June 23, 2022: Federal Minister for Energy, Khurram Dastgir Khan Thursday said, the government is negotiating with Russia to import wheat as the US and EU sanctions against Moscow were not applicable on
June 23, 2022 (MLN): Federal Minister for Finance and Revenue Mr. Miftah Ismail assured the delegation of All Pakistan Textile Mills Association (APTMA) of full support of the present government and directed the
June 23, 2022 (MLN): The government has not withdrawn any notification on the minimum rates of wages for labour, the ministry of finance on Thursday clarified. In a statement, the ministry said, “it
June 23, 2022 (MLN): The total liquid foreign exchange reserves held by the country dropped by $733 million or 4.9% WoW to stand at the lowest level of $14.2 billion since Jan 18,
June 23, 2022 (MLN): The country’s overall nutrients offtake dropped by 21.8% to 302,000 tonnes during May 2022 compared to the same month last year, the latest monthly report of fertilizer offtake issued
June 23, 2022 (MLN): This is the best time for local refineries to shift towards the production of environmentally compliant refined transportation fuels which will reduce the reliance on petroleum imports. This will
June 23, 2022: The Federal Government has allocated Rs 9.6 billion under Public Service Development Programme (PSDP) for Climate Change Division in the fiscal year 2022-23. The allocated amount of billions of rupees
June 22, 2022 (MLN): The much-awaited deal with IMF seems to be witnessing a major breakthrough as Pakistan and the fund have reached an understanding on changes in tax measures proposed in Federal
June 23, 2022 (MLN): Amidst the ongoing energy crisis, the Public Accounts Committee (PAC) in a meeting on Thursday decided to halt the free supply of electricity to the staff of distribution companies.
June 23, 2022: Germany said on Thursday it would raise the alert level under its emergency gas plan to secure supply following the recent reduction of pipeline supplies from Russia. “Gas is now
June 23, 2022: Indus River System Authority (IRSA) Thursday released 236,985 cusecs water from various rim stations with an inflow of 272,333 cases. According to the data released by IRSA, the water level
June 23, 2022: Federal Minister for Finance and Revenue, Miftah Ismail said here on Thursday that by taking tough decisions, the incumbent government had saved Pakistan from default as the previous regime led
June 23, 2022 (MLN): The stable urea demand amid the government’s efforts and pro-farmer policies and the attractive payout would make the fertilizer sector a safe play in CY22. The strong cash flows
June 23, 2022 (MLN): The significant decline in oil prices in the international market will help the government to keep the petroleum prices unchanged during the upcoming fortnight review. Since the IMF bailout
June 23, 2022: The global food crisis sparked by the war in Ukraine will kill millions by leaving the hungriest more vulnerable to infectious diseases, potentially triggering the world's next health catastrophe, the
January 25, 2022: Minister for Foreign Affairs Makhdoom Shah Mehmood Qureshi emphasized enhancing the bilateral relations between Pakistan and Turkmenistan on Monday during a telephonic conversation with Foreign Minister of Turkmenistan Rashid Meredov. Both countries exchanged views
January 25, 2022 (MLN): Yields on seven-year international Sukuk to raise $1 billion were set at 7.95%, as per various reports. The issue date for the Sukuk is Jan 31, 2022, and the maturity date
January 25, 2022: Issues pertaining to Special Economic Zones (SEZs) should be resolved on a priority basis and measures for facilitating the investors should be implemented in the given timeframe, Prime Minister Imran Khan on Monday
January 24, 2022 (MLN): The Central Development Working Party (CDWP) approved three development projects with a cost of Rs13 billion and recommended one project worth Rs108.5bn to the Executive Committee of the National Economic Council
January 24, 2022: Small and Medium Enterprise Development Authority (SMEDA) on Monday extended date of applications for small business grants for “Growth Stage Start Up” upto January 28. The maximum grant funding worth Rs500,000 would
January 24, 2022: Indus River System Authority (IRSA) Monday released 45,186 cusecs water from various rim stations with inflow of 69,842 cusecs. According to the data released by IRSA, water level in the Indus River
January 24, 2022 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on January 24, 2021, in Karachi has decided to keep the policy rate unchanged at
January 24, 2022 (MLN): The country recorded the highest monthly power generation of 8,828 GWh during Dec’21, up by 12% YoY compared to 7,880 GWh in Dec’20, backed by the higher generation from nuclear, regasified
January 24, 2022 (MLN): In the upcoming monetary policy statement, Central Bank may keep the policy rate unchanged at 9.75% and wait for recent budgetary measures to find a foothold and achieve its desired goal
January 23, 2022 (MLN): Finally, the Pakistan Bureau of Statistics (PBS) has rebased the Large-Scale Manufacturing Index (LSMI) after a gap of more than a decade. At first look, it seems that the PBS has
January 23, 2022 (MLN): The latest weekly roundup covers the latest economic and financial data releases over the past week to keep an eye on next week's trends. Pakistan posted the current account deficit (CAD)
January 23, 2022: 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 Pakistan’s economic and
January 22, 2022: The government had achieved remarkable success in its three years tenure regarding economic growth rate of the country, Minister for Energy Hammad Azhar stated on Saturday. Talking to a private news channel, he
January 22, 2022 (MLN): Pakistan’s trade deficit in services widened by 2.3x YoY to $342 million during December 2021 from $145mn in the same month of the previous year, the monthly data released by the
January 22, 2022 (MLN): Pakistan posted the current account deficit (CAD) of $9.09 billion in the first half of the ongoing fiscal year as opposed to $1.25bn surplus recorded in the same period last year,
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