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

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Money supply reaches Rs28.12tr in January

March 1, 2022 (MLN): The total money supply circulating within the economy during the seventh month of FY22 has been recorded at around Rs28.12 trillion, according to provisional accounts on Monetary Aggregates for

Govt slashes petrol prices despite global rise

February 28, 2022 (MLN): The government on Monday announced a cut in petrol prices despite the limited fiscal space and a steep rise in the global oil market amid the Ukraine-Russia war.  According

LPG price increases by Rs318.74 per 11.8-kg cylinder

February 28, 2022: The oil and Gas Regulatory Authority (OGRA) on Monday issued a price-revision notification of Liquefied Petroleum Gas (LPG) for the month of March, increasing the commodity price by Rs318.74 per 11.8-kilogram

FBR seizes 8.5KGs ICE valuing Rs257mn

February 28, 2022: In continuation with FBR's policy of crackdown against the menace of narcotics/drugs, Collectorate of Customs, Gwadar again in yet another intelligence-based successful operation on 27.02.2022 seized 8.5 kg of high-quality

FBR knocks down February’22 revenue target

February 28, 2022: Building further on its ongoing momentum for revenue collection, the Federal Board of Revenue (FBR) has not only achieved its assigned target of Rs441 billion fixed for February 2022 but

KCCI, CEC ink Memorandum of Cooperation

February 28, 2022: The Karachi Chamber of Commerce & Industry (KCCI) has signed a Memorandum of Cooperation (MoC) with the UK-based Commonwealth Entrepreneurs Club (CEC) to promote SMEs and enhance their role in

NCC reviews SMEs policy draft

Sep 23, 2021: The National Coordination Committee (NCC) on Thursday reviewed the Small and Medium Enterprises (SME) policy draft to regulation and simplification of tax regime for SMEs countrywide. The forum comprehensively deliberated upon the

SBP revises Prudential Regulations for consumer financing

September 23, 2021: State Bank of Pakistan (SBP) has revised prudential regulations for consumer financing to moderate import and demand growth. This targeted step will help to moderate demand growth in the economy, leading to

IRSA releases 198,390 cusecs water

September 23, 2021: Indus River System Authority (IRSA) Thursday released 198,390 cusecs water from various rim stations with inflow of 176992 cusecs. According to the data released by IRSA, water level in the Indus River

MoC releases new refunds of Rs6bn under DLTL scheme

September 23, 2021 (MLN): Ministry of Commerce (MoC) has released new refunds worth Rs6 billion under the Duty Drawback on Local Taxes and Levies (DLTL) schemes. This includes Rs5.4bn for the textile sector and Rs600

Pakistan receives $2.38bn foreign aid during July-Aug’21

September 23, 2021 (MLN): Pakistan has received $2.38 billion foreign assistance during the first two months of the fiscal year 2021-22 i.e., July- August from multiple financing sources against the annual budget estimates of $14.09bn

IT Ministry Marks Phase 2 of Google CS First Program

September 23, 2021: In collaboration with the Ministry of Information Technology and Telecom, Tech Valley along with Telecom Foundation and Virtual University successfully expanded the footprint of the CS First program to multiple provinces of

Pakistan, Turkey to enhance Trade through ITI corridor

September 22, 2021 (MLN): Mian Nasser Hyatt Maggo, President FPCCI, has heartily welcomed the operationalization of road-based transport and trade between the two brotherly Muslim countries of Pakistan & Turkey. In a historic event, the

Strong cement demand to allow price hike in months to come

September 21, 2021 (MLN): Being one of the significant building blocks of growth and development, the Cement sector always remains under the surveillance of policymakers and market analysts. As a result of the declining infection