May 6, 2020 (MLN): The non-government sector has retired a net sum of Rs.29.32 billion during the week ended April 24, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020
May 6, 2020 (MLN): The government of Pakistan has retired Rs.121.08 billion during the week ended April 24, 2020, which brings its total net borrowing for ongoing fiscal year 2020 to Rs.911.71 billion.
May 6, 2020 (MLN): Pakistan’s fiscal deficit during the nine months of the current fiscal year reached Rs. 1,686 billion, which signifies an increase of 3.8%. During nine months of the previous fiscal
May 06, 2020: European stock markets steadied at the start of trading on Wednesday after rallying the previous session, as easing lockdown measures offset extremely weak business data caused by the coronavirus fallout.
May 6, 2020: Ministry of Finance and State Bank of Pakistan have introduced risk-sharing mechanism to support bank lending to SMEs and small businesses to avail SBP’s Refinance Facility to Support Employment. ‘Taking
May 06, 2020 (MLN): Pakistan Business Council (PBC) alarmed a sharp 34% rise in tax revenues projected by IMF for FY21 will throttle an economy that was barely stabilizing prior to the onset
May 6, 2020: The National Command and Operation Center (NCOC) has proposed multiple recommendations to ease lockdown restrictions in the country which were imposed to curb spread of the coronavirus. The recommendations were
May 6, 2020: Prime Minister's Advisor on Abdul Razak Dawood says the government is aggressively working on changes in tariff structure for the upcoming budget to facilitate local production in pursuit of 'Make
May 06, 2020: Most equities rose again on Wednesday as investors grew increasingly, but cautiously, hopeful that the worst of the coronavirus had passed and as countries begin to slowly open up from
May 06, 2020: Oil prices on Wednesday built on the previous day's surge, boosted by signs of easing in the coronavirus that is allowing some countries to begin opening their economies. International benchmark
May 05, 2020 (MLN): Pakistan's trade deficit for 10 months (July-April) FY20 was USD 19.50 billion compared to a deficit of USD 26.23 billion from the corresponding period from FY19. According to data
May 05, 2020: The Federal government has so far authorized to release Rs 7595.950 million for various ongoing and new projects of Finance Division under its Public Sector Development Programme (PSDP) 2019-20, as
May 05, 2020: Europe's major equity indices rebounded at the open on Tuesday, as more nations moved closer towards easing coronavirus lockdowns. London's benchmark FTSE 100 index of leading blue-chip companies advanced 1.6
May 5, 2020: A meeting of the Cabinet Committee on Energy was held in Islamabad today with Minister for Planning, Development and Special Initiatives Asad Umar in the chair. The meeting was apprised
May 05, 2020: Equities and crude rallied Tuesday as investors cheered a further easing of lockdowns in some countries, which offset a brewing row between the US and China that some fear could
May 3, 2019: Minister for National Food Security Sahibzada Mehboob Sultan has said that government is making all efforts for enhancing exports of agriculture commodities. Addressing an event of US-Pakistan Partnership for Agriculture Market Development
May 2, 2019: Islamic Development Bank (IsDB) President Dr. Bandar M. H. Hajjar on Thursday said the bank would extend all possible cooperation for economic development of Pakistan. He was talking to Advisor to the
May 2, 2019: Advisor to the Prime Minister on commerce, textile, industries, production and investment Abdul Razak Dawood on Thursday assured more relief for farmers and business community in the upcoming budget 2019-20. He said
May 2, 2019: Pakistan's Yearly Inflation rate in April 2019 was 8.82 Percent compared to 9.41 percent in March 2019 and 3.68 percent in April 2018. The July-April average inflation is 6.99 percent compared to
May 2, 2019: National Assembly resumed its session at the Parliament House in Islamabad on Thursday with Speaker Asad Qaiser in the chair. The National Assembly was informed today that the present government has approved
May 2, 2019 (MLN): A meeting of Economic Coordination Committee (ECC) of the Cabinet, which was to be held today, will now take place on Friday i.e. May 3, 2019. The Advisor to the Prime
By Asif Ali Qureshi, CFA May 2, 2019 (MLN): As a financial analyst by profession who has been associated with Pakistan’s financial sector for the past 23 years and engaged in the study and analysis
May 2, 2019: Work on the construction of Mohmand Dam is being launched today. Prime Minister Imran Khan and former Chief Justice of Pakistan, Saqib Nisar are expected to perform groundbreaking ceremony of the dam
ISLAMABAD, Apr 30: The Federal Cabinet on Tuesday decided to observe the office timings during holy month of Ramazan from 10 am to 4 pm to ensure maximum relief to the faithfuls, observing fast without
April 30, 2019: Central Directorate of National Savings (CDNS) has achieved a net target of Rs. 336 billion by April 20, during the fiscal year 2018-19 as compared to last year’s collection of Rs. 115
April 30, 2019 (MLN): As we turn the corner to step into May 2019, a timely look back at the outgoing month’s inflation figure is in order, so as to evaluate the economy’s current position
April 30, 2019 (MLN): Prime Minister Imran Khan will perform ground-breaking of Mohmand Dam on Thursday, Chairperson Senate Standing Committee on Information Faisal Javed informed via twitter on Tuesday. He further went on to thank
April 30, 2019: Petroleum Minister Omar Ayub says the government will fully facilitate foreign investors in the country. Talking to a delegation of ExxonMobil in Islamabad on Tuesday, he said many employment opportunities will be
April 30, 2019: Tractor assembling in the country during first 8 months of current financial year registered negative trend as local production of tractors reduced by 30.45 percent as compared the corresponding period of last
April 30, 2019: The footwear exports from the country witnessed an increase of 11.42 percent during the first three quarters of the current fiscal year compared to the corresponding period of last year. Pakistan exported
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