August 30, 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
Market Data and Economic Indicators Weekly Performance Aug 28, 2020 Aug 21, 2020 PKR InterBank 166.50 168.2887 KSE100 Index 41,056.22 39,621.59 Avg Daily Volume 439,577,456 440,737,175 Gold (Karachi) Rs/10 gm 104,603 101,166
August 29, 2020: The Finance Ministry says Pakistan's public debt is sustainable and capacity to repay remains adequate. In a statement, the Ministry said the prudent economic policies have resulted in posting the
August 29, 2020 (MLN): Central Directorate of National Savings (CDNS) has increased the profit rates on selected saving schemes ranging from 5 to 90 basis points. According to its website, the profit rate
August 28, 2020: The two mega water reservoirs of Mangla and Tarbela have been filled to their maximum levels last night, resulting in the record availability of water in the two dams, which
August 28, 2020: US consumers continued to spend in July but the gains were much slower than the prior two months amid a surge in coronavirus cases, and confidence remained in a “depressed
August 28, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.14% during the week ended Aug 27, 2020 while the SPI increased by 8.39% compared to the
August 28, 2020 (MLN): Following a small contraction in FY20, Pakistan economy could grow by 1.8% in FY21 driven by some recovery in private consumption, Institute of International Finance in its latest report
Aug 28, 2020: Expectations US interest rates will stay ultra low for as long as needed helped lift Asian equities on Friday, though Tokyo tumbled on reports Japan's prime minister was set to
August 28, 2020: Adviser on Finance and Revenue Abdul Hafeez Shaikh has directed that the issue of Roosevelt Hotel should be handled in a fair and most transparent manner and in the best
August 28, 2020: Government has made changes in fuel prices policy to facilitate the consumers, said Special Assistant to the Prime Minister on Petroleum, Nadeem Babar. Talking to a private news channel, he
August 28, 2020: Prime Minister Imran Khan said the development of the construction sector is the key to the stability and growth of the country's economy. Chairing the weekly meeting of National Coordination
August 27, 2020: The country’s fiscal accounts came under significant pressure during the fourth quarter (Q4) of the financial year 2020 due to COVID-19 related expenditures, according to Monthly Economic Update and Outlook.
August 27, 2020 (MLN): Fitch Ratings has revised its sector outlook for Asia-Pacific (APAC) life and non-life insurers, including reinsurance companies, to negative from stable, following the coronavirus outbreak and its impact on
August 27, 2020: Unleashing potential of digital finance could have transformational impact on sustainable development says group of financial, business, government and development leaders convened by the UN Secretary-General The unprecedented social and
October 8, 2019: President Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Engineer Daroo Khan Achakzai Tuesday welcoming NAB Chairman’s assurance for non interference into business community affairs said it would restore confidence of
Oct 08, 2019 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.18% during the week ended Oct 03, 2019 while the SPI increased by 15.23% compared to the corresponding period
October 8, 2019 (MLN): The Asia-Pacific Group of Money Laundering (APG), has adopted Pakistan’s Mutual Evaluation Report (MER) in its 22nd Annual Meeting held in Canberra, Australia from 18-23 August 2019, which has now been
October 7, 2019: Pakistan has strongly rejected the Indian Defense Minister's comments that FATF can any time blacklist Pakistan. In a statement on Monday, Foreign Office Spokesperson Dr Muhammad Faisal said the statement reinforces Pakistan's
October 07, 2019: Federal Minister for Economic Affairs Hammad Azhar says economy has achieved stabilization and now it will move to the phase of growth. Addressing a news conference in Lahore on Sunday, he said
October 07, 2019: Japan is negotiating with Pakistan to sign a Memorandum of Understanding for import of thousands of skilled labour. This was stated by Minister and Deputy Head of Mission at Embassy of Japan
October 7, 2019 (MLN): The Asian Development Bank (ADB) has approved a $200 million loan for Pakistan. This additional loan has been granted for social protection program, the Benazir Income Support Program (BISP). The BISP,
Market Data and Economic Indicators Weekly Performance Oct 04, 2019 Sep 27, 2019 PKR InterBank 156.5341 156.1749 KSE100 Index 33,033.32 32,070.81 Avg Daily Volume 222,809,680 107,965,540 Gold (Karachi) Rs/10 gm 75,231 74,931 KIBOR 6M
October 06, 2019: Capital Development Authority (CDA) -DWP in its meeting has approved the PC-Is amounting to Rs.18 billion for development of residential sectors. Tenders in some cases were already in process and for the
October 06, 2019 (MLN): The departed week witnessed series of several important developments that have a direct impact on the economic operations of Pakistan. These developments include: On Friday, Prime Minister Imran Khan while chairing
October 6, 2019 (MLN): The country’s financial profile was brought into clearer picture with the following data releases over the course of the week: The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased
Oct 04, 2019: Federal Board of Revenue (FBR) has issued the Sales Tax General Order No. 106/2019 which states that keeping in view the problems reported by the registered persons in ensuring proper identity of
October 4, 2019 (MLN): Finance Division has described as “incorrect” the impression created in a section of the media that the Pakistan economy is shrinking. In a statement, the Finance Division has asserted that the
October 04, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.59.28 billion during the week ended September 27, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to Rs.90.04
October 04, 2019 (MLN): The government of Pakistan has acquired an additional debt of Rs.157.17 billion during the week ended September 27, 2019, which brings its total net borrowing for ongoing fiscal year 2020 to
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