March 20, 2020: The Federal Board of Revenue (FBR) Friday announced to exempt import of medical equipment and machinery necessary to diagnose and treat the pandemic noval coronavirus (Covid-19) from whole of sales
March 20, 2020: SBP has a strategic objective to support exports for sustained improvement in Pakistan’s balance of payments and growth. To this end SBP provides refinance to banks to provide cheap credit
March 20, 2020 (MLN): Foreign Investors withdrew $65.24 million (net) in a single day session via Special Convertible Rupee Account (SCRA) on Thursday 19, 2020, wherein the majority of the selling worth $52.43
March 20, 2020 (MLN): This time, again, foreign investors indulged in excessive selling during the week ended March 13, 2020, as they pulled out a hefty net amount of Rs 153 billion from
March 20, 2020 (MLN): The Weekly Sensitive Price Indicator (SPI) for the Combined Group increased by 0.05% during the week ended Mar 19, 2020 while the SPI increased by 12.85% compared to the
March 20, 2020: Adviser to the Prime Minister on Finance and Revenue Dr. Abdul Hafeez Shaikh chaired a meeting here at the Finance Division with a delegation of Exporters to discuss various issues
March 20, 2020: The government has cleared the funds that are reallocated from unutilized World Bank projects which can be used by provinces and federal government for Covid-19 equipment purchases and responses. Minister
March 20, 2020 (MLN): Risk-averse foreigners are more prone to hedge their investment from Pakistan's bond market as they withdrew $600 million from government bonds on March 18, 2020. As a result of
Mar 20, 2020: Beaten-down European and US stocks rose Thursday, as markets weighed massive government stimulus efforts against early indicators of what is expected to be a deep and painful economic downturn. Wall
Mar 20, 2020: Layoffs, cutting costs and halting dividends… companies are scrambling to adapt as the coronavirus emergency hits demand while the draconian measures taken to contain the illness undercut production. With the
March 20, 2020 (MLN): The World Bank and IFC’s Boards of Directors approved an increased $14 billion package of fast-track financing to assist companies and countries in their efforts to prevent, detect and
March 20, 2020: Minister for National Food Security and Research Makhdoom Khusro Bakhtiar says there is sufficient supply of wheat and flour in the country and government is also going to procure heavily
March 20, 2020: US Principal Deputy Assistant Secretary of State for South and Central Asian Affairs, Alice Wells says United States will provide one million dollars to Pakistan under USAID program to bolster
March 20, 2020: Asian equities enjoyed some much-needed gains Friday after another volatile week on global markets as investors took solace in a blockbuster series of government and central bank measures aimed at
March 20, 2020: Oil prices remained volatile Friday after a dramatic rebound from multi-year lows but stayed below $30 a barrel on fears the deadly coronavirus will push the world into recession with
March 7, 2019: Prime Minister Imran Khan has directed to complete construction work of Kartarpur corridor swiftly. In a statement in Islamabad on Thursday, he directed Frontier Works Organization (FWO) to complete standard work on
March 7, 2019 (MLN): Senate Standing Committee on Commerce and Textile Industry in its meeting has recommended to bring Pakistan Cotton Research Centre back under the control of Textile Industry Division from Ministry of National
March 7, 2019: Saudi Foreign Minister Adel al-Jubeir will arrive in Islamabad today on a day-long official visit to Pakistan. He will meet Prime Minister Imran Khan, Foreign Minister Shah Mehmood Qureshi to discuss bilateral
ISLAMABAD, Mar 6: Minister for Finance, Revenue and Economic Affairs Asad Umar on Wednesday informed the Senate that the sale prices of petroleum products were fixed in paisas along with rupee as per standard international
March 6, 2019 (MLN): The Government of Pakistan has, after discussion with various stake holders, proposed amendments to make the Finance Supplementary (Second Amendment) Bill, 2019 more comprehensive and investment friendly. Finance Minister Asad Umar
ISLAMABAD, Mar 6: Minister for Finance, Revenue and Economic Affairs Asad Umar told the Senate on Wednesday that no bailout package had been approved for any state institution by the government during current fiscal year.
March 6, 2019: Prime Minister Imran Khan on Wednesday approved, in principle, the first ever ‘National Tariff Policy’ (NTP) of the country to ensure transparency, predictability and institutionalizing the entire structure of the tariff regime.
March 6, 2019: President Dr. Arif Alvi has underscored the need for value-addition in all sectors, especially in textile, for increasing Pakistan's exports in international market. Talking to a delegation of All Pakistan Textile Mills
March 6, 2019: The Senate was informed on Wednesday that government has ensured uninterrupted gas and power supply to industry, relief in taxes and clearance of refunds to enhance industrial growth. Responding to a question
March 6, 2019 (MLN): The Central Government’s debt and liabilities by the end of January 2019 had risen to Rs.18.45 trillion as per a statistical report release by the State bank of Pakistan, earlier today.
March 6, 2019: The imports of agriculture machinery into the country during first seven months of current financial year increased by 6.72 percent as compared the imports of the corresponding period of last year. During
March 6, 2019: Pursuant to the news items being published in the print media regarding the inauguration of Tarbela IV (T4) hydropower project, Ministry of Water Resources would like to state that the contents of
March 6, 2019: The government is likely to consider new tax amnesty scheme for industrial sector where undocumented money could be declared and could only be used in the industrial development and growth in the
March 6, 2019: After remaining suspended for a week, the cross-Line of Control (LoC) trade on Muzaffarabad-Srinagar traditional route through Uri-Chakothi sector resumed on Tuesday. In total, 70 trucks 35 from each side crossed the
March 6, 2019 (MLN): Turkmenistan’s Ambassador to Pakistan Mr. Atadjan Movlamov stated that investors in his country are closely following the developments in Pakistan and are keen in investing in various flourishing sectors. At a
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