In order to facilitate the startup companies in raising financing from abroad, the State Bank of Pakistan has allowed them… Read More
ECNEC Approves Multiple Hydropower and Infrastructure Projects
Federal Minister for Finance and Revenue, Shaukat Tarin, virtually chaired the meeting of the Executive Committee of the National Economic… Read More
Parliamentary Committee Angry Over Delay in Socio-Economic Projects Under CPEC
A parliamentary panel on Wednesday expressed dissatisfaction over delay in the process of completion of socio-economic projects under the Chinese… Read More
ECC Approves Launch of Second Phase of Ehsaas Emergency Cash Program
The Economic Coordination Committee (ECC) of the Cabinet approved the launch of the second phase of the Ehsaas Emergency Cash… Read More
Advance Income Tax on Mobile Phone Users Will be Reduced in Upcoming Budget
Finance Ministry has assured of reducing advance income tax on mobile phone users from 12.5 percent to 10 percent in… Read More
CDWP Approves 15 Projects Worth Rs. 38.24 Billion
At a CDWP meeting presided over by the Deputy Chairman Planning Commission, Mohammad Jehanzeb Khan, 15 development projects worth a… Read More
WAPDA Assigned B-/Stable by Fitch Ratings
Fitch Ratings has assigned Pakistan’s Water and Power Development Authority’s (WAPDA, B-/Stable) proposed US dollar senior unsecured notes a rating… Read More
Pakistan Took Out $10.195 Billion Foreign Debt From July 2020 – April 2021
Pakistan incurred a foreign debt of $10.195 billion from multiple financing sources during July-April of 2020-21, including $3.246 billion from… Read More
National Bank of Pakistan Becomes Market Maker for Govt Listed Securities on PSX
National Bank of Pakistan (NBP) and Pakistan Stock Exchange (PSX) signed an agreement to onboard NBP as a ‘Market Maker’… Read More
Committee Approves Draft Policy Directives for Release of NGMS Spectrum in Pakistan
Federal Minister for Finance and Revenue, Shaukat Tarin, chaired the 4th meeting of the Advisory Committee for the release of… Read More
PayFast Becomes First Pakistani Payment Gateway to Get Commercial License from SBP
PayFast — the indigenous payments solution by APPS (Avanza Premier Payment Services) — is now the first payment gateway in the… Read More
IT Exports Record a Massive 46% Growth in 10 Months of FY21
The IT and IT-enabled Services (ITeS) export remittances comprising computer services and call center services have surged to $1.7 billion… Read More
