Banks’ loans to the private sector dropped from 5.3 percent of GDP to 1.2 percent in the last 20 years, as per the World Bank (WB) data showing credit trends from 2001 to 2020.The WB is busy streamlining a picture of the current situation where the US …
The Sensitive Price Indicator (SPI) for the week ended 13 January 2022 recorded a decrease of 0.43 percent, stated the Pakistan Bureau of Statistics (PBS).During the week, out of 51 items, prices of 16 (31.37 percent) items increased, nine (17.65 perce…
The Senate Standing Committee on Cabinet Secretariat, in its meeting, on Thursday, at Parliament Lodges, discussed in detail the impact of furnace oil import on oil refineries and recurrent LNG issues.It also took stringent notice of the issues related…
The National Assembly is in progress to vote on the Finance Supplementary Bill 2021. The session started with Speaker Asad Qaiser in the chair.Meanwhile, a motion seeking to circulate the Finance (Supplementary) Bill, 2021 for eliciting opinion on it f…
Amid the National Assembly session on the Finance (Supplementary) Bill, 2021 and the prevailing LNG shortage, the electricity consumers have again been burdened with fuel cost adjustment for the month of November, as National Electric Power Regulatory …
All Pakistan Sugar Mills Association (PSMA), Islamabad Thursday termed its meetings with the federal and provincial governments as futile as they did not produce any solid outcome in the issues facing the sugar industry.In a statement, a PSMA spokesman…
The government has decided to conduct a comprehensive third-party security audit of the Federal Board of Revenue (FBR) to determine any vulnerabilities in the system, as it is constantly subjected to cyber-attacks.Official documents of the bureau have …
The Pakistani Rupee (PKR) posted gains against the US Dollar (USD) for the second consecutive day in the interbank market today. It gained 40 paisas against the greenback after hitting an intra-day high of Rs. 175.87 against the latter during today’s o…
National Price Monitoring Committee (NPMC) of the Ministry of Finance has expressed concerns about the marginal increase in sugar prices across various cities during a recent meeting. Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, preside…
Regal Automobiles Industries Limited has planned to get listed at Pakistan Stock Exchange (PSX) to generate funds of around Rs. 800 million for setting up set up an assembly line for the manufacturing of electric cars in Pakistan.The company will float…
Islamabad: President Azad Kashmir Barrister Sultan Mahmood Chaudhry has called upon the Kashmiri expatriate community
Islamabad: Prime Minister Muhammad Shehbaz Sharif has directed the authorities concerned to expedite action against
Islamabad: Finance Minister Muhammad Aurangzeb has stated that the government’s prudent economic policies have led
ISLAMABAD: Chinese Special Envoy on Afghan Affairs, Ambassador Yue Xiaoyong, met with Pakistan’s Foreign Secretary
Lahore: Minister for Information and Broadcasting Attaullah Tarar has taken a strong exception to PTI
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
Copyright © 2024 Pakistan Press Release Point. All rights reserved.
