Hafeez Shaikh briefed on LSM liquidity issues

News Image

By MG News | May 28, 2020 at 10:53 AM GMT+05:00

0:00

May 28, 2020: A delegation of Nishat Group called on Adviser to the Prime Minister on Finance and Revenue Dr Abdul Hafeez Shaikh to apprise him of the damage done by COVID-19 related economic downturn to large-scale manufacturers.

It was shared by the delegation that owing to Corona pandemic induced demand compression, size of balance sheets of large manufacturers is not maintainable.

The Adviser on Finance empathized with the participants and updated them about the current status of implementation of Prime Minister's stimulus package worth 1240 billion rupees.

The delegation was asked to put up precise case for financial facilitation and its parameters as State Bank of Pakistan has already been running a scheme for payroll protection.

Radio Pakistan

Related News

Name Price/Vol %Chg/NChg
KSE100 128,199.43
336.91M
2.05%
2572.11
ALLSHR 79,787.62
1,023.63M
1.53%
1202.91
KSE30 39,105.00
121.90M
2.49%
951.21
KMI30 186,915.61
131.16M
1.10%
2029.11
KMIALLSHR 54,201.88
553.60M
0.81%
438.07
BKTi 33,476.68
51.49M
4.87%
1555.00
OGTi 27,962.58
9.77M
0.68%
188.60
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 105,735.00 106,200.00
105,625.00
-15.00
-0.01%
BRENT CRUDE 67.11 67.29
67.09
0.00
0.00%
RICHARDS BAY COAL MONTHLY 97.50 97.50
97.50
0.70
0.72%
ROTTERDAM COAL MONTHLY 103.80 103.80
103.80
-3.45
-3.22%
USD RBD PALM OLEIN 998.50 998.50
998.50
0.00
0.00%
CRUDE OIL - WTI 65.38 65.65
65.38
-0.07
-0.11%
SUGAR #11 WORLD 15.70 16.21
15.55
-0.50
-3.09%

Chart of the Day


Latest News
July 02, 2025 at 06:01 AM GMT+05:00

MG Morning Breeze: Updates to Skim before Market


July 01, 2025 at 10:04 PM GMT+05:00

Pakistan’s trade deficit improves by over 9% in June


July 01, 2025 at 05:24 PM GMT+05:00

Gold price in Pakistan rises Rs6,600 per tola



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg