June 10, 2021 (MLN): The upcoming Budget for FY22, which is set to be rolled out on June 11, 2021, is likely to be pro-growth with an overall focus on increasing Expenditures. A
June 10, 2021 (MLN): Pakistan's meat exports reached $280million during the period of Jul-Apr 21, said Abdul Razzak Dawood. Making an announcement via his official Twitter handle, Adviser to PM for Commerce and
June 10, 2021: Saudi Arabia will provide a financing of over 37 billion rupees for Mohmand Hydropower Project. This was announced by Ambassador of Saudi Arabia in Pakistan Nawaf bin Said Al-Maliki who
June 10, 2021 (MLN): Workers' remittances extended their record run of above $2 billion in May 2021. At $2.5bn, they were up 34% from a year ago. These were also higher than the
June 10, 2021: Prime Minister Imran Khan says a comprehensive strategy has been devised for the first time in Pakistan to bring the poor out of poverty. Chairing a meeting on Kamyab Pakistan
June 10, 2021: President Dr Arif Alvi says Pakistan’s inclusion in Amazon’s sellers’ list would boost country’s exports and generate employment opportunities for young entrepreneurs. Chairing a briefing in Islamabad on Wednesday, he
June 10, 2021: The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet at the Cabinet Division yesterday. The meeting was
Ever since the launch of Auto Policy 2016-21, the number of automobile manufacturers in the country has doubled. However, with the policy’s expiry due in 2021, the government is drafting Auto Policy, 2021-26
June 9, 2021: Dawaai, Pakistan’s largest online pharmacy, has closed its $8.5million venture round led by 500 Startups (500) and participation from Sarmayacar and notable family offices. Other investors in Dawaai include Kingsway
June 9, 2021: The Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, will launch the Pakistan Economic Survey 2020-21 in a graceful ceremony tomorrow, 10th June, 2021. The Economic Survey will provide
June 9, 2021: The Value Added Textile Exports Associations demand the Govt. for restoration of Zero Rating – No Payment No Refund System, a continuation of Duty Drawback of Taxes (DDT) & Technology
June 9, 2021: The National Electric Power Regulatory Authority (NEPRA) has taken serious notice of excessive load shedding faced by the consumers throughout the country, due to which the public is suffering heavily
June 9, 2021 (MLN): The total Deposits held by Commercial Banks have shown a growth of 16% YoY to Rs17.95 trillion, which is the highest growth in the month of May'21 in six
June 9, 2021 (MLN): Sazgar Engineering Works Limited (SAZEW) sold a total of 912 units of three-wheeler against the production of 955 units during the month of May 2021. The aforesaid information was
June 9, 2021 (MLN): A joint venture of Service Group and Chinese firm Chaoyang Long March Tyre Co Ltd is all set to commence the Tyre manufacturing plant this month in Pakistan for
October 23, 2020: Prime Minister Imran Khan has said as the broadening of tax base had vital importance in stabilization of country’s economy, modernization of the Federal Board of Revenue is part of the government’s
October 22, 2020: Pakistan has categorically rejected a false media report on FATF. Responding to media queries regarding the role of Saudi Arabia in the assessment of Pakistan's FATF Action Plan, Foreign Office Spokesperson Zahid
October 22, 2020: Minister for National Food Security Fakhar Imam has said the decision regarding wheat support price will be taken next week. Chairing a meeting in Islamabad on Thursday, he emphasized the need for
October 22, 2020: Adviser on Finance Dr. Abdul Hafeez Shaikh says that despite fiscal constraints, after the pandemic, the government has devised a strategy to provide relief to people and businesses by direct cash transfers.
October 22, 2020: Prime Minister Imran Khan has reiterated the resolve to take steps for the promotion of the industrial process and to utilize its existing potential. Chairing a meeting on the promotion of industrial
October 21, 2020 (MLN): The Banking sector spread for September 2020 compressed by 39 basis points (bps) over the month which brings its latest value to 4.49% as compared to prior month's spread of 4.88%.
October 21, 2020: The government's actual borrowing during last two years stood at $7.8 billion, the ministry of finance Wednesday clarified in response to a news item claimed that the government borrowing had increased by
October 21, 2020 (MLN): It goes without saying that energy is the backbone and basic need of all the sectors of the economy, be it industrial, agriculture, commercial, health, education, domestic, or others. The energy
October 21, 2020: Federal Minister for Privatization Mohammedmian Soomro chaired the Privatization Commission (PC) Board meeting today in Islamabad. Privatization board members and senior officials of the Ministry attended the meeting. In the meeting, the
October 21, 2020: Adviser to the Prime Minister on Finance Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Cabinet Division. ECC approved two Technical
October 21, 2020 (MLN): Pakistan’s trade deficit in services stood at $77 million during the month of September, signifying an increase of 6% as compared to the previous month and 20% as compared to the
October 21, 2020: Prime Minister Imran Khan has directed all administrative officers to take strict action against hoarders and profiteers and ensure ample availability of essential commodities to the masses at approved prices. Presiding over
October 21, 2020 (MLN): Pakistan’s Current Account was in surplus of $73 mn during Sept, bringing surplus for 1QFY21 to $792 million compared to a deficit of $1,492 million during the same time last year.
October 20, 2020 (MLN): The demand for more varieties of vehicles from Pakistan’s consumers when choosing from local manufacturers continues to rise, as the imports of vehicles from foreign countries increased by 43% MoM to
October 20, 2020: Governor SBP Dr. Reza Baqir inaugurated the Polyculture Forest at Pakistan Security Printing Corporation (PSPC) Karachi. He was briefed about the project in detail by the management. The Polyculture Forest is inspired
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