January 1, 2021(MLN): In a major development, the Independent Power Producers (IPPS) and the government have in principle come to an agreement over payment terms of the outstanding circular debt. According to industry
January 1, 2021 (MLN): Adviser to the Prime Minister for Commerce and Investment, Abdul Razzak Dawood, has announced that Pakistan’s exports for the month of December 2020 have grown by 18.3% to USD
January 01, 2021 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.69% during the week ended Dec 31, 2020 while the SPI increased by 6.13% compared to the
January 1, 2021: Prime Minister Imran Khan says Pakistan is moving in the right direction with the policies aimed at bringing people out of poverty through wealth creation. He was speaking at the
January 01, 2020: Prime Minister Imran Khan says we are moving forward to making Pakistan a welfare state. In a series of tweets today (Friday), he said our Ehsaas program provides social security,
January 1, 2021 (MLN): Adviser to the Prime Minister on Commerce and Investment, Abdul Razzak Dawood on Friday informed that during the meeting of the NCOC held yesterday, the COVID-19 Vaccination Policy was
January 1, 2021 (MLN): Multinational companies operating in Pakistan repatriated $748.1 million in profit and dividends on investments in the country during five months of FY21 which was 11.64% higher than the profits
January 1, 2021 (MLN): 2020 is a year which will be etched into the minds of people across the world for many years to come. While most of them will remember it for
Jan 01, 2021: Wall Street stocks concluded a roller-coaster year on a high note Thursday, reflecting optimism about 2021 despite broad weakness in the real economy due to the coronavirus pandemic. Two of
January 01, 2021 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in December 2020 was 7.97 percent compared to 8.35 percent in November 2020 and 12.60 percent in December 2019. The July-December average
January 1, 2021: The Federal Board of Revenue has issued a clarification regarding the extension in the Prime Minister’s Construction package. In a press issued yesterday, FBR has stated that the last date
January 01, 2021: Prime Minister has said new master plans of all big cities of Pakistan will be prepared to prevent the unplanned spread of urbanization and to protect Agri land. Briefing media
January 01, 2021: Pakistan and Afghanistan have agreed to continue discussions and exchange of views on the Afghanistan Pakistan Transit Trade Coordination Authority (APTTCA). According to joint statement issued by Ministry of Commerce
December 31, 2020: PSO continues to lead the fuel revolution in Pakistan by becoming the first Oil Marketing Company (OMC) to upgrade Pakistan’s diesel fuel standard from Euro 2 to Euro 5. The
December 31, 2020: Prime Minister Imran Khan on Thursday, approved the minimum possible increase in petroleum prices against the recommendations forwarded by the Oil and Gas Regulatory Authority (OGRA). The oil and gas
April 14, 2020: The Federal Board of Revenue (FBR) has so far made refund payments of Rs 51.5 billion to the exporters and businessmen through FASTER, the fully automated Sales Tax E-Refund System. As per
April 14, 2020 (MLN): Foreign investors withdrew further $53.74 million yesterday from government securities particularly T-bills, bringing the total outflow for the month to clock in at $412.4 million. According to the SCRA data released
April 14, 2020: Prime Minister Imran Khan has announced to open the construction industry in cities from today as this has the lowest risk factor in terms of Coronavirus spread. Talking to media after meeting
Apr 14, 2020: Sindh Minister for Information, Local Government, Housing &Town Planning, Religious Affairs, Forest and Wildlife Syed Nasir Hussain Shah on Tuesday said that the Sindh government was formulating standard operating procedures (SOPs) under
Apr 14, 2020: The traders on Tuesday announced to open the markets across the province from April 15th with adoption of all precautionary measures for prevention against coronavirus. Addressing a joint presser,the Sindh Tajir Ittehad
Apr 14, 2020: The federal government has so far authorized release of Rs 470.8 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, as against the
April 14, 2020 (MLN): A meeting of the Federal Cabinet took place on Tuesday with Prime Minister Imran Khan in the chair. The cabinet discussed important matters like situation arising out of the COVID-19 outbreak,
April 14, 2020: The Federal Board of Revenue (FBR) Tuesday asked the taxpayers to update their Institutional Research Information System (IRIS) profile and provide an international bank account number (IBAN) for electronic transfer of refunds.
Apr 14, 2020: The government has released an amount of Rs 4,118.810 million for various power projects under annual Public Sector Development Programme (PSDP) for fiscal year 2019-20 so far. According to the data of
April 14, 2020: The State Bank of Pakistan today released its Second Quarterly Report for FY20 on the State of Pakistan’s Economy. According to the report, the stabilization efforts and regulatory measures yielded notable improvements
April 14, 2020: International Monetary Fund (IMF) has acknowledged Pakistan's measures to contain spread of the coronavirus. IMF's recent publication 'Policy Tracker' of its 193 member-states said that COVID-19 has been spreading rapidly in the
April 14, 2020 (MLN): Risk-averse international investors continued to divert from government’s denominated debt securities as another outflow of $37.2 million has been witnessed on Friday i.e. April 10, 2020. Thus, the net outflow for
April 13, 2020: Central Directorate of National Savings (CDNS) on Monday said the investors of Rs 40,000 prize bonds have withdrawn Rs 253 billion by April 10, out of the overall reserves of Rs 258
April 13, 2020 (MLN): Despite global recessionary pressure and adverse impact on global economic activity resulted from outbreak of Covid-19, worker’s remittances in Pakistan reported a healthy growth of 9% YoY and 4% MoM to
April 13, 2020(MLN): World Bank will increase funding to $1 billion by repurposing the existing projects to support Pakistan during the COVID-19 crisis by building safety net programs to vulnerable workers, supporting the small enterprises
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