In pursuit of meeting IMF’s requirement, the government is struggling to privatize two RLNG-based power plants due to pandemic and accumulation of circular debt of Rs. 145 billion.The Cabinet Committee on Privatization cleared two re-gasified liquefied…
The law minister, in a briefing session with the IMF, mentioned that section 46B (8) in the State Bank (Amendment) Bill breaches the constitution.Talking through a video link, the minister highlighted the newly introduced provision which suggests that …
Pakistan’s monthly petroleum consumption surged to an all-time high in October 2021, second only to the monthly sales of May 2018, amid growing economic activity and increasing oil prices. PSO posted the highest monthly sales, followed by SHEL.In Octob…
Equity, treasury bills (T-Bills), and Pakistan Investment Bonds (PIBs) witnessed foreign investment outflows almost three times higher than the inflows in October of FY22.Cumulatively, the inflows added up to $58.5 million, whereas the outflows were re…
Muhammad Azfar Ahsan, a seasoned strategic engagements and communications specialist in the corporate sector, has been appointed as the Chairman Board of Investment (BoI) and State Minister, ProPakistani has confirmed with its sources.He will be replac…
The Federal Board of Revenue (FBR) will launch a Single Sales Tax Portal in the ongoing month, November 2021, to facilitate taxpayers and ensure ease of doing business through automation, digitization, and minimization of human interaction with taxpaye…
The Pakistan Rupee appreciated against the US Dollar (USD) on Tuesday and continued its run against the dollar. It gained 75 paisas against the dollar and closed at 170.54, posting a growth of 2.77 percent since crashing to an all-time low in October.O…
Two-time T20 World Cup-winning captain, Darren Sammy, has become a target of racial abuse by Indian cricket fans after his lighthearted tweet about India’s embarrassing 8-wicket loss to New Zealand on Sunday.Former West Indian captain Darren Sammy had …
England’s limited-overs captain, Eoin Morgan became the most successful captain in T20I history as England defeated Sri Lanka in the 2021 T20 World Cup on Monday. This was England’s fourth consecutive victory in the mega event and their spot in the sem…
Indian cricket team’s hopes of qualifying for the semi-finals of the 2021 T20 World Cup hang by a thread as they lost their opening two matches of the Super 12s stage of the tournament. India lost their first match of the T20 World Cup against Pakistan…
