September 01, 2020 (MLN): Government’s total debt and liabilities increased to Rs 44.563 trillion in FY20, showing an increase of Rs 4.34 trillion or 11% YoY when compared to FY19.This has increased the
September 1, 2020: Moody's Investors Service says in a new report that debt burdens of the 19 large emerging market sovereigns (EM19) will remain higher than pre-pandemic levels over the next few years,
September 01, 2020: Asian markets fluctuated Tuesday following another healthy month for global equities, fuelled by expectations of cheap borrowing for years to come, while traders were turning their attention to the release
August 31, 2020: The Oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of September. According to the notification, the authority has
August 31, 2020: National Electric Power Regulatory Authority (NEPRA) has imposed a fine of Rs 200 million on K-Electric for excessive load-shedding in Karachi. “The NEPRA Authority has imposed a fine of PKR.
August 31, 2020: Federal Board of Revenue (FBR) has released the revenue collection information of first two months of current financial year i.e. July & August-2020. According to the released information, against the
August 31, 2020: The government on Monday decided to maintain the prices of various petroleum products at the existing level for the month of September. “The Government has decided to maintain the petroleum
Aug 31, 2020: President Dr Arif Alvi on Monday said Pakistan was keen to strengthen ties with Azerbaijan in the fields of tourism, trade, defence and energy. Talking to Bilal Hayee, the newly
August 31, 2020 (MLN): The headline inflation for the month of August 2020 is expected to settle around 8.15%- 8.76% with an average estimate of 8.4% YoY compared to 9.30%YoY in the last
Aug 31, 2020: Asian Development Bank (ADB) President Masatsugu Asakawa said the Sustainable Development Goals (SDGs) and related targets in the Paris agreement on climate change provide strong frameworks for the recovery from
Aug 31, 2020: National Electric Power Regulatory Authority will hold public hearing on a petition filed by Central Power Purchase Agency Guarantee Limited (CPPA-G) here on Tuesday. According to the petition, the CPPA-G
August 31, 2020 (MLN): The federal government has released around 105 billion rupees for different projects under its Public Sector Development Programme during the current financial year. According to data released by the
August 31, 2020: Asian markets fell Monday as investors struggled to maintain their early momentum following another record lead from Wall Street. Profit-taking kicked in after last week's Federal Reserve-induced surge. The US
Aug 31, 2020: Petroleum Division and its attached departments have so far contributed around Rs186 million to the prime minister's relief fund to mitigate financial sufferings of the coronavirus (COVID-19) affected people and
August 31, 2020: Factory activity in China slipped slightly in August, according to official data published Monday, as the country grappled with the fallout from widespread floods. The closely watched Purchasing Managers' Index
October 07, 2019: Federal Minister for Economic Affairs Hammad Azhar says economy has achieved stabilization and now it will move to the phase of growth. Addressing a news conference in Lahore on Sunday, he said
October 07, 2019: Japan is negotiating with Pakistan to sign a Memorandum of Understanding for import of thousands of skilled labour. This was stated by Minister and Deputy Head of Mission at Embassy of Japan
October 7, 2019 (MLN): The Asian Development Bank (ADB) has approved a $200 million loan for Pakistan. This additional loan has been granted for social protection program, the Benazir Income Support Program (BISP). The BISP,
Market Data and Economic Indicators Weekly Performance Oct 04, 2019 Sep 27, 2019 PKR InterBank 156.5341 156.1749 KSE100 Index 33,033.32 32,070.81 Avg Daily Volume 222,809,680 107,965,540 Gold (Karachi) Rs/10 gm 75,231 74,931 KIBOR 6M
October 06, 2019: Capital Development Authority (CDA) -DWP in its meeting has approved the PC-Is amounting to Rs.18 billion for development of residential sectors. Tenders in some cases were already in process and for the
October 06, 2019 (MLN): The departed week witnessed series of several important developments that have a direct impact on the economic operations of Pakistan. These developments include: On Friday, Prime Minister Imran Khan while chairing
October 6, 2019 (MLN): The country’s financial profile was brought into clearer picture with the following data releases over the course of the week: The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased
Oct 04, 2019: Federal Board of Revenue (FBR) has issued the Sales Tax General Order No. 106/2019 which states that keeping in view the problems reported by the registered persons in ensuring proper identity of
October 4, 2019 (MLN): Finance Division has described as “incorrect” the impression created in a section of the media that the Pakistan economy is shrinking. In a statement, the Finance Division has asserted that the
October 04, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.59.28 billion during the week ended September 27, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to Rs.90.04
October 04, 2019 (MLN): The government of Pakistan has acquired an additional debt of Rs.157.17 billion during the week ended September 27, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to
October 04, 2019 (MLN): Pakistan Bureau of Statistics (PBS) released the annual national headline inflation numbers for Sept’19. Based on new consumer basket, the CPI surged to 11.37% in Sept from 10.49% in August, whereas,
October 04, 2019: (MLN): The Cotton Crop Assessment Committee (CCAC) has revised down cotton production target for the running season by almost 24% to touch 10.02 million bales against the initial target of 13.34 million
October 04, 2019: The exports of base metals and articles from the country grew by 35.62 percent during the first two months of current financial year (2019-20) as compared to the corresponding months of last
October 4, 2019 (MLN): Chairman of Federal Board of Revenue (FBR), Shabbar Zaidi has demanded all industrial and commercial consumers to register themselves for tax purposes. Taking it to twitter on Friday, the Chairman said
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