Jun 11, 2020: The government on Thursday said there was a gap of over 2 Billion Cubic Feet per day gas between production and demand of the commodity to meet requirements of more
Jun 11, 2020: The performance of auto industry remained sluggish during the current financial year, except buses where it witnessed growth of 17 percent during July-March 2019-20. According the Economic Survey 2019-20 launched
Jun 11, 2020: Pakistan Atomic Energy Commission (PAEC) has intensified its activities to meet the nuclear electricity generation target of 8,800 MW by the year 2030 set through government's Energy Security Plan formulated
Jun 11, 2020: Textile exports of the country maintained about 59 percent, according to Pakistan Economic Survey (PES) 2019-20. Textile is the most important manufacturing sector of Pakistan and has the longest production
Jun 11, 2020: The outbreak of deadly Corona virus, which had badly affected the global economies also negatively impacted the national economy and performance of all major sectors remained dismal during the outgoing
June 11, 2020 (MLN): In the midst of a global pandemic, Pakistan government is going to announce the budget for FY21 on June 12, 2020. The FY20-21 budget which covers the period between
June 11, 2020: European stock markets dived more than two percent in opening deals on Thursday after the US Federal Reserve warned over the “highly uncertain” economic outlook due to the coronavirus pandemic.
June 11, 2020: Minister for Information and Broadcasting Shibli Faraz says stern action would be taken against those found responsible for creating an artificial shortage of petrol in the country, after an inquiry.
June 11, 2020: Prime Minister Imran Khan says the government is prioritizing sectors that promise job opportunities to the youth, agriculture sector, and up-gradation of the public health system in the country. Chairing
June 11, 2020: Equities fell Thursday after the head of the Federal Reserve gave investors a dose of reality on the outlook for the US economy, while the dollar faced fresh pressure on
June 10, 2020: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved technical supplementary grants of billions of rupees for various ministries and division. The committee, the meeting of which was chaired
June 10, 2020: The US Federal Reserve has voted to keep its benchmark rate near zero in its meeting on Wednesday. In addition the Fed said it will continue to buy bonds including
June 10, 2020: Governor State Bank of Pakistan (SBP) Reza Baqir has informed that so far a total of 1320 companies have availed SBP’s refinance scheme and a sum of Rs96 billion has
Jun 10, 2020: The State Bank of Pakistan has gradually reduced the policy interest rate from 13.25 per cent to 8 per cent, which is commendable as it would provide cheap loans to
Jun 10, 2020: The Asian Development Bank (ADB) has approved a $500 million loan to help the government of Pakistan deliver social protection programs to the poor and vulnerable, expand health sector capabilities,
June 20, 2019 (MLN): Federal Board of Revenue (FBR) has given extension in regularization of Rs 40,000 prize bonds. Following ECC decisions, a number of steps have been taken with regards to bonds as per
June 20, 2019: Chairman of the Standing Committee of the National Assembly on Finance, Revenue and Economic Affairs, Asad Umer on Thursday asked the government to review taxes imposed on edibles like sugar, cooking oil
June 20, 2019 (MLN): There is no doubt that Pakistan is facing an unprecedented economic crisis at the moment, and is in dire need of effective policies and measures to be able to come out
June 20, 2019 (MLN): In order to pay off the arrears in the power sector, the federal government has decided to issue Pakistan Energy Sukuk worth Rs 200 billion. According to the sources, the bonds
June 20, 2019: Advisor to Prime Minister on Finance Abdul Hafeez Sheikh visited Federation of Pakistan Chambers of Commerce and Industry to work out strategy to remove anomalies in the budget. The Founder President Pak-US
June 20, 2019: Federal Board of Revenue Chairman Syed Shabbar Zaidi has said that the government will not extend the deadline of amnesty scheme. Talking to a private news
Jun 19: The government wanted to remove the trust deficit between taxpayer and tax department for enhancing the confidence building measure to increase revenue. The Assets Declaration Scheme 2019 will expire on June 30, 2019
June 19, 2019 (MLN): Pakistan’s current account deficit (CAD) has narrowed considerably by 29% to $12.67 billion in the first 11 month of the current fiscal year, i.e. July-May (2019), The improvement was clearly a
June 19, 2019 (MLN): Pakistan's outstanding debts as of May 31, 2019 stand at Rs.19.45 trillion whereas total debt at the end of prior month was Rs.18.94 trillion, meaning that around Rs.511.12 billion were additionally
June 19, 2019: The meeting of the Economic Coordination Committee (ECC) of the Cabinet was held on Wednesday, with Adviser to Prime Minister on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Shaikh in chair.
June 19, 2019: The government has so far released an amount of Rs 406.930 million for various projects of the Industries and Production Division under the Public Sector Development Programme PSDP 2018-19 against the total
June 19, 2019: The government has so far released Rs 797.7 million for various ongoing and new projects of Revenue Division under the Public Sector Development Programme (PSDP) for the current fiscal year (2018-19). The
Jun 19, 2019: The Khyber Pakthunkhwa Government has announced a mega development package for Peshawar under which Rs6.5 billion would be spent on different uplift projects during fiscal year 2019-20 in the province. The Government
June 19, 2019: Foreign Minister Shah Mahmood Qureshi says Pakistan wants to send more Pakistani manpower to Qatar, attracting investment into the country and increase exports to the oil-rich country. Talking to a private news
June 19, 2019: Economic Coordination Committee meets in Islamabad today with Adviser on Finance Dr. Abdul Hafeez Shaikh in the chair. It will discuss overall economic situation of the country. Matters pertaining to supplementary grants
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