April 06, 2022: The United States was expected to announce tough new sanctions on Russia Wednesday, including a ban on new investments, a day after Ukraine's president showed the UN Security Council harrowing
April 06, 2022 (MLN): After a strong economic rebound in fiscal year (FY) 2021, Pakistan’s economic growth is expected to moderate to 4% in FY2022 due to tighter fiscal and monetary policies before
April 05, 2022 (MLN): The total debt of the central government surged to Rs42.76 trillion in February 2022, compared to Rs38.7tr in June, witnessing a surge of Rs4.1tr or 10.5% in 8MFY22, the
April 05, 2022 (MLN): The price of Liquified Liquefied Petroleum Gas (LPG) has been slashed by Rs40 per kilogram mainly dur to the reduction in production cost of Oil and Gas Development Company
April 05, 2022 (MLN): Pakistan’s economy is likely to face severe consequences of the raging political noise and prevailing uncertainty. Since the day the no-confidence motion was requisitioned, the situation is getting worse
April 5, 2022 (MLN): The risks to global financial institutions’ (FI) credit profiles from a stagflation scenario associated with the Russia-Ukraine war are concentrated in emerging markets (EMs) and driven by sovereign linkages,
April 05, 2022 (MLN): The United Arab Emirates (UAE) has deferred over $2 billion debt for Pakistan to help ease pressure on falling foreign reserves and domestic currency. When Mettis Global reached out
April 5, 2022: Investors can invest on Pakistan Stock Exchange (PSX) through the highly simplified Sahulat Account. The Sahulat Account provides exceptional ease of account opening for investors whereby they can open a
April 05, 2022: Pakistan will import around 32.7 million barrels (MBL) of crude oil, during the year 2022, under an agreement signed with the Saudi Fund for Development (SFD) to meet its needs
April 05, 2022: Eurogroup President Paschal Donohoe said on Monday that the finance ministers of the euro zone discussed the consequences of the Russia-Ukraine conflict on the euro area economy, and they saw
April 05, 2022 (MLN): The total sales of Oil and Marketing Companies (OMCs) witnessed an upsurge of 19% MoM and 23% YoY to clock in at 1.82 million tons during March 2022. This
April 4, 2022 (MLN): The International Monetary Fund (IMF) remains committed to Pakistan's macroeconomic stability, a statement issued by Finance Division said on Monday. The statement stated that Finance Division and IMF remain
April 4, 2022 (MLN): Elevated food inflation following higher international food prices amid supply chain disruptions, led the CPI general inflation for March’22 to clock in at 12.7%YoY from 12.2% YoY last month,
April 04, 2022 (MLN): Pakistan's merchandise trade deficit for the month of March 2022 clocked in at $3.44 billion compared to a deficit of $3.1bn in the previous month, depicting an increase of
April 04, 2022: The Central Directorate of National Savings (CDNS) has decided to start Islamic finance and will start implementing its procedural work from next month to provide the facility of Islamic finance
October 28, 2021: China and Pakistan should join hands, learn from each other's experience in the field of information technology, strengthen cooperation, jointly drive the development and export of information technology and create a large
October 28, 2021: Pakistan Single Window Programme (PSWP) Project Director Muhammad Imran Khan Mohmand said on Wednesday that PSW Programme would reduce the cost of doing business and minimize the interface between the taxpayers and
October 27, 2021: Governor, State Bank of Pakistan, Dr. Reza Baqir appreciated the progress made by the banking industry in supporting low-cost housing finance for first-time homeowners under the Mera Pakistan Mera Ghar (MPMG). As
October 27, 2021: Building further on its vision to improve efficiency and transparency in the tax collection system, and to promote digital integration, the Federal Board of Revenue (FBR) has achieved another important milestone by
October 27, 2021: Adviser to the Prime Minister on Finance and Revenue, Shaukat Tarin said Wednesday that the government was taking a range of administrative, policy and relief measures to absorb the upward pressure on
October 27, 2021: The National Electric Power Regulatory Authority (NEPRA) on Wednesday concluded public hearing into monthly fuel cost adjustment (FCA) for XWDISCOs for September. The hearing was presided over by NEPRA Chairman Tauseef H
October 27, 2021: The government so far provided funds amounting to Rs 4,133.128 million during the current fiscal year to execute Information Technology and Telecommunication projects under the Public Sector Development Programme (PSDP 2021-22). The
October 27, 2021: Indus River System Authority (IRSA) Wednesday released 68212 cusecs water from various rim stations with an inflow of 68109 cusecs. According to the data released by IRSA, the water level in the
October 27, 2021 (MLN): Pakistan’s exports to China, Afghanistan, Iran, Turkey & the Central Asian Republics witnessed a growth of 35% during 1QFY22 to stand at $938 million as compared to $694 million in the
October 27, 2021 (MLN): Saudi Arabia has announced its financial support of $4.2 billion to Pakistan to help ease pressure on trade and increase foreign currency reserves. The financial assistance includes a $3bn deposit in
October 26, 2021 (MLN): Multinational companies operating in Pakistan repatriated $477.7 million in profit and dividends on investments in the country during the first quarter of the ongoing fiscal year which was 17% lower than
October 26, 2021 (MLN): Pak Rupee's Real Effective Exchange Rate Index (REER) fell to a provisional value of 95.86 in September 2021, showing a depreciation of 0.71% when compared to the revised value of 96.54
October 26, 2021: The federal government has released Rs 57,024 million for the National Highway Authority (NHA) road infrastructure schemes under the Public Sector Development Programme (PSDP) 2021-2022 till September 3. Out of the released
October 26, 2021: National Electric Power Regulatory Authority (NEPRA) on Tuesday notified 69 paisa increase in power tariff for the month of July for K-Electric under monthly fuel cost adjustment (FCA) mechanism. The Authority approved
October 26, 2021 (MLN): Pakistan has received $3.204 billion foreign assistance during 1QFY22 i.e., July- September from multiple financing sources against the annual budget estimates of $14.09bn for the entire fiscal year FY22. In its
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