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
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
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
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
October 08, 2020: At the United Nations, Pakistan has urged the need for creating fiscal space for developing countries to recover from the Covid-19 pandemic. Speaking at the General Assembly's Second Committee debate,
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
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
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
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
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.
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
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
October 7, 2020: European stock markets edged ahead at the start of trading on Wednesday following a flat performance in Tokyo. London's benchmark FTSE 100 index added 0.2 percent to 5,960.78 points. In
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
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
December 9, 2019: The Federal Board of Revenue (FBR) has decided to implement a Track and Trace System for specified goods/products i.e. Cement, Sugar, Fertilizer and Beverages imported into or manufactured in Pakistan. This has
December 9, 2019 (MLN): The Federal Minister for Economic Affairs, Hammad Azhar said ADB is a valuable contributor in Pak’s development path. The govt. of Pak and ADB have scaled up their partner today with
December 9, 2019: Minister for Power Division Omar Ayub Khan has said gross circular debt has almost reduced to half due to prudent policies of the government. In a series of tweets, he said circular
December 9, 2019 (MLN): The signs of stability in Pakistan’s economy have started surfacing now through structural reforms initiated by the central bank to encourage exports to help to end the unrelieved business cycle. In
Dec 09, 2019 (MLN): The State Bank of Pakistan (SBP) announced that it will conduct a 4 day OMO to inject funds into the market. Quotes timing is: 11:00 PST while result will be announced
Market Data and Economic Indicators Weekly Performance Dec 06, 2019 Nov 29, 2019 PKR InterBank 155.0685 155.2399 KSE100 Index 40,732.25 39,287.65 Avg Daily Volume 464,848,493 347,807,383 Gold (Karachi) Rs/10 gm 73,088 72,960 KIBOR 6M
December 8, 2019: Chairman Federal Board of Revenue Syed Shabbar Zaidi says FBR is working in developing an expeditious settlement of 'non duty paid' fast moving consumer goods available in the market. In a tweet,
December 8, 2019: Finland says it will encourage the Pakistani business community to explore new opportunities in any sector in that country. This was told by Ambassador of Finland to Pakistan Harri Kamarainen while addressing
December 8, 2019 (MLN): The outgoing week observed a series of different events that reveal the current standing of Pakistan's economy. To begin with, on Friday, the Asian Development Bank (ADB) approved a $300 million
December 8, 2019 (MLN): The financial picture of the country in full detail was highlighted with the economic and financial data releases over the course of the week. Pakistan's Yearly Inflation Rate (New Base 2015-16)
December 06, 2019 (MLN): The non-government sector has borrowed another net sum of Rs.35.35 billion during the week ended November 29, 2019, which brings the cumulative net borrowing for ongoing fiscal year FY2020 to Rs.68.31
December 06, 2019 (MLN): The government of Pakistan has acquired an additional debt of Rs.187.45 billion during the week ended November 29, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to
December 06, 2019 (MLN): The Oil and Gas Regulatory Authority (OGRA) has notified revised prices of Regasified Liquefied Natural Gas (RLNG) for the current month. According to the notification, there is $0.1151 per mmbtu (Million
December 6, 2019 (MLN): The total debt of the Pakistan government declined by 3.16% to Rs.32.19 trillion in October 2019 when compared to Rs 33.24 trillion in September 2019. However, the total debt figure increased
December 06, 2019 (MLN): Foreign investors continued to be net buyers for the seventh successive week as the total purchase of securities during the week via Special Convertible Rupee Account (SCRA) outstripped total sale by
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