February 22, 2021 (MLN): The government of Pakistan has acquired an additional debt of Rs.10.14 billion during the week ended February 12, 2021, which brings its total net borrowing for ongoing fiscal year
February 22, 2021 (MLN): Foreign Investment in Pakistan totaled $240.6 million during the month of January, i.e. nearly 19% higher as compared to the previous month but 85% lower as compared to the
February 22, 2021 (MLN): The upbeat momentum of workers’ remittances in Pakistan is credit positive for Pakistan's banks, as it supports deposit inflows and foreign-currency liquidity. Higher household incomes because of remittances also
February 21, 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
Market Data and Economic Indicators Weekly Performance Feb 19, 2021 Feb 12, 2021 PKR InterBank 159.1023 158.8185 KSE100 Index 46,227.65 45,808.36 Avg Daily Volume 594,931,762 734,275,615 Gold (Karachi) Rs/10 gm 94,264 95,165
February 19, 2021: Bitcoin hit a new record high on Friday and surpassed $1 trillion in market capitalisation, while European and US equities also pushed higher. The digital unit zoomed to another record
February 19, 2021 (MLN): Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet today. Federal Minister for National Food Security
Feb 19, 2021: Pakistan Software Export Board (PSEB) will sign a Memorandum of Understanding (MoU) with the Pakistan Stock Exchange (PSX) soon, ensuring sustainable growth of Pakistan’s IT sector in the country. The
February 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.55% during the week ended Feb 18, 2021 while the SPI increased by 9.92% compared to the
February 19, 2021: A public consultation jointly organized by the Food and Agriculture Organization of the United Nations and the Forest and Wildlife Department, Government of Sindh, saw participants from the government, the
February 19, 2021 (MLN): The import bill of the Machinery group increased by 6% MoM and 9% YoY to clock in at $919.567 million in the month of January 2021. According to the
February 19, 2021: Inaugural meeting of the 10th National Finance Commission was held in Islamabad on Thursday with Finance Minister Dr. Abdul Hafeez Shaikh in the chair. During the deliberations, members of the
February 19, 2021 (MLN): The government of Pakistan has retired Rs.9.18 billion during the week ended February 05, 2021, which brings its total net borrowing for ongoing fiscal year 2021 to Rs.162.45 billion.
February 19, 2021 (MLN): The non-government sector has borrowed another net sum of Rs.25.58 billion during the week ended February 05, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
February 18, 2021 (MLN): The total debt of the Central Government during the month of December 2020 surged by Rs. 3.59 trillion or 11% YoY to stand at Rs. 36.26 trillion when compared
June 14, 2020 (MLN): The total amount for External Receipts in the federal budget for FY21 are estimated at Rs 2.22 trillion, shows a decline of 2% over the revised estimates for budget 2019-20. The
June 14, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.05% during the week ended Jun 11, 2020 while the SPI increased by 8.49% compared to the corresponding period
June 12, 2020 (MLN): The total amount allocated for Total Capital Receipts, which is the sum of Recoveries of Loans & Advances and Capital Receipts, in the Federal Budget for the Fiscal Year 2020-21 totals
June 13, 2020 (MLN): The much-awaited budget FY2020-21 was announced yesterday, with Rs 209 billion enacted towards subsidy, marking a decrease of 40% and 24% from the revised estimates and actual budget figures of FY2019-20
June 13, 2020: Adviser on Finance Hafeez Sheikh has said the budget for next fiscal year is focused to cope with the impacts of Covid-19 and provide relief to the masses. He was addressing post
By Asad Rizvi June 13, 2020 (MLN): I don’t want to comment on BUDGET FY21window dressing strategy, because when the economy is unable to generate income and is fragile for years, it keep shrinking. This
June 12, 2020 (MLN): The total outlay for the net revenue receipts, which is a component of internal resources, has been set at Rs. 3.69 trillion, i.e. around 6.6 percent as compared to the actual
June 12, 2020 (MLN): The tax revenue target for the fiscal year 2020-21 is Rs 5464 billion, framing the COVID-19 situation and its subsequent impacts on the battering economy. To set the target of Rs
June 12, 2020 (MLN): The total outlay for overall government expenditure during FY21 has been set at 7.23 trillion, out of which the amount for current expenditure is Rs 6.34 trillion, shows detailed budget document
June 12, 2020 (MLN): Minister of Industries and Production, Mr. Hammad Azhar has begun the presentation of budget for Fiscal Year 2020-21 in the federal cabinet session, under the presidency of the Prime Minister Imran
June 12, 2020 (MLN): The size of Public Sector Development Programme (PSDP) for 2020-21 has been set at Rs1.3 trillion, shows PSDP document issued by Ministry of Planning, Development and Special Initiatives. Out of this,
June 12, 2020 (MLN): Minister for Science and Technology, Chaudhry Fawad Chaudhry has announced that Pakistan’s first COVID testing kit has been approved by the Drug Regulatory Authority of Pakistan (DRAP). Taking to his social media
Jun 12, 2020: A major developer of wind energy in Pakistan, ACT Wind (Pvt) Limited, has signed a contract with Xinjiang Goldwind Science Technology Co., Ltd. to acquire 50MW suite of wind turbine for the
June 12, 2020: Prime Minister Imran Khan has warned of strict action against the shopkeepers and business community who are not following Standard Operating Procedures in wake of Coronavirus. Expressing his views on PTV on
June 11, 2020: Oil and Gas Regulatory Authority (OGRA) on Thursday imposed fine amounting to Rs 40 million on six Oil Marketing Companies (OMCs) for not maintaining the required fuel stocks as per terms and
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