November 17, 2023 (MLN): Morning Breeze aims to lessen the load for its readers by curating noteworthy updates from the preceding day.
Pakistan is set to receive $2 billion from the World Bank, and a cumulative $1bn from the ADB, IDB, and AIB. Read more
Under the SIFC, a transaction pipeline has been established to accelerate investments in critical infrastructure, encompassing projects such as the $10 billion Saudi Aramco Refinery. Read more
The PKR outlook should improve following the IMF’s preliminary approval for the release of the next loan tranche under the current $3 billion loan program. Read more
The government plans to increase gas prices starting January 2024. Read more
The aid from the IMF following the lender's preliminary approval late Wednesday is likely to ensure that Pakistan avoids defaulting in the fiscal through June. Read more
The PKR snapped its 17-day long losing streak, appreciating by over 76 paisa against the US dollar to settle at PKR 287.38. Read more
The KSE-100 Index soared past the 57,000 mark to close today's trading session at another record high of 57,397, showing an increase of 716.96 points or 1.26% DoD. Read more
To address the structural weaknesses of SOEs and reduce the drain on the budget, the government is focused on operationalizing the Centralized Monitoring Unit. Read more
Total inflows into RDA during October 2023 stood at $142 million, bringing the total cumulative inflows into RDA to $6.898 billion. Read more
Domestic bullion concluded its bullish momentum on Thursday as the price of 24-karat gold fell by Rs500 per tola to settle at Rs214,300. Read more
PRL has successfully executed the Upgrade Agreement in accordance with the mandatory provisions outlined in the Pakistan Oil Refining Policy for the Upgradation of Existing/Brownfield Refineries, 2023. Read more
Interloop Limited’s new vertically integrated Apparel Plant has commenced operations at Interloop Apparel Park in Faisalabad. Read more
Global oil prices continued their downward slide on Thursday as record production in the United States signaled high supply, coupled with concerns about demand from China. Read more
The ECC on Wednesday considered and approved the provision of funds worth Rs423.726 million as a technical supplementary grant for PSDP projects of the Petroleum Division. Read more
The Khyber Pakhtunkhwa Relief, Rehabilitation and Settlement Department has declared an 'Emergency' in districts Khyber, Peshawar and Nowshera to expedite the operational activities in the transit and staging points for repatriation of the illegal foreigners. Read more
Copyright Mettis Link News
Posted on: 2023-11-17T06:59:52+05:00
