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
Apr 28, 2020: Asian stocks were mixed Tuesday as government moves to ease lockdown measures around the world were offset by profit-taking from the previous day's rally, while US oil prices suffered another
April 27, 2020: The federal government has so far released Rs526.3 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, against the total allocation
April 27, 2020: The ECC chaired by Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh also approved a credit loss subsidy of Rs 30 billion for the Risk Sharing
April 27, 2020 (MLN): The Economic Coordination Committee has today approved the package that shall benefit 35 lac small businesses, the Minister for Industries and Production, Hammad Azhar tweeted on Monday. For those
April 27, 2020: European stock markets jumped in early trading on Monday as countries eased lockdown measures and the Bank of Japan unveiled further support for its virus-hit economy. London won 1.7
April 27, 2020 (MLN): Economic Coordination Committee (ECC) will discuss the Prime Minister’s Relief Package for Small and Medium Size Enterprises (SMEs). The meeting is scheduled to take place today, i.e. April 27,
Apr 27, 2020: US oil prices fell heavily Monday on renewed concerns over storage capacity as the coronavirus throttles demand, even as producers start slashing output to boost markets. US benchmark West Texas
Apr 27, 2020: US businesses hit by the coronavirus are reporting declines in sales and investment for the first time since the 2008 global financial crisis, according to a survey released Monday. And
Apr 27, 2020: The Bank of Japan on Monday ramped up its emergency monetary easing, lifting the cap on its buying of government bonds and increasing purchases of other assets, while cutting its
April 27, 2020: A meeting of the think-tank, recently constituted under the directions of Prime Minister, to deliberate on the Coronavirus-related economic crisis and mitigation of ensuing risks was held in Islamabad with
April 26, 2020 (MLN): Minister for Industries & Production, Hammad Azhar on Sunday announced that his Ministry shall table in ECC on Monday to discuss the phase one of: 'Small Business Support Package'.
Apr 26, 2020: The Central Directorate of National Savings (CDNS) has achieved collection net target of Rs169 billion by April, 24 of the fiscal year 2019-20. The CDNS has set Rs 352 billion
April 26, 2020 (MLN): Below are the highlights of the important economic and business events witnessed during the last week that would play an important role in the context of Pakistan’s economy 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
April 17, 2019: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group (UBG) Wednesday jointly presented a set of 40 pre-budget proposals to Finance Minister Asad Umar. They sought special incentives
April 17, 2019: A meeting of Economic Coordination Committee (ECC) chaired by Finance Minister Asad Umer is in progress in Islamabad. It will consider the government guarantee for Utility Stores Corporation besides a summary for
April 17, 2019: Prime Minister Imran Khan would launch landmark Naya Pakistan Apna Ghar Housing Scheme today. In the first phase, one hundred and thirty five thousand residential units will be constructed. Twenty five thousand
ISLAMABAD, April 16: Business community Tuesday proposed various measures for inclusion in the next budget by the government to improve ease of doing business, enhance tax revenues and boost economic growth in the country. The
April 16, 2019 (MLN): Federal Cabinet asked more time to formulate laws pertaining to new tax amnesty scheme. A committee has been formed to finalize the norms of the tax amnesty scheme, which Finance Minister
April 16, 2019 (MLN): For several months, Pakistani economists have been warning that the country is heading towards a serious debt problem that will destabilize the economy. The country’s total external debt and liabilities shot
April 16, 2019: The government has so far released Rs522.970 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 government,
April 16, 2019: Federal Cabinet meets in Islamabad on Tuesday with Prime Minister Imran Khan in the chair. It will discuss overall political and economic situation of the country. Finance Minister Asad Umer is expected
April 16, 2019: Prime Minister Imran Khan will pay a two-day official visit to Iran from Sunday to further strengthen bilateral ties in diverse fields. He is paying the visit on the invitation of Iranian
ISLAMABAD, Apr 15: Minister for Finance Asad Umar Monday said Pakistan and International Monetary Fund (IMF) have reached at consensus on all outstanding issues to finalize the bailout package. While briefing the National Assembly’s Committee
April 15, 2019 (MLN): Central Development Working Party (CDWP) meeting on Monday, under the chairmanship of Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar accorded approval to a project worth Rs. 552.708 million
April 15, 2019 (MLN): Easypaisa, Pakistan’s first mobile financial services (MFS) provider has joined hands with Zong 4G to provide direct integration between Easypaisa and Zong 4G. This collaboration promises to be a catalyst for
April 15, 2019 (MLN): A delegation of the International Monetary Fund (IMF) will visit Pakistan this month to carry on discussion regarding a potential support program from the Fund. The Office of the Resident Representative
April 15, 2019 (MLN): The weekly Sensitive Price Index (SPI) for the combined group Inched up by 0.3% during the week ended April 11, 2019, whereas SPI compared to the same period last year has
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