PSX submits budget proposals to ensure capital market growth, economic development
Implementation of the proposals will help to document the economy and increase tax revenues, while also helping to meet important social objectives: PSX The Pakistan Stock Exchange (PSX) has presented important proposals for the federal budget 2022-23 to address economic challenges, boost national economy and grow the capital markets. These proposals have been submitted to…
Adil Aziz
No fresh borrowings from SBP, clarifies finance ministry
The Ministry of Finance here on Thursday clarified that there had been no fresh borrowings by the government from the State Bank of Pakistan (SBP). “In fact the government has been retiring its previous stock of debt with the SBP on its maturity,” the ministry said in a statement while responding to news circulating on…
Miftah for further enhancing relations with UK
Federal Minister for Finance and Revenue, Miftah Ismail here on Wednesday underscored that Pakistan had long-standing historic ties with the United Kingdom, which needed to be further expanded for the mutual benefits of the two countries. The minister was talking to British High Commissioner, Dr. Christian Turner who called on him here along with Development…
Pakistan earns $360 million from travel services’ export in 8 months
Pakistan earned US $360.034 million by providing different travel services in various countries during the first eight months of the current financial year 2021-22. This shows the growth of 10.05 percent as compared to the US $327.152 million same services were provided during the corresponding period of the last fiscal year 2020-21, Pakistan Bureau of…
Jubilee Life Insurance organizes iftar dinner at Kiran Foundation
Jubilee Life Insurance organizes iftar dinner at Kiran Foundation for its children and the staff during Ramazan 2022. Singer Natasha Baig along with the management of Jubilee Life was also present to share laughter and happiness with the children.
China to set up new LNG terminal in coastal area of Pakistan
The Fourth Construction Co. Ltd (FCC) of China National Chemical Engineering Group Corporation (CNCEC) has signed an EPCF contract with with Daewoo Gas to set up a new LNG terminal in Pakistan. With a nameplate capacity of 2.5 million tons per annum (mtpa) of LNG, this project will consist of the ports, storage tanks, a…
Sports goods exports witness 35.23% increase in 3 quarters
The export of sports goods from the country witnessed an increase of 35.23 percent during the first three quarters of fiscal year (2021-22) as compared to the export of corresponding quarters of last year (2020-21). The country exported sports goods worth $259.851 million during July-March (2021-22) as compared to the export of $192.160 million during…
realme 9 Pro+ Now Available Across Pakistan
The latest entrant in the realme 9 series wraps up a successful pre-order phase and is now available across the country After a bustling week of pre-orders, the realme 9 Pro+ is finally available for purchase starting today, Monday, April 25, 2022. Wrapping up a successful week, the realme 9 Pro+ has seen a 80%…
PM chairs emergency meeting to overcome power load-shedding
Prime Minister Shehbaz Sharif on Tuesday chaired a high-level emergency meeting to overcome the prevailing load-shedding of electricity in the country. The prime minister was given a comprehensive briefing on generation of electricity, and its transmission and consumption in the country. The meeting emphasized devising a well-integrated plan to overcome load-shedding and mitigate the sufferings…
Govt to devise policy for hike in petroleum prices: Miftah
Minister for Finance Miftah Ismail on Monday said the government was devise a policy to increase the petroleum prices. The elite class having big vehicles could not be given subsidy, however, those using less petrol such as motorcyclists would be given relief, he said while talking to a private news channel. Miftah said the present…