The Pakistani Rupee (PKR) managed to hold out against the US Dollar (USD) in the interbank market today. It hit an intra-day high of Rs. 176.55 against the latter during today’s open market session.While redundant, it depreciated by 0.01 percent agains…
The Auditor General of Pakistan (AGP) has assured the National Bank of Pakistan (NBP) of reviewing and finalizing the NBP Audit Report (2012-20), as the bank sought clarifications from the former on various statements and data included in the report.Po…
Borrowing from banks by the private sector mainly to invest in businesses surged to a remarkable level of over Rs. 1 trillion in the calendar year of 2021.According to Prime Minister Imran Khan, credit to the private sector by banks surged to over Rs. …
Governor State Bank of Pakistan (SBP) Dr. Reza Baqir has responded to the criticism of him by the opposition parties, especially with reference to various conditions set by the International Monetary Fund (IMF) — for the renewal of a $6 billion loan fa…
Carrefour, owned and operated by UAE-based Majid Al Futtaim in Pakistan, has added a further Rs. 1 billion to its current investment of Rs. 9.5 billion in the country with the inauguration of a new hypermarket in Gujranwala.The new standalone hypermark…
The government is in the process to finalize a 3-year strategic growth framework to enable all ministries and departments to work together for employment generation and overall economic growth.To review the progress, the Deputy Chairman Planning Commis…
Federal Secretary Power, Asif Hyder Shah, has said that by the end of the current fiscal year, the circular debt would be reduced by Rs. 350 billion.While talking to ProPakistani, Secretary In-charge Power Division said that the circular debt is now ac…
The Federal Board of Revenue (FBR), Securities and Exchange Commission of Pakistan (SECP), and Ministry of Commerce plan to jointly launch a drive for facilitation of companies expanding their online sales inland and abroad.Sources from FBR informed Pr…
The Sensitive Price Indicator (SPI) for the week ended 6 January 2022, recorded an increase of 0.08 percent, stated the Pakistan Bureau of Statistics (PBS).During the week, out of 51 items, prices of 25 (49.02 percent) items increased, 7 (13.73 percent…
The Ministry of Commerce has planned to create an e-commerce business facilitation hub by ensuring facilitation for freelancers, e-commerce initiatives, and startups through effective coordination with SECP, FBR, and SBP.Pakistan announced its first-ev…
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
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Copyright © 2024 Pakistan Press Release Point. All rights reserved.
