September 9, 2020 (MLN): The Federal Government has so far authorized release of Rs112.04 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2020-21 as
September 9, 2020 (MLN): Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh says the government is determined to provide a conducive environment to investors in the country. Speaking at Pakistan Stock
September 6, 2020 (MLN): The financial snapshot of the country in full detail is highlighted with the economic and financial data releases over the course of the week. Pakistan's Yearly Inflation Rate (New
September 6, 2020 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in
Market Data and Economic Indicators Weekly Performance Sep 04, 2020 Aug 28, 2020 PKR InterBank 165.7685 166.50 KSE100 Index 42,023.00 41,056.22 Avg Daily Volume 745,126,192 439,577,456 Gold (Karachi) Rs/10 gm 99,366 100,051
September 05, 2020: The 35th session of the Regional Conference for Asia and the Pacific (APRC 35), organized by Food and Agriculture Organization (FAO) of United Nations concluded successfully at Bhutan. The conference
September 05, 2020: Prime Minister Imran Khan Saturday announced a historic Rs1,100 billion package under the Karachi Transformation Plan to resolve the lingering and chronic issues of the port city, including provision of
September 04, 2020: The US economy added 1.4 million jobs in August and the unemployment rate fell to 8.4 percent as the country emerged from pandemic lockdowns, but the data shows the recovery
September 04, 2020: Patients involved in early tests of a Russian coronavirus vaccine developed antibodies with “no serious adverse events”, according to research published in The Lancet Friday, but experts said the trials
September 04, 2020: Tech shares tumbled again Friday morning as Wall Street stocks appeared headed for a second straight rout despite improving US labor data. Shortly after 1500 GMT, the tech-rich Nasdaq Composite
September 04, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.80% during the week ended Sep 03, 2020 while the SPI increased by 9.47% compared to the
September 4, 2020: Cement despatches in August 2020 have increased by 5.04 percent from 3.351 million tons in August 2019 to 3.520 million tons. However, it was much less than the despatches of
September 04, 2020 (MLN): Pakistan's trade deficit for 2 months (July-August) FY21 was USD 3.38 billion compared to a deficit of USD 3.69 billion from the corresponding period from FY20. According to data
Sep 04, 2020: Pakistan has big opportunity to grab the the Chinese investment in renewable energy sector after the Chinese decision of expanding investment in the sector. “China as a global leader in
September 4, 2020: Pakistan’s new long-term power capacity plan fails to live up to the government’s stated principles of sustainability and affordability, reveals a study launched here on Thursday. Power demand growth forecasts
October 14, 2019: A Pakistani delegation, headed by Economic Affairs Minister Hammad Azhar, is in France to attend a crucial two-day session of Financial Action Task Force, beginning in Paris on Monday. According to sources,
October 13, 2019: Adviser on Finance Abdul Hafeez Sheikh has said the difficult decisions taken by the government have started bearing positive results on the economic front. Addressing a news conference along with FBR Chairman
October 13, 2019: Delegations of international financial institutions including the IMF, World Bank and the Asian Development Bank will pay visits to Pakistan in October and November as per the schedule. In a statement on
October 13, 2019: Central Directorate of National Savings (CDNS) Tuesday said that the investors of Rs 40,000 prize bonds have withdrawn Rs 204 billion by October 05, out of overall reserve of Rs 259 billion
October 13, 2019 (MLN): The departed week witnessed a series of ups and downs that have a direct impact on the economic operations of Pakistan. To begin with, on Friday, Pakistan and Asian Development Bank
October 13, 2019 (MLN): The country's current financial and economical snapshot was brought into clearer picture with the following data releases over the course of last week: The Weekly Sensitive Price Indicator (SPI) for the
Market Data and Economic Indicators Weekly Performance Oct 11, 2019 Oct 04, 2019 PKR InterBank 156.0652 156.5341 KSE100 Index 34,475.69 33,033.32 Avg Daily Volume 284,304,364 222,809,680 Gold (Karachi) Rs/10 gm 74,228 75,231 KIBOR 6M
Oct 12: Owing to the tough economic reforms introduced by the government, twin deficits including current account and fiscal deficit have significantly reduced, imports increased whereas exports decreased during first quarter of financial year 2019-20.
Oct 12, 2019: Chairman and Chief Executive Officer (CEO) of MoneyGram Alex Holmes and BankAlfalah CEO Bilal Asghar Saturday signed a contract in London to launch a new bank deposit service, allowing customers to send
October 11, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.25.62 billion during the week ended October 04, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to Rs.64.42
October 11, 2019 (MLN): The government of Pakistan has retired Rs.76.77 billion during the week ended October 04, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.182.67 billion. As of
October 11, 2019: Pakistan and Asian Development Bank (ADB) Friday signed a $200 million loan agreement for additional financing to help support the government”s flagship social protection program, the Benazir Income Support Program (BISP). The
October 11, 2019 (MLN): A delegation of National Security Workshop, under the aegis of National Defence University (NDU) Islamabad headed by Major General Asif Ali, visited WAPDA House Friday. The delegation comprised of Senators, Members
Oct 11, 2019 (MLN): Pakistan's trade deficit for 3 months (July-September) FY20 was USD 5.73 billion compared to a deficit of USD 8.79 billion from the corresponding period from FY19. According to data released by
October 11, 2019: The exports of spices from the country witnessed an increase of 9.53 percent during the first two month of current financial year 2019-20, against the exports of the corresponding period of last
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