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COVID19

Tokyo rubber futures rise
Markets

Tokyo rubber futures rise

TOKYO: Japanese rubber futures rose on Monday, as Tokyo ramped up its Covid-19 vaccination drive, which may allow ...
Published 25 May, 2021 04:40am
Chinese envoy meets PM
Print

Chinese envoy meets PM

ISLAMABAD: Ambas-sador of China in Pakistan Nong Rong called on Prime Minister Imran Khan, Monday, said a press...
Published 25 May, 2021 04:40am
Baqir highlights SBP measures amid COVD pandemic
Business & Finance

Baqir highlights SBP measures amid COVD pandemic

  • On policy rate, Baqir informed that Pakistan reduced its interest rate by 625 basis points since 1st February 2020 to provide interest expense relief for borrowers.
  • The central bank chief said that about Rs 2 trillion liquidity or five percent of the GDP was injected through SBP’s economic policy support measures during COVID.
Published 24 May, 2021 04:47pm
GDP growth expected to rise 3.94pc as post-Covid recovery strengthens: SBP
Business & Finance

GDP growth expected to rise 3.94pc as post-Covid recovery strengthens: SBP

  • “This rebound was fueled by a well-calibrated policy response,” said SBP.
  • SBP said that it provided a targeted economic stimulus of Rs2 trillion to support the recovery through interest rate cut, principal deferment & loan restructuring, Rozgar payroll finance scheme to prevent layoffs, and concessional finance for investment in industry and health facilities.
Published 24 May, 2021 01:59pm
PM Khan inaugurates Ehsaas Saving Wallets initiative
Business & Finance

PM Khan inaugurates Ehsaas Saving Wallets initiative

  • In his address, the Prime Minister congratulated Dr. Sania Nishtar and her entire Ehsaas team, after the World Bank recently acknowledged the Ehsaas program as the fourth largest social protection intervention globally in terms of the number of people covered during the COVID-19 pandemic.
Updated 24 May, 2021 01:00pm