March 25, 2020: SBP has allowed all federal and provincial government departments, hospitals in public and private sectors, charitable organizations, manufacturers and commercial importers to make Import Advance Payment and Import on Open
March 25, 2020: After days of mounting pressure, Tokyo 2020 organizers bowed to the inevitable and postponed the Games to next year due to the rapidly spreading outbreak. Now Japan faces the unenviable
March 25, 2020: Saudi Arabia's King Salman will chair an emergency virtual summit of leaders from the Group of 20 major economies on Thursday to discuss a global response to the coronavirus pandemic.
March 25, 2020: Oil prices rallied in Asia Wednesday on signs the US Congress was nearing an agreement on a massive stimulus package to help the coronavirus-ravaged American economy, tracking record Wall Street
March 24, 2020 (MLN): Foreign Investors continued to exit from Government’s denominated securities particularly T-bills, as it witnessed another outflow of $92.49 million on Friday i.e. March 20, 2020, bringing the total net
Mar 24, 2020: Prime Minister Imran Khan Tuesday announced a huge relief package aimed at providing financial support to the different sectors of economy affected by the economic slowdown unleashed by the coronavirus
Mar 24, 2020: Governments and central banks around the world are resorting to the unthinkable as they battle to immunise their economies from deeper coronavirus carnage. Gargantuan debt spending, loan guarantees, tax breaks
Mar 24, 2020: Islamabad Chamber of Commerce and Industry (ICCI) has urged the government to reduce policy interest rate to 5 percent in order to save businesses from the negative impact of coronavirus.
Mar 24, 2020: Businesses in the eurozone suffered “an unprecedented collapse” this month because of the novel coronavirus pandemic, according to a closely watched indicator released Tuesday by IHS Markit. Provisional data showed
Mar 24, 2020: The Organization of the Petroleum Exporting Countries (OPEC) daily basket price dropped to 24.72 U.S. dollars a barrel on Monday, compared with 28.57 dollars on Friday, according to OPEC Secretariat
Mar 24, 2020: Adviser to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh here Tuesday chaired a meeting to smoother the funding for accelerating work on relief measures amid Coronavirus outbreak
Mar 24, 2020: The International Monetary Fund called for urgent action from Middle East governments Tuesday as the coronavirus pandemic threatens a persistent slump in oil revenues and a “big drop” in growth.
March 24, 2020: A joint meeting of the parliamentary leaders of the Senate and the National Assembly will be held at Parliament House in Islamabad on Wednesday. The initiative has been taken by
March 24, 2020: The Central Directorate of National Savings (CDNS) has achieved a collection net target of Rs155 billion by March, 20 of the fiscal year 2019-20. The CDNS has set Rs352 billion
March 24, 2020: Equity markets and crude prices surged while the dollar sank Tuesday after the Federal Reserve unveiled an unprecedented bond-buying program to support the US economy. While much of the planet
March 12, 2019 (MLN): During 8MFY19, non-government sector borrowed net amount of Rs 880.5 billion which is 93% higher than the net borrowed amount of Rs 455.8 billion in same period last year. According to
March 12, 2019 (MLN): Government of Pakistan accumulated an additional net loan worth Rs.192 billion during the week ended March 1, 2019 according to weekly data released by the State Bank of Pakistan (SBP) on
ISLAMABAD, Mar 11: Prime Minister Imran Khan on Monday launched the low cost finance scheme for the Pakistan Tehreek-e-Insaf government's flagship project of constructing five million housing units in the country. Addressing the launch ceremony
March 11, 2019: Overseas Pakistani workers remitted US $14350.53 million in the first eight months (July to February) of FY19, showing a growth of 11.82 % compared with US $12833.64 million received during the same
March 11, 2019 (MLN): The Finance Division of Pakistan has been awarded ISO 9001:2015 Certification which replaces the earlier ISO 9001-2008 with the latest standards of ISO 2001-2015. ISO 9001 is defined as an international
March 11, 2019: Prime Minister Imran Khan has directed the local companies to expedite their exploration work in the oil and gas sectors. He was presiding over a meeting held to review issues pertaining to
March 11, 2019: The government was committed to raise Employees' Old-Age Benefits Institution (EOBI) pension amount up to minimum Rs15,000 by 2023, Special Assistant to Prime Minister on Overseas Pakistanis and Human Resource Development Sayed
March 11, 2019: Punjab Board of Investment and Trade Chairman Sardar Tanveer IIyas Khan Monday said Punjab government was working to smart regulations that would address the hindrances being faced by the private sector and
March 11, 2019: Deputy Chairman of Cabinet of Ministers and Minister of Foreign Affairs of Turkmenistan, Rashid Meredov is arriving Pakistan on Tuesday (March, 12). The Turkmen Foreign Minister is being accompanied by a high-level
March 11, 2019: European Union is allocating EUR 100 000 in humanitarian funding to bring life-saving assistance to the most affected communities in Southern Pakistan. According to a Press Release, the aid will directly benefit 15
March 11, 2019: The federal government has released Rs 365.99 billion against the total allocation of Rs 675 billion under its Public Sector Development Programme (PSDP) 2018-19 for various ongoing and new schemes. The released
March 11, 2019: Tomato price in local markets has witnessed sharp surge for the last several weeks, which has put an extra burden on daily kitchen budget as well as swelled the inflation rate. The
March 11, 2019 (MLN): Chairman of Securities and Exchange Commission Pakistan (SECP), Mr. Farrukh Sabzwari together with the World Bank has launched a Corporate Sector Report prepared by the latter, on corporate governance in Pakistan.
March 11, 2019 (MLN): Minister for Finance and Revenue, Asad Umar informed the local media that India wants the Financial Action Task Force (FATF) to place Pakistan in its black list. During his address to
March 11, 2019: Finance Minister Asad Umer has urged the regulators including the Securities and Exchange Commission of Pakistan and Pakistan Stock Market to fully facilitate the corporate sector in order to enhance its productivity
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