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

MPS Preview: High for Longer

Textile exports continue record streak in Oct’21

November 16, 2021 (MLN): Pakistan’s textile exports continued their record-breaking streak during Oct’21, depicting an upsurge of 24% YoY and 7.65% MoM. This takes the total textile exports during the first four-month of

SBP to announce monetary policy on November 19

November 16, 2021: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to bring forward its next meeting from the previously announced date of November 26, 2021. The

IEA says oil price rally may start to ease

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

OMO Result: SBP injects Rs 129.2bn for 3 days

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

Country’s sugar stock stands at 635,000 MTs

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

ECC okays Rs134.78 billion for payment to IPPs

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

PM rejects further hike in POL prices

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

Privatization of HEC accelerates to final stages

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

IRSA releases 112,757 cusecs water

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

OMO Result: SBP injects Rs 117bn for 4 days

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

Fitch rates Wapda’s USD-denominated notes ‘B-‘

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

WAPDA to sell Green Bonds worth $500million

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

Oil Imports surge by 97% YoY in April’21

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