Showing posts with label Economic News. Show all posts
Showing posts with label Economic News. Show all posts
Monday, July 8, 2019

One billion dollars tranche for Pakistan to be released shortly: IMF Mission Chief

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International Monetary Fund Mission chief for Pakistan, Ernesto Ramirez-Rigo says IMF one billion dollars tranche for Pakistan would be rel...
Saturday, July 6, 2019

Business community would not be harassed by FBR officials: Hammad Azhar

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Minister of State for Revene Hammad Azhar says the government will take along the business community and all other stakeholders while intro...
Thursday, May 30, 2019

Bearish trend continues at Pakistan Stock Exchange

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The Pakistan Stock Exchange (PSX) continued its bullish trend on Thursday after closing on an upward trajectory the day before. At the ti...
Wednesday, May 29, 2019

Budget to be presented on June 1, top priority to reduce financial burden on common man

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Special Assistant to Prime Minister on Information and Broadcasting Dr Firdous Ashiq Awan has said budget would focus on moving the economy...

Financial package for development of erstwhile FATA to be Increased: Hafeez Shiekh

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PM adviser on Finance Dr. Abdul Hafeez Shiekh presided a huddle wherein social, economic needs of districts of tribal areas were reviewed. ...
Sunday, May 26, 2019

Country’s economy will stable in Six to Twelve months: Hafeez Sheikh

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The Prime Minister’s advisor to Finance Abdul Hafeez Sheikh vowed on Saturday that country’s economy will stable in six to 12 months and af...

Govt to initiate auction of forty new oil, gas blocks from December: Omar Ayub

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Minister for Petroleum Omar Ayub Khan has said the government will announce a new oil and gas exploration and production policy in the next...
Saturday, May 25, 2019

Hafeez Shaikh urges US businessmen to explore business opportunities in Pakistan

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Adviser to the Prime Minister on Finance, Revenue and Economic Affairs Dr. Abdul Hafeez Shaikh here on Friday urged the United States (US) ...

Pakistani rupee inches further up against US dollar in interbank, open markets

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The rupee registered gains against the US dollar in the interbank and open markets for a third consecutive day on Friday, as the Pakistani ...

Energy sector to observe remarkable difference soon: Omar Ayub

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Minister for Power Omar Ayub Khan has expressed the confidence that circular debt will be completely overcome by December next year. Addr...

IMF programme to economically strengthen Pakistan: Gerry Rice

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Spokesperson for International Monetary Fund (IMF) Gerry Rice says IMF programme will economically strengthen Pakistan. In an online brie...
Friday, May 24, 2019

Initiatives being taken to expedite economic reforms process: Razak Dawood

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Adviser to Prime Minister on Commerce and Investment Abdul Razak Dawood says initiatives are being taken to expedite economic reforms proce...

China Says Lodged Protest With US Over Huawei 'bullying'

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China said Thursday it has lodged a protest with the United States over its treatment of telecom giant Huawei and warned that Beijing has t...
Thursday, May 23, 2019

Saudia To lend Pakistan Oil Worth of $3.20 Billion: Hafeez Sheikh

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Saudi Arabia once again has come forward to help Pakistan in the bad economic conditions of the country as it will lend oil of worth $ 3.20...

Pakistan, Kuwait sign hydrocarbon exploration agreement

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Minister for Petroleum Omar Ayub Khan says efforts being made by the government will bear fruit for the country in the form of additional h...

WAPDA signs 9.98 billion rupees consultancy agreement for Mohmand dam

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Pakistan Water and Power Development Authority has signed a contract agreement worth 9.98 billion rupees for consultancy services for const...
Wednesday, May 22, 2019

Italian ENI company searching oil and gas to visit Pakistan next week

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Chief Executive Officer (CEO) of Italian company ENI which searched oil reserves at Kekra-I will arrive in the country next week. The CEO...

US dollar reaches Rs154 in open market

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The US dollar continued its steep incline in Pakistan, reaching a new all-time high in the interbank and open market on Tuesday. In the o...
Tuesday, May 21, 2019

KSE-100 Index Witnessed Bullish Trend

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Pakistan Stock Exchange was bearish on Monday as KSE-100 Index closed today at 33250 points with a positive change of 83 points. Trading ...

SBP announces new Monetary Policy for next two months

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The State Bank of Pakistan (SBP) has increased 150 basis points in its interest rate as the Monetary Policy announced for the next two mont...