February 26, 2021: Qatar will provide Pakistan three million tons of Liquified Natural Gas (LNG) for 10 years as the two countries entered into an agreement on Friday. Prime Minister Imran Khan witnessed
February 26, 2021: Pakistan has completely avoided blacklisting by Financial Action Task Force (FATF) and would come out of Grey list in coming June, as it had made significant progress on the historically
February 26, 2021 (MLN): Among Pakistan’s top trading partners, China remained the top source of imports for Pakistan during July-Jan FY21, followed by United Arab Emirates (UAE), Singapore, and the USA. According to
February 26, 2021 (MLN): USA remained as the top export destination for Pakistan with $2.68 billion worth of shipments in Jul-Jan FY21, against the exports of $2.44 billion in the same period of
February 26, 2021 (MLN): CCL Pharmaceuticals and Genix Pharma of Pakistan signed agreements with Sri Lankan companies during the Trade & Investment Conference held at Colombo on 24 Feb 2021. Taking to his
February 26, 2021: Prime Minister Imran Khan says development of the construction sector is vital for stabilization of country's economy. Chairing the weekly meeting of National Coordination Committee for Housing, Construction and Development
February 26, 2021: Minister for Industries and Production and Chairman FATF Coordination Committee Hammad Azhar, has said that Pakistan has completed almost 90 percent of its current FATF action plan. In a series
Feb 26, 2021: Equity markets suffered another sell-off Friday on fears that an expected strong global economic recovery this year will fan inflation and force central banks to hike interest rates, despite reassurances
February 25, 2021: The Financial Action Task Force (FATF) Thursday appreciated Pakistan for the significant progress made on the entire action plan. The Plenary meetings of FATF were held virtually from February 22
February 25, 2021 (MLN): The exports of ICT &Telecom Services have grown by 38% YoY to USD1.119 billion during July-Jan FY21 compared to USD 811 million in the corresponding period last year. This
February 25, 2021: The National Electric Power Regulatory Authority (NEPRA) on Thursday reserved its decision into fuel price adjustments (FCA) for month of January on a petition filed by Central Power Purchase Agency
February 25, 2021: A spokesman for the Petroleum Division on Thursday vehemently rejected a news item appearing in the section of media about increase in the gas prices, terming them mere rumors and
February 25, 2021 (MLN): Pakistan has received $6.66 billion total external inflows during July-Jan FY21 from bilateral and multilateral development partners, foreign commercial borrowing, and time deposits to restructure its economy and finance
February 25, 2021 (MLN): Pakistani banks have reported strong growth in profitability during CY2020 despite pandemic and rising provisions. Moody’s Investors Service in its latest report has said as of 22 February, three
Feb 25, 2021: Another Federal Reserve reassurance it would not hike interest rates until absolutely necessary buoyed Asian markets Thursday, while traders were also taking heart from more positive developments on the vaccine
June 22, 2020 (MLN): The government of Pakistan has acquired an additional debt of Rs.73.08 billion during the week ended June 12, 2020, which brings its total net borrowing for ongoing fiscal year 2020 to
June 22, 2020 (MLN): Pakistan's outstanding debts as of May 31, 2020 stand at Rs.22.71 trillion whereas total debt at the end of prior month was Rs.21.89 trillion, meaning that around Rs.820.97 billion were additionally
June 22, 2020 (MLN): The Banking sector spread for May 2020 scaled up by 47 basis points (bps) over the month which brings its latest value to 5.65% as compared to prior month's spread of
Jun 22, 2020: The business community at Islamabad Chamber of Commerce and Industry (ICCI) on Monday urged the government to take urgent remedial measures to stabilize value of rupee as its continuous depreciation would have
Jun 22, 2020: The Economic Coordination Committee (ECC) of the Cabinet on Monday gave go ahead to the private sector to import wheat to control prices of wheat and flour in the market and ensure
June 22, 2020 (MLN): MSCI is slated to announce the results of the MSCI 2020 Annual Market Classification Review on June 24, 2020, as per Pakistan Standard Time. Rather than focusing on any addition or
June 22, 2020: Pakistan has allowed transit trade and import from Afghanistan from Chaman and Torkham border terminals besides opening of Ghulam Khan terminal for bilateral trade from Monday. According to the Foreign Office statement,
June 22, 2020: Prime Minister Imran Khan has appreciated the pace of work on the Suki Kinari hydropower project which is being completed at river Kunhar in Khyber Pakhtunkhwa province. In a Facebook post, the
June 21, 2020 (MLN): Under the Debt Service Suspension Initiative (DSSI) backed by G-20, the World Bank, the IMF and the Paris Club of sovereign lenders, Pakistan would reschedule its $2.41 billion worth of debt
June 21, 2020 (MLN): The highlights of the important economic and business events that took place during the last week are in order so as to become acquainted with the recent developments in Pakistan’s economic
June 21, 2020 (MLN): The financial snapshot of the country in full detail is highlighted with the economic and financial data releases over the course of the week. The Weekly Sensitive Price Indicator (SPI) for
Market Data and Economic Indicators Weekly Performance Jun 19, 2020 Jun 12, 2020 PKR InterBank 166.6380 164.2461 KSE100 Index 33,438.94 34,611.23 Avg Daily Volume 228,736,914 225,565,479 Gold (Karachi) Rs/10 gm 86,334 84,191 KIBOR 6M
June 21, 2020: The Finance Bill for the FY 2020-21 has incorporated Rs. 100 Billion Privatization proceeds as part of the ‘Non-Tax Revenue Receipts’ for the FY 2020-21. The Privatization Commission is fully committed and
June 20, 2020: The Petroleum Division on Saturday vehemently rejected a news item appearing in a section of print media regarding the case between Pakistan LNG Terminal Limited (PLTL) and Pakistan Gas Port Consortium Limited
June 20, 2020: A meeting of the Cabinet Committee on Energy (CCOE) was held here on Saturday under the Chairmanship of Federal Minister for Planning, Development and Special Initiatives (PDSI) Asad Umar. The CCoE was
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