June 12, 2020 (MLN): The total outlay for overall government expenditure during FY21 has been set at 7.23 trillion, out of which the amount for current expenditure is Rs 6.34 trillion, shows detailed
June 12, 2020 (MLN): Minister of Industries and Production, Mr. Hammad Azhar has begun the presentation of budget for Fiscal Year 2020-21 in the federal cabinet session, under the presidency of the Prime
June 12, 2020 (MLN): The size of Public Sector Development Programme (PSDP) for 2020-21 has been set at Rs1.3 trillion, shows PSDP document issued by Ministry of Planning, Development and Special Initiatives. Out
June 12, 2020 (MLN): Minister for Science and Technology, Chaudhry Fawad Chaudhry has announced that Pakistan’s first COVID testing kit has been approved by the Drug Regulatory Authority of Pakistan (DRAP). Taking to his
Jun 12, 2020: European stock markets sank further at the open on Friday, with London hit by news that the UK economy collapsed in April due to the coronavirus lockdown. In initial deals,
Jun 12, 2020: A major developer of wind energy in Pakistan, ACT Wind (Pvt) Limited, has signed a contract with Xinjiang Goldwind Science Technology Co., Ltd. to acquire 50MW suite of wind turbine
June 12, 2020: Equities and oil sank Friday while the dollar rallied as investors ran for the hills following the worst Wall Street rout since March, fuelled by worries about the economic recovery
June 12, 2020: Prime Minister Imran Khan has warned of strict action against the shopkeepers and business community who are not following Standard Operating Procedures in wake of Coronavirus. Expressing his views on
June 11, 2020: World stock markets sustained heavy losses Thursday after the US Federal Reserve warned of a “highly uncertain” economic outlook because of the coronavirus pandemic, and investors worried about a possible
June 11, 2020: Layoffs caused by the coronavrius pandemic reached 44.2 million in the United States even as businesses try to reopen, with analysts warning of continuing damage to the world's largest economy.
June 11, 2020: Oil and Gas Regulatory Authority (OGRA) on Thursday imposed fine amounting to Rs 40 million on six Oil Marketing Companies (OMCs) for not maintaining the required fuel stocks as per
June 11, 2020: Despite the economic slow down across the world due to COVID-19, the workers' remittances in the country grew by 6 percent during first nine months (July-March), 2019-20 as compared to
June 11, 2020: The overall Federal Board of Revenue (FBR) tax collection grew by 10.8 percent during the first ten months of financial year (2019-20) as compared to the corresponding period of last
June 11, 2020: The Economic Survey for 2019-20 reveals seventy three percent decline in current account deficit, bringing it down from 20 billion dollars to three billion dollars. The survey was launched by
June 11, 2020: Federal Budget for the next fiscal year 2020-2021 will be announced tomorrow (Friday). The budget will be presented in the National Assembly tomorrow at four pm. A copy of the
June 24, 2019: Chairman Federal Board of Revenue (FBR) Shabbar Zaidi has said all the prize bonds worth 40,000 rupees would be registered till 2020. Talking to a private news channel, he said the unregistered
June 23, 2019 (MLN): The outgoing week observed a series of different events that reveal the current standing of Pakistan's economy. To begin with, the activities recorded within equity market were not really cheer-worthy, as
Market Data and Economic Indicators Weekly Performance Jun 21, 2019 Jun 14, 2019 PKR InterBank 156.8316 155.8482 KSE100 Index 35,125.25 35,572.95 Avg Daily Volume 124,789,392 136,369,704 Gold (Karachi) Rs/10 gm 66,958 65,072 KIBOR 6M
Jun 22: Pakistan and Qatar Saturday agreed to take steps to enhance the bilateral cooperation in diverse areas including trade, energy, oil and gas exploration, besides tourism and defense. The bilateral ties were discussed during
June 21, 2019 (MLN): The Government of Pakistan has reiterated its commitment to ensure the completion of the action plan in a timely manner by taking all necessary measures. According to a statement issued by
June 21, 2019 (MLN): Thailand Board of Investment (BOI)’s delegation visited KPT Head Office and held meeting with the Chairman KPT Rear Admiral Jamil Akhtar HI (M), T.Bt to explore opportunities for the Thai investments
June 21, 2019 (MLN): In response to the latest round of Rupee devaluation, Honda Atlas Cars (Pakistan) Limited has decided to increase the prices of its cars with effect from June 24, 2019. The new
June 21, 2019 (MLN): The Federal Board of Revenue (FBR) along with the Excise and Taxation Department has dug down information regarding owners of heavy vehicles in order to bring into spotlight those owners who
Jun 21, 2019: The government on Friday launched two web-portals, containing information about the assets of around 53 million people, with an objective to facilitate citizens to know about what of their data was available
June 21, 2019 (MLN): The World Bank approved $171 million on Thursday to support agricultural productivity in Khyber Pakhtunkhwa (KP), by improving irrigation, strengthening small farmers’ skills, and supporting farmers to add value to their
June 21, 2019 (MLN): Pakistan’s import bill has come down by 6% during Jul-May FY19 to $48.45 billion and in the month of May FY19 it has declined by 14% to $4.4 billion compared to
June 21, 2019: Prime Minister Imran Khan has expressed satisfaction about all-weather and time-tested Pak-China friendship saying it is transforming into a robust economic partnership. Talking to a Chinese delegation led by Ms. Zhao Baige
June 21, 2019: Prime Minister Imran Khan says promotion of manufacturing sector and business activities in the country is foremost priority of the government. Talking to the representatives of business community in Islamabad on Thursday,
June 20, 2019: Adviser to Prime Minister on Finance Abdul Hafeez Sheikh Thursday constituted a high powered committee to rectify anomalies in the federal budget for addressing the legitimate grievances of the business community boosting
June 20, 2019 (MLN): While the past few months have been no less than an abyss for Pakistan, an overview of the economic predicament within the international arena provides an unfortunate solace as it implies
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