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

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SBP, MCCI organize 2-day SME Mela in Multan

January 26, 2022: The State Bank of Pakistan (SBP) in collaboration with Multan Chamber of Commerce & Industry (MCCI) organized a two-day SME Mela on January 24-25, 2022, said a press release issued

SBP raises Rs729bn through T-bills auction

January 26, 2022 (MLN): The State Bank of Pakistan (SBP) conducted an auction on Wednesday in which it sold Market Treasury Bills (MTBs) worth Rs729 billion, against its target of Rs650bn. Despite SBP’s

Govt eyes export of smartphones: Hammad Azhar

January 26, 2022 (MLN): Minister of Energy Hammad Azhar on Wednesday said that 70% of smartphones are now assembled in the country after the launch of Mobile Manufacturing Policy adding the government's next

Pakistan gets $9.43bn foreign loans in 1HFY22

January 26, 2022 (MLN): Pakistan obtained fresh external loans of $9.43 billion in the first half of the ongoing fiscal year i.e., July- Dec FY22 from multiple financing sources including $3bn time deposits

IMF board to take up 6th review on February 2

January 26, 2022 (MLN): The International Monetary Fund (IMF) executive board will now meet on February 2, 2022, for Pakistan's sixth review under the Extended Fund Facility (EFF), the IMF board’s updated calendar

MPS review: Taking a pause

January 25, 2022 (MLN): The discussions coupled with the analysis of every factor before the Monetary Policy Committee (MPC) meeting always grabbed the attention of market participants and build their expectations accordingly. However, this time, the

FBR unfreezes PIA bank accounts

Jan 25, 2022: The Federal Board of Revenue (FBR) on Tuesday decided to unfreeze the bank accounts of Pakistan International Airlines (PIA). According to spokesperson PIA, the decision was taken during the meeting

Govt providing maximum support to farmers: PM

August 12, 2021: Prime Minister Imran Khan has said it is his vision to support farmers, enabling them to increase their income, which is critical to decrease poverty, bring down prices of essential items, and

ECC approves financial impact of NRLP

August 12, 2021: Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet yesterday.  The Secretary Finance made a detailed presentation on National Remittance

VIVO sets up its first production unit in Pakistan

August 11, 2021 (MLN): Vivo Pakistan has set up its first production unit in Pakistan. While applauding the company via Twitter handle on setting up a production unit in Pakistan, which is it's first in

PC holds a pre-bid meeting for privatization of HEC

August 11, 2021: A pre-bid meeting for privatization of heavy electrical Complex was held on Tuesday in Privatisation Commission under the chairmanship of Federal Minister for Privatisation Mohammedmian Soomro (via Zoom). The meeting was attended

Rs10bn cash rewards pin IT sector’s hope sky high

August 11, 2021 (MLN):  In a recent development, Finance Minister Shaukat Tarin has approved a fund of Rs10 billion to extend cash rewards to IT companies on Tuesday to appreciate their significant contribution towards exports.

Govt extends subsidy of Rs30bn to consumers through USC

August 11, 2021: The National Assembly was informed on Tuesday that the government has extended a subsidy of thirty billion rupees to the consumers through Utility Stores Corporation (USC). Responding to a calling attention notice,

Pakistan, Niger enjoy strong relations: Minister

August 11, 2021: Foreign Minister Shah Mahmood Qureshi says Pakistan wants to promote cooperation with African countries, including Niger, in diverse fields, particularly trade and economy. Talking to President Niger National Assembly Seyni Oumarou in

Pakistan highly values relations with Ukraine: Minister

August 11, 2021: Foreign Minister Shah Mahmood Qureshi has emphasized that Pakistan highly values its relations with Ukraine and desired further to enhance bilateral cooperation in all areas of mutual interest including political, trade and

Irsa releases 254382 cuseces water

Aug 10, 2021: Indus River System Authority ( IRSA ) on Tuesday released 254382 cusecs water from various rim stations with inflow of 298839 cusecs. According to the data released by IRSA, water level in

Money Supply swells by 11% to Rs27.74tn during FY21

August 10, 2021 (MLN): The total money supply circulating within the economy by the end of FY21 has been recorded at around Rs27.74trillion, according to provisional accounts on Monetary Aggregates for the month, maintained by