June 1, 2021: The Federal Minister for Finance and Revenue, Shaukat Tarin, chaired a special meeting of the Economic Coordination Committee (ECC) of the Cabinet yesterday. Federal Minister for Planning, Development and Special
June 1, 2021 (MLN): Tax evasion and illegal trade in several sectors of Pakistan caused an annual loss of around Rs310bn to the national exchequer. According to a report by IPSOS, a France-based,
May 31, 2021 (MLN): Unsurprisingly, the Monetary Policy Committee (MPC) of the SBP held its benchmark policy rate at 7% on Friday, to facilitate economic growth and recovery. The decision was in line
May 31, 2021 (MLN): After the status quo decision of the central bank on policy rate at 7% in its latest MPC meeting with the confidence of strong economic recovery, all eyes are
May 31, 2021: Indus River System Authority (IRSA) on Monday released 204,600 cusecs water from various rim stations with inflow of 229,100 cusecs. According to the data released by IRSA, water level in
May 31, 2021: The OECD raised its 2021 global GDP growth forecast Monday but warned that “too many headwinds persist” as not enough Covid vaccines are reaching emerging economies and markets worry about
May 31, 2021: Pakistan Tourism Development Corporation (PTDC) Managing Director Aftab Rana on Monday said that the government was taking multiple initiatives to promote Pakistan's tourist destination image globally and first ever Pakistan's
May 31, 2021: Pakistan on Monday lauded the cooperation of Kuwait in resumption of visas for Pakistani families and businessmen after a decade-long suspension. “We greatly appreciate Kuwaiti cooperation in this regard,” Foreign
May 31, 2021: The federal government has extended the date for encashment of Rs25,000 and Rs,40000 prize bonds. According to the Ministry of Finance, the investors can now redeem these prize bonds till
May 31, 2021: At a CDWP meeting presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan, cleared fifteen development projects with a cumulative cost of Rs45.09billion and recommended four projects worth Rs124.09bn
May 31, 2021: Minister for Finance and Revenue, Shaukat Tarin says the government has no intention to impose any new tax in the upcoming budget, but it would broaden tax base with use
May 31, 2021: Prime Minister Imran Khan says the country’s projected growth rate at more than 4 percent would spur economic activities in the country, provide job opportunities and reduce price hike. Responding
May 31, 2021: Pakistan's first Green Euro (Indus Bond) will be officially launched by the Water and Power Development Authority, today (Monday). Prime Minister Imran Khan will be the chief guest at the
May 31, 2021: Minister for National Food Security and Research, Syed Fakhar Imam says record production of wheat, rice, and maize has been witnessed this year. Addressing a news conference in Islamabad on
May 31, 2021: Finance Minister Shaukat Tarin was chairing a meeting in Islamabad on Friday through video link on the expansion of Kamyab Jawan Programme. Finance Minister Shaukat Tarin has directed all banks
October 8, 2020 (MLN): The National Electric Power Regulatory Authority (NEPRA) has increased Rs. 0.83 per unit in the power tariff on Thursday. The power tariff has been increased by the authority on account of
October 08, 2020 (MLN): Foreign Investors during the week ended September 18, 2020, took out net amount of Rs. 3.61 billion by selling of local securities which was around Rs.2.34 billion lower than the last
October 8, 2020 (MLN): Pakistan’s economic growth is projected to remain below potential, at 0.5 percent for FY21 compared to over 4 percent annual average in the three years to FY2019, says the World Bank
October 08, 2020: Foreign Minister Shah Mahmood Qureshi has reiterated the government's resolve to continue Pakistan's 'Engage Africa' Initiative as per the vision of Prime Minister Imran Khan. Talking to Kenyan Cabinet Secretary for Foreign
October 08, 2020: Planning Minister Asad Umar has emphasized the need for coordinated efforts for accelerated exploration and development of indigenous mineral resources, especially large-scale mining and value addition and promotion of downstream industries. Addressing
October 08, 2020: President Dr. Arif Alvi has said promoting Pakistan as the geo-economic hub should be our vision instead of merely highlighting its strategic location. In an interview with a private news channel, the
October 08, 2020: The government has approved three new Special Economic Zones (SEZs) in Islamabad, Punjab, and Sindh, taking the total number of SEZs to 20. The approval was given at the 6th meeting
October 7, 2020: The All Pakistan Compressed Natural Gas Association (APCNGA) on Wednesday welcomed the Economic Coordination Committee’s (ECC) decision with regard to allowing the OGRA to issue licenses for setting up new CNG stations
October 7, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Cabinet Division. ECC allowed
October 7, 2020: The Central Directorate of National Savings (CDNS) has achieved collection net target of Rs 10 billion by of fiscal year 2020-21. The CDNS has set Rs 249 billion annual collection target for
October 7, 2020 (MLN): In continuation of its policy measures to revitalize the credit flow to the housing and construction sector, the SBP has prescribed some amendments in the instructions on the Cash Reserve Requirement
October 7, 2020: Building upon its earlier measure of setting mandatory target for banks to extend mortgage loans and financing for developers and builders, State Bank of Pakistan (SBP) has introduced a mechanism to incentivize
October 7, 2020: Adviser on Commerce Razak Dawood has said promoting exports and value addition is the priority of the government. He was talking to the Country Director of World Bank in Islamabad on Wednesday.
October 7, 2020: Prime Minister Imran Khan has directed to evolve comprehensive strategy to bring down prices of essential items. Briefing media about the decisions taken in the federal cabinet meeting in Islamabad on Tuesday,
Oct 7, 2020: Speaker National Assembly Asad Qaiser has invited EU investors to invest in Pakistan to contribute to the economic development of the country. Talking to EU Ambassador in Pakistan Androulla Kaminara in Islamabad
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