Nov 16, 2021: The International Energy Agency (IEA) said Tuesday a reprieve from soaring oil prices may be on the horizon as output increases. Shortages of natural gas and coal have triggered a
November 16, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs129.2 billion into the market for 3 days at 7.55 percent. Summary of
November 16, 2021 (MLN): Despite a 60% increase in the sugar import volume- 90,195 metric tons (MTs) during October 21, compared to the import volume in September'21, the country is only left with 635,000 metric
November 16, 2021 (MLN): With just 1.44% of the country’s total farms using modern irrigation systems in rural areas, cultivation of major crops in the country witnessed a meagre increase during the 12
November 16, 2021: Under the reform initiatives within the Energy and Capital Markets Sectors, the government intends to move away 70% of energy production from fossil fuels to hydel-based and renewable sources by
November 16, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet on Monday has approved Rs134.783 billion for payment to IPPs on the second instalment (60%) as per the payment mechanism. The
November 16, 2021 (MLN): The government on Monday decided to maintain the price of petroleum products for the next fortnightly in order to provide maximum relief to the general public. Despite rising petroleum
November 16, 2021: Consul General of Indonesia Dr. Jun Kuncoro Hadiningrat has said that Indonesia wants to further develop trade and economic relations with Pakistan by boosting cooperation between the business communities and
November 15, 2021: Building upon its initiative of end-to-end digitization of regulatory approval process, known as Regulatory Approval System (RAS), State Bank of Pakistan (SBP) has now achieved another milestone by launching a
November 15, 2021: The privatisation of the Heavy Electrical Complex (HEC) has entered into its final stages. HEC is a Government-owned entity under the administrative control of State Engineering Corporation the share of
November 15, 2021: To strengthen the link between industry and academia in the field of Islamic Finance & Economics, Mettis Global Pvt. Ltd, a leading financial data provider, and IBA Centre for Excellence
November 15, 2021: Indus River System Authority (IRSA) Monday released 112,757 cusecs water from various rim stations with an inflow of 47,377 cusecs. According to the data released by IRSA, water level in
November 15, 2021 (MLN): The State Bank of Pakistan (SBP) conducted an Open Market Operation today, in which it injected Rs117 billion into the market for 4 Days at 7.5 percent. Summary of
November 15, 2021: Europe's main stock markets steadied at the open Monday, with investors sitting tight before key inflation updates out of the eurozone and UK this week. London's benchmark FTSE 100 index
November 15, 2021 (MLN): Inward workers’ remittances continued their strong streak during October as inflows jumped by 10% year-on-year to $2.5 billion, latest data released by the State Bank of Pakistan (SBP) showed.
May 25, 2021 (MLN): Pakistan’s trade deficit in services narrowed by 65% YoY to $57million during the month of April 2021 from $162mn in the same month a year ago on an account of higher
May 25, 2021: All Pakistan Fruit & Vegetable Exporters, Importers & Merchants Association (PFVA) has announced a mango export target of 150000 metric tons for the current mango season which would fetch valuable foreign exchange
May 25, 2021 (MLN): Two mango treatment facilities in Pakistan have been approved by Australian authorities for export of Mangoes, Adviser to Prime Minister of Pakistan for Commerce and Investment Abdul Razak Dawood said on
May 25, 2021 (MLN): The Executive Committee of the National Economic Council (ECNEC), in its meeting which is scheduled to take place on Wednesday, 26th May 2021. The important agendas for this meeting comprised of
May 25, 2021 (MLN): Pakistan’s current account balance posted a small deficit of USD 200 million in April 2021, depicting a decline of 61% when compared to April 2020. The cumulative surplus in the current
May 25, 2021 (MLN): The Economic Coordination Committee (ECC) of the Cabinet, in its meeting which is scheduled to take place on Wednesday, 26th May 2021, will be discussing the matter related to the Implementation
May 25, 2021 (MLN): National Power Regulatory Authority (NEPRA) has informed that the Public hearing on the CCPA petition for a fuel price adjustment (FCA) for April 2021 will be conducted on Wednesday, June 2,
May 25, 2021 (MLN): Pakistan’s circular debt build-up during July-April this fiscal year is Rs 260 billion against Rs 449 billion reported same period last year, showing a reduction of Rs 189 billion. Making an
May 25, 2021: Minister for Finance and Revenue Shaukat Tarin says the impact of PTI government’s prudent economic policies would be witnessed in the upcoming budget. In an interview with a private news channel, he
May 25, 2021: The New-York based ratings agency Fitch has assigned the Water and Power Development Authority's (Wapda) proposed USD-denominated unsecured notes a rating of ‘B-‘, a press release issued by the rating agency showed
May 25, 2021: Minister for Economic Affairs Omar Ayub Khan has emphasized for timely completion of foreign-funded projects in different sectors. He was chairing a meeting of the National Coordination Committee on Foreign-Funded Projects on-road
May 24, 2021: Apropos media reports about the Plant & Machinery valuation conducted by M/s Joseph Lobo, third party valuer appointed by the Pakistan Steel Mills Corp (PSMC) and the role of Privatisation Commission (PC),
May 24, 2021 (MLN): Water and Power Development Authority (WAPDA) is all set to issue $500million Green Bonds in the global market to help accelerate the pace of expansion in water reservoirs. The upcoming dollar-denominated
May 24, 2021 (MLN): Since Pakistan’s economy is still in the phase of recovery amid the third wave of the Covid-19 pandemic and the economic activities are restoring back to normal. As a result, the
May 24, 2021: The government has released so far funds amounting to Rs707.78million, during the current fiscal year, to execute around 15 aviation sector projects under the Public Sector Development Programme (PSDP 2020-21). According to
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