April 15, 2021: A meeting of the Cabinet Committee on Energy (CCOE) was held under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives Asad Umar here in Islamabad on Thursday.
April 15, 2021: Textile exporters appeal the Government to allow duty free import of cotton yarn till time the government achieves its set cotton production target of 10.5 million bales. To ease down
April 15, 2021: His Excellency Mr. Kuninori Matsuda, the Ambassador of Japan called on the Federal Minister for Finance, Revenue, Industries and Production, Muhammad Hammad Azhar, at the Finance Division today. Mr. Ishii
April 15, 2021: The Securities and Exchange Commission of Pakistan (SECP) has launched a facility on its eService portal for online submission of statutory Form-45, required to submit the declaration of ultimate beneficial
April 15, 2021 (MLN): Pakistan’s economy is still in the phase of recovery after a brutal hit of COVID-19 and portraying commendable improvement in many economic indicators. While many sectors are already benefitting
April 15, 2021 (MLN): The newly created International Monetary Fund’s (IMF) Special Drawing Rights (SDR) would augment sovereigns' foreign exchange reserves, most tangibly for lower-rated sovereigns with thin external buffers, although their direct
Apr 15, 2021: The overall production of petroleum commodities has witnessed an increase of 7.94 percent during the eight months of the financial year 2020-21 as compared to the corresponding period of last
April 15, 2021: The present government has pursued a market-based exchange rate system which has brought transparency to the system and ended the monopoly in the exchange market. According to officials, the Market-based
April 15, 2021: The President of the Republic of Uzbekistan H.E. Mr Shavkat Mirziyoyev and Prime Minister of the Islamic Republic of Pakistan H.E. Mr Imran Khan held their first Virtual Summit on
April 15, 2021: Foreign Minister Shah Mahmood Qureshi has said Pakistan offers a pivotal geo-economic location, regional connectivity, a huge consumer market, and skilled youth to investors. Inaugurating Pakistan's country presentation at the
April 14, 2021: The Medium-Term Budget Strategy Paper for FY 2021-22 to FY 2023-24 has been formulated with a focus on sustainable growth, job creation, protection of vulnerable segments of society, inflation and
April 14, 2021 (MLN): In a latest development, the Economic Coordination Committee of the Cabinet (ECC) on Wednesday, has withdrawn customs duty on import of cotton yarns to facilitate the Value-Added exporters. This
April 14, 2021 (MLN): International Monetary Fund (IMF) is not dictating Pakistan on the autonomy of the State Bank of Pakistan (SBP), said IMF resident representative to Pakistan, Ms. Teresa Daban Sanchez on
April 13, 2021 (MLN): The total money supply circulating within the economy in February 2021 has been recorded at around Rs25.94 trillion, according to provisional accounts on Monetary Aggregates for the month, maintained
April 14, 2021 (MLN): The non-government sector has borrowed another net sum of Rs331.13 million during the week ended April 02, 2021, which brings the cumulative net borrowing for ongoing fiscal year FY2021
August 18, 2020: Information Minister Shibli Faraz says Pakistan has become an attractive destination for tourists of the world. In a tweet on Monday, he said one hundred percent booking at tourist spots is a
August 18, 2020: Prime Minister Imran Khan has said that the power sector is affecting the economic growth of the country and immediate overhauling and reform process is essential to lessen the existing burden on
August 17, 2020: The National Institute of Health (NIH) has attained the formal approval from the Drug Regularity Authority of Pakistan (DRAP) for Phase-III clinical trial of recombinant novel coronavirus vaccine Adenovirus Type 5 vector
August 17, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh Monday said the government would take all out measures to ensure availability of sufficient wheat and flour to the
August 17, 2020 (MLN): Minister for Power Omar Ayub says the agreement signed with the Independent Power Producers will lead to reducing cost of power generation and improve electricity distribution system in the country. The
August 17, 2020: Chairman Businessmen Group (BMG) & Former President Karachi Chamber of Commerce & Industry (KCCI) Siraj Kassam Teli has reiterated that the Karachi Chamber stands by its legitimate demand to give the task
Aug 17, 2020: The Asian Development Bank has stressed promotion of multiple modes of transport for freight in Pakistan including Railways and inland waterways to reduce time and cost of trade along Central Asia Regional
Aug 17, 2020: Foreign Minister Shah Mahmood Qureshi on Monday said promoting economic and trade cooperation among member countries of South Asian Association of Regional Cooperation (SAARC) would help reduce poverty in the region and
August 17, 2020 (MLN): Foreign Currency Deposits during the month of July 2020 stood at $7.75 billion, depicting a decline of 2%YoY. While on a month-on-month basis, it marked an increase of 3% MoM as
August 17, 2020 (MLN): Pak Electron Limited (PAEL) has suffered losses of Rs 425 million for the half-year ended June 30, 2020, against net profits of Rs 275 million of the corresponding period last year.
August 17, 2020 (MLN): Prime Minister Imran Khan had disclosed that after negotiation with IPPs, they reached an understanding of reduction in the capacity payments, late payment surcharge (LPS), and sharing of savings on account
August 17, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.22% during the week ended Aug 13, 2020 while the SPI increased by 7.01% compared to the corresponding period
August 17, 2020 (MLN): Remittances from overseas Pakistanis have reached USD 2,768 million in July 2020, i.e. highest ever amount in one month in the history of Pakistan, Prime Minister Imran Khan announced on Monday.
August 16, 2020 (MLN): The Covid-19 pandemic severely impacted the external part of Pakistan’s economy by reducing exports, foreign investment, remittances and increasing external debt as the pandemic pushed the global economy into a deep
August 16, 2020 (MLN): A brief account of the latest financial data releases and economic developments over the course of the week is highlighted below: The Weekly Sensitive Price Indicator (SPI) for the Combined Group
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