May 31, 2021: Finance Minister Shaukat Tarin has said agriculture, industries, IT and Service sectors will be incentivized in the next budget to enhance their productivity. Addressing a budget webinar in Islamabad on
May 30, 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
May 30, 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 value of
Market Data and Economic Indicators Weekly Performance May 28, 2021 May 21, 2021 PKR InterBank 154.4341 153.3561 KSE100 Index 47,126.29 45,906.39 Avg Daily Volume 1,237,389,399 609,081,732 Gold (Karachi) Rs/10 gm 95,850 93,707
May 29, 2021 (MLN): Despite the third wave of COVID-19, Pakistan has ended up achieving 3.94 percent GDP growth in FY2021, higher than the target after more than 15 years mainly in the
May 29, 2021 (MLN): The total value of imports during 10MFY21 stood at 42.31billion posted an upsurge of 13.49% compared to the same period last year. In the month of April’21 alone, total
May 28, 2021 (MLN): The country’s total exports have posted a growth of 6.54 percent to around $21billion during the first ten months (July-April) of the current fiscal year as compared $19.7billion in
May 28, 2021: Industries and business groups across the country have demanded the government to restore exemption on inter-corporate dividends as it is leading to double taxation, discouraging companies to freely go for
May 28, 2021: A meeting of the Sub Committee of the Cabinet Committee on Privatization chaired by Finance Minister Shaukat Tarin was held in Islamabad. It reviewed the progress on the privatization of
May 28, 2021: Prime Minister Imran Khan says the government is taking all-out steps to incentivize investors for promotion of industrialization and exports in the country. He was addressing the ceremony of a
May 28, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.63% during the week ended May 27, 2021 while the SPI increased by 16.34% compared to the
May 28, 2021 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on May 28, 2021 in Karachi, has decided to maintain the policy rate
European stock markets opened higher at the start of trading on Friday following gains in Tokyo and overnight on Wall Street. London's benchmark FTSE 100 index rose 0.2 percent to 7,032.84 points. Frankfurt's
While microfinance is not exactly a novel concept, its popularity took a different stage after the works of Muhammad Yunus, the Bangladeshi Nobel laureate, founded Grameen Bank. The next transformational shift in the
May 28, 2021 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during July-Apr FY21, followed by United Arab Emirates (UAE), Singapore, the USA, and Saudi Arabia.
October 04, 2020 (MLN): The latest weekly roundup is here to update the financial and economic data releases as they provide a guide to keeping an eye on trends in the upcoming week. Pakistan's Yearly
October 3, 2020: The cement sector has achieved the highest ever despatches in September 2020. The total despatches during September 2020 were 5.213 million tons against despatches of 4.273 million tons in September 2019. The
October 03, 2020 (MLN): The non-government sector has retired another net sum of Rs.18.6 billion during the week ended September 25, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021 to Rs.156.76
October 03, 2020 (MLN): The government of Pakistan has acquired a net debt of Rs.256.92 billion during the week ended September 25, 2020, which brings its total net borrowing for ongoing fiscal year 2021 to
October 03, 2020: The Federal Board of Revenue (FBR) has upgraded its FASTER system to FASTER Plus for expeditious and transparent Issuance of refunds to exporters. The system would allow refunds to thousands of claimants
October 02, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in September 2020 was 9.04 percent compared to 8.21 percent in August 2020 and 11.40 percent in September 2019. The July-September average inflation is
October 02, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.71% during the week ended Oct 01, 2020 while the SPI increased by 9.43% compared to the corresponding period
Oct 02, 2020: The Ministry of National Food Security and Research (MNFSR) here on Friday said that Pakistan would import 180,000 MT of wheat from Russia on, as part of an arrangement to increase supplies. The
October 2, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Cabinet Division. ECC considered
October 02, 2020 (MLN): Foreign investors have pulled out a net amount of $161 million from capital markets via Special Convertible Rupee Account (SCRA) during Jul-Sept FY21. According to the data released by the State
Oct 02, 2020: The government has acquired around 32,139 acres of land, out of total 37,419 acres land required for the construction of Diamer Basha dam. Sources told APP that almost 86 per cent land
October 02, 2020 (MLN): The total industry sales volumes for Oil Marketing Companies (OMCs) during 1QFY21 witnessed an increase of 8% YoY to 4.74 MTs as compared to 4.39 MTs recorded in the corresponding period
October 02, 2020 (MLN): Tabish Gauhar has been appointed as a special assistant to the prime minister on power. Mr. Gauhar joined as a Director of Byco Petroleum Limited (BYCO) on March 27, 2019. In
October 2, 2020 (MLN): The export figures for September 2020 have shown improvement as compared to September 2019. The exports have grown 6% to USD 1.872 billion in September 2020. Taking to his twitter handle,
October 2, 2020: Federal Minister for Economic Affairs Makhdum Khusro Bakhtyar chaired the tripartite wrap-up meeting on Portfolio Review of USAID Projects in Pakistan at Ministry of Economic Affairs yesterday. The meeting was attended by
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