May 20, 2022 (MLN): Central Power Purchasing Agency (CPPA) has proposed an increase of Rs4.0554/kWh in the electricity tariff over the reference fuel charges of Rs6.6087/kWh under fuel price adjustment for the month
May 20, 2022 (MLN): The total debt of the central government surged to Rs43 trillion in March 2022, compared to Rs38.7tr in June 2021, witnessing an increase of Rs4.3tr or 11% in 9MFY22,
May 20, 2022 (MLN): The inflow of foreign direct investment (FDI) into Pakistan in April 2022 stood at $170.6 million against the outflow of $30.4mn recorded in March 2022, the monthly data released
May 20, 2022 (MLN): Pakistan’s trade deficit in services deteriorated by 2.6x YoY to $387 million in April 2022 from $148mn in the same month of the previous year, the monthly data released
May 20, 2022 (MLN): Pakistan’s current account deficit (CAD) was recorded at $623 million in April 2022, down by 39% when compared to $1.02 billion in March 2022 on the back of an
May 19, 2022: The government has released funds amounting to Rs1,949.72 million to execute seven ongoing and six new petroleum-related projects during the first 10 months of the current fiscal year under the
May 19, 2022: The federal budget for the fiscal year 2022-23 will be business friendly and contribute to the promotion of exports and businesses in the economy, Finance Minister for Finance and Revenue
May 19, 2022 (MLN): To put off pressure from foreign exchange reserves and stabilize the exchange rate, the government has decided on Thursday to ban the import of non-essential luxury items. While addressing a news
May 19, 2022: Supreme Court barred authorities from making new appointments and transferring officials involved in “high-profile” and National Accountability Bureau (NAB) cases as well as those being heard by special courts. Court
May 19, 2022: Foreign Minister Bilawal Bhutto Zardari in a meeting with his Turkish counterpart Mevlüt Çavusoglu in New York has expressed commitment to work together to enhance economic cooperation and unleash the
May 19, 2022: The government has released funds amounting to Rs1,949.72 million to execute seven ongoing and six new petroleum-related projects during the first 10 months of the current fiscal year under the
May 19, 2022 (MLN): Sri Lanka has defaulted for the first time in its history as the government struggles to halt an economic crisis that has sparked widespread protests and a political crisis,
May 19, 2022 (MLN): The global fiscal recovery in 2021 that followed the Covid-19 shock of 2020 has slowed sharply, affected by higher commodity prices, rising inflation more generally, increased borrowing costs, slowing
May 18, 2022: Federal Minister for Finance & Revenue Mr Miftah Ismail held a virtual meeting with IMF Mission Chief, today. The meeting was attended by Minister of State for Finance & Revenue
May 18, 2022 (MLN): The cut-off yields of T-bills were decreased by up to 29 basis points in the auction conducted by the State Bank of Pakistan (SBP) on Wednesday. The government raised
December 11, 2021: State Bank of Pakistan (SBP) has issued revised Prudential Regulations for Microfinance Banks (MFBs) to streamline the requirement of obtaining Credit Information Report (CIR) and simplifying the documentary requirements from microfinance borrowers,
December 10, 2021 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group witnessed a drop for the third consecutive week, going down by 0.07% WoW for the week ended December 09, 2021, weekly
December 10, 2021: The two state-owned companies, Sui Northern Gas Pipelines Limited (SNGPL) and Sui Southern Gas Company (SSGC) are currently in process of executing at least six strategic projects to supply gas to Special
December 10, 2021: Indus River System Authority (IRSA) Friday released 87,275 cusecs water from various rim stations with an inflow of 33,827cusecs, as reported by APP. According to the data released by IRSA, water level
December 10, 2021 (MLN): Pakistan’s exports had the fastest growth rate in South Asia in the month of November 2021, said Abdul Razak Dawood, Adviser to PM for Commerce and Investment. Making an announcement on
December 10, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1.71trillion into the market for 7 days at 9.02 percent. Summary of OMO Result
December 10, 2021: The Governor State Bank of Pakistan, Dr. Reza Baqir has been appointed as the Chairman of the Council of Islamic Financial Services Board (IFSB), Malaysia for the year 2022, the press release
December 10, 2021: National Electric Power Regulatory Authority (NEPRA) on Thursday notified Rs 4.74 per unit increase in tariff for October under the monthly fuel cost adjustment (FCA) mechanism. According to the notification, the said
December 9, 2021 (MLN): Pakistan's startup ecosystem has been able to secure over $300 million in funding this year after four e-commerce companies raise fresh funds, adviser to PM for Commerce and Investment Abdul Razaq
December 9, 2021 (MLN): Following the hike in the policy rate, the government on Thursday, increased profits rates on all national savings schemes by up to 2.4%, which would be effective from December 12, 2021.
December 09, 2021 (MLN): The Consumer Confidence Index (CCI) decreased by 19.6% QoQ in Q3 2021 compared to Q2 2021 (NI = 70.8), indicating deteriorating consumer sentiments, the findings of the CCI survey for Q3 2021, conducted
December 09, 2021 (MLN): The developing robust cybersecurity protocols and regulations will improve the overall governance regime in financial institutions by making cybersecurity as a boardroom agenda of financial institutions, said Dr. Reza Baqir, Governor State
December 9, 2021(MLN): Foreign exchange inflows through Roshan Digital Account (RDA) reached $2.92 billion in November 2021 since its launch in September 2020, indicating the increasing confidence of non-residents Pakistanis (NRPs), the latest data released
December 09, 2021 (MLN): Brother Gas, one of the leading oil & gas companies based in Dubai is planning to invest $15 million to build a bottling plant at Special Economic Zone in Faisalabad, Pakistan,
December 9, 2021(MLN): With a view to curb soaring import bill in the coming months, the government is likely to take certain policy measures such as the imposition of increased duties on luxury items including
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