SBP to announce monetary policy today
KARACHI: The State Bank of Pakistan’s Monetary Policy Committee will meet on Friday (today) in Karachi to decide the country’s monetary policy.
The...
Moody’s action has nothing to do with Pakistan specifically: SBP
The State Bank of Pakistan (SBP) has made it clear that the placement of Pakistan’s sovereign rating under review by Moody’s Investors...
COVID-19 economic impact can reach $8.8 trillion globally:Â ADBÂ
MANILA, PHILIPPINES: The global economy could suffer between $5.8 trillion and $8.8 trillion in losses—equivalent to 6.4% to 9.7% of global gross...
Lahoris violate SOPs after government reopens markets
LAHORE:Â The Punjab government and its administrative institutions could not enforce the standard operating procedures (SOPs) defined to curb the spread of coronavirus,...
CCP launches ‘paperless’ merger application system
In order to facilitate the local and foreign investors intending to invest in Pakistan through mergers, acquisitions, and joint ventures, the Competition...
Exporters urged to adapt to global changes post-coronavirus
ISLAMABAD: Adviser to Prime Minister on Commerce Abdul Razak Dawood has stressed the need to exploit economic and trade opportunities expected in...
IMF assures Pakistan of economic cooperation
ISLAMABAD: The International Monetary Fund (IMF) will continue to cooperate with Pakistan for sustainable economic growth in future.
This was stated by IMF...
Hafeez Shaikh expects 2pc GDP growth in next fiscal year
ISLAMABAD: With current projections of -1.5 GDP growth rate owing to the impact of COVID-19 pandemic, the country's economy would turn around...
PM approves establishment of Pakistan Post Pension Fund
ISLAMABAD:Â Prime Minister Imran Khan on Wednesday approved the establishment of Pakistan Post Pension Fund for an institutionalised mechanism for disbursing of pension.
Chairing...
ECC approves multi-billion package to boost agriculture, support farmers
Package includes subsidy on fertilizers, cotton seed and white fly pesticides; reduced bank markup on agri loans; sales tax subsidy on local tractors
Pakistan retains its place in MSCI Emerging Markets Index
Pakistan has successfully retained its upgraded status in the global MSCI Emerging Market (EM) Index, thereby averting the chances of being downgraded...
UK economy shrinks 5.8% in March, most on record
LONDON: Britain’s economy shrank by a record 5.8 percent in March from February as the coronavirus crisis escalated and the government ordered...
ISGS Board accepts MD Mobin Saulat’s resignation
Petroleum Division's Saira Najeeb Ahmed made acting managing director of ISGS
Govt agencies urged to end all agreements with tobacco companies
ISLAMABAD: The Global Tobacco Industry Interference Index (GTIII) has called for banning all tobacco-related corporate social responsibility (CSR) activities in Pakistan, saying...
Govt constitutes 10th National Finance Commission
--Centre includes resources for security and natural disasters/calamities as part of NFC ToRsÂ
--President allows finance adviser to chair NFC in absence of...