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

MPS Preview: High for Longer

Domestic debt soars to Rs39.87tn in July’21

September 6, 2021 (MLN): The total debt of the Central Government during the first month of FY22 surged by Rs4.3trillion or around 12% YoY to stand at Rs39.87tr when compared to Rs35.5tr recorded

European equities climb at open

Sep 06, 2021: Europe's major stock markets opened higher Monday as dealers took their cue from a broadly positive session in Asia, ahead of this week's eurozone interest rate decision. In initial trade,

CCI approves IGCEP 2021-30

September 6, 2021 (MLN): The Indicative Generation Capacity Expansion Plan (IGCEP) 2021-30 has been approved today by Council of Common Interest (CCI). Taking to his Twitter handle, Hammad Azhar, Minister for Energy said, “IGCEP

SMEDA to organize training on ‘E-Commerce’ on Sept 9

Sep 06, 2021: The Small and Medium Enterprises Development Authority (SMEDA) was going to organize one-day training programme on “E- Commerce” business startup and management for profitable business growth on September 09 (Thursday).

Exports to China jump by 2x YoY in Aug’21

September 6, 2021 (MLN): Pakistan’s exports to China escalated by2x YoY to clock in at $197.27mn during August’21, compared to $94mn in August’20. The aforesaid announcement was made by Abdul Razak Dawood, Adviser

SNGPL, SSGC plan 524,000 new gas connections in FY22

Sep 06, 2021: Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) have planned to give 524,000 new connections during the current fiscal year in their respective operational areas across

High inflation looms over ECB meeting

Sep 06, 2021: Rising eurozone inflation provides the backdrop for the meeting of European Central Bank governors Thursday, with markets hoping for hints when policymakers might start easing their massive pandemic-era stimulus. As

Mohmand Dam to be completed by 2025

September 6, 2021: Mohmand Dam would be the fifth highest concrete-face-rock-fill dam in the world which would be completed by 2025 with estimated cost of 309.56 billion rupees. According to and official of

Weekly Economic Roundup

September 05, 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.  Pakistan's trade deficit for

Weekly News Roundup

September 5, 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

Weekly News Roundup

January 24, 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

Weekly Economic Roundup

January 24, 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 Weekly Sensitive Price Indicator (SPI)

Key Pakistan Market Stats and Economic Indicators

Market Data and Economic Indicators Weekly Performance   Jan 22, 2021 Jan 15, 2021 PKR InterBank 160.7495 160.3320 KSE100 Index 45,868.04 45,931.00 Avg Daily Volume 509,763,908 682,133,634 Gold (Karachi) Rs/10 gm 96,708 96,794 KIBOR 6M

Govt clarifies position on Issuance of Sukuk

January 24, 2021: Finance Ministry clarified Saturday that Sukuk were Shariah compliant borrowing instruments backed by physical assets, and were structured so as to pay returns on investment as rent instead of interest by utilizing

Weekly SPI Increases by 6.54% YoY

January 23, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.32% during the week ended Jan 21, 2021 while the SPI increased by 6.54% compared to the corresponding period

SBP Keeps Policy Rate Unchanged at 7.00 Percent

January 22, 2021 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP), in its meeting held on January 22, 2021, in Karachi, has decided to maintain the Policy Rate at 7

ECNEC approves Rs38 billionn M-8, other development projects

January 21, 2021: The Executive Committee of the National Economic Council (ECNEC) Thursday approved a summary regarding construction of Gwadar-Ratodero Road Project (M-8) sponsored by the Ministry of Communication and executed by National Highway Authority

Govt borrowing eases by Rs 88 billion in a week

January 21, 2021 (MLN): The government of Pakistan has retired Rs.87.53 billion during the week ended January 08, 2021, which brings its total net borrowing for ongoing fiscal year 2021 to Rs.273.14 billion. As of