Monitoring Report

Economy

IMF’s first post-programme monitoring report reveals the country’s gross external debt in terms of exports in 2013 was 193.2 percent, which is expected to touch 316 percent by June this year

Economy

The World Trade Organization (WTO) had decided in Pakistan’s favour in July last year and held measures adopted by the European Commission on the export of PET (Polyethylene Terephthalate a chemical used in the making of mineral water bottles) against WTO law and rules

Economy

The MoU was signed by SBI Chairperson Ms Naheed Memon and NLC Director General Major General Mushtaq Ahmed Faisal on Tuesday

Economy

GIDC Bill had 2018 had been passed on condition that CNG station owners would be given an Rs7 billion waiver if they deposited Rs12 billion in two instalments within three months after its passing.

Economy

Irsa has setup a regulations director led-committee constituting of directors from Sindh and Punjab to determine discharges at Guddu barrage and the various barrage of Pakistan and provide a report in this regard to IRSA

Economy

Sindh’s water shortage was recorded at 53 percent and for Punjab, it was 47 percent

Economy

Losses at PSE’s kept rising from Rs495 billion in FY 2013-14 to Rs570 billion in 2014-15, Rs712 billion in FY 2015-16 to Rs862 billion in FY 2016-17 and ended up going above a trillion mark to touch Rs1.109 trillion for current FY 2017-18

Economy

The PDF equity injection was broken into ordinary shares of Rs53 billion and preference shares of Rs61 billion to meet the regulatory directive.

Economy

Also, the Federal Board of Revenue has taken back half of the recommendations for an increase in customs duties on import of cooking oil

Economy

This move is being carried out in lieu of bulging bilateral trade between Pakistan and China, which is hugely in favour of the world’s 2nd largest economy