March 19, 2021: The Asian Development Bank (ADB) has quadrupled its support for food systems development in the past decade from $409 million in 2010 to $1.2 billion in 2020 to help close
March 19, 2021 (MLN): The Finance Committee of Export Development Fund (FC-EDF) approved Rs. 950 million for up-gradation of PPTF. Taking to his Twitter handle, Advisor to the PM on Commerce and Investment,
Mar 19, 2021: The Bank of Japan on Friday maintained its negative interest rate and tweaked its monetary easing programme as it battles to boost inflation and shore up the pandemic-hit economy. The
March 19, 2021: Prime Minister Imran Khan has underscored the need for forging deeper economic, trade and investment cooperation between Pakistan and Kuwait. He expressed these views during a meeting with the Foreign
March 19, 2021: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Cabinet Committee on Privatization (CCoP) yesterday. Federal Minister for Privatization Muhammad Mian Soomro, Federal Minister
March 19, 2021: Pakistan Mortgage Refinance Company (PMRC) has issued a first of its kind Sukuk of PKR 3.1 billion at 8.25% for the promotion of housing finance in Pakistan. PMRC and its
March 19, 2021: Most stocks fell in Asia on Friday as the euphoria from the Federal Reserve's upbeat economic outlook was replaced by fears the recovery will fan inflation and force policymakers to
March 18, 2021 (MLN): The State Bank of Pakistan (SBP)’s Monetary Policy Committee (MPC) is scheduled to convene on Friday, March 19, 2021, to announce Monetary Policy for the next two months. To
March 18, 2021 (MLN): Pakistan's outstanding debts as of February 28, 2021 stand at a colossal amount of Rs.23.61 trillion whereas total debt at the end of the prior month was Rs.23.3 trillion,
March 18, 2021 (MLN): The upward momentum continued in the interbank market fuelled by better inflows and improved sentiments as Pak Rupee (PKR) opened strong against the USD at 155.00/155.10 before easing slightly
March 18, 2021: Japan has expressed a strong desire to expand relations with Pakistan in different fields including trade, economy, investment, military, and sports besides enhancing political and cultural exchanges. The
March 18, 2021: Equities rallied in Asia on Thursday after the Federal Reserve ramped up its outlook for the US economy but reiterated its pledge to maintain its ultra-loose market-friendly monetary policies for
March 17, 2021: The Federal Reserve has made it clear it is too soon to think about pulling back on stimulus for the pandemic-battered economy, but finds itself stuck between an improving outlook
March 17, 2021: Federal Minister for Privatisation / Chairman Mohammed Mian Soomro chaired a high-level meeting on the transaction of NPPMCL. Federal Secretary Privatisation, Additional Secretary Petroleum and representative of Power Division attended
March 17, 2021: Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet held today. Federal Minister for Interior Sheikh Rasheed
July 7, 2020 (MLN): Pakistan witnessed an inflow of $15.11 million by foreign investors via Special Convertible Rupee Account (SCRA) in government debt securities in first three days of FY21. The total inflows in Treasury
July 07, 2020 (MLN): The responsiveness of remittances to the international oil prices is a concern for Pakistan’s economy as workers’ remittance flows from GCC countries allow Pakistan to maintain foreign reserves, service debt, and
July 07, 2020: The National Electric Power Regulatory Authority (NEPRA) has taken a serious notice of K-Electric’s excessive load shedding complaints. In this regard, the Authority has decided to hold a public hearing on July
July 07, 2020: Pakistan and China have signed an agreement for the construction of the Azad Pattan Hydel Power Project. Prime Minister Imran Khan witnessed the signing of the agreement with China Gezhouba for the
July 06, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.206.68 billion during the week ended June 19, 2020, which brings its total net borrowing for ongoing fiscal year 2020 to
July 06, 2020 (MLN): The non-government sector has borrowed another net sum of Rs.28.38 billion during the week ended June 26, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020 to Rs.306.3
July 6, 2020: After posting a decrease for three consecutive months, cement despatches increased by 29.94 percent in June 2020 to 4.623 million tons from 3.557 million tons in June 2019, ending the fiscal year
July 6, 2020: On 17th March 2020, SBP introduced a refinance scheme, titled Refinance Facility to Combat Covid-19 (RFCC), to support the hospitals and health sector for providing services to directly fight against Covid-19. Under
July 06, 2020: The Specialized Committee Meeting of Trade Facilitation of ECO Chamber of Commerce & Industry (ECO-CCI) was held via video link and attended by representatives of the Chambers of Commerce & Industry of
July 6, 2020: Overseas Investors Chamber of Commerce and Industry (OICCI), the largest chamber in terms of economic contribution and representing top 200 foreign investors in Pakistan, has released the results of its latest Annual
July 06, 2020: Prime Minister Imran Khan has commended the pace of work on hydropower projects being completed in Khyber Pakhtunkhwa. In a Facebook post, the Prime Minister said 36 Megawatt Daral Khwar hydropower project
July 06, 2020: Prime Minister Imran Khan will deliver a keynote address at a special session of International Labour Organization, be held on the request of Pakistan on Wednesday, to evolve a strategy for the
Jul 05, 2020: Federal Minister for Science and Technology, Chaudhry Fawad Hussain Sunday said Pakistan will have its own big medical and electromagnetic industry in the next three years. “And I have no doubts that
Jul 05, 2020: Minister for Planning, Development and Special Initiatives Asad Umar Sunday said WAPDA had produced highest ever hydel electricity in 2019-20 with an increase of 20 percent compared to the previous year. In
Jul 05, 2020: The Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood said on Sunday that China and Pakistan have agreed on some proposals for Joint Ventures between Chinese and Pakistani
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