October 26, 2020 (MLN): The Government has clarified that the news items published in a section of media titled “Power Division misspent Rs.3 tr, points out AGP are factually incorrect” and out of context of
October 26, 2020 (MLN): A meeting of Economic Coordination Committee (ECC) was held in Islamabad on Monday with Adviser on Finance Hafeez Sheikh in the chair. The meeting approved Rs 200 increase in
October 26, 2020: The political economy of the trade is governed by trade policies and whereas in the situation created by Covid-19 pandemic many countries are using Ad hoc as restrictions on imports
October 26, 2020: Prime Minister Imran Khan on Monday terming Afghanistan a natural trade partner of Pakistan said his dream was to have an open trade border with the neighbouring country to fully
October 26, 2020: The federal Government has so far authorized release of Rs 289.71 billion against total allocation of Rs 650 billion for various ongoing and new social sector uplift projects under its
October 26, 2020: A two-day seminar on Pak-Afghan trade and investment to realize significance of bilateral trade and linkage and regional growth will commence in Islamabad on Monday. Parliamentarians, trade communities of the
October 26, 2020: Minister for Planning, Development and Special Initiatives Asad Umar says strong earnings being reported by companies listed on Pakistan Stock Exchange reflect the achivement of economic stability. In a tweet
October 26, 2020 (MLN): The Oil and Gas Regulatory Authority (OGRA), on Friday revised the sale prices and minimum charges in respect of natural gas sold by Sui Southern Gas Company and Sui
October 26, 2020: Asian markets were mixed Monday with traders increasingly pessimistic that US lawmakers will pass a new stimulus package before next week's election, while spiking virus cases fanned worries about the
October 25, 2020 (MLN): The highlight of the departed week was the FATF’s decision to retain Pakistan in its Grey list till February 2020 to give it a time to repair the shortcomings
October 25, 2020 (MLN): The financial snapshot of the country is brought to light with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI)
Market Data and Economic Indicators Weekly Performance Oct 23, 2020 Oct 16, 2020 PKR InterBank 161.3698 162.4942 KSE100 Index 41,266.00 40,164.02 Avg Daily Volume 465,576,973 295,628,213 Gold (Karachi) Rs/10 gm 98,894 99,151
October 24, 2020: Financial Action Task Force (FATF) has acknowledged that Pakistan has made progress across all action plan items and has now “largely addressed”21 of the 27 action items. According to Foreign Office,
October 24, 2020 (MLN): The non-government sector has borrowed a net sum of Rs.18.31 billion during the week ended October 16, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021
October 24, 2020 (MLN): The government of Pakistan has retired Rs.187.48 billion during the week ended October 16, 2020, which brings its total net borrowing for ongoing fiscal year 2021 to Rs.72.04 billion.
December 26, 2019: International Monetary Fund’s Resident Representative for Pakistan, Teresa Daban Sanchez has expressed satisfaction on overall macro-economic performance of the government. She expressed these views during a conversation with relevant stakeholders on first
December 26, 2019: Prime Minister Imran Khan has said the government is working on policy to announce special incentives for overseas Pakistanis, who send remittances through legal channels. He was addressing the launching ceremony of
December 26, 2019: Prime Minister Imran Khan says Government is focusing on research and development to enhance productivity and increase exports with the help of private investors. He was talking to Chairman, Al-Tamimi Group of
Dec 25, 2019: Central Directorate of National Savings (CDNS) has said the investors of Rs 40,000 prize bonds have withdrawn Rs 240 billion by December 20, 2019 out of overall reserve of Rs 259 billion
December 24, 2019 (MLN): A team of the Inland Revenue officers visited the All Pakistan Textile Mills Association (APTMA) Punjab on Tuesday to brief the Association members about the salient features of Withholding tax (WHT).
December 24, 2019 (MLN): The Banking sector spread for November 2019 depressed by 12 basis points (bps) over the month which brings its latest value to 6.01% as compared to prior month's spread of 6.13%.
December 24, 2019: Federal Cabinet has decided to reduce prices of eighty-nine medicines, including life-saving drugs, by fifteen percent with immediate effect to provide relief to people. Briefing media persons about cabinet meeting decisions in
December 24, 2019: P@SHA Chairman Shahzad Shahid and other CEC Members including Abbas Khan, Shamim Rajani, Sultan Hamdani and Zohaib Khan met the Governor State Bank of Pakistan Dr. Reza Baqir and his senior team.
December 24, 2019 (MLN): On the completion of its first quarterly review, International Monetary Fund (IMF) highlighted that power sector is one of the areas where country needs to put strong efforts to improve the
December 24, 2019: The Chinese markets are open to Pakistan’s agricultural products, especially good quality fruits, as China had either suspended or reduced agricultural products from some countries. In the past, China imported a large
December 24, 2019 (MLN): As the International Monetary Fund (IMF) has completed the first review of Pakistan’s Extended Fund Facility and has granted permission to modify performance criteria (for issuance of Sovereign Guarantees), a gaze
December 24, 2019: Prime Minister Imran Khan says having achieved economic stability, the government is committed to bringing economic development in the country. This he stated while presiding over a meeting to review progress on
December 24, 2019: Council of Common Interests has unanimously decided to install telemetry system at reservoirs for ensuring a fair distribution of water among the provinces. The meeting of CCI held in Islamabad with Prime
Dec 23, 2019: Ministry of Overseas Pakistanis Secretary and Human Resource Development Aamir Hassan and Japanese Ambassador to Pakistan Kuninori Matsuda Monday signed a Memorandum of Cooperation (MoC), formally enabling Pakistani skilled workforce to enter
Dec 23, 2019: Pakistan is considering offering tax breaks to various industries with export potential as the country looks beyond textiles to boost outbound trade, Abdul Razak Dawood, the prime minister's adviser for commerce and
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