September 15, 2020 (MLN): The LSMI output increased by 5.02% during July 2020 as compared to July 2019, and 9.54% if compared to June 2020. Month-wise trend of QIM from July, 2018 to
September 15, 2020: Pakistan is projected to experience a broad economic recovery in fiscal year 2021 (which ends 30 June 2021) as the economic sentiment improves with the expected subsiding of the coronavirus
September 15, 2020: Prime Minister Imran Khan says reforming the tax system to make it fair and transparent is the top priority of the government. He was chairing a high-level meeting on tax
Sep 15, 2020: Coronavirus-ravaged economies across the Asia Pacific will make a “swoosh-shaped” recovery next year, the Asian Development Bank forecast Tuesday, but it warned that further restrictions to combat the contagion could
September 15, 2020 (MLN): A meeting of the Federal Cabinet will be held on Tuesday i.e. today, to discuss various agendas, some of which are listed below. The Constitution (Amendment) Bill 2020 Ratification
September 15, 2020: Equities mostly rose in Asia on Tuesday but fluctuated, with support coming from a Wall Street rally fuelled by merger activity and hopes for a coronavirus vaccine. After their first
By Asad Rizvi September 15, 2020 (MLN): Remittances for the month of August hitting $ 2.095 billion is a very encouraging sign. This is a good number, clearly hinting that the uptrend remains
September 14, 2020 (MLN): The non-government sector has retired another net sum of Rs.5.82 billion during the week ended September 04, 2020, which brings the cumulative net retirment for ongoing fiscal year FY2021
September 14, 2020 (MLN): The government of Pakistan has accumulated Rs.39.7 billion during the week ended September 04, 2020, which brings its total net retirement for ongoing fiscal year FY2021 to Rs.120.36 billion.
Sep 14, 2020: President Dr Arif Alvi on Monday said Islamic banking and finance offered a broad-based platform to end economic exploitation and stressed its implementation to uplift underprivileged segments of society. Addressing
Sep 14, 2020: The advisor to Prime Minister for Commerce and Investment, Abdul Razak Dawood on Monday said the government has revised duty drawback rates from 4.39% to 1.7% for electric fans after
September 14, 2020: The investment portfolio of Employees’ Old-Age Benefits Institution (EOBI) has witnessed an increase of over nine per cent in last three years, surpassing Rs 362 billion mark in fiscal year
September 14, 2020 (MLN): The highlight of the Islamic Banking Bulletin issued by State Bank of Pakistan (SBP) was the outstanding growth of Islamic Banking Industry (IBI) as its market share upswings to
September 14, 2020: Moody's Investors Service says in a new report that while global financing conditions have eased markedly in recent months, many emerging and frontier market economies will commence their recoveries with
September 14, 2020 (MLN): The sale of Conventional Naya Pak Certificates (NPCs) has started today through agent banks, the Finance Ministry of Pakistan announced on Monday via Twitter. ‘Roshan Digital Account holders of
Oct 22, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 2.36% during the week ended Oct 17, 2019 while the SPI increased by 17.08% compared to the corresponding period
October 22, 2019: The Central Power Purchase Agency Guarantee Limited (CPPA-G) has sought Rs 2.97 per unit increase in power tariff for the month of September under monthly fuel adjustment formula. In a petition filed
October 22, 2019 (MLN): The overall imports of Petroleum group during 1QFY20 witnessed 16.5% decline as compared to the corresponding period of the last year. During the period under review, the total imports of petroleum
October 22, 2019 (MLN): Government’s efforts to document economy proving fruitful as the Central Directorate of National Savings (CDNS) Tuesday said that prize bonds worth Rs. 40,000 prize had witnessed immense conversion or selling in
October 22, 2019 (MLN): Highlighting the macroeconomic imbalances in the past, Governor State Bank of Pakistan Reza Baqir, while speaking on Pakistan's economy at an international forum has said that the primary cause of Pakistan
October 22, 2019 (MLN): Pakistan took a much-needed breather when the decision-making body of FATF, in its plenary meeting held from Wednesday to Friday, decided to maintain its status under the grey list, rather than
October 22, 2019: Ministry of Finance says the government's macroeconomic adjustment and demand management policies for stabilization have started making an impact as visible in the moderate growth of 3.3% in the fiscal year 2019.
October 21, 2019: Prime Minister Imran Khan says the government will facilitate joint collaboration between Pakistani and Chinese businesses in various sectors. Addressing inaugural ceremony of China Hub Power Generation Plant in Balochistan on Monday,
October 21, 2019 (MLN): Pakistan’s services exports dropped by 3% YoY during Jul- Sept 2019 to $1.2 billion as against $1.26 billion in the same period last year, according to latest data released by State
October 21, 2019 (MLN): Pakistan’s services exports dropped by 7.15% YoY during Jul- Aug 2019 to $809 million as against $871 million in the same period last year, according to latest data released by Pakistan
October 21, 2019: The International Monetary Fund (IMF) and the World Bank (WB) have assured of their continued support to Pakistan’s development efforts and economic reform process undertaken by the government. Adviser to the Prime
October 21, 2019: Ambassador of Japan in Pakistan Kuninori Matsuda has said his country would sign a Memorandum of Understanding with the Pakistani government to hire more skilled workers. He was addressing a reception hosted
October 21, 2019: Australia wants to enhance cooperation with Pakistan in mining technology, education, dairy, livestock, and other sectors. This was stated by Australian Trade Commissioner Mark Morley during a meeting with the business community
October 20, 2019 (MLN): Director of the International Monetary Fund (IMF) Middle East and Central Asia Department Jihad Azour has said that the Reform agenda currently in place in Pakistan supported by IMF is the
October 20, 2019 (MLN): Among various economic and policy-oriented developments that took place during the departed week, the event which took most of the attention was the meeting of Financial Action Task Force (FATF) in
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