August 3, 2020: Mr. Najy Benhassine is the World Bank’s new Country Director for Pakistan effective August 1. He succeeds Mr. Illango Patchamuthu, who completed his term on July 31. Mr. Benhassine most
Aug 03, 2020: As countries around the world are cautiously reopening to revive their hard-hit economies in the COVID-19 pandemic, global tourism has seen a glimmer of hope, but still faces an uphill
August 03, 2020 (MLN): Pakistan's Yearly Inflation Rate (New Base 2015-16) in July 2020 was 9.30 percent compared to 8.59 percent in June 2020 and 8.40 percent in July 2019. Market Expectation of
August 3, 2020: Federal Board of Revenue (FBR) has released the revenue collection information of first month of current financial year i.e. July 2020. According to the released information, against the assigned revenue
Aug 3, 2020: Asian markets mostly fell Monday with sentiment depressed by a spike in coronavirus infections that has forced fresh lockdowns and sparked worries about the impact on the world economy.
August 2, 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
August 01, 2020 (MLN): The State Bank of Pakistan (SBP) will revert to normal office timings from Monday, August 3, 2020. The State Bank said the Banks, Development Finance Institutions and Microfinance Banks
August 01, 2020 (MLN): The latest weekly roundup is here to update the financial and economic data releases as they provide a guide to keeping an eye on trends in the upcoming week.
Market Data and Economic Indicators Weekly Performance Jul 31, 2020 Jul 24, 2020 PKR InterBank 166.9815 167.2606 KSE100 Index 39,258.44 37,607.62 Avg Daily Volume 389,823,896 412,468,391 Gold (Karachi) Rs/10 gm 105,881 101,766
July 31, 2020: The Canadian economy rebounded in May, posting growth of 4.5 percent as activity bounced back following two months of sharp declines due to the coronavirus pandemic, the government said Friday.
July 31, 2020: World stock markets ended the week on a low note Friday in the face of almost unremitting bad news of rapidly-shrinking economic activity, highlighting the “devastating impact” coronavirus has had
July 31, 2020: Keeping in view the global price hike of oil, the government on Friday increased the prices of petrol from Rs100.11 per liter to Rs103.97 per liter, an increase of Rs3.86.
July 31, 2020: The Privatisation Commission(PC), Board was informed in the meeting held on 29th July regarding decision of the Federal Cabinet for initiation of hiring process of Financial Advisory Consortium(FAC) for Roosevelt
July 31, 2020: France's economy contracted by a record 13.8 percent in the second quarter under the impact of coronavirus lockdowns, the national statistics institute INSEE said Friday. The seasonally-adjusted quarter-on-quarter drop in
July 31, 2020: The US economy collapsed in the midst of the coronavirus pandemic, suffering its largest decline on record while hopes for a recovery took another hit as job losses increased, according
Market Data and Economic Indicators Weekly Performance Aug 30, 2019 Aug 23, 2019 PKR InterBank 156.8577 157.5215 KSE100 Index 29,672.12 31,350.01 Avg Daily Volume 123,883,682 174,414,990 Gold (Karachi) Rs/10 gm 76,732 74,674 KIBOR 6M
Sep 01, 2019: The Federal Board of Revenue (FBR) has achieved 90 percent revenue collection target set for first two months of Fiscal Year 2019-20. So far, FBR's target for FY2019-20 has been achieved to
August 30, 2019 (MLN): The government of Pakistan has decided to reduce petroleum products’ prices by Rs.4.59 to Rs.113.24 per liter. The price of high speed diesel would be reduced by Rs 7.67 per liter,
August 30, 2019 (MLN): The non-government sector has retired another net sum of Rs. 35.38 billion during the week ended August 23, 2019, which brings the cumulative net retirment for ongoing fiscal year FY2020 to
August 30, 2019 (MLN): The government of Pakistan has retired an additional sum of Rs. 52.56 billion during the week ended August 23, 2019, which brings its total net retirement for ongoing fiscal year FY2020
August 30, 2019 (MLN): Power generation in Pakistan is improving at a good pace now as the total generation has risen from 13, 751GWh in July 2018 to 14,231GWh in July 2019, reported National Electric
August 30, 2019 (MLN): The Oil and Gas Regulatory Authority (OGRA) has proposed reduction in the prices of Petroleum products for the month of September 2019. According to the rates recommended in summary, the price
August 30, 2019: The Indus River System Authority (IRSA) on Friday released 247,800 cusecs water from various rim stations with inflow of 264,100 cusecs. According to the data released by IRSA, Tarbela Dam had already
August 30, 2019: Adviser to the Prime Minister on Revenue & Finance, Dr. Abdul Hafeez Shaikh, has told the Pakistan International Airlines (PIA) management that the government wants the national flag career to effectively utilize
August 30, 2019 (MLN): Mr. Shixin Chen, Vice President of Asian Development Bank (ADB) along with Senior Advisor Ehsan Khan and Country Director ADB for Pakistan Ms. Xiaohong Yang called on Prime Minister Imran Khan
Aug 30, 2019: Special Assistant to the Prime Minister on Petroleum, Nadeem Babar Thursday said Pakistan Tehreek-e-Insaf (PTI), government had reduced monthly circular debt to a single digit due to effective policies. Talking to a
Aug 30, 2019: The Private Power and Infrastructure Board (PPIB) on Thursday allowed extensions in Financial Closing Dates of Thar Coal based 330 MW Power Project by Thar Energy Limited and 330 MW Siddiqsons Energy
August 29, 2019: Country Director, World Bank, Mr. Patchamuthu Illangovan called on Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar here in Islamabad on Thursday. Deputy Chairman Planning Commission Dr. Muhammad Jahanzeb Khan,
August 29, 2019: Federal Minister for Planning Development & Reform Makhdum Khusro Bakhtyarhas said that efforts are underway to expedite the implementation of Asian Development Bank funded projects by streamlining the process to achieve the
August 29, 2019: The government’s agenda for enhancing agriculture productivity, improving water management, making Pakistan green, giving Karachi a facelift and introducing decentralised decision-making dominated the proceedings of Executive Committee of the National Economic Council
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