April 04, 2020: OPEC and its allies are due to discuss oil production cuts next week following US President Donald Trump's claim that leading producers Russia and Saudi Arabia will slash output to
April 04, 2020: Despite COVID-19 situation, Privatisation Commission (PC) team, under the leadership of Federal Minister /Chairman Muhammadmian Soomro continue to keep foreign investors engaged in the Privatisation plan of the Government of
April 04, 2020: The price of crude oil surged again Saturday after OPEC said it would talk to non-members, notably Russia, giving investors hope for an end to a price war which has
April 03, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 2.01% during the week ended Apr 02, 2020 while the SPI increased by 9.27% compared to the
April 03, 2020: State Bank of Pakistan has continuously been reviewing the challenges arising out of COVID-19 pandemic situation with particular reference to the financial sector and taking measures. Expanding the scope of
April 03, 2020: Prime Minister Imran Khan has announced an incentivized package for the construction industry in order to increase employment opportunities in the country in the wake of coronavirus outbreak. Announcing the
Apr 03, 2020: Crude resumed its surge Friday with Saudi-led OPEC set to hold a video conference with non-cartel members, notably Russia, that could stop a price war that along with crushed demand
Apr 03, 2020: Adviser to Prime Minister for Commerce and Textile, Abdul Razak Dawood on Friday said that the government had offered up to Rs100 billion packages to the industrial sector as a
April 2, 2020: Prime Minister Imran Khan Friday thanked Facebook Chief Operating Officer (COO) Sheryl Sandberg for the support and working together for a common cause to improve the lives for millions and
April 3, 2020 (MLN): ‘The Govt of Pakistan and World Bank have signed a $200 million project for the covid-19 response,’ the Minister for Economic Affairs, Hammad Azhar tweeted on Friday. He further
April 3, 2020: Ministry of Information Technology and Telecommunication (MoIT) will sign a Memorandum of Understanding (MoU) with China for cooperation in the Information and Communication Technology (ICT). “Ministry of Information Technology and
April 3, 2020 (MLN): Advisor to Prime Minister on Commerce Abdur Razzaq Dawood said that the government has made a strategy to allow the export-related industry to start its operation in a phased-manner.
April 03, 2020 (MLN): Pakistan's trade deficit for 9 months (July-March) FY20 improved by 26.45% to stand at USD 17.36 billion against the deficit of USD 23.61 billion of the corresponding period last
Apr 03, 2020: Economic growth in Pakistan is expected to slow to 2.6 percent this year due to ongoing stabilization efforts, slower growth in agriculture and the impact of the COVID-19 outbreak, before
April 3, 2020 (MLN): Moody’s has further slashed Pakistan’s estimated growth rate to 2% for the current fiscal year due to the COVID-19 outbreak. It also believes that the recent steps by the
March 20, 2019 (MLN): Younus Dagha has been appointed as the Finance Secretary with effect from March 22, 2019. He was previously serving as Ministry of Commerce and Textile Industry Secretary. Notification in this regard
March 20, 2019: Adviser to Prime Minister on Commerce, Textile, Industry & Production and Investment Abdul Razak Dawood said on Wednesday the government has finalized policy interventions for up-gradation and value addition in textile sector
March 20, 2019: The technical committee of Indus River System Authority (IRSA) will meet on March 26 to finalize water availability estimates for the forthcoming Kharif season. The meeting would be presided over by IRSA's
March 20, 2019: Exports of basmati rice from the country during first eight months of current financial year witnessed 14.83 percent increase as compared the corresponding period of last year. During the period from July-February
March 20, 2019: The gold imports into the country dipped by 22.06 percent during the first eight months of the current fiscal year (2018-19) as compared to the corresponding period of last year. Pakistan imported
March 20, 2019: The authorities concerned have amassed Rs. 16.124 billion through auction and disposal of different confiscated/smuggled goods during last five years. The confiscated goods are disposed of through open public auction as provided
March 20, 2019: The government is set to install three olive oil extraction mills and six mobile oil extraction units across the olive producing areas in the county to facilitate the olive farmers as well
March 20, 2019: Economic Coordination Committee (ECC) has approved release of funds for rehabilitation of temporary dislocated persons (TDPs) of North Waziristan. The meeting also approved technical support grant of 202.637 million for CADD and
March 20, 2019: A meeting of Economic Coordination Committee (ECC) chaired by Finance Minister Asad Umar is in progress in Islamabad. The Committee is taking stock of eight point agenda including release of funds for
March 20, 2019 (MLN): Certain amendments have been made in the Finance supplementary Bill, 2019, thereby which non-filers will have to pay taxes of 0.6 percent on cash withdrawal, if the amount withdrawn exceeds Rs.
The Ministry of Finance strongly refuted the impression created by statements made by representatives of Government of Sindh about there being a delay in transfer of resources from the Federal Government to the Provinces. According
Islamabad, 19th, March, 2019: After Implementation of Benami Transactions (Prohibition) Rules, 2019.The Federal Board of Revenue (FBR) has clarified that a Benami property means any property which is subject matter of Benami transaction and also
Mar 19: Faisalabad Chamber of Commerce and Industry (FCCI) president Syed Zia Alumdar Hussain on Tuesday said the government was trying its optimum to provide wider access to the Pakistani exporters in USA, China and
ISLAMABAD, Mar 19: Minister for Information and Broadcasting Chaudhry Fawad Hussain Tuesday said the government had decided to refund Rs 2.5 billion extra charged from the Sui gas consumers in the shape of inflated bills.
March 19, 2019: Pakistan Post after establishing digital tracking and Smartphone application has now taken another step towards establishing electronic commerce platform where vendors can join hands for showcasing and retailing their products. According to
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