March 3, 2021: The government has so far released around 91.6 percent funds against the total allocation of Rs1,8441.230 million to execute eight petroleum sector projects under the Public Sector Development Programme (PSDP
March 3, 2021 (MLN): The overall imports during Jul-Feb FY21 have increased by USD 2.085 billion as compared to the same period in the last fiscal year. In this regard, the Ministry of
March 3, 2021 (MLN): The Finance Ministry on Monday, informed that encouraging fiscal indicators, considerable growth in net revenues and effective expenditure control measures have helped contain the overall fiscal deficit to 2.5%
Mar 03, 2021: Asian markets rose Wednesday following the previous day's losses but investors remain on guard over a possible correction as concerns about asset bubbles and a surge in inflation continue to
Mar 02, 2021: The federal government has collected around Rs679 billion on account of the Petroleum Development Levy (PDL) during the last three years to meet the country’s budgetary revenue targets. The petroleum
March 2, 2021 (MLN): Following a strong start to a new year, the upturn in the sales of Petroleum and Lubricants continues, as the total sales volume of the Oil and Marketing Companies
March 2, 2021 (MLN): The headline inflation for the month of February 2021 climbed to a four-month high of 8.7% YoY from 5.65% YoY in the previous month due to a jump in
March 2, 2021: Central Directorate of National Savings (CDNS) has paid encashment of Rs 115 billion by February 28 to the investors against the suspension of prize bonds of Rs 25,000. The federal
Mar 02, 2021: Pakistan has improved its position on the World Bank (WB) Ease of Doing Business Index for the second consecutive year, according to the annual report issued by the Security and
Mar 02, 2021: The federal government has released Rs 479.238 billion for various ongoing and new social sector uplift projects to date under its Public Sector Development Programme (PSDP) 2020-21. The released funds
March 2, 2021: The Oil and Gas Regulatory Authority (OGRA) has issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of March. According to the notification, the authority increased the
Mar 02, 2021: As members of the oil cartel OPEC and its allies meet this week to discuss adjusting output, analysts expect old tensions between oil producer giants to flare up again. Russia
Mar 02, 2021: Asian markets mostly advanced again Tuesday, building on a global rebound from last week's rout as concerns about rising bond yields subsided and investors turned their attention back to the
March 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in February 2020 was 8.70 percent compared to 5.65 percent in January 2020 and 12.40 percent in February 2020. The July-February average
March 01, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.55.11 billion during the week ended February 19, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
June 25, 2020: Pakistan has received USD 1.5 billion in COVID 19 and development policy-related assistance from the World Bank, Asian Development Bank and Asian Infrastructure Investment Bank during this week. This was stated by
June 25, 2020 (MLN): The International Monetary Fund (IMF) in its Weekly Economic Outlook report released on Wednesday stated that it expects Pakistan’s economy to show one percent growth in Fiscal Year 2021 (FY21). IMF’s
June 25, 2020 (MLN): The Ministry of Industries has held a meeting with major oxygen producers and reached a decision with them to supply/redirect oxygen to HealthCare on a first priority basis, Hammad Azhar tweeted
June 25, 2020: The Cabinet Committee on the State-owned Enterprises (CCoSOEs) met yesterday to discuss the governance reforms on the state-owned enterprises and the reconstitution of the Board of Directors of Sarmaya-i-Pakistan Limited. The CCoSOEs
June 25, 2020: Diamer Basha Dam Project is being pursued vigorously. There is a massive build-up of machinery and plants at the site, as the Water Resources Federal Minister and WAPDA Chairman pushed the mobilization.
June 25, 2020: Prime Minister Imran Khan has directed to formulate a strategy for the establishment of a Gemstone City in Islamabad, featuring a one-window facility to promote foreign investment and exports in the gems
June 24, 2020: An important meeting about the privatization of entities in active list held today under the chairmanship of Federal Minister/ Chairman Privatization, Mohammedmian Soomro here in Islamabad. Federal Secretary Privatization, DGs, Transaction Managers,
June 24, 2020: The government has so far released funds amounting to Rs287.289 million to execute seven petroleum projects under the Public Sector Development Programme (PSDP 2019-20) against the total allocation of Rs304.997 million. According
June 24, 2020 (MLN): Pakistan's Current Account Deficit (CAD) during the month of May 2020 has shown a surplus of $13 million, compared to a deficit of $530 million reported in the previous month i.e.
June 24, 2020: Prime Minister Imran Khan has said that Overseas Pakistanis are our assets and provision of all possible facilitates to them in all sectors including remittance is the prime priority of the government.
June 24, 2020: Economic Coordination Committee (ECC) of the Cabinet has allowed the private sector to import wheat to control prices of wheat and flour in the market and ensure the availability of these commodities
June 24, 2020: Prime Minister Imran Khan has directed the provincial governments to ensure zero-tolerance policy over wheat smuggling and hoarding and formulate a long term strategy in view of the country's future requirements. Chairing
June 23, 2020: The Union of Small and Medium Enterprises (UNISAME) invited the attention of the director general (DG) of the Pakistan Council of Scientific and Industrial Research (PCSIR) to the need to promote import
June 22, 2020 (MLN): The non-government sector has retired a net sum of Rs.38.16 billion during the week ended June 12, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020 to Rs.301.02
June 22, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.73.08 billion during the week ended June 12, 2020, which brings its total net borrowing for ongoing fiscal year 2020 to
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