Mettis Global News
Mettis Global News
Mettis Global News
Mettis Global News

MPS Preview: High for Longer

IT Ministry foils cyberattack on NTC system

May 11, 2022 (MLN): Federal Minister for IT and Telecom Aminul Haque on Tuesday stated that the cyberattack attempted on the NTC system of the ministry was foiled. There are websites of various departments

Govt reverting to old urea price of Rs1,768 per bag

May 11, 2022 (MLN): Federal Minister for Industries and Production Makhdoom Syed Murtaza Mahmud said that the government is reverting urea price to the old price i.e. Rs1768/bag to provide relief to farmers.

IRSA releases 16,4531 cusecs water

May 11, 2022: Indus River System Authority (IRSA) Wednesday released 164,531 cusecs water from various rim stations with an inflow of 179,881cases. According to the data released by IRSA, the water level in

Weekly Economic Roundup

November 28, 2021 (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. The weekly Sensitive Price Indicator (SPI) for

Weekly SPI falls by 0.67%

November 26, 2021 (MLN): The weekly Sensitive Price Indicator (SPI) for the combined group recorded a decrease of 0.67% WoW during the week ended November 25, 2021, with vegetable prices showing signs of decline, weekly

Rs18.19bn released for NTDC, PEPCO projects

November 26, 2021: The government has released a sum of Rs18.188 billion for various projects of National Transmission and Despatch Company (NTDC) and Pakistan Electric Power Company (PEPCO) so far under the annual Public Sector

OMO Result: SBP injects Rs 1.775tr for 7 days

November 26, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs1,775 billion into the market for 7 days at 8.91%.     Amount (Rs in

FX reserves hit 8-month low

November 26, 2021 (MLN): Foreign exchange reserves held by the country plummeted to an eight-month low at $22.77 billion during the week ended on November 19, 2021, due to an outflow of $961 million on

Petrol dealers end strike as govt agrees to hike margins

November 26, 2021(MLN): The Pakistan Petroleum Dealers Association (PPDA) has called off the strike on Thursday night after the assurance from the government that profit margins will be increased by 99 paisa per litre or

PC board approves hiring of FAs for 17 unsold properties

November 25, 2021: The Privatisation Commission (PC) board unanimously approved the hiring of Financial Advisors (FAs) for the sale of 17 unsold properties owned by the federal government, a press release issued by the board

Government debt rises by 12.8% to Rs40.26tr in Sept’21

November 25, 2021(MLN): The total debt of the central government during July-September 2021 surged by Rs4.56trillion or around 12.8% YoY to stand at Rs40.26tr when compared to Rs35.68tr recorded in the same period of FY21,

Consumers’ confidence in economy wanes as inflation rises

November 25, 2021 (MLN): Consumers’ confidence took a dip during October and November indicating their worsening financial standing and poor economic outlook for the months ahead, findings of the State Bank of Pakistan’s November Consumer

PSO, Shell to keep company outlets open on Thursday

November 24, 2021 (MLN): In view of the announced strike by the Pakistan Petroleum Dealers Association (PPDA), Pakistan State Oil (PSO) and Shell Pakistan have announced to keep company-operated retail outlets open on November 25, the

SBP releases annual state of economy report

November 24, 2021: The State Bank of Pakistan released today its Annual Report on the State of Pakistan’s Economy reviewing the fiscal year 2020-21.  According to the report, Pakistan’ economy rebounded during FY21, with real