said on Saturday that it has increased Cash Reserve Requirement (CRR). The average CRR to

Weekly SPI increases by 1.81%

November 12, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.81% during the week ended Nov 11, 2021, while the SPI surged by 17.37% compared to the

OMO Result: SBP injects Rs 1.95tr for 7 days

November 12, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1,950 billion into the market for 7 days at 7.38 percent. Summary of

SBP should be independent, autonomous: SDPI

November 12, 2021: Sustainable Development Policy Institute (SDPI) Executive Director Dr Abid Qaiyum Sulehri briefed Lahore Economic Journalists Association (LEJA) on 'Understanding Social Implications of Monetary Policy in Pakistan' at local hotel on Thursday.

The world is in grip of inflation: President

November 12, 2021: The President Arif Alvi said the entire world is in grip of inflation because of the affects of COVID-19, however, the government of Prime Minister Imran Khan is making all

CCoE reviews demand, supply position of gas in winter

November 12, 2021: The Cabinet Committee on Energy (CCoE) on Thursday reviewed the projected demand and supply position of natural gas during winter season in the country. The Petroleum Division presented the projected

SBP introduces advance calendar of MPC meetings

May 20, 2021: Taking another step towards making the process of monetary policy formulation more predictable and transparent, the State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of Monetary Policy

Remittances-key driver of Pakistan’s economy

May 20, 2021 (MLN): Workers’ remittances to Pakistan hit $2.8 billion in April 2021, the highest level on record with an increase of 56 percent from the same month a year ago. This was the

New Auto Policy to focus on indigenization of the industry

May 20, 2021: Federal Minister for Industries & Production Makhdum Khusro Bakhtyar held consultative sessions with representatives of the Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts & Accessories Manufacturers (PAAPAM) separately

Bitcoin tumbles below $39,000 after China issues warning

May 19, 2021: Bitcoin plunged below $39,000 for the first time in more than three months Wednesday after China said cryptocurrencies would not be allowed in transactions and warned investors against speculative trading in them,

Money Supply broadens by 12%YoY in March’ 21

May 19, 2021 (MLN): The total money supply circulating within the economy by the end of March 2021 has been recorded at around Rs26.22trillion, according to provisional accounts on Monetary Aggregates for the month, maintained