July 14, 2022 (MLN): Pakistan will receive $1.177 billion after the approval of IMF’s Executive Board, bringing total disbursements under the program to about $4.2 billion, said Nathan Porter, IMF Mission Chief on
July 13, 2022 (MLN): The State Bank of Pakistan (SBP) has raised Rs506 billion through the auction of three, six, and twelve-month T-bills against the target of Rs500bn. In the auction conducted on
July 13, 2022: Federal Minister for Finance and Revenue Mr. Miftah Ismail has expressed the resolve of the present government to promote business activities and facilitate the business community to attain sustainable growth
July 13, 2022: Global stocks fell Wednesday and the euro dipped below $1.00 for the first time in nearly 20 years after data showed a surge in US inflation last month, convincing investors
July 13, 2022: US inflation surged to a fresh peak of 9.1 percent in June, further squeezing American families and heaping pressure on President Joe Biden, whose approval ratings have taken a battering
July 13, 2022: The Pakistan Agricultural Research Council (PARC) has developed six commercial varieties of beans, which will help reduce reliance on imported pulses, besides increasing farm income. “These are the first commercial
July 13, 2022: Russia and Ukraine were due Wednesday to hold their first talks with UN and Turkish officials aimed at breaking a months-long impasse over grain exports that has seen food prices
July 13, 2022 (MLN): With earnings season right around the corner, the local auto makers are likely to witness suppress earnings in 4QFY22 as the impact of super tax will more than offset
July 13, 2022 (MLN): Pakistan has reached a staff-level agreement with the International Monetary Fund (IMF) to resume its loan program, Bloomberg reported today, citing sources familiar with the matter. As per the
July 13, 2022 (MLN): It was certain that the Monetary Policy Committee (MPC) of the State Bank of Pakistan would raise the policy rate but by how much magnitude was the real question.
July 13, 2022 (MLN): Following the approval of the Economic Coordination Committee (ECC) related to the hike in gas prices by 43% to 235%, the weighted average gas price is estimated to increase
July 13, 2022: Russian and Ukrainian officials were to hold talks in Istanbul on Wednesday over stalled grain deliveries that have pushed global food prices skywards, while Kyiv said it had destroyed a
July 13, 2022: Sri Lanka is mired in a deep political and economic crisis, and on Wednesday, the country's president flew out of the country days after a huge crowd of protesters stormed
July 10, 2022 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in
July 08, 2022 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. The Monetary Policy
February 16, 2022 (MLN): The Federal Cabinet has approved the 3rd Textiles and Apparel Policy aiming to consolidate the growth already achieved in the textile sector, Adviser to PM for Commerce and Investment said today.
February 16, 2022 (MLN): Ministry of Commerce is in the process of developing a draft of Preferential Trade Agreement (PTA) with Turkey, Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razaq Dawood
February 16, 2022 (MLN): With a noticeable 30% MoM drop in passenger car sales in January 2022 due to an increase in prices, rising interest rates, and pre-buying in Dec 2021 in anticipation of tax
February 15, 2022 (MLN): The government on Tuesday decided to increase the price of petroleum products by up to Rs12.03 per litre owing to the surge in international oil prices, a notice issued by the
February 15, 2022: The government is committed to promoting tax culture in the country by introducing constructive exercises such as prize schemes for the consumers, Minister for Finance and Revenue Shaukat Tarin said on Tuesday while addressing the second computer
February 15, 2022: Ambassador of Pakistan to Bulgaria Mariam Aftab and Foreign Policy Advisor Vessela Tcherneva and Security Advisor to the Bulgarian Prime Minister Petar Petrov has reviewed the ongoing collaboration between the two countries on Tuesday.
February 15, 2022: Hysab Kytab, a leading provider of financial management solutions announced that Hysab Kytab’s White Labelled PFM solution is now available on Temenos Exchange, the open marketplace for fintech solutions. The Hysab Kytab
February 15, 2022: Pakistani startup Energy and Automation (ENA), a company of Jaffer Business Systems (JBS) recently joined forces with Jolta Battery Private Limited, a sister company of Jolta Electric – Pakistan’s First EV company,
February 15, 2022 (MLN): In the case of Pakistan, the potential risks associated with cryptocurrency far outweigh the benefits when evaluated against the core objectives of a central bank and as a regulator of the
February 15, 2022 (MLN): The Federal Cabinet has decided to extend already enforced Nonpharmaceutical Interventions (NPIs) till February 21, 2022 in cities where covid positivity ratio remains above 10% for at least 3 days. According
February 15, 2022: The honourable Prime Minister of Pakistan, Mr Imran Khan launched the second phase of Raast, called the Person-to-Person instant payment system (P2P) in a ceremony in Islamabad today. Raast, a flagship initiative
February 15, 2022 (MLN): The Federal Cabinet has given approval for the extension on the duration of the Saindak Mine lease for another 15-years to the Chinese company working on the Saindak Gold and Copper
February 15, 2022: Federal Minister for Finance and Revenue Shaukat Tarin said on Tuesday that the government intended to announce a relief package for the middle, lower-middle and salaried class within days to help them cope
February 15, 2022: Indus River System Authority (IRSA) Tuesday released 88,567 cusecs water from various rim stations with an inflow of 41,648 cusecs. According to the data released by IRSA, water level in the Indus
February 15, 2022: Building further on its incessant drive against smuggling, Pakistan Customs (FBR) on Feb.13, 2022, has conducted yet another successful operation in which it seized narcotics (255 KGs Opium) worth Rs80 million at Ganz, Gwadar,
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