January 19, 2020 (MLN): Savings mobilisation by the National Savings Schemes (NSS) during July-Oct FY21 clocked in at Rs. 24.8 billion, compared to Rs.80.97 billion recorded in the same period of the previous
January 19, 2020: The ease-of-doing business plan, introduced by the Pakistan Tehreek-i-Insaf (PTI) government, has started yielding the required results with stepping in of four private sector companies for carrying out regulated activities
January 19, 2020 (MLN): Pakistan’s Power Sector has received the highest net FDI worth $80.9 million in December’20, followed by the Trade and Oil & Gas Exploration sector with net negative FDI of
January 19, 2021: In a major achievement towards ensuring ease of doing business, Pakistan has improved 31 positions, from 142nd to 111th, on the rank of Trading Across Border Index. The aforesaid announcement
January 19, 2021 (MLN): A meeting of the cabinet’s Economic Coordination Committee (ECC) is likely to give approval for the waiver of taxes on imports of sugar that will be held on Wednesday,
January 19, 2020 (MLN): China emerged as the largest direct foreign investor in Pakistan during December 2020, with a net direct investment of $53.7 million, followed by Hongkong and United States who invested
January 19, 2021 (MLN): Pakistan welcomed Foreign Direct Investments of $193.6 million during the month of December 2020, after witnessing divestment of $16 million in November 2020. According to the data compiled by
January 19, 2021: President Dr. Arif Alvi says Pakistan wants to further strengthen relations with Vietnam in diverse fields, including trade and economy. He was talking to the outgoing Ambassador of Vietnam Pham
January 19, 2021: Minister for Industries and Production Hammad Azhar has said the government is taking concrete measures to bring down sugar and wheat prices in the country. Speaking in the Senate on
January 19, 2021: Minister for Finance and Revenue Hafeez Sheikh has said due to the government's tough, result-oriented decisions and prudent policies economic indicators now have become positive. Speaking in the Senate, he
January 18, 2021 (MLN): The total debt of the Central Government during the month of November 2020 surged by Rs. 3.69 trillion or 11% YoY to stand at Rs. 35.82 trillion when compared
Jan 18, 2021: The Central Directorate of National Savings (CDNS) has reached the free deposit of Rs 430 billion in last six months from July 01 to December 31st current Fiscal Year (FY)
January 18, 2021 (MLN): Petroleum imports declined 22.32% YoY in value during 1HFY21 to $4.77 billion from $6.142 billion recorded in the corresponding period of last year. The significant fall in petroleum imports
January 18, 2021: The “OICCI Recommendations for Digital Economy” report was launched on January 18th, 2021 highlighting the much-needed shift required to capture the opportunity of Digital transformation happening within and outside Pakistan
January 18, 2021: Chief Executive Officer Balochistan Board of Investment and Trade (BBIT) Farman Zarkoon has said that the province has tremendous opportunities for domestic and foreign investors in the minerals sector. In
May 6, 2020 (MLN): The Federal government has collected around Rs 198 billion during July 2019 to March 2020 from Petroleum Levy. The collection from Petroleum Levy during the period increased by 40% as in
May 6, 2020 (MLN): The non-government sector has retired a net sum of Rs.29.32 billion during the week ended April 24, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020 to Rs.295.43
May 6, 2020 (MLN): The government of Pakistan has retired Rs.121.08 billion during the week ended April 24, 2020, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.911.71 billion. As of
May 6, 2020: Ministry of Finance and State Bank of Pakistan have introduced risk-sharing mechanism to support bank lending to SMEs and small businesses to avail SBP’s Refinance Facility to Support Employment. ‘Taking cognizance of
May 06, 2020 (MLN): Pakistan Business Council (PBC) alarmed a sharp 34% rise in tax revenues projected by IMF for FY21 will throttle an economy that was barely stabilizing prior to the onset of Covid-19.
May 6, 2020: The National Command and Operation Center (NCOC) has proposed multiple recommendations to ease lockdown restrictions in the country which were imposed to curb spread of the coronavirus. The recommendations were made during
May 6, 2020: Prime Minister's Advisor on Abdul Razak Dawood says the government is aggressively working on changes in tariff structure for the upcoming budget to facilitate local production in pursuit of 'Make in Pakistan
May 05, 2020 (MLN): Pakistan's trade deficit for 10 months (July-April) FY20 was USD 19.50 billion compared to a deficit of USD 26.23 billion from the corresponding period from FY19. According to data released by
May 05, 2020: The Federal government has so far authorized to release Rs 7595.950 million for various ongoing and new projects of Finance Division under its Public Sector Development Programme (PSDP) 2019-20, as against its
May 5, 2020: A meeting of the Cabinet Committee on Energy was held in Islamabad today with Minister for Planning, Development and Special Initiatives Asad Umar in the chair. The meeting was apprised about the
May 4: President Dr Arif Alvi has approved amendments in Companies Act 2017 to provide an enabling regulatory framework to facilitate startups in Pakistan. These amendments were proposed by the Securities and Exchange Commission of
May 04, 2020 (MLN): The Banking sector spread for March 2020 shrunk by 18 basis points (bps) over the month which brings its latest value to 5.19% as compared to prior month's spread of 5.37%.
May 04, 2020 (MLN): In line with the market consensus, the headline inflation in Pakistan finally fell into single-digit level to 8.5% in April 2020 after a hiatus of 8 months. To recall, in March 2020
May 4, 2020: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs173 billion in the last 10 months of the current fiscal year by May 2. CDNS has set
May 04, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.72% during the week ended Apr 30, 2020 while the SPI increased by 9.84% compared to the corresponding period
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