June 17, 2020 (MLN): In the month of May 2020, export receipts from Petroleum group & coal have been recorded at $462 thousands, showing a decline of 95.73% MoM and of 98.6% YoY.
June 17, 2020 (MLN): Imports into Pakistan during the month of May, 2020 amounted to Rs. 458,272 million as against Rs. 526,880 million in April, 2020 and Rs. 730,962 million in May 2019,
June 17, 2020 (MLN): The total exports from Pakistan during the month of May, 2020 amounted to Rs. 223,536 million as against Rs. 157,412 million in April, 2020 and Rs. 305,303 million in
June 17, 2020: Prime Minister Imran Khan has extended warmest felicitations to people of D-8 countries and stressed the need for accelerating the pace of progress and forging a stronger partnership to realize
June 17, 2020: Adviser on Finance Dr. Hafeez Sheikh says the government in its first two years paid off a huge amount of debt worth 5000 billion rupees and brought current account deficit
June 17, 2020: Global stocks powered higher Wednesday as strong US retail sales data bolstered confidence in the economic recovery, even as China further tightened restrictions to try to limit a fresh coronavirus
June 17, 2020: Asian investors moved cautiously Wednesday as they weighed fresh signs the world economy is in recovery against fears of a second virus wave, geopolitical tensions and profit-taking. Federal Reserve
Jun 16, 2020: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs 355 billion in the current fiscal year till June 15. CDNS has set Rs 360
Jun 16, 2020: Global foreign direct investment (FDI) flows are forecast to decrease by up to 40 percent in 2020, and further by 5 to 10 percent in 2021, before recovering in 2022,
Jun 16, 2020: President, Islamabad Chamber of Commerce and Industry (ICCI), Muhammad Ahmed Waheed on Tuesday urged the government to reduce the price of electricity for promoting industrialization, investment and exports. He said
June 16, 2020 (MLN): The total debt of Central Government during the month of April 2020 stood at Rs. 34.314 trillion, i.e.1% percent higher than the figures reported last month. Whereas, on a
June 16, 2020 (MLN): The key feature of the Financial Stability Report (FSR) for CY19 issued by State Bank of Pakistan (SBP) is that the Banking sector with the highest share in financial
June 16, 2020 (MLN): The Banking Sector has been in the headlines for quite some time now, but for all the wrong reasons though. After an incessant, back to back reduction in the
June 16, 2020: Prime Minister Imran Khan has said that the reduction in petrol and diesel prices by the government was aimed at providing all possible relief to the people. Chairing a meeting
June 15, 2020: The proposed budget for FY 20-21 has completely failed to address serious industry issues in the light of the worldwide Covid-19 created crisis. This is likely to lead to large
Jun 14, 2019: The government had released Rs 725.697 million for various agriculture and livestock sectors uplift projects of Ministry of National Food Security and Research under its Public Sector Development Program (PSDP) 2018-19 as
June 14, 2019 (MLN): Having completed its first 10 months in office, Pakistan’s incumbent government has realized the severe need to pull up their socks and combat corruption and money laundering in order to not
June 14, 2019 (MLN): Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. According to the press release issued by Fitch, Pakistan's ratings reflect challenging external finances
June 14, 2019 (MLN): Director of International Monetary Fund (IMF), Gerry Rice recently expressed his view on the backlash received by Pakistan’s Federal Budget FY19-20, wherein Pakistani citizens condemned IMF for purely concentrating on increasing
June 14, 2019 (MLN): Advisor to the Prime Minister on Finance Affairs, Abdul Hafeez Shaikh has said that in 72 year, no Prime Minister has ever completed his term because of the inconsistency in economic
June 14, 2019 (MLN): In its first revenue focused budget, the PTI government decided to revoke prejudiced concessions and exemptions with focus on enhancing direct taxation and tightening the lasso around the tax evaders to
June 14, 2019 (MLN): The World Bank today approved a package of $518 million for two projects in support of Pakistan’s ambitious efforts to raise revenue and reduce compliance cost with a goal of providing
June 14, 2019: Federal Bureau of Revenue has said the closing date for Assets Declaration Scheme is 30th of this month and it will not be extended. In a statement on Thursday, it advised to
June 14, 2019: PTI Government has increased budget allocations for agriculture sector by 1200 percent to revive agriculture and livestock sectors. This was announced by Minister for National Food Security and Research Sahibzada Mehboob Sultan,
ISLAMABAD, June 13: In collaboration with U.S. Department of Justice, the SECP organized a workshop on securities and commodities fraud at the SECP head office on Thursday in Islamabad. Mr. Brian R. Harvey, the presenter,
June 13, 2019 (MLN): The central government has acquired a debt of Rs.28 trillion as of April 2019, which is Rs.4.47 trillion higher than the amount borrowed by the same period last year and Rs.3.86
June 13, 2019 (MLN): The Federal Budget for the fiscal year 2019-2020 was presented by Minister for Revenue, Hammad Azhar on June 11, 2019. While many are lauding the budget for being both stringent and
June 13, 2019 (MLN): One of the most controversial and criticized element of federal budget FY20 has been the elimination of SRO 1125 and imposition of General Sales Tax of 17%. At a time when
June 13, 2019: Envisaging protection of common people, the government through Budget 2019-20 has provided tax relief on various daily-use essential products including medicines, food and beverages as well as their inputs, a senior official
Jun 13, 2019: The government would spend Rs1818.238 million for 16 ongoing and 2 new development schemes of Revenue Division under the Public Sector Development Program (PSDP) for the fiscal year 2019-20. According to the
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