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Apr 25, 2024 اردو ► PRINT EDITION ► BR MARKETS ► Dollar to PKR ►

Zaheer Abbasi

PM for out of the box solutions
Print

PM for out of the box solutions

While chairing a meeting to review the economic situation and future outlook of the economy in the wake of the Covid-19 situation, Prime Minister Imran Khan has underscored the need for out of the box solutions to deal with the present day economic challe
Published 09 May, 2020 12:06am
Secured Transactions Registry launched
Print

Secured Transactions Registry launched

Advisor to the Prime Minister on Finance Dr Abdul Hafeez Shaikh on Thursday formally launched the Secured Transactions Registry (STR), saying that it would broaden the scope of assets and help banks to expand their lending portfolios.
Published 08 May, 2020 12:05am
3.8 percent budget deficit witnessed in 9 months
Print

3.8 percent budget deficit witnessed in 9 months

A budget deficit of 3.8 percent or Rs1,687 billion has been recorded during the first nine months of the current fiscal year, July-March 2019-2020, ahead of corona pandemic expenditure and ramifications of lockdown on the revenue and economy of the countr
Published 07 May, 2020 12:02am
Procurement of wheat: ECC seeks progress report
Print

Procurement of wheat: ECC seeks progress report

The Economic Coordination Committee (ECC) of the Cabinet has expressed concern over progress of wheat procurement, and sought a detailed report on progress of wheat procurement by the PASSCO and provincial food departments, and overall wheat production ba
Published 07 May, 2020 12:02am
MoF kicks off process of hiring CCP members
Print

MoF kicks off process of hiring CCP members

The Finance Ministry has initiated the process of hiring members of the Competition Commission of Pakistan (CCP) for a period of three years and invited applications of professional persons.
Published 06 May, 2020 12:04am
Lockdown to be lifted only gradually: PM
Print

Lockdown to be lifted only gradually: PM

The Prime Minister, Imran Khan, said on Monday that lockdown would be further eased gradually to provide livelihood to the low-income group and daily wagers.
Published 05 May, 2020 12:06am
Overseas Pakistanis Saving Bills launched
Print

Overseas Pakistanis Saving Bills launched

The federal government has invited foreigners having Pakistan Origin Card, members of Overseas Pakistanis Foundation or an employee or official of the federal government or a provincial government posted abroad to invest in Overseas Pakistanis Saving Bill
Updated 03 May, 2020 04:51am
Ecnec approves four projects of over Rs 249 billion
Print

Ecnec approves four projects of over Rs 249 billion

A meeting of the Executive Committee of the National Economic Council (Ecnec) has approved four projects of over Rs249 billion for infrastructure, health as well as agriculture and water sectors (Diamer-Bhasha Dam Project acquisition of land and resettlem
Published 01 May, 2020 12:54am
MFPCB informed of Covid-19 impacts on GDP, exports
Print

MFPCB informed of Covid-19 impacts on GDP, exports

A meeting of the Monetary and Fiscal Policies Co-ordination Board (MFPCB) presided by the adviser on Finance Dr Abdul Hafeez Shaikh has been informed of serious impacts of coronavirus pandemic on GDP growth as well as on aggregate demand and supply and th
Published 01 May, 2020 12:54am
Covid-19 cases far less as compared to other states: PM
Print

Covid-19 cases far less as compared to other states: PM

Prime Minister Imran Khan has stated that situation in Pakistan is not as bad in terms of the Covid-19 as in other countries especially Western countries and the number of cases in Pakistan is far less as compared to the projection for April 30, 2020.
Published 01 May, 2020 12:54am
Civil servants' retirement: PM directs ED to implement new rules
Print

Civil servants' retirement: PM directs ED to implement new rules

Prime Minister Imran Khan Wednesday issued directives to the Establishment Division for implementation of new rules for retirement of civil servants, and exercise laid under the rules must be completed within a month, so that the performance of civil serv
Published 30 Apr, 2020 12:07am
Cash withdrawals: Government decides to abolish 0.6 percent WHT
Print

Cash withdrawals: Government decides to abolish 0.6 percent WHT

The government has decided to abolish 0.6 percent withholding tax on cash withdrawals from banks/issuance of banking instruments by customers bringing foreign remittances into Pakistan from July 1, 2020 to encourage use of formal (banking) channels.
Published 28 Apr, 2020 11:42pm
ECC approves Rs 51 billion package for SMEs
Print

ECC approves Rs 51 billion package for SMEs

The Economic Coordination Committee (ECC) of the Cabinet has approved the prime minister's relief package of Rs50.69 billion for small and medium enterprises (SMEs) through pre-paid electricity and credit loss subsidy of Rs30 billion for the risk sharing
Published 28 Apr, 2020 12:54am
Think tank for further downward revision in policy rate
Print

Think tank for further downward revision in policy rate

A meeting of the think tank recently formed by the prime minister to deliberate on the Covid-19-related economic downturn and mitigation of ensuing risk on Saturday, emphasized the need for further downward revision in policy rate, coupled with passing on
Published 25 Apr, 2020 09:49pm
Government finding it difficult to reach out to SMEs: PM
Print

Government finding it difficult to reach out to SMEs: PM

The Prime Minister, Imran Khan, has said the government would unveil incentives in the second phase for small and medium enterprises (SMEs) and incentives for the industries would increase incrementally in the days ahead.
Published 24 Apr, 2020 02:52am