January 10, 2021: Prime Minister Imran Khan says tax payers of the country deserve to be praised and more incentives should be provided to them in the system. He was presiding over a
January 10, 2021: Minister for Energy Omar Ayub Khan has said most of the parts of the country have been energized after the major breakdown occurred last night due to sudden drop of
January 08, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.06% during the week ended Jan 07, 2021 while the SPI increased by 5.81% compared to the
January 8, 2021 (MLN): Pakistan’s debt market witnessed an inflow of $22.67 million in government’s long-term instrument (PIBs) by UK investors on Thursday, bringing the total inflow in government-backed long term securities for
January 08, 2021 (MLN): Workers’ remittances maintained their strong momentum for the seventh consecutive month in December. Remittances rose further to $2.4 billion, growing by 16.2 percent on a year-on-year basis and 4.2
Jan 08, 2021: The Chairman Federal Board of Revenue has constituted a committee for timely designing, finalization and simplification of Income Tax Return forms for individuals, Association of Persons (AOPs) and companies for
January 8, 2021: Prime Minister Imran Khan has stressed the need to enhance inter-ministerial coordination and public-private partnership to increase exports. Chairing a meeting of the Apex Committee on Economic Outreach in Islamabad,
Jan 08, 2021: The Ambassador of the Republic of Turkmenistan to Pakistan, Atadjan Movlamov called on Advisor to the Prime Minister on Commerce and Investment Abdul Razak Dawood here on Thursday. During the
January 7, 2021 (MLN) The Federal Board of Revenue (FBR) has authorized certain officials of the Directorate General of Intelligence and Investigation Inland Revenue, Regional Tax Offices, and Model Customs Collectorates to monitor
January 07, 2021: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of the Federal Minister for Planning, Development, and Special Initiatives Asad Umar here in Islamabad on
January 7, 2021 (MLN): The total deposits held by Commercial Banks have shown a robust growth of 17% YoY to Rs 17.1 trillion in CY20. This is the highest growth in 4-years and
January 07, 2021 (MLN): Pakistan's trade deficit for 6 months (July-December) FY21 was USD 12.42 billion compared to a deficit of USD 11.67 billion from the corresponding period from FY20. According to data
January 07, 2020: The government has released funds amounting to Rs1,329.928 million during the first half of the current fiscal year (July-December) to execute eight petroleum projects under the Public Sector Development Programme
January 7, 2021 (MLN): Prime Minister Imran Khan on Thursday congratulated the exporters and the Ministry of Commerce for their achievements. Taking to his official Twitter account, he said: ‘I have received the
January 07, 2020: The Economic Coordination Committee of the cabinet has approved the import of additional wheat to buffer up existing stocks till the arrival of fresh crops. The ECC, which met in
March 20, 2020 (MLN): The exports of the food group witnessed a decrease of 14.65% YoY and 23% MoM to stand at $362 billion in the month of March 2020. While the imports of the
April 20, 2020 (MLN): IMF Representative in Pakistan, Teresa Daban Sanchez while addressing a seminar has said that owing to multiple challenges faced by Pakistan amid COVID-19 pandemic, the economy would be contracted sharply. Furthermore,
April 20, 2020 (MLN): Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood has said the government is finalizing a scheme to support Small and Medium Enterprises across all the sectors that
April 20, 2020 (MLN): World Bank plans to approve 500 million dollars financing for Pakistan by next month. The loan aims to strengthen civil registration and vital statistics i.e. health and education. Copyright Mettis Link
April 19, 2020 (MLN): The total FY20 budget outlay of the Federal Public Sector Development Plan (PSDP) is 701 billion i.e. 8.5% of total expenditure, out of which Rs 8.3 billion or 1.18% has been
April 19, 2020 (MLN): Below are the highlights of the important economic and business events witnessed during the last week that will have a positive impact on Pakistan’s economy in this crucial time when the
Market Data and Economic Indicators Weekly Performance Apr 17, 2020 Apr 10, 2020 PKR InterBank 163.5797 166.7949 KSE100 Index 32,831.83 32,033.20 Avg Daily Volume 178,091,164 185,949,395 Gold (Karachi) Rs/10 gm 83,676 83,848 KIBOR 6M
April 19, 2020 (MLN): A brief account of the latest financial data releases and economic developments over the course of the week is highlighted below: The State Bank of Pakistan (SBP) has decided to reduce
April 19, 2020 (MLN): The $1.4 billion RFI disbursement is additional to the $6 billion EFF to help Pakistan’s immediate efforts to COVID-19. The IMF remains closely engaged with the Pakistani authorities to bring the
April 17, 2020: In a video message released today on the U.S. Mission to Pakistan’s social media platforms, Ambassador Paul Jones discussed several new ways that the United States is partnering with Pakistan to combat
April 17, 2020 (MLN): Pakistan’s exports performance remained depressing during Jul-March FY20, as it only increased by a mere 2% YoY to $17.45 billion as compared to $17 billion recorded during Jul-March FY19. According to
April 17, 2020 (MLN): In the month of March 2020, export receipts of Petroleum group & coal have been recorded at $24 million, showing a decline of 28% MoM and of 26% YoY. While imports
April 17, 2020 (MLN): The relentless demand from business and industrial communities to bring interest rate to single digit has been heeded by State Bank of Pakistan in its surprise move yesterday in which the
April 17, 2020: Prime Minister Imran Khan on Friday sought recommendations from the Special Committee on Agricultural Products for providing special relief to the agriculture sector in the wake of the crisis of COVID-19.
April 17, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.15% during the week ended Apr 16, 2020 while the SPI increased by 7.69% compared to the corresponding period
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