April 1, 2020 (MLN): Due to the continuous deterioration in economic conditions with the COVID-19 crisis across the globe, risk-averse investors fled with their hot money worth $1.77 billion net from government debt
April 01, 2020: State Bank of Pakistan in collaboration with National Institute of Banking & Finance (NIBAF) is implementing National Financial Literacy Program for Youth (NFLP-Y) to impart essential financial education to Pakistani
Apr 01, 2020: President, Islamabad Chamber of Commerce and Industry (ICCI) Muhammad Ahmed Waheed on Wednesday emphasized to evolve a comprehensive strategy for mitigating the business loses, during the COVID-19 epidemic in the
Apr 01, 2020: Lahore Chamber of Commerce & Industry (LCCI) President Irfan Iqbal Sheikh on Wednesday discussed the plan for export uplift with Prime Minister’s Advisor on Commerce, Textile, Industry, Production and Investment
April 01, 2020: The World Bank Board of Directors approved a $700 million additional financing to help Pakistan generate low-cost, renewable energy to provide affordable electricity supply to millions of users Tuesday. This
April 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in March 2020 was 10.24 percent compared to 12.40 percent in February 2020 and 8.60 percent in March 2019. The July-March average
April 01, 2020: Europe's top stock markets sank more than 3.0 percent in opening deals Wednesday as investors tracked the intensifying global coronavirus crisis, dealers said. London's benchmark FTSE 100 index lost 3.3
April 01, 2020: UN Secretary-General Antonio Guterres has launched a new plan to counter the devastating socio-economic impacts of the coronavirus pandemic, calling on everyone to “act together to lessen the blow to
April 1, 2020: The Asian Development Bank (ADB) has returned to the US dollar bond market with the pricing of a 2-year global bond with a principal amount of $4.5 billion, proceeds of
Apr 01, 2020: Confidence among Japan's biggest manufacturers has plunged into negative territory for the first time in seven years, a key survey showed Wednesday as the coronavirus pandemic hits demand and disrupts
April 1, 2020: Federal Board of Revenue (FBR) has released the information about refund claims sanctioned through FASTER (Fully Automated Sales Tax e-Refund) system developed for quick processing of refunds due to exporters.
April 1, 2020: Minister for Economic Affairs, Hammad Azhar says comprehensive arrangements have been made to ensure sufficient production and supply of all essential items in the country. Addressing a press conference in
April 01, 2020: Planning Minister Asad Umar has underlined the need for a united national response to meet the challenge of Coronavirus pandemic. He was briefing the media along with Special Assistant on
April 1, 2020: Asian markets were mostly up Wednesday after suffering a diabolical first quarter, while traders weigh trillions of dollars in global stimulus with the prospect of lengthy lockdowns as the coronavirus
April 1, 2020: US crude was higher in Asian trade Wednesday but sentiment remained subdued as Saudi Arabia floods the market with oil and the escalating coronavirus pandemic saps global demand. Prices
March 18, 2019 (MLN): Asad Umar has said that Pakistan needs to bring capital market reforms to mobilize investments in equity and debt, as currently the market is over-regulated which is impeding its growth. Speaking
March 18, 2019 (MLN): According to the provisional figures compiled by the Pakistan Bureau of Statistics, exports from Pakistan during February, 2019 amounted to $1,889 million (provisional) as compared to $2,043million (provisional) in January, 2019
March 18, 2019 (MLN): Non-government sector has borrowed a sum of Rs.839.57 billion as of March 8, 2019, during the current fiscal year. According to the State Bank of Pakistan (SBP)’s weekly report on loans,
March 18, 2019 (MLN): The government sector’s net borrowing during current fiscal year (FY19) has accumulated to an amount of Rs.775.95 billion as of March 8, 2019, reported the State Bank of Pakistan in its
March 18, 2019 (MLN): Public sector spending in the first eight months of the current fiscal year amounted to Rs 373 billion. This means that out of the total allocation of Rs 675 billion to
March 18, 2019: Foreign Minister Shah Mahmood Qureshi is paying a four-day visit to China from today, to attend the First Pakistan-China Foreign Ministers’ Strategic Dialogue. A Foreign Office press statement said both sides will
March 18, 2019 (MLN): National Electric Power Regulatory Authority (NEPRA) is likely to increase fuel price adjustment for February 2019. According to a notice issued by NEPRA, Central Power Purchasing Agency Guaranteed Limited (CPPA-G) has
March 18, 2019: Prime Minister Imran Khan has said a three week consultative process on ten year development plan for former FATA is being initiated. In a tweet today, he said the process is being
The government will introduce first-ever national emigration policy to devise comprehensive strategies to regulate welfare process of intending emigrants. According to the officials of the Ministry of Overseas Pakistanis and Human Resource Development, the draft
March 18, 2019: Finance Minister Asad Umar says talks with the International Monetary Fund are in final stages. Talking to media in Islamabad, he said the government will have further negotiations with the newly appointed
By Muzzammil Aslam PTI policy makers have not distracted from its policy set, yet to please any segment belongs to businesses, internal government, bureaucracy, bilateral partners or international multilateral agencies (including IMF). The mounting pressure
March 17, 2019: Pakistan imported medicinal product worth $656.092 million during the first seven months of current fiscal year, showing growth of 9.74 percent, when compared to the import of $597.844 million during the corresponding
March 17, 2019: The Gross Domestic Product (GDP) is expected to grow at an average of 5.4 percent during the next five years, with highest growth of 6.7 percent to be witnessed in fiscal year
March 17, 2019: Pakistan Standards Quality Control Authority (PSQCA) has issued around 27 licenses to the carbonated beverage companies for selling different kind of drinks during the last three years. The companies including Pakistan Beverages
March 17, 2019: As many as 3.41 million of Pakistani workforce were sent abroad for different jobs during the last five years, the data shared by Bureau of Emigration and Overseas Employment revealed. During this
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