January 20, 2021: Prime Minister Imran Khan has directed to speed up measures for procurement and supply of the approved coronavirus vaccines in the country. He was presiding over a meeting of the
January 20, 2021: Federal Cabinet, under the second schedule of the Income Tax Ordinance 2001, has approved tax exemption on the profits gained through Euro Bonds, dealings in International Sukuk issued under the
Jan 19, 2021: Eurozone banks further tightened conditions for approving loans in the fourth quarter of 2020, a European Central Bank survey showed Tuesday, as a resurgence of Covid-19 clouded the outlook. Credit
January 19, 2021: Mr. Mohsin Rafique, Collector of Customs Appraisement, Lahore, has said that from January 20, 2021, all duties and taxes exceeding Rs. one million will be paid only through the system
January 19, 2021 (MLN): Pakistani startup Bazaar Technologies has successfully raised USD 6.5 million in a seed funding round. The round was led by Indus Valley Capital, a Pakistan-focused fund started by LinkedIn’s
January 19, 2021: The Federal Government has released Rs. 319.56 billion for various ongoing and new social sector uplift projects till date under its Public Sector Development Programme (PSDP) 2020-21. The released funds
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
May 02, 2020: Advisor to the Prime Minister on Commerce, Abdul Razak Dawood said that the country’s exports target of US $ 25 billion could not be achieved due to the ongoing situation of lockdown
May 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in April 2020 was 8.53 percent compared to 10.20 percent in March 2020 and 8.30 percent in April 2019. The July – April average
April 30, 2020: The Executive Committee of the National Economic Council (ECNEC) on Thursday approved Rs249.91 billion four major projects to improve road infrastructure, human capital, agriculture and water reservoirs. The meeting of the council
April 30, 2020: The Oil and Gas Regulatory Authority (OGRA) on Thursday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of May. According to the notification, the authority has increased the
April 30, 2020: The federal government on Thursday announced to reduce the prices of petrol by Rs15 per litre for the month of May 2020 to provide relief to the consumers. The MS Petrol would
April 30, 2020 (MLN): World Bank and IMF have projected that for the first time since 1950 real GDP growth of Pakistan will be negative in FY20 after gauging the impact of COVID-19 pandemic on
April 30 2020: The Securities and Exchange Commission of Pakistan (SECP) has notified draft Corporate Insurance Agents Regulations, 2020 for eliciting public comments. Proposed Regulations aim at strengthening the regulatory regime for corporate insurance agents
April 30, 2020: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh has emphasized the need for better coordination among the stakeholders for arriving at a consensus on targets of macro-economic
April 30, 2020 (MLN): the Economic Affairs Division (EAD) has given the policy recommendations to Finance Ministry to fill the fiscal and balance of payments gaps by generating funds from international capital markets in the
April 30, 2020 (MLN): Given the current environment, the headline CPI inflation may not spur any change in interest rates this time as the index is foreseen to stand on a single-digit figure at 8.65%
April 29, 2020 (MLN): Pakistan has acquired $6.56 billion foreign assistance in the 8MFY20 from multilateral, bilateral, Saudi Arabia-Short term loans as well as Commercial Banks. The country provisionally received $287.5 million including $282.49 million
April 29, 2020: The federal government would present the budget for the fiscal year 2020-21 in the parliament in the first week of June 2020, with special focus on mitigating sufferings of people through various
April 29, 2020: Adviser to Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood Wednesday said that government under the leadership of Prime Minister Imran Khan was working on relief packages for the
April 29, 2020: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh says international financial institutions have started giving incentives to Pakistan in wake of COVID-19. Speaking in a private TV programme,
April 29, 2020 (MLN): The non-government sector has retired a net sum of Rs.11.17 billion during the week ended April 17, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020 to Rs.324.74
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