April 29, 2020: Adviser to Prime Minister on Commerce, Textile, Industry and Production Abdul Razak Dawood Wednesday said that government under the leadership of Prime Minister Imran Khan was working on relief packages
April 29, 2020: Adviser to Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh says international financial institutions have started giving incentives to Pakistan in wake of COVID-19. Speaking in a private
Apr 29, 2020: European stocks gained Tuesday amid moves to ease coronavirus lockdown measures, although a Wall Street rally petered out following mixed earnings reports and weak consumer data. France became the latest
April 29, 2020 (MLN): The non-government sector has retired a net sum of Rs.11.17 billion during the week ended April 17, 2020, which brings the cumulative net borrowing for ongoing fiscal year FY2020
April 29, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.72.38 billion during the week ended April 17, 2020, which brings its total net borrowing for ongoing fiscal year
April 29, 2020: Asian markets rose again Wednesday, buoyed by a further easing of coronavirus lockdown measures, though the advances remain capped by concern that the reopening could spark a second wave of
April 29, 2020: US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity amid virus-triggered storage concerns.
April 28, 2020: The Government of Pakistan and the Asian Development Bank signed a concessional loan agreement amounting to USD $ 15 million. This concessional loan is a Project Readiness Financing Facility for
April 28, 2020: The government has released funds amounting to Rs298.183 million during the first 10 months of the current fiscal year to execute six petroleum projects under the Public Sector Development Programme
Apr 28, 2020: Eurozone firms' demand for credit “surged” as the coronavirus pandemic hit, the European Central Bank said Tuesday, while the outbreak is expected to dampen mortgage demand to historic lows. “Demand
April 28, 2020 (MLN): Advisor to the Prime Minister for Commerce, Textile, Industry, Abdul Razzak Dawood has said that exports to the middle east region have risen due to initiatives taken by the
April 28, 2020: The remittances from overseas Pakistanis are expected to reach $20-$21 billion during the current fiscal year (2019-20), the Finance Ministry said on Tuesday. According to a statement issued here Tuesday,
April 28, 2020: A leading Chinese company, currently exporting agriculture machinery to Pakistan, has a plan to build a factory to manufacture machines and equipment to meet the growing demand of the local
April 28, 2020: The urgent health crisis that is COVID-19 has created a historic recession with record levels of deprivation and unemployment, creating an unprecedented human crisis that is hitting the poorest hardest,
April 28, 2020: Equity markets rallied Tuesday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply glut overwhelmed output cut. US markets followed
ISLAMABAD, Apr 18: With the appointment of Dr Abdul Hafeez Sheikh as Advisor on Finance and Senator Azam Swati as Minister for Parliamentary Affairs, besides re-allocation of some ministers’ portfolios, the government on Thursday announced
April 18, 2019 (MLN): Current account deficit (CAD) in first nine months (July to March) FY19 has fallen by 29% to $9.588 billion compared to $13.589 billion in same period last year. According to data
April 18, 2019 (MLN): According to the data released by Pakistan Bureau of Statistics (PBS), the imports in March, 2019 stood at $4,155 million (provisional) as compared to $4,180 million (provisional) in February 2019, showing
April 18, 2019: The Planning Commission has released Rs 525 billion (78%) of the allocated PSDP during the current fiscal year 2018-19. Out of the total allocated amount of Rs. 675 billion in the PSDP
April 18, 2019: A meeting of Cabinet Committee on Energy (CCOE) was held today with Finance Minister, Asad Umar, in the chair. The Committee decided that there would be no load shedding during Sehri and
April 18, 2019 (MLN): Despite currency devaluation, Pakistan's exports to rest of the world have failed to catch up pace. According to the provisional figures compiled by the Pakistan Bureau of Statistics (PBS), exports from
April 18, 2019 (MLN): According to the latest data released by State Bank of Pakistan, Foreign Direct investment (FDI) plunged by 51.4% to $1.273 billion during July to March FY19 period. Outflow from capital market
April 18, 2019: Advisor to Prime Minister for Commerce, Textile, Industry, Production and Investment, Abdul Razzak Dawood on Thursday discussed the measures for revival of Pakistan Steel Mills (PSM) with the Members of PSM Board.
April 18, 2019 (MLN): Finance Minister Asad Umar has stepped down from his position at the Ministry of Finance after Prime Minister Imran Khan carried out a cabinet reshuffle and offered him the Ministry of
April 18, 2019: The Overseas Investors Chamber of Commerce and Industry (OICCI), today announced the date of the Investment Conference themed ‘Pakistan Rising’, which will be held on Friday June 21, 2019 in London. This Conference, which will be chaired by
April 18, 2019 (MLN): Ambassador of Romania to Pakistan, Nicolae Goia, called on Zulfikar Bukhari, Special Assistant to Prime Minister on Overseas Pakistanis & Human Resource Development yesterday, to discuss issues of mutual interests. Both
April 18, 2019: Prime Minister Imran Khan on Wednesday chaired a meeting on digitalization of the government processes and how the latest IT solutions such as blockchain could help ensuring efficiency, transparency, eliminating red-tapism and
KARACHI, Apr 17: The cement exporters have urged the Ministry of Commerce to approach South African authorities to waive anti-dumping duty on Pakistani cement as this has reduced the cement export volume over last couple
April 17, 2019: Prime Minister Imran Khan, at the invitation of President Xi Jinping, will pay a four-day visit to China from April 25 to 28, to attend the 2nd Belt and Road Forum in
April 17, 2019: The meeting of the Economic Coordination Committee (ECC) of the Cabinet was held today with Finance Minister, Asad Umar, in the chair. The Committee reviewed proposals of various Ministries/Divisions. The Committee also
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