March 26, 2020: A new bond-buying scheme launched by the European Central Bank to cushion the impact of the coronavirus on the eurozone economy will discard a crucial self-imposed limit on previous rounds
March 26, 2020: European and leading Asian stock markets were back in the red Thursday as investors once again focussed on the devastating economic fallout the coronavirus pandemic is expected to wreak.
March 26, 2020 (MLN): Another outflow of $75.89 million hot money by foreign investors from Pakistan’s sovereign debt securities (T-bills and PIBs) has been witnessed in yesterday’s session i.e. on March 25, 2020.
March 26, 2020: National Coordination Committee (NCC) on coronavirus will hold its second meeting in Islamabad on Thursday with Prime Minister Imran Khan in the chair. This was informed by Special Assistant to
March 26, 2020: Oil prices slipped back in Asian trade on Thursday, as a Senate vote on a massive stimulus package to help the coronavirus-ravaged US economy was delayed. US benchmark West Texas
March 26, 2020: Asian markets were mixed Thursday after a rare two-day rally, while investors were also looking anxiously at Washington, where a gargantuan stimulus package for the world's top economy was being
March 25, 2020: The World Bank and International Monetary Fund (IMF) Wednesday urged upon its bilateral creditors to suspend debt payments from International Development Association (IDA) countries help them combat Novel Coronavirus (COVID-19)
March 25, 2020: The United Nations on Wednesday launched a $2 billion plan to fight coronavirus in the world's poorest countries countries, saying nobody was safe if such nations were left exposed. “This
March 25, 2020: The United States said Wednesday it has urged Saudi Arabia to “reassure” oil and financial markets as the world grapples with a coronavirus pandemic that has paralyzed major economies. The
March 25, 2020: Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh on Wednesday said in view of the evolving situation due to the spread of coronavirus (COVID-19), the
March 25, 2020 (MLN): International investors are constantly withdrawing their investment in the domestic sovereign debt Securities due to the growing concerns over COVID-19. On Tuesday, i.e. March 24, 2020, foreigners have pulled
Mar 25, 2020: Federal Minister for Planning, Development and Special Initiatives Asad Umar has said that the government had announced to procure a record wheat worth of Rs 280 billion. “The government is
March 25, 2020 (MLN): Prime Minister Imran Khan has announced a multi-billion stimulus package to prevent the negative impact of the situation arising out of the outbreak of Coronavirus and to facilitate poor
Mar 25, 2020: As many as 11 wind projects with a cumulative capacity of 660 MW have achieved Financial Closing and are likely to attain commercial operation by December 2021. Official sources told
March 25, 2020 (MLN): The reduction in prices of petroleum products by Rs 15 per litre to be effective from March 25, 2020 which would be financed through a reduction in Petroleum Development
March 13, 2019 (MLN): A delegation of Mitsubishi Corporation, headed by Mr. Kimihide Ando, Senior Vice President /Chief Executive Mitsubishi Corporation called on Prime Minister Imran Khan at Prime Minister’s Office, where Mr. Kimihide Ando
March 13, 2019: Foreign Minister, Shah Mehmood Qureshi has said that the topmost priority of current government is to revitalize the national economy. Addressing the Business Leaders’ Summit in Islamabad on Wednesday morning, he said
March 13, 2019 (MLN): Pakistan and Turkmenistan inked the finalized version of the Host Government Agreement on the Turkmenistan Afghanistan Pakistan India (TAPI) Gas Pipeline network in Islamabad on Tuesday. Federal Secretary Petroleum, Mian Asad
March 13, 2019 (MLN): In order to facilitate availability of long-term affordable funding to some of the selective low income segments, SPB has launched “Financing Facility for Low Cost Housing for Special Segments”. In a
March 13, 2019 (MLN): Pakistan’s trade deficit in services for the month of January shrunk by 46.5% over prior month apprised Pakistan Bureau of Statistics (PBS) in its monthly report on trade, stating the deficit
March 13, 2019: Finance Minister Asad Umar says national economy is moving in the right direction due to the prudent policies of the current government. Talking to a private news channel, he said the PTI
March 13, 2019 (MLN): Fitch Solutions Macro Research, a unit of Fitch Group but an independent research house, has maintained their forecast for Pakistan’s real GDP growth to slow down to 4.4% in FY2018/19 (July-June),
ISLAMABAD, Mar 12: The Bahria Town on Tuesday submitted a new offer of Rs 485 billion before the Supreme Court seeking an end to all inquiries. The proposal was submitted by Advocate Ali Zaffar. The
ISLAMABAD, Mar 12: Prime Minister Imran Khan Tuesday, terming the existing taxation system unjust, called for its reformation besides enhancing the tax net to achieve durable economic progress. Chairing a meeting to discuss the revenue
ISLAMABAD, Mar 12: The Economic Coordination Committee of the Cabinet (ECC) has approved Rs 2 billion Ramazan Relief Package-2019 so as to provide relief to the low income groups in the holy month of Ramazan
March 12, 2019 (MLN): The country’s trade deficit during the first eight months of FY19 decreased by 11.03 percent to USD 21.523 Billion compared to USD 24.191 Billion from last year. According to figures released
March 12, 2019: The Cutlery exports from the country decreased by 3.08 percent during the first seven months of the current fiscal year as against the exports of the corresponding period of last year. The
March 12, 2019: The government has so far released an amount of Rs 65.4 million for Statistics Division and Textile Industry Division under the Public Sector Development Programme (PSDP 2018-19). An amount of Rs 52.8
March 12, 2019: A delegation of local importers and fast moving consumers goods businessmen (FMCGs) on Tuesday visited Islamabad Chamber of Commerce and Industry and expressed their concerns over SRO-237, issued by the Ministry of
March 12, 2019: President Dr. Arif Alvi on Tuesday said that Pakistan was desirous of enhanced regional connectivity for the progress and uplift of its people and the entire region. The President said this while
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