March 28, 2022: Punjab Chief Minister Sardar Usman Buzdar said on Monday that wheat would be procured from farmers at the rate of Rs2,200 per maund as the provincial cabinet approved buying 3500,000 metric
March 28, 2022: The SECP’s Registrar Modaraba, with approval of the Religious Board, authorized the floatation of Burj Clean Energy Modaraba (an Islamic Financial Institution) managed by Burj Modaraba Management Company (Private) Limited,
March 28, 2022 (MLN): Pakistan’s economic performance continues to be strong and is still on a trajectory compatible with an economic growth target of around 5 percent in the current fiscal year, said
March 28, 2022 (MLN): The non-government sector has borrowed another net sum of Rs36.4 billion during the week ended March 11, 2022, which brings the cumulative net borrowing for the ongoing fiscal year
March 28, 2022 (MLN): The government of Pakistan has acquired an additional debt of Rs59.7 billion during the week ended March 11 2022, which brings its total net borrowing for the ongoing fiscal
March 28, 2022: Keeping the fresh arrival of Wheat stocks and future consumption, the Federal Minister for Finance and Revenue Mr. Shaukat Tarin directed Ministry of National Food Security & Research (NFS&R) to workout
March 28, 2022 (MLN): The prices of local rebar have been surged by Rs7,000 per ton, taking the new local rebar prices to Rs216,000 per ton and Rs214,000 per ton for deform and Xtreme
March 28, 2022 (MLN): Pakistan received fresh external loans of $12.18 billion in the first eight months of the ongoing fiscal i.e., July- February FY22 from multiple financing sources against the annual budget
March 27, 2022: In a major operation against smugglers, Pakistan Customs(FBR), Quetta has seized 11 containers fully stuffed with smuggled goods. In a well-coordinated and successful operation on Saturday and Sunday nights in
March 27, 2022 (MLN): 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
March 27, 2022 (MLN): The economic roundup contains the recent economic developments and financial data releases over the course of the week to keep an eye on next week’s trend. The weekly Sensitive
March 27, 2022: Federal Board of Revenue(FBR) has collected sales tax amounting to Rs.26.5 billion in the first four months (i.e. Dec,21 to Mar, 22) of the current crushing season as against Rs19.9bn collected
March 26, 2022: In the developing world, one of the pivotal concerns remains the finite spending capability of governments to bridge the infrastructure financing gap. It is for this reason that attracting private
March 25, 2022 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Friday, approved the summary submitted by Petroleum Division on High-Speed Diesel (HSD)/ Gas Oil Premium and directed to revise the
March 26, 2022: The Central Development Working Party (CDWP) on Friday has recommended four development projects worth 352.9 billion to the Executive Committee of the National Economic Council (ECNEC) for approval. The meeting
October 15, 2021 (MLN): The government of Pakistan has retired a net sum of Rs.31.57 billion during the week ended October 01, 2021, which brings its total net retirement for ongoing fiscal year FY2022 to
October 15, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Friday, in which it injected Rs2,187.4 billion into the market for 7 days at 7.33 percent. Summary of OMO
October 15, 2021: Prime Minister Imran Khan chaired a review meeting on Ravi Urban Development Authority (RUDA) and Central Business District (CBD), Walton. The Prime Minister said, “Both RUDA and CBD are flagship real estate
October 15, 2021 (MLN): The total liquid foreign reserves held by the country stood at US$ 25,969.4 million on 08-October-2021. On Oct 1, 2021, it was at US$ 25,999.9 million, which means that Pakistan's FX
October 15, 2021: During the call by British High Commissioner H.E Christian Turner, Federal Minister for Energy Muhammad Hammad Azhar said that the government had decided to impose a complete ban on energy projects based
October 15, 2021: Federal Minister for Finance and Revenue Mr. Shaukat Tarin said that Government is firmly committed to all-inclusive and sustainable economic growth with a key focus on the “bottom-up” approach as envisaged by
October 15, 2021: Foreign Minister Shah Mahmood Qureshi Thursday said that Pakistan's shift of focus from geopolitics to geo-economics, improved security environment, and enhanced ranking of Pakistan in the Ease of Doing Business index, offered
October 15, 2021: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Zubair Motiwala has urged all shopkeepers and small traders to exhibit complete unity and solidarity under KCCI’s umbrella
October 15, 2021: The Special Technology Zones Authority (STZA) has signed three Memorandum of Understanding (MoUs) with international companies to attract foreign direct investment, technology transfer, and job creation into newly established technology zones across
October 14, 2021: Important meeting regarding the revival of Pakistan Steel Mills Corporation (PSMC) held under the chairmanship of Federal Minister for Privatisation and Minister for Industries & Production Makhdoom Khusro Bakhtiar. The Federal Secretary
October 14, 2021 (MLN): To absorb the impact of Rupee depreciation and rise in international coal prices, Cement manufacturers are expected to increase cement prices by Rs25 to Rs30 per bag of 50kg, industry sources
October 14, 2021: Deposit Protection Corporation (DPC) has issued its first Annual Report today, since the commencement of business in June 2018. The report highlights significant developments made in the areas of deposit protection framework,
October 14, 2021 (MLN): Pakistan Pavilion has received 55,000 visitors in its Opening week of Expo 2020 in Dubai. While making an announcement on Twitter, Adviser to Prime Minister for Commerce and Investment, Abdul Razak
October 14, 2021: The World Bank (WB) Thursday acknowledged that a lot of progress had been made on implementation of structural reforms in various sectors by Pakistan, stressing that there was need to keep up
October 14, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation on Thursday, in which it moped up Rs25 billion from the market for 1 day at 7.24 percent. Summary of
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