April 11, 2020: Prime Minister Imran Khan Saturday referring to the State Bank of Pakistan’s (SBP) 'Refinance scheme to incentivize businesses', said that it was part of the government’s policy of balancing between
April 11, 2020 (MLN): The National Steel Advisory Council (NSAC), an association of major iron and steel producers of Pakistan’s Steel Manufacturing Industry, has sent a letter to the Chief Minister of Sindh
April 11, 2020: Resident Representative of International Monetery Funds (IMF) in Pakistan Ms. Maria Teresa Daban Sanchez has said that Pakistan would receive $ 1.4 billion through Rapid Financing Instrument (RFI) from the
April 10, 2020: The sale of cars in the country plunged by 46.8 percent during first nine months (July-March) of current fiscal year (2019-20). The sale of cars went down from 160,359 units
April 10, 2020: To support the employment of workers in the face of economic challenges posed by the spread of COVID-19, the State Bank of Pakistan (SBP), has introduced a temporary refinance scheme
April 10, 2020 (MLN): The total money supply circulating within the economy in February 2020 has been recorded at around Rs.22.5 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained
April 10, 2020 (MLN): Net foreign outflows slowed down by Rs 5.18 billion to Rs 37.98 billion from local securities during the week ended April 03, 2020, marking the sixth straight week of
April 9, 2020: Governments must take immediate steps to prevent a potentially devastating debt crisis and address the economic and financial havoc wrought by the COVID-19 pandemic – says a new report from
Apr 10, 2020: The government has released a sum of Rs47,305.087 million for various water resource projects under annual Public Sector Development Programme (PSDP) for fiscal year 2019-20 so far. According to the
April 10, 2020 (MLN): The Ministry of Commerce has released Rs. 20.5 billion for the textiles & Rs. 828 million for the non-textile sector under the Drawback of Local Taxes and Levies (DLTL)
April 10, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.44% during the week ended Apr 09, 2020 while the SPI increased by 8.2% compared to the
April 10, 2020: Minister for Planning and Development Asad Umar has said the rate of inflation for essential products has fallen to less than half in the last three months. In a tweet
April 10, 2020: European Union Finance Ministers have agreed on half-a-trillion euros support for their coronavirus-battered economies. The agreement to this effect was reached during the EU finance Minster's meeting in Brussels after
April 10, 2020: The Federal Board of Revenue (FBR) Friday devised a centralized system for online payment of Customs Duty Drawback directly in the bank account of the Exporters. For this purpose, FBR
April 10, 2020 (MLN): The International Monetary Fund’s (IMF) board meeting is scheduled to take place on April 16, 2020, to consider Pakistan’s request of loan approval. Pakistan has reportedly requested around $1.4
ISLAMABAD, Mar 31: The government on Sunday increased the prices of per liter petrol by Rs6 for the month of April 2019, according to notification issued by Finance Ministry. The prices of High Speed Diesel
March 31, 2019: Pakistan’s exports to China during first eight months (Jul-Feb) of current fiscal year increased by 3.97 percent as compared to same period of last year. The exports from Pakistan to China during
March 31, 2019: The mining experts Friday called for evolving a comprehensive annual ‘Salt Export Policy ‘(SEP) to regularize country’s salt trade and to develop a branding mechanism to sell the commodity in the international
March 31, 2019 (MLN): The Federal Board of Revenue (FBR) has extended the last date for filing income tax return up to April 30, 2019 for the tax year 2018. Earlier, the date for filing
March 31, 2019: The Petroleum Division of Energy Ministry is in process of revising existing seven gas slabs to streamline the commodity tariff fixation mechanism, which is considered one of major factors causing inflated utility
March 31, 2019: The exports of various transport services earned $425.639 million for the country during the first seven months of the current fiscal year (2018-19). However, as compared to the $572.050 million exports of
During the outgoing week, capital market witnessed a volatile trend, KSE-100 index rose slightly by 117 points and closed at 38,649 points. This increase was due to china’s inflow of USD 2.1 bln and the potential
Market Data and Economic Indicators Weekly Performance Mar 29, 2019 Mar 22, 2019 PKR InterBank 140.7806 140.2412 KSE100 Index 38,649.34 38,531.87 Avg Daily Volume 128,283,790 83,884,106 Gold (Karachi) Rs/10 gm 60,485 60,271 KIBOR 6M
KARACHI, Mar 30 (APP): Prime Minister Imran Khan Saturday unveiled a mega development package worth Rs 162 billion to transform Karachi by uplifting its transport, water and sewerage infrastructure. Chairing a meeting of Karachi Transformation
March 29, 2019: The 5th meeting of the 9th National Finance Commission (NFC) was held today at Lahore with Federal Finance Minister, Asad Umar, in the chair. The six sub-groups, formulated during the first meeting
March 29, 2019: The Federal Government has so far released an amount of Rs 27,243.84 million for various projects of Kashmir Affairs and Gilgit Baltistan division under the Public Sector Development Programme (PSDP 2018-19). Out
March 29, 2019: Senate Standing Committee on Statistics was informed on Friday that a team of International Monetary Fund is visiting Pakistan from April 01, to review the working and methodologies of Pakistan Bureau of
March 29, 2019: Pakistan and Austria on Friday identified areas for further cooperation in the fields of politics, economic, trade, investment, education and culture. In the 4th round of Bilateral Political Consultations held between both
March 29, 2019 (MLN): The Senate Standing Committee conducted a meeting on Commerce and Textile Industry, chaired by Senator Mirza Muhammad Afridi. The agendas taken up by the Committee pertained to briefings by the State
March 29, 2019 (MLN): Pakistan received a sum of $225 million in February 2019 as foreign economic assistance from multiple bilateral and multilateral sources, briefed Economic Affairs Divisions (EAD) in its monthly report on disbursement
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