December 20, 2021 (MLN): The State Bank of Pakistan (SBP) has set a credit disbursement target for the agriculture sector at Rs1.7trillion for FY22, which is 21% higher from FY21, SBP tweeted today.
December 20, 2021: Turkey's troubled lira nosedived Monday after President Recep Tayyip Erdogan cited Muslim teachings to justify not raising interest rates to stabilize the currency. Erdogan has pushed the central bank to
December 20, 2021 (MLN): Neither Pakistan was near to bankruptcy in the past nor there is any likelihood for this to happen in the future, Dr. Shahid Hasan Siddique, Senior Economist and Chairman Research
December 20, 2021 (MLN): Central Power Purchasing Agency (CPPA) has proposed an increase of Rs4.3329/kWh over the reference fuel charges of Rs3.738/kWh under fuel price adjustment for the month of November 2021 for
December 20, 2021 (MLN): Power generation increased by 13.4% YoY to 8,482 GWh during Nov’2021 compared to 7,479 GWh in Nov’20, backed by the higher generation from hydel, nuclear, and coal, monthly power
December 20, 2021 (MLN): Pakistan imported mobile phones worth $212mn during November 2021, showing a growth of 28% YoY and 41.6% MoM, according to the latest data released by Pakistan Bureau of Statistics
December 20, 2021: The State Bank of Pakistan (SBP) has fixed the limit of individual purchase of foreign exchange which shall not be more than $10,000 per day and $100,000 per year or equivalent
December 20, 2021: Asian stocks fell on Monday on fears about a fresh global surge in coronavirus infections and as the future of US President Joe Biden's massive social spending bill was thrown
December 19, 2021 (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
December 19, 2021 (MLN): The weekly economic roundup summarizes the country's key economic and financial data for the week from various sectors to keep an eye on next week's trends. After three weeks
December 19, 2021 (MLN): Continuing its winning streak, Pakistan’s textile exports touched a historic high level of $1.74 billion during November 2021, depicting an upsurge of 35% YoY and 8.5% MoM. This takes
December 18, 2021 (MLN): The import bill of petroleum products reached $8.4 billion during five months of the fiscal year 2022, witnessing a twofold surge as compared to $4bn in the same period
December 18, 2021 (MLN): The trade value of food exports from the country in November’21 stood at around $514.7 million, registering a surge of 26.44% YoY and 25.58% MoM from $407.08mn in November’20
December 18, 2021 (MLN): Pakistan’s cotton production soared by 43.83% to 7.274 million bales up to December 15, 2021, as opposed to 5.057 million bales produced in the same period of last year,
Dec 18, 2021: The Economic Coordination Committee (ECC) of the Cabinet on Friday discussed the summary of Ehsaas Targeted Commodity Subsidy Program (ETCSP) worth Rs106.102 billion presented by the Poverty Alleviation and Social
June 21, 2021 (MLN): The total export of textile products witnessed a fall in the month of May 2021 as it declined by 20.5% MoM to clock in at $1.06 billion. When compared with the
June 21, 2021: Special Assistant to the Prime Minister on Food Security Jamshed Iqbal Cheema says the government has allocated funds of 33 billion rupees for the uplift of the agriculture sector. Talking to newsmen
June 21, 2021: Prime Minister Imran Khan says Dasu Hydro Power Project is one of the projects which will immensely benefit the country upon their completion by 2028. In a pinned tweet with a video
June 21, 2021: Minister for Finance Shaukat Tarin says the government has allocated huge funds for development projects and social sector improvement. Talking to PTV, he said health sahulat cards, loans for farmers and youth,
Market Data and Economic Indicators Weekly Performance Jun 18, 2021 Jun 11, 2021 PKR InterBank 156.8926 155.7430 KSE100 Index 48,238.67 48,304.72 Avg Daily Volume 1,049,398,093 1,079,056,832 Gold (Karachi) Rs/10 gm 91,992 94,736 KIBOR 6M
June 20, 2021 (MLN): The latest weekly roundup is here to update few financial and economic releases, providing a guide to monitor trends in the upcoming week. The Weekly Sensitive Price Indicator (SPI) for the
June 20, 2021 (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 Pakistan’s economic
June 19, 2021 (MLN): After attracting indignation from livestock farmers, bodies representing the livestock sector, and food experts, the government have decided to withdraw the increase in general sales tax (GST) on dairy products and
June 19, 2021 (MLN): Pakistan's trade deficit for 11months (July-May) FY21 was USD27.463 billion compared to a deficit of USD21.054 billion from the corresponding period from FY20, depicting a growth of 30% YoY. According to
June 19, 2021 (MLN): Electricity generation in May rose by 8.3% year-on-year to 13,010 GWh, the latest data released by the National Electric Power Regulatory Authority (Nepra) showed on Saturday. On a month-on-month basis, generation
June 19, 2021: The World Bank’s Board of Executive Directors approved $442 million on Friday in financing to support Pakistan in improving access to water and sanitation services for the most vulnerable rural communities in
June 19, 2021 (MLN): Power tariff for the consumers of Ex-Wapda Distribution Companies (Discos) may come down by about 12 paisa per unit on account of monthly fuel charges adjustment for the month of May
June 19, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.28% during the week ended Jun 17, 2021 while the SPI increased by 14.52% compared to the corresponding period
June 18, 2021 (MLN): Pakistan’s Power Sector has received the highest net FDI worth $856.1 million, up by 16% YoY during Jul-May FY21, followed by the Financial Businesses and Oil & Gas Exploration sector with net
June 18, 2021 (MLN): Signifying the strong bilateral trading and investment relations that have been growing over the years, China has retained the top position as a foreign direct investor in Pakistan during Jul-May FY21,
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