The G20 nations have announced an extension of the debt suspension initiative for another six months, until June 2021, amid… Read More
APG’s Follow Up Report on Pakistan’s Progress on FATF Recommendations is Mostly Positive
The Mutual Evaluation Report (MER) of FATF’s Asia Pacific Group (APG), released in October last year, graded Pakistan as largely… Read More
Govt Manages to Collect Only 16% of the First GIDC Installment of Rs. 20.5 Billion
Against the first billed installment of Gas Infrastructure Development Cess (GIDC) of Rs. 20.5 billion, the government has only been… Read More
Govt Approves EXIM Bank Act to Support Exporters
The Federal Cabinet gave approval for the enactment of the Export-Import Bank of Pakistan (EXIMBP) Bill, in a meeting held… Read More
Pakistan Among 43 Counties That Benefited from $5 Billion DSSI Initiative: WBG-IMF Report
WBG-IMF’s report on DSSI initiative says Pakistan provided detailed bilateral debt portfolios as required under the initiative… Read More
ADB’s Releases Report on Impact of Locusts and COVID-19 on Sindh’s Agriculture
“The market disruptions caused by the COVID-19 pandemic and its related policy measures are temporary”… Read More
NAB Chairperson Orders Probe into Roosevelt Hotel Closure
National Accountability Bureau (NAB) chairperson Justice retired Javed Iqbal has taken notice of reports that the historic Roosevelt Hotel will… Read More
SNGPL Refuses to Sell RLNG Without Recovery Mechanism For Arrears
Sui Northern Gas Company Limited (SNGPL) has refused to sell Regasified Liquefied Natural Gas (RLNG) to domestic and commercial consumers… Read More
Pakistani Led B2B Startup Raises $2.3 Million in Pre-Seed Funding
A B2B e-commerce startup Retailo, headquartered in Riyadh, has raised $2.3 million in a pre-seed round led by Abu Dhabi-based… Read More
National Price Monitoring Committee Discusses Ways to Reduce Inflation
Ministries concerned mention demand-supply gap due to climatic factors, an upward trend in international prices, increased profit margin between wholesale… Read More
Singaporean Company Places Lowest Bids to Pakistan LNG Tenders
Pakistan has received bids for two cargoes of liquefied natural gas (LNG) of 140,000 meters each from multinational commodity trading… Read More
Pakistan Working Closely With IMF to Clear Blockages in $6 Billion Program
Pakistan has availed $1.44 billion under the loan program since July 2019, and awaits another $450 million tranche… Read More
