May 12, 2020 (MLN): The federal government on Tuesday constituted the 10th National Finance Commission (NFC) with effect from April 23, 2020, to ensure the just distribution of resources of the federal divisible
May 12, 2020 (MLN): Pakistan’s total external debt and liabilities by the end of 1QCY20 stood at $109.94 billion, signifying a growth of 4% YoY, as during Jan-Mar CY19 it was $105.9 billion.
May 12, 2020: Advisor to Prime Minister Imran Khan on Finance and Revenue Dr. Abdul Hafeez Shaikh Tuesday expressed the hope that the Ministry of Maritime Affairs would be able to fulfill all
May 12, 2020 (MLN): Federal Minister Mohammedmian Soomro chaired a meeting attended by Secretary PC and other concerned officers to review progress on the privatization program with special focus on some of the
May 12, 2020 (MLN): Pakistan and the International Monetary Fund (IMF) are trying their very best to ensure that the outcome of the second review of the $6 billion loan program turns out
May 12, 2020 (MLN): The total debt of Central Government during the month of March 2020 stood at Rs. 34.135 trillion, i.e. 2% higher than the figures reported last month. whereas, on a yearly
May 12, 2020: European stock markets fell at the start of trading on Tuesday following losses in Asia triggered by fears of a possible second wave of the coronavirus. London's benchmark FTSE
May 12, 2020 (MLN): The MSCI Semi-Annual Index Review is all set to determine Pakistan’s status as an emerging market on May 12, 2020, the chances of which are barely in the
May 12, 2020: For the companies that drill the highest-producing deposit of oil and natural gas in the world, straddling the border between Texas and New Mexico, the crash in oil prices has
May 12, 2020: Prime Minister Imran Khan says construction of dams and ensuring water security will help meet energy and agriculture requirements of the country at an affordable rate. He was chairing a
May 12, 2020: Fears of a second wave of coronavirus infections in some parts of the world weighed on equities Tuesday, bringing a dose of hard reality to markets after weeks of rallies
May 12, 2020: Oil rebounded in Asian trade Tuesday, buoyed by Saudi Arabia's decision to cut output more than it had pledged as the virus-hit world economy cautiously emerges from lockdown. US benchmark
May 11, 2020 (MLN): The exodus of foreign investors from Pakistan’s debt market is continuing with net sales of the government’s denominated securities particularly T-bills during the month of April 2020 recorded at $601
May 11, 2020: The Pakistan Pharmaceutical Manufacturers’ Association (PPMA) has warned the federal government that any decision to discontinue import of raw material of medicines from India will weaken the country’s ability to
May 11, 2020: The business optimism in Pakistan was on the decline during Q1 2020 compared with Q4 2019 even before the government had executed the lockdown restrictions to shutter the economy in
May 09, 2019: The 101st meeting of the National Accounts Committee to review the Gross Domestic Product (GDP) was held on May 9th 2019 which is chaired by the Secretary, Ministry of Planning, Development &
ISLAMABAD, May 9: The Oil and Gas Regulatory Authority (OGRA) has notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the SNGPL and SSGC for the current month. According to the notification, there is
May 09, 2019 (MLN): The Government of Pakistan issued a notification informing about the appointment of Mr. Syed Muhammad Shabbar Zaidi as Chairman Federal Board of Revenue (FBR) on honorary basis / pro bono for
ISLAMABAD, May 09: According to Karachi Sarafa Association the per tola price of 24 karat gold soared by Rs 900 on Thursday and was traded at Rs 68, 000 as compared to the last closing
May 9, 2019: Climatic changes posed serious challenge leading to 30 per cent reduction in mango production this year. In light of recommendations proposed in the Horticulture Vision -2030 tough challenges can be dealt with
May 9, 2019: The Indus River System Authority (IRSA) Thursday released 205,600 cusecs water from various rim stations with inflow of 145,400 cusecs. According to the data released by IRSA, water level in the Indus
May 9, 2019: Minister of State for Finance and Revenue Hammad Azhar on Thursday informed the Senate that the amount if foreign loans against Pakistan stood at $ 88,199 million adding that $ 9.2 billion
May 9, 2019 (MLN): With passage of time, another Morgan Stanley Capital International (MSCI) Review dawns upon us and the consequential buzz regarding Pakistan’s latent downgrade from the Emerging Market (EM) Index to the Frontier
May 08, 2019 (MLN): The government has, according to sources, accepted one of the demands made by the IMF to remove subsidies on gas and electricity. The government has decided to do away with subsidies
May 8, 2019 (MLN): To promote ease of doing business, the Audit Oversight Board (AOB) is introducing an online audit firm registration system, reported the Securities and Exchange Commission of Pakistan (SECP) in a press
May 8, 2019: Pakistan’s exports of goods and services to India grew by one percent during the first eight months of the current fiscal year compared to the corresponding period of last year, State Bank
May 8, 2019: The government has so far released Rs 722.7 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
May 8, 2019: The country's exports to Western European countries have increased by 1.32% to $2.56 billion in first three quarters (July-March) of the year 2018-19 against the exports of $2.52 billion during same period
May 8, 2019: Islamabad Chamber of Commerce and Industry (ICCI) Wednesday called upon the government to take strong measures for reducing tax gap in order to realize the actual tax potential of Pakistan and improve
May 8, 2019: Minister for Power Omar Ayub Khan on Tuesday said that government has set the target to get rid of power circular debt by December next year. The Minister said that Ministry's drive
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