April 29, 2020: US oil prices rebounded above $14 a barrel Wednesday, a day after a sell-off sparked by a major fund selling its short-term holdings of the commodity amid virus-triggered storage concerns.
April 28, 2020: The Government of Pakistan and the Asian Development Bank signed a concessional loan agreement amounting to USD $ 15 million. This concessional loan is a Project Readiness Financing Facility for
April 28, 2020: The government has released funds amounting to Rs298.183 million during the first 10 months of the current fiscal year to execute six petroleum projects under the Public Sector Development Programme
Apr 28, 2020: Eurozone firms' demand for credit “surged” as the coronavirus pandemic hit, the European Central Bank said Tuesday, while the outbreak is expected to dampen mortgage demand to historic lows. “Demand
April 28, 2020 (MLN): Advisor to the Prime Minister for Commerce, Textile, Industry, Abdul Razzak Dawood has said that exports to the middle east region have risen due to initiatives taken by the
April 28, 2020: The remittances from overseas Pakistanis are expected to reach $20-$21 billion during the current fiscal year (2019-20), the Finance Ministry said on Tuesday. According to a statement issued here Tuesday,
April 28, 2020: A leading Chinese company, currently exporting agriculture machinery to Pakistan, has a plan to build a factory to manufacture machines and equipment to meet the growing demand of the local
April 28, 2020: The urgent health crisis that is COVID-19 has created a historic recession with record levels of deprivation and unemployment, creating an unprecedented human crisis that is hitting the poorest hardest,
April 28, 2020: Equity markets rallied Tuesday as governments across the world started to ease coronavirus lockdown measures, but oil prices tumbled as a supply glut overwhelmed output cut. US markets followed
Apr 28, 2020: Asian stocks were mixed Tuesday as government moves to ease lockdown measures around the world were offset by profit-taking from the previous day's rally, while US oil prices suffered another
April 27, 2020: The federal government has so far released Rs526.3 billion for various ongoing and new social sector uplift projects under its Public Sector Development Programme (PSDP) 2019-20, against the total allocation
April 27, 2020: The ECC chaired by Adviser to Prime Minister on Finance & Revenue Dr Abdul Hafeez Shaikh also approved a credit loss subsidy of Rs 30 billion for the Risk Sharing
April 27, 2020 (MLN): The Economic Coordination Committee has today approved the package that shall benefit 35 lac small businesses, the Minister for Industries and Production, Hammad Azhar tweeted on Monday. For those
April 27, 2020: European stock markets jumped in early trading on Monday as countries eased lockdown measures and the Bank of Japan unveiled further support for its virus-hit economy. London won 1.7
April 27, 2020 (MLN): Economic Coordination Committee (ECC) will discuss the Prime Minister’s Relief Package for Small and Medium Size Enterprises (SMEs). The meeting is scheduled to take place today, i.e. April 27,
April 24, 2019: Foreign Minister Shah Mehmood Qureshi called on Japanese Deputy Prime Minister Taro Aso in Tokyo on Tuesday. They exchanged views on bilateral relations and promotion of cooperation in various fields. Speaking at
April 24, 2019: Prime Minister has directed to bring the drugs prices down to realistic level after consultation with all the stakeholders. Special Assistant to the Prime Minister on Information Firdous Ashiq Awan said this
Islamabad, April 23, 2019: The Adviser to Prime Minister on Finance, Revenue and Economic Affairs, Dr. Abdul Hafeez Shaikh, chaired a meeting here today, to review the Asset Declaration Scheme. The meeting deliberated upon various
ISLAMABAD, April 23: The SECP has been extensively engaged in the implementation of a vibrant and broad-based reform agenda for Pakistan’s capital market. The recent multifaceted reform priorities have focused on facilitating ease of doing
April 23, 2019 (MLN): Central Development Working Party (CDWP) meeting on Tuesday, under the chairmanship of Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar accorded approval to a project worth Rs.202.412 million and
April 23, 2019 (MLN): The forthcoming month has a series of events lined up for Pakistan, all of which carry ample importance in light of their impact on Pakistan’s macroeconomic indicators and economy in general.
April 23, 2019: Tea import into the country during first 9 months of current financial year reduced by 1.13 percent as compared the imports of the corresponding period of last year. During the period from
April 23, 2019: Minister for Power Division Omer Ayub on Tuesday said that recovery in power sector has witnessed an overall increase of Rs51 billion throughout the country during the last four months. He stated
April 23, 2019 (MLN): Net borrowing by the government sector as of April 12, 2019 has increased to Rs 814.75 billion, reports the State Bank of Pakistan in its weekly report on monetary aggregates. As
April 23, 2019: Prime Minister Imran Khan has emphasized the need to increase Pak-Iran bilateral trade for the mutual benefit of both brotherly countries. Addressing Pakistan-Iran Business Community in Tehran on Monday, he said countries
April 23, 2019: President Dr Arif Alvi has directed to expedite work on all new development projects announced by Prime Minister Imran Khan. During a briefing given to him in Karachi on federal government’s ongoing
April 23, 2019: Federal Cabinet meets in Islamabad today with Prime Minister Imran Khan in the chair. It will discuss the overall political and economic situation of the country.
April 22, 2019: Federal Minister for Planning, Development & Reform Makhdum Khusro Bakhtyar has said that the present Government is committed to strengthening intra-country connectivity through road infrastructure development especially in less developed areas. He
April 22, 2019: Abdul Hafeez Shaikh, Adviser to the Prime Minister on Finance, Revenue and Economic Affairs witnessed the signing of loan agreement amounting to US$ 551 million with the International Islamic Trade Finance Corporation
April 22, 2019 (MLN): The current government has successfully managed to narrow down the Current Account Deficit (CAD) but what they failed to notice in the meanwhile was the continuous decline in the foreign investment.
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