July 22, 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
July 22, 2021 (MLN): Despite weak global trends and lack of triggers, Pakistan’s Power Sector has received the highest net FDI worth $906.1 million, up by 18% YoY during FY21, followed by the Oil
July 20, 2021 (MLN): In the era of easily accessible knowledge, the marginalized segment of Pakistani society still hesitates to reap the benefits of credit market due to the presence of information asymmetries.
July 20, 2021 (MLN): Pakistan’s economy has joined back its track and made promising recovery with provisionally estimated GDP growth to be 3.9 percent for FY21. This performance was achieved despite the ongoing
July 19, 2021 (MLN): Pakistan’s current account remained in surplus during July-Mar FY21 as it received significant support from workers’ remittances which rose by US$4.5 billion to touch a record level of US$21.5
July 19, 2021 (MLN): The fiscal deficit stood at 1.1 percent of GDP in Q3FY21 against 1.7 percent in the corresponding period last year. This improvement was helped by a sharp 24.6 percent
July 19, 2021 (MLN): Pakistan’s trade deficit in services stood at $1.88 billion during the fiscal year 2020-21, signifying a decline of 43.5% as compared to a deficit of $3.32bn recorded in the
July 19, 2021 (MLN): Imports into Pakistan during June, 2021 amounted to Rs. 995,843 million (provisional) as against Rs. 811,947 million (provisional) in May, 2021 and Rs. 611,449 million during June 2020 showing
July 19, 2021 (MLN): Exports from Pakistan during June 2021 amounted to Rs. 426,126 million (provisional) as against Rs. 256,105 million (provisional) in May 2021 and Rs. 263,985 million during June 2020 showing
July 19, 2021 (MLN): Ever since coming to power in 2018, the PTI government has been heavy on promoting the housing sector, even promising the unrealistically ambitious target of building 10 million units.
July 19, 2021 (MLN): Pakistan’s current account balance posted a deficit of $1.85bn in FY21, compared to the deficit of $4.49bn in FY20, marking a decline of 58% YoY. As a percent of
Jul 19, 2021: Oil and Gas Regulatory Authority (OGRA) has decided around 8,361 complaints pertaining to Sui Northern Gas Pipelines Limited and Sui Southern Gas Company, providing Rs 168.28 million relief to gas
July 19, 2021 (MLN): Emerging-market (EM) sovereign ratings have been fairly stable in 2021, with only four downgrades and no upgrades, after a net 30 downgrades in 2020. In a new report “What
July 19, 2021: Minister for Energy Hammad Azhar says Pak-Russian gas pipeline project would help strengthen economic ties between the two countries. Talking to a private television channel, he said this mega project
July 19, 2021: The pandemic shock is likely to have lasting impacts on supply-side GDP potential in some of the largest emerging market (EM) economies, but such “scarring” effects will be limited overall,
December 02, 2020: Prime Minister has appreciated China's consistent support to Pakistan in pursuit of Pakistan's national development goals. He was talking to the Chinese Minister of Defence and State Councilor, General Wei Fenghe, who
December 01, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in November 2020 was 8.35 percent compared to 8.91 percent in October 2020 and 12.70 percent in November 2019. The July-November average inflation is
Dec 01, 2020: Exploration and Production (E&P) companies have produced around 8,543,761.66 Barrel (BBL) oil and 64,967.32 Million Cubic Feet (MMCF) gas from five fields of Karak district of Khyber Pakhtunkhwa from July 2019 to
December 1, 2020 (MLN): Pakistan’s exports have surged by 7.2% YoY in November 2020. Taking to his twitter handle on Tuesday, Advisor to Prime Minister for Commerce and Investment, Abdul Razzaq Dawood said, “ I
December 01, 2020: Private Power Infrastructure Board (PPIB) has successfully managed to induct 40 independent private power projects (IPPs) of about 17551 MW by attracting an investment of around $ 17 billion so far. Official
December 1, 2020 (MLN): With a dramatic ninety-degree drop-in policy rate in a short span of time, commercial banks undoubtedly gained more traction to achieve higher profitability. Commercial banks and financial institutions hold the biggest
December 01, 2020 (MLN): Ministry of Commerce (MoC) is finalizing members for the National Export Development Board (NEDB) whose core membership will be small & primarily be ex-officio members from the government. The aforesaid announcement
December 01, 2020: The Asian Development Bank (ADB) and the Government of Punjab have signed a Memorandum of Understanding (MOU) to jointly promote public-private partnership (PPP) projects in Punjab’s health care sector through ADB’s transaction
December 01, 2020: Prime Minister Imran Khan has directed to take practical steps for the promotion of trade between Pakistan and Afghanistan, besides protecting borders. He was chairing a high-level meeting regarding improving the existing
December 01, 2020: Federal Cabinet meets in Islamabad on Tuesday with Prime Minister Imran Khan in the chair. It will discuss the latest COVID-19 situation and the steps being taken to check its spread. The
December 01, 2020 (MLN): The Federal Board of Revenue’s provisional revenue collection figures amounted to Rs. 1.686 trillion during July-November (2020-21) against the target of Rs. 1.670 trillion, reflecting an increase of Rs. 16 billion.
November 30, 2020: The Government of Pakistan in its endeavor to provide maximum relief to the public has decided to absorb most of the increase in international prices of petroleum products. The prices of MS
November 30, 2020: The Government of Pakistan in its endeavor to provide maximum relief to the public has decided to absorb most of the increase in international prices of petroleum products. The prices of MS
November 30, 2020: The Petroleum Division on Monday held a consultative meeting with all provincial stakeholders aimed at finding ways and means to determine a pricing-mechanism for gas and Liquefied Natural Gas (LNG). The meeting,
November 30, 2020: The Petroleum Division on Monday held a consultative meeting with all provincial stakeholders aimed at finding ways and means to determine a pricing-mechanism for gas and Liquefied Natural Gas (LNG). The meeting,
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