October 13, 2021: Federal Minister for Privatisation, Mohammedmian Soomro chaired a Privatisation progress review meeting in the Ministry today. Federal Secretary Privatisation and other senior officials of the Ministry and Privatisation Commission attended
October 13, 2021 (MLN): Abdul Razak Dawood, Adviser to PM for Commerce and Investment said that diversification of exports is an important pillar of the government’s export strategy. Taking to his Twitter handle,
Oct 13, 2021: The Ministry of Energy (Petroleum Division) on Wednesday awarded licences to carry out oil and gas exploration activities in Attock district of Punjab province and Loralai district of Balochistan, under
October 13, 2021: Britain's economy rebounded in August after the lifting of coronavirus restrictions, but unexpectedly shrank the previous month, official data showed Wednesday. Gross domestic product grew 0.4 percent in August, the first
October 13, 2021: President Dr. Arif Alvi has urged the need to bring the country’s Information Technology sector at par with European and US standards besides ensuring data security. Talking to a delegation
October 13, 2021: Central banks in Frontier Markets (FMs) have stepped up their efforts to contain rising inflation caused by ongoing supply-chain disruptions, logistical issues and soaring commodity prices, as shown in Fitch
October 13, 2021: The EU on Wednesday will present a “toolbox” of measures to mitigate an energy crunch that threatens to send Europeans' power bills soaring. The European Commission has been under pressure
October 13, 2021: Special Assistant to the Prime Minister on Food Security Jamshed Iqbal Cheema says government will provide sugar to the people at 80 rupees per kg. In a statement on Tuesday,
October 13, 2021: Energy prices, which have soared in recent days, are likely to remain high in the coming months but begin to retreat early next year, IMF chief economist Gita Gopinath told
October 13, 2021: The International Monetary Fund (IMF) Tuesday projected Pakistan’s real Gross Domestic Product (GDP) to grow by 4.0% in the current fiscal year (2021-22). In its recent report “World Economic Outlook
October 13, 2021: Oil and Gas Regulatory Authority (OGRA) Tuesday notified the revised price of Re-gasified Liquefied Natural Gas (RLNG) on networks of the SSGC and SNGPL for the current month with a
October 13, 2021: The ongoing hit from the Covid-19 pandemic and the failure to distribute vaccines worldwide is worsening the economic divide and darkening prospects for developing nations, the IMF said Tuesday. Global
October 12, 2021 (MLN): The number of passenger cars sold in the country witnessed an upsurge of whopping 81% YoY to 57,539 units during 1QFY22 on the back of the announcement of duty
October 12, 2021: President Karachi Chamber of Commerce & Industry (KCCI) Muhammad Idrees, while highly criticizing FBR’s decision to revoke the clause that made it mandatory to warn defaulters 24 hours before freezing
Oct 12, 2021: The global trade finance gap grew to an all-time high of 1.7 trillion dollars in 2020, a 15-percent increase from two years earlier, as the pandemic heightened economic and financial
April 02, 2021 (MLN): Pakistan's trade deficit for 9 months (July-March) FY21 was USD 20.83 billion compared to a deficit of USD 17.35 billion from the corresponding period from FY20. According to data released by
April 02, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.43% during the week ended Apr 01, 2021 while the SPI increased by 17.21% compared to the corresponding period
April 2, 2021: The National Assembly was informed on Friday that there is no plan to privatize any of the assets of Pakistan International Airlines (PIA). Minister for Aviation Ghulam Sarwar Khan told the house
Apr 02, 2021: The Federal Board of Revenue (FBR) Friday refuted a news item published in a section of the press, claiming imposition of a new tax in the upcoming budget for the fiscal year
April 02, 2021(MLN): Widespread COVID-19 vaccine rollout has boosted sentiments in most economies. However, commodity prices are on the rise due to synchronization, transmitting into higher inflation. Pakistan Bureau of Statistics (PBS) released Mar'21 inflation
April 2, 2021 (MLN): Pakistan and Afghanistan have formally signed the protocol on the extension of APTTA for 3 months. This was announced by Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul
April 02, 2021: The federal cabinet has deferred an Economic Coordination Committee’s proposal for the import of cotton and sugar from India. Prime Minister Imran Khan chaired the meeting of the cabinet via video link
April 02, 2021: The International Monetary Fund is deliberating the possibility of extending additional financial support to partner countries during the current testing times amid the COVID-19 pandemic. This was stated by, IMF Managing Director,
April 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in March 2021 was 9.05 percent compared to 8.70 percent in February 2021 and 10.24 percent in March 2020. The July-March average inflation is
April 01, 2021 (MLN): Exports from Pakistan witnessed a growth of 13.4% MoM to stand at USD 2.345 billion in the month of March 2021. Taking to his Twitter handle, Adviser to Prime Minister of
April 01, 2021: Federal Minister for Privatization Muhammad Mian Soomro has directed strictly following the timeline by working on war-footing to implement fully the plan for revival of Pakistan Still Mills (PSM). Co-chairing the weekly
April 1, 2021: Prime Minister Imran Khan has commended the efforts of the Federal Board of Revenue for achieving the historic growth of 41 percent revenue collections. FBR has made record collections of 460 billion
April 01, 2021: Moody's Investors Service, (“Moody's”) has today assigned a foreign currency senior unsecured programme rating of (P)B3 to the Government of Pakistan's global medium-term noteprogramme, as well as B3 ratings to the senior
March 31, 2021: With the foremost aim to support entrepreneurship and improve the business climate for small businesses, particularly startups and potential investors, SECP issued a circular explicitly allowing private companies to raise capital by
March 31, 2021: Finance Minister Hammad Azhar has announced to decrease the petrol price by 1.50 rupee and that of diesel by three rupees. Addressing a news conference in Islamabad today (Wednesday), he said this
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