June 21, 2020 (MLN): Under the Debt Service Suspension Initiative (DSSI) backed by G-20, the World Bank, the IMF and the Paris Club of sovereign lenders, Pakistan would reschedule its $2.41 billion worth
June 21, 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
June 21, 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. The Weekly Sensitive Price Indicator
Market Data and Economic Indicators Weekly Performance Jun 19, 2020 Jun 12, 2020 PKR InterBank 166.6380 164.2461 KSE100 Index 33,438.94 34,611.23 Avg Daily Volume 228,736,914 225,565,479 Gold (Karachi) Rs/10 gm 86,334 84,191
June 21, 2020: The Finance Bill for the FY 2020-21 has incorporated Rs. 100 Billion Privatization proceeds as part of the ‘Non-Tax Revenue Receipts’ for the FY 2020-21. The Privatization Commission is fully
June 20, 2020: The Petroleum Division on Saturday vehemently rejected a news item appearing in a section of print media regarding the case between Pakistan LNG Terminal Limited (PLTL) and Pakistan Gas Port
June 20, 2020: A meeting of the Cabinet Committee on Energy (CCOE) was held here on Saturday under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives (PDSI) Asad Umar. The
June 20, 2020: Global stocks were mixed Friday as markets weighed hopes that business activity would get back to normal against worrisome coronavirus trends in several parts of the United States, while the
June 19, 2020 (MLN): Despite Covid-19 pandemic, multinational firms have continued to poured investment into ongoing projects in different sectors of Pakistan such as Power, Communication, Oil &Gas and Financial Businesses etc. According
June 19, 2020 (MLN): The Asian Development Bank (ADB) and the Government of Pakistan today signed 3 loan agreements, for $235 million, $500 million, and $75 million, respectively. The first loan agreement pertains
June 19, 2020 (MLN): Pakistan witnessed a total foreign investment of $9.4 million in the month of May’20 after observing disinvestment for the past two months consecutively. This increase in foreign investment is
June 19, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 1.02% during the week ended Jun 18, 2020 while the SPI increased by 9.89% compared to the
June 19, 2020: Pakistan Post has received foreign remittance amounting to $30.860 million, equivalent to Rs 4,832.505 million during July-December Fiscal Year 2020. A senior official told APP on Friday that Pakistan Post
June 19, 2020: The cabinet committee on energy approved on Friday the proposals relating to supply of additional power to Karachi Electric (KE) from the national grid and directed that the technical details
June 19, 2020 (MLN): Pakistan welcomed Foreign Direct Investments of $9.4 million during the month of May, 2020, after witnessing divestments for the past two months consecutively. According to the monthly data compiled by
July 3, 2019: The government is preparing a summary for creation of new oil and gas exploration block in potential areas of erstwhile Federally Administered Tribal Areas (FATA) and Balochistan. “The summary will be presented
July 3, 2019 (MLN): While the new fiscal year might have commenced on a better-than-expected note, there still remains a lot of apprehension and curiosity as to what FY20 will have in store for the
July 03, 2019 (MLN): Pakistan's non-government sector has borrowed another net sum of Rs.2.26 billion during the week ended June 21, 2019, which brings the cumulative net borrowing for ongoing year to Rs.935.52 billion. According
July 03, 2019 (MLN): The government of Pakistan has accumulated an additional net debt of Rs.59.11 billion during the week ended June 21, 2019, which brings its total net borrowing for ongoing fiscal year (FY19)
July 3, 2019 (MLN): The meeting of the Economic Coordination Committee (ECC) is scheduled to take place today with the advisor to Prime Minister on Finance, Revenue & Economic Affairs, Mr. Hafeez Shaikh in chair,
July 3, 2019: Today is the last date for declaration of Assets under Assets Declaration Scheme through a Presidential Ordinance. In a clarification statement, Federal Board of Revenue said that it also includes the condition
July 3, 2019: Minister of State for Revenue, Muhammad Hammad Azhar has said the doors of international market would open up after signing of loan agreement with International Monetary Fund. Talking to a news channel,
Jul 2: Minister of State for Revenue, Muhammad Hamad Azhar on Tuesday said the doors of international market would open up after signing of loan agreement with international monetary fund (IMF). Talking to a private
July 02, 2019 (MLN): FBR strongly rebutted the perception that rate of tax has been changed in the Financial Budget-2019 for the token payment and registration of cars. After verification it was noticed that this
July 2, 2019 (MLN): The total money supply circulating within the economy in April 2019 has been recorded at around Rs.20.51 trillion as per provisional accounts on Monetary Aggregates for the month, maintained by the
July 2, 2019: The federal government has released Rs 638.9 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2018-19 till June 30 2019, as against the
July 2, 2019 (MLN): Pakistan's Yearly Inflation rate in June 2019 was 8.89 percent compared to 9.11 percent in May 2018 and 5.21 percent in June 2018. The July-June average inflation is 7.32 percent compared
July 2, 2019: Federal government on Tuesday unveiled Rs309 billion ambitious Agriculture Emergency Programme to boost local production, reduce dependence on imports, improve lives of poor farmers and lead the country towards sustainable development. The
July 2, 2019: The 79th balloting prize bond worth 15,000 rupees will be held at Faisalabad on July 2, i.e. today. According to a spokesman National Savings, the first position holder will get the prize
July 2, 2019: Pakistan will start receiving oil supplies from Saudi Arabia on deferred payments this month. According to a press release issued by Saudi embassy in Islamabad on Monday, Pakistan will start receiving monthly
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