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 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 $0.1151 per mmbtu (Million
December 6, 2019 (MLN): The total debt of the Pakistan government declined by 3.16% to Rs.32.19 trillion in October 2019 when compared to Rs 33.24 trillion in September 2019. However, the total debt figure increased
December 06, 2019 (MLN): Foreign investors continued to be net buyers for the seventh successive week as the total purchase of securities during the week via Special Convertible Rupee Account (SCRA) outstripped total sale by
December 6, 2019 (MLN): Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan said on Friday that more facilities are being provided to the construction sector. In addition to lowering the
December 06, 2019: The Ministry of Overseas Pakistanis and Human Resource Development, during first 10 months of the year 2019, has assisted over 258,215 Pakistanis to proceed Saudi Arabia for prospective job opportunities in various
December 06, 2019: The Ministry of Planning Development and Reforms has so fare given the authorization to release Rs 5.762 billion for various agriculture sector development projects under its Public Sector Development Program (PSDP) for
December 6, 2019 (MLN): The total deposits of scheduled banks valued at Rs.14.3 trillion in November 2019, up by 9.42% YoY from Rs.13.07 trillion in November 2018. According to the data released by the State
December 6, 2019 (MLN): China Mobile (CMPak) has deposited Rs 37.16 billion (equivalent to US$ 238.6 Million) against its license renewal fee with PTA. Through an official social account, PTA Pakistan said in a tweet
December 6, 2019 (MLN): The Asian Development Bank (ADB) today approved a $300 million policy-based loan that will help the Government of Pakistan to address financial sustainability, governance, and energy infrastructure policy constraints in Pakistan’s
December 6, 2019: Foreign Minister Shah Mahmood Qureshi says Strategic Engagement Plan will play an important role in improving bilateral relations and economic cooperation with European Union. Speaking at a luncheon arranged for EU member
December 6, 2019: The Asian Development Bank (ADB) today approved $1 billion in immediate budget support to Pakistan to shore up the country’s public finances and help strengthen a slowing economy. The quick dispersing Special
December 6, 2019: Prime Minister launched 'Digital Pakistan Vision' in Islamabad yesterday. Addressing the ceremony, he said the government will concentrate on taking the country digitally forward. Terming it a big opportunity for the nation,
Dec 05, 2019: Governor Punjab Chaudhry Muhammad Sarwar said on Thursday that Pakistan had earned and benefited US $ 15 billion from Generlazied System of Preference (GSP) Plus facility since 2013-14, granted by the European
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