April 23, 2020 (MLN): Pakistan’s current account deficit improved by 73 percent in July – March to USD 2.768 billion compared to 10.284 billion from the corresponding period last year. According to data released
April 23, 2020: A video conference of SAARC Member States on Pakistan's proposal is being held today to discuss the COVID-19 pandemic. Special Assistant to the Prime Minister on National Health Services, Dr.
April 23, 2020: Beaten-down US oil prices rallied Wednesday following dramatic declines earlier this week, lifting global equities, even as American crude inventories surged closer to capacity levels. Futures for the benchmark
April 22, 2020: The Economic Coordination Committee (ECC) of the Cabinet Wednesday approved the release of Rs 75 billion from Prime Minister’s Relief Package of Rs200 billion for targeted payments to the low-income
April 22 2020: Prime Minister Imran Khan and President Trump held a telephonic conversation today. The two leaders discussed COVID-19 pandemic related challenges, its implications on global economy, and ways to mitigate its
April 22, 2020: The Ministry of Finance has clarified news reports published in a section of the press on why the government has failed to request for debt relief from the G-20. In
April 22, 2020: Brent crude plunged more than 12 percent to below $17 a barrel Wednesday while US oil erased early gains and fell, as the coronavirus strangles demand and ravages energy markets,
April 22, 2020 (MLN): International investors resumed their prevailing practice of escaping from local debt market as after witnessing an inflow of $200 million in government securities (T-bills) on April 20, 2020, the
April 22. 2020: Brent oil hit a two-decade low Wednesday as the battered crude market dominated sentiment, while the dollar struggled and stock markets managed slight gains. The European benchmark, Brent North
April 22, 2020 (MNL): The State Bank of Pakistan has advised Banks/DFI/MFB to suspend distribution of profits by way of declaring dividends in any manner (cash or stock) for the quarter ending March
April 22, 2020: The Asian Development Bank (ADB) returned to the US dollar bond market with the pricing of $4.5 billion 5-year global benchmark bond issue, proceeds of which would be part of
April 22, 2020: Central Development Working Party (CDWP) meeting on Wednesday presided over by Deputy Chairman Planning Commission Mohammad Jehanzeb Khan. CDWP approved 03 projects worth Rs12. 12.55 billion and recommended 02 projects
April 22. 2020: Federal Board of Revenue (FBR) is likely to set the revenue collection target at Rs5100 billion for the next fiscal year (2020-21), keeping in consideration the existing and post COVID-19
April 22, 2020: SBP has introduced further incentives for businesses to retain workers & employees and prevent layoffs under the scheme entitled “Refinance Scheme for Payment of Wages and Salaries to the Workers
April 22, 2020 (MNL): Governor of State Bank of Pakistan, Dr. Reza Baqir has said that SBP is ready to do more to shield the economy of Pakistan. In an interview given to
April 18, 2019: The Planning Commission has released Rs 525 billion (78%) of the allocated PSDP during the current fiscal year 2018-19. Out of the total allocated amount of Rs. 675 billion in the PSDP
April 18, 2019: A meeting of Cabinet Committee on Energy (CCOE) was held today with Finance Minister, Asad Umar, in the chair. The Committee decided that there would be no load shedding during Sehri and
April 18, 2019 (MLN): Despite currency devaluation, Pakistan's exports to rest of the world have failed to catch up pace. According to the provisional figures compiled by the Pakistan Bureau of Statistics (PBS), exports from
April 18, 2019 (MLN): According to the latest data released by State Bank of Pakistan, Foreign Direct investment (FDI) plunged by 51.4% to $1.273 billion during July to March FY19 period. Outflow from capital market
April 18, 2019: Advisor to Prime Minister for Commerce, Textile, Industry, Production and Investment, Abdul Razzak Dawood on Thursday discussed the measures for revival of Pakistan Steel Mills (PSM) with the Members of PSM Board.
April 18, 2019 (MLN): Finance Minister Asad Umar has stepped down from his position at the Ministry of Finance after Prime Minister Imran Khan carried out a cabinet reshuffle and offered him the Ministry of
April 18, 2019: The Overseas Investors Chamber of Commerce and Industry (OICCI), today announced the date of the Investment Conference themed ‘Pakistan Rising’, which will be held on Friday June 21, 2019 in London. This Conference, which will be chaired by
April 18, 2019 (MLN): Ambassador of Romania to Pakistan, Nicolae Goia, called on Zulfikar Bukhari, Special Assistant to Prime Minister on Overseas Pakistanis & Human Resource Development yesterday, to discuss issues of mutual interests. Both
April 18, 2019: Prime Minister Imran Khan on Wednesday chaired a meeting on digitalization of the government processes and how the latest IT solutions such as blockchain could help ensuring efficiency, transparency, eliminating red-tapism and
KARACHI, Apr 17: The cement exporters have urged the Ministry of Commerce to approach South African authorities to waive anti-dumping duty on Pakistani cement as this has reduced the cement export volume over last couple
April 17, 2019: Prime Minister Imran Khan, at the invitation of President Xi Jinping, will pay a four-day visit to China from April 25 to 28, to attend the 2nd Belt and Road Forum in
April 17, 2019: The meeting of the Economic Coordination Committee (ECC) of the Cabinet was held today with Finance Minister, Asad Umar, in the chair. The Committee reviewed proposals of various Ministries/Divisions. The Committee also
April 17, 2019: Federation of Pakistan Chambers of Commerce and Industry (FPCCI) and United Business Group (UBG) Wednesday jointly presented a set of 40 pre-budget proposals to Finance Minister Asad Umar. They sought special incentives
April 17, 2019: A meeting of Economic Coordination Committee (ECC) chaired by Finance Minister Asad Umer is in progress in Islamabad. It will consider the government guarantee for Utility Stores Corporation besides a summary for
April 17, 2019: Prime Minister Imran Khan would launch landmark Naya Pakistan Apna Ghar Housing Scheme today. In the first phase, one hundred and thirty five thousand residential units will be constructed. Twenty five thousand
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