June 07, 2020 (MLN): The latest weekly economic roundup provides a summary of the key economic and financial developments from the preceding week. The Weekly Sensitive Price Indicator (SPI) for the Combined Group
June 05, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group decreased by 0.42% during the week ended Jun 04, 2020 while the SPI increased by 9.17% compared to the
June 5, 2020: The Asian Development Bank (ADB) and the Government of Pakistan today signed the loan agreement for a $300 million emergency assistance loan initially approved by the bank on 19 May.
June 5, 2020: The Asian Development Bank (ADB) and the Government of Pakistan signed an agreement today to expand support for Pakistan’s response to the novel coronavirus disease (COVID-19) pandemic in Khyber Pakhtunkhwa
Jun 05, 2020: Prime Minister Imran Khan Friday said the priority of his government was to stabilize the economy with a focus on job creation for the youth so as to counter the
June 5, 2020: Senate was informed today that the number of tax filers has increased from1.6 million to 2.6 million in a period of one year as a result of steps taken by
June 5, 2020 (MLN): The pace of foreign selling from Pakistan’s debt market slowed down by Rs 5.92 billion during the week ended May 29, 2020. The overseas investors pulled out Rs 1.18
June 5, 2020: Prime Minister Imran Khan has directed to further accelerate the process of reforms in the petroleum sector. Talking to Special Assistant on Petroleum Nadeem Babar who called on him in
June 5, 2020: Minister for Industries and Production Hamad Azhar has said the government has decided to privatize Pakistan Steel Mills in order to revive and steer it out of losses. Addressing a
June 5, 2020: Cabinet Committee on Energy has approved in principle to import Euro-V compliant diesel and petrol products. Meeting of the Committee was held in Islamabad yesterday with Federal Minister for Planning
June 5, 2020: Prime Minister Imran Khan has said the promotion of industrial process and provision of all possible facilities to the business community is the top priority of the government. He was
June 4, 2020 (MLN): Saudi Arabia has announced an increase in various customs duty rates applicable to a wide range of highly consumed products which would be applicable from June 10, 2020 onwards.
Jun 04, 2020 (MLN): Pakistan's trade deficit for 11 months (July-May) FY20 was USD 21.06 billion compared to a deficit of USD 29.15 billion from the corresponding period from FY19. According to data
June 04, 2020 (MLN): The Oil and Gas Regulatory Authority (OGRA) has directed Oil and Marketing Companies (OMCs) to ensure import of committed cargos. OGRA Spokesman said that oil stocks are sufficient enough
June 4, 2020 (MLN): Emirates will resume 14 weekly scheduled flights to Dubai from June, 8 2020, including a daily from Karachi, five from Lahore and two from Islamabad. From Pakistan, the airline
June 14, 2019 (MLN): The government of Pakistan has accumulated an additional net debt of Rs.294.32 billion during the week ended June 07, 2019, which brings its total net borrowing for ongoing fiscal year (FY19)
June 14, 2019: Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Friday directed for identifying misinvoicing in export declarations to ascertain the suspected items or sectors as well as destinations for such misdeclaration. The
Jun 14, 2019 (MLN): Overseas Pakistanis remitted USD 2.32 billion in the month of May 2019 compared to USD 1.78 billion in April 2019 showing an increase of USD 536.84 million or 30% over the
Jun 14, 2019: The government had released Rs 725.697 million for various agriculture and livestock sectors uplift projects of Ministry of National Food Security and Research under its Public Sector Development Program (PSDP) 2018-19 as
June 14, 2019 (MLN): Having completed its first 10 months in office, Pakistan’s incumbent government has realized the severe need to pull up their socks and combat corruption and money laundering in order to not
June 14, 2019 (MLN): Fitch Ratings has affirmed Pakistan's Long-Term Foreign-Currency Issuer Default Rating (IDR) at 'B-' with a Stable Outlook. According to the press release issued by Fitch, Pakistan's ratings reflect challenging external finances
June 14, 2019 (MLN): Director of International Monetary Fund (IMF), Gerry Rice recently expressed his view on the backlash received by Pakistan’s Federal Budget FY19-20, wherein Pakistani citizens condemned IMF for purely concentrating on increasing
June 14, 2019 (MLN): Advisor to the Prime Minister on Finance Affairs, Abdul Hafeez Shaikh has said that in 72 year, no Prime Minister has ever completed his term because of the inconsistency in economic
June 14, 2019 (MLN): In its first revenue focused budget, the PTI government decided to revoke prejudiced concessions and exemptions with focus on enhancing direct taxation and tightening the lasso around the tax evaders to
June 14, 2019 (MLN): The World Bank today approved a package of $518 million for two projects in support of Pakistan’s ambitious efforts to raise revenue and reduce compliance cost with a goal of providing
June 14, 2019: Federal Bureau of Revenue has said the closing date for Assets Declaration Scheme is 30th of this month and it will not be extended. In a statement on Thursday, it advised to
June 14, 2019: PTI Government has increased budget allocations for agriculture sector by 1200 percent to revive agriculture and livestock sectors. This was announced by Minister for National Food Security and Research Sahibzada Mehboob Sultan,
ISLAMABAD, June 13: In collaboration with U.S. Department of Justice, the SECP organized a workshop on securities and commodities fraud at the SECP head office on Thursday in Islamabad. Mr. Brian R. Harvey, the presenter,
June 13, 2019 (MLN): The central government has acquired a debt of Rs.28 trillion as of April 2019, which is Rs.4.47 trillion higher than the amount borrowed by the same period last year and Rs.3.86
June 13, 2019 (MLN): The Federal Budget for the fiscal year 2019-2020 was presented by Minister for Revenue, Hammad Azhar on June 11, 2019. While many are lauding the budget for being both stringent and
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