Nov 24, 2021: The Oil and Gas Regulatory Authority (OGRA) on Wednesday took a serious notice of the ‘people/entities’ who were making attempts to disrupt the fuel supply chain at petrol pumps in
November 24, 2021 (MLN): The total deposits held by commercial banks have shown a growth of 16% YoY to Rs19.34 trillion in Oct’21, compared to Rs16.66tr in the same month of last year
November 24, 2021: The State Bank of Pakistan released today its Annual Report on the State of Pakistan’s Economy reviewing the fiscal year 2020-21. According to the report, Pakistan’ economy rebounded during FY21,
November 24, 2021 (MLN): The finance division denied the media news item which says that Shaukat Tarin, Advisor to the Prime Minister on Finance and Revenue has admitted that government could not purchase LNG cargoes
November 24, 2021 (MLN): The federal cabinet approved the second tranche payment amounting to Rs134.783 billion to the independent power producers (IPPs) as per the payment mechanism, according to the media sources on
November 24, 2021 (MLN): Pakistan’s recent policy adjustments and demonstrated access to external financing, as well as its commitment to a market-determined exchange rate, offset rising external risks from a widening current-account deficit,
November 24, 2021: Prime Minister of Pakistan Imran Khan called the rollout of the Track & Trace System (TTS) a watershed event in the development of Pakistan’s economy and hoped that it would
November 23, 2021: The Competition Commission of Pakistan (CCP) will resume its enquiry in the cooking oil and ghee sector after the honourable Supreme Court of Pakistan admitted for hearing its leave to
November 23, 2021 (MLN): Kurram Tangi Dam Project’s Stage-I, being constructed in North Waziristan district of Khyber Pakhtunkhwa Province, will be completed by June 2023, said by Lt Gen Muzammil Hussain (Retd), Chairman,
November 23, 2021 (MLN): In an attempt to arrest the brewing inflation, and correct the widening current account deficit which has created huge pressure on the Pakistani rupee (PKR) amid higher import bill, the
November 23, 2021 (MLN): Recent record-high global gas prices is expected to result in a mixed performance among rated gas producers and major energy and utilities importers within APAC, says Fitch Ratings in
November 23, 2021 (MLN): Pakistan borrowed fresh external loans of $3.90 billion in the first four months of the ongoing fiscal i.e., July- Oct FY22 from multiple financing sources against the annual budget
November 23, 2021 (MLN): Fitch Ratings in its report issued today, expects an improving operating environment for the APAC power and renewables sector in 2022, as most of the region continues to experience
November 23, 2021: The SECP has introduced amendments in the Companies Regulations, 2020 to address the impediments faced by the corporate sector, particularly startups and small companies, in raising equity through conventional modes,
November 23, 2021 (MLN): Fitch Ratings forecasts an improving operating environment for Asia-Pacific (APAC) airports in 2022 as international travel resumes, with tourism returning faster than business travel, the American credit rating agency
May 29, 2021 (MLN): The total value of imports during 10MFY21 stood at 42.31billion posted an upsurge of 13.49% compared to the same period last year. In the month of April’21 alone, total imports to
May 28, 2021 (MLN): The country’s total exports have posted a growth of 6.54 percent to around $21billion during the first ten months (July-April) of the current fiscal year as compared $19.7billion in the corresponding
May 28, 2021: Industries and business groups across the country have demanded the government to restore exemption on inter-corporate dividends as it is leading to double taxation, discouraging companies to freely go for expansion or
May 28, 2021: A meeting of the Sub Committee of the Cabinet Committee on Privatization chaired by Finance Minister Shaukat Tarin was held in Islamabad. It reviewed the progress on the privatization of National Power
May 28, 2021: Prime Minister Imran Khan says the government is taking all-out steps to incentivize investors for promotion of industrialization and exports in the country. He was addressing the ceremony of a commercial launch
May 28, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.63% during the week ended May 27, 2021 while the SPI increased by 16.34% compared to the corresponding period
May 28, 2021 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) in its meeting held on May 28, 2021 in Karachi, has decided to maintain the policy rate at 7
While microfinance is not exactly a novel concept, its popularity took a different stage after the works of Muhammad Yunus, the Bangladeshi Nobel laureate, founded Grameen Bank. The next transformational shift in the industry came
May 28, 2021 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during July-Apr FY21, followed by United Arab Emirates (UAE), Singapore, the USA, and Saudi Arabia. According to
May 28, 2021 (MLN): USA remained as the top export destination for Pakistan with $4billion worth of shipments in Jul-Apr FY21, against the exports of $3.37bn in the same period of last year, showing an
May 28, 2021 (MLN): The annual plan coordination committee has endorsed the GDP growth forecast of 4.8% for next year developed by the planning commission, said Asad Umar. The Federal Minister for Planning, Development &
May 28, 2021: Minister for Finance Shaukat Tarin has said the government instead of imposing new taxes in the upcoming budget will broaden the tax base with the use of technology to generate revenue. Talking
May 28, 2021: Federal Minister for Privatisation Mohammedmian Soomro held a meeting with Governor State Bank via Zoom yesterday. The objective was to seek assistance from the SBP in resolving the inherent issues related to
May 28, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared thirteen development projects with a cost of Rs38billion in the forum. Senior officials from Planning Commission and
May 27 2021: Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. KEY RATING DRIVERS Pakistan's 'B-' rating reflects weak public finances, external finance vulnerabilities, and low
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