July 29, 2020 (MLN): The U.S.A has emerged as the top export destination for Pakistan during FY20 with $3.897 billion worth of shipments against the exports of $4.042 billion in FY19, showing a
July 29, 2020: Markets fluctuated Wednesday as investors kept a nervous eye on Washington this week, hoping the Federal Reserve will pledge to press ahead with its dovish monetary policy, while lawmakers are
July 28, 2020: The US central bank opened a two-day policy meeting on Tuesday amid signs of waning consumer confidence and with Congress locked in debate over how best to support the economy
July 28, 2020: National Electric Power Regulatory Authority (NEPRA) has taken serious notice of various electrocution cases in Karachi as reported by media outlets during the recent rainy spell. The regulator created email
July 28, 2020: Economic Coordination Committee (ECC) of the Cabinet has approved a proposal by the Ministry of Energy for revision of prices of petroleum products on fortnightly basis instead of the existing
July 28, 2020: The bilateral trade of Russia and Pakistan needs more practical steps as there is huge potential for investment and economic cooperation in Pakistan’s energy sector, steel production, telecommunication, oil and
Jul 28, 2020: The Ministry of National Food Security and Research has transferred an amount of Rs5,369.53 million to provinces and regions during the fiscal year 2019-20 under Prime Minister National Agricultural Emergency
Jul 28, 2020: Pakistan and Egypt on Tuesday have agreed to increase cooperation in the field of information technology (IT) and telecommunication. The agreement reached during a meeting between Federal Minister for IT
July 28, 2020 (MLN): Pakistan LNG Limited (PLL) has secured the record low price for liquefied natural gas (LNG) import through spot contracts in response to bids for LNG cargoes. Four companies that
July 28, 2020 (MLN): Economic Coordination Committee (ECC) will discuss the petroleum product pricing formula in a meeting that is scheduled to take place today at 1700 hours at Cabinet Division. The Advisor
July 28, 2020 (MLN): Foreign companies operating in Pakistan repatriated $1.34 billion in profit and dividends on investments in the country during FY20 which was 26% lower than the profits repatriated in the
July 28, 2020: Pakistani Consulate General in New York hosted a webinar Monday to highlight Pakistan's IT potential that would give a boost to the steady economic progress in the country. Pakistan's Ambassador
July 28, 2020: Gold chalked up another record Tuesday as the dollar extended losses and traders rushed into safe havens as fears about the coronavirus pandemic mounted, while equity markets rose on hopes
July 27, 2020: Despite being confronted with multifaceted challenges, Pakistan's economy witnessed significant improvement in some of its sectors during Fiscal Year 2020, according to Monthly Economic Outlook released here Monday by Finance
July 27, 2020: The Federal Board of Revenue (FBR) and all the Provincial Revenue Authorities Monday discussed matters of mutual interest including Common Portal – Single Return to facilitate taxpayers and move swiftly
August 28, 2019 (MLN): The non-government sector has borrowed a net sum of Rs.12.91 billion during the week ended August 17, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to Rs.92.13
August 28, 2019 (MLN): The government of Pakistan has retired an additional sum of Rs.36.84 billion during the week ended August 17, 2019, which brings its total net retirement for ongoing fiscal year FY2020 to
August 28, 2019: Governor of State Bank, Reza Baqir called on Prime Minister Imran Khan at the PM Office here Wednesday. The discussion focused on the matters related to the State Bank and national economy.
Aug 28, 2019: The federal government has released an amount of Rs 971 million for construction of various hydro power projects in Azad Jammu Kashmir (AJK) and Gilgit-Baltistan during 2018-19 under the Public Sector Development
August 28, 2019 (MLN): The Economic Coordination Committee (ECC) on Wednesday, August 28, 2019 approved the issuance of June’s salary to Pakistan Steel Mill employees along with four months’ salary for Machine Tools Factory. The
August 28, 2019 (MLN): The total money supply in the economy during June 2019 stood at Rs 2.44 trillion, marking a growth of 3% as in last month it was Rs 20.8 trillion, shows provisional
August 28, 2019 (MLN): Pakistan’s budget deficit in fiscal year 2019 peaked to an all-time high since 1970’s as the Ministry of Finance reported the figure at Rs.3.45 trillion or 8.9% of the GDP, which
August 28, 2019 (MLN): The number of Income Tax Filers have exceeded 2.5 million and the efforts are continued to make tax declaration process easier, says FBR chairman Shabbar Zaidi, while holding media talks. The
August 28, 2019: The meeting of the Federal Cabinet chaired was held in Islamabad on Tuesday, with Prime Minister Imran Khan in the chair. The cabinet discussed overall political and economic situation of the country
August 28, 2019: World fame Dutch oil company, Royal Vopak will invest 2.8 billion US dollars in Pakistan due to improved investment regime and conducive business environment being provided by the government. This was revealed
August 27, 2019: Central Development Working Party (CDWP) meeting on Tuesday held under the Deputy Chairman Planning Commission Dr. Muhammad Jahanzeb Khan approved 02 projects worth Rs.3.33 billion and recommended 04 projects worth Rs. 213.20
Aug 27, 2019: Federal Board of Revenue (FBR) has developed a new software to effectively monitor the sales tax returns, besides identifying the tax gaps as well as determine the actual Sales Tax, FED liabilities
August 27, 2019 (MLN): Government of Pakistan’s revenue collection in fiscal year 2019 adds up to Rs.4.9 trillion of which Rs.4.5 trillion were collected as tax by the federal and provincial government. The total expenditure
Aug 27, 2019: The Indus River System Authority (IRSA) Tuesday released 242,100 cusecs water from various rim stations with inflow of 258,300 cusecs. According to the data released by IRSA, Tarbela Dam has already attained
August 27, 2019 (MLN): The government of Pakistan has released Rs.50.4 billion in the last two months for growth and development of the country. Of the total, around Rs.26.8 billion was released under security spending,
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