December 31, 2020: PSO continues to lead the fuel revolution in Pakistan by becoming the first Oil Marketing Company (OMC) to upgrade Pakistan’s diesel fuel standard from Euro 2 to Euro 5. The
December 31, 2020: Prime Minister Imran Khan on Thursday, approved the minimum possible increase in petroleum prices against the recommendations forwarded by the Oil and Gas Regulatory Authority (OGRA). The oil and gas
December 31, 2020 (MLN): Pakistan’s headline inflation for the month of December 2020, is likely to ease-off further despite the increase in fuel prices and housing index. By gathering the projections put forth
December 31, 2020: Pakistan and China have signed a grant agreement of one hundred million dollars to repair National Highway-5. The signing ceremony in this regard was held at Economic Affairs Division in
December 31, 2020 (MLN): The non-government sector has borrowed a net sum of Rs.59.89 billion during the week ended December 18, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2021
December 31, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.156.41 billion during the week ended December 18, 2020, which brings its total net borrowing for ongoing fiscal year
December 31, 2020: Minister for Energy Omar Ayub Khan says the government is focusing on alternate resources to produce cheaper power to meet the growing needs of the country. Talking to Chief Minister
December 31, 2020: Prime Minister Imran Khan has said that stability in prices of edible items is the top priority of the government and directed to strictly monitor demand and supply indicators of
December 31, 2020: US stocks pushed to new heights on Wednesday as the dollar retreated, while European equities fell as tighter lockdowns dampened enthusiasm over another vaccine receiving its first approval. Despite higher
December 31, 2020: President Dr. Arif Alvi says the business environment has improved in Pakistan as a result of the government's reforms and policies. Talking to a delegation of Entrepreneurs' Organization in Islamabad
December 30, 2020 (MLN): The State Bank of Pakistan and all other banks will remain closed for public dealing on January 1, 2020 which will be observed as Bank Holiday. However, all employees of
December 30, 2020: Federal Minister for Planning Development and Special Initiatives, Mr. Asad Umar has constituted a five-member committee under the chairmanship of Mr. Muhammad Jehanzeb Khan, Deputy Chairman Planning Commission with the
December 30, 2020: The 2020 proved to be an exceptional year for water and hydropower sectors in the country, as the Pakistan Water and Power Development Authority (WAPDA) succeeded in achieving the historic
December 30, 2020 (MLN): The federal cabinet has allowed in principle, Water and Power Development Authority (Wapda) to issue Eurobonds in the international market for raising $500 million to meet foreign financing needs
December 30, 2020: Prime Minister Imran Khan has underlined Pakistan’s resolve to forge closer ties with Central Asia, covering trade, investments, energy, and people-to-people contacts. He was talking to Uzbekistan’s Minister for Transport
Apr 12, 2020: The Sui Northern Gas Pipelines Limited (SNGPL) has allocated an amount of Rs 38 million to support the government efforts to contain the spread of novel coronavirus that took thousands of lives
April 12, 2020 (MLN): The outgoing week witnessed many such actions taken by the local government and international institutions that could lead to lessening the impact of the COVID-19 outbreak on households, businesses and domestic
Market Data and Economic Indicators Weekly Performance Apr 10, 2020 Apr 03, 2020 PKR InterBank 166.7949 166.7666 KSE100 Index 32,033.20 31,621.79 Avg Daily Volume 185,949,395 227,580,457 Gold (Karachi) Rs/10 gm 83,848 82,047 KIBOR 6M
April 12, 2020 (MLN): The latest weekly economic roundup provides a summary of the key economic and financial developments from the preceding week. The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by
April 11, 2020: Prime Minister Imran Khan Saturday referring to the State Bank of Pakistan’s (SBP) 'Refinance scheme to incentivize businesses', said that it was part of the government’s policy of balancing between protecting people
April 11, 2020 (MLN): The National Steel Advisory Council (NSAC), an association of major iron and steel producers of Pakistan’s Steel Manufacturing Industry, has sent a letter to the Chief Minister of Sindh pointing out
April 11, 2020: Resident Representative of International Monetery Funds (IMF) in Pakistan Ms. Maria Teresa Daban Sanchez has said that Pakistan would receive $ 1.4 billion through Rapid Financing Instrument (RFI) from the fund to
April 10, 2020: The sale of cars in the country plunged by 46.8 percent during first nine months (July-March) of current fiscal year (2019-20). The sale of cars went down from 160,359 units in July-March,
April 10, 2020: To support the employment of workers in the face of economic challenges posed by the spread of COVID-19, the State Bank of Pakistan (SBP), has introduced a temporary refinance scheme for businesses
April 10, 2020 (MLN): The total money supply circulating within the economy in February 2020 has been recorded at around Rs.22.5 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by the
April 10, 2020 (MLN): Net foreign outflows slowed down by Rs 5.18 billion to Rs 37.98 billion from local securities during the week ended April 03, 2020, marking the sixth straight week of foreign net
Apr 10, 2020: The government has released a sum of Rs47,305.087 million for various water resource projects under annual Public Sector Development Programme (PSDP) for fiscal year 2019-20 so far. According to the data of
April 10, 2020 (MLN): The Ministry of Commerce has released Rs. 20.5 billion for the textiles & Rs. 828 million for the non-textile sector under the Drawback of Local Taxes and Levies (DLTL) scheme. Advisor
April 10, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.44% during the week ended Apr 09, 2020 while the SPI increased by 8.2% compared to the corresponding period
April 10, 2020: Minister for Planning and Development Asad Umar has said the rate of inflation for essential products has fallen to less than half in the last three months. In a tweet on Friday,
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