Govt to unveil Economic Survey 2020-21 on Thursday

ISLAMABAD, The federal government will launch the pre-budget document, Economic Survey of Pakistan 2020-21 on Thursday with a higher GDP growth rate of 3.94 percent and positive performance of almost all the macro economic indicators during the year. The Survey is scheduled to be shared […]

Sarhadi calls for restoration of cargo train service with Turkey, Iran

PESHAWAR, Convener, Federation of Pakistan Chamber of Commerce and Industry (FPCCI) standing committee on Pakistan Railways, Zia-ul-Haq Sarhadi has called for making effective steps for restoration of cargo train service with Turkey and Iran. In a statement issued here Tuesday, He said that cargo train […]

Foreign exchange rates

KARACHI, The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Tuesday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR […]

NEPRA notifies 44 paisa per unit reduction for April

ISLAMABAD, National Electric Power Regulatory (NEPRA) has approved 44 paisa per unit reduction in power tariff under monthly fuel adjustment (FCA) for April. Central Power Purchase Agency (CPPA-G) on behalf of X-WAPDA DISCOs had sought reduction of 84 paisa per unit having impact of Rs […]

When world economies go down, Pakistan performs well: Forbes

ISLAMABAD, In a Coronavirus pandemic situation, which has created difficulties for big economies of the world, Pakistan has succeeded in reviving its economy, which is expected to grow by nearly 4 percent in FY2021, exceeding initial projections, Forbes Magazine reports. “Even giants like the United […]

Foreign exchange rates

KARACHI, The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following exchange rates bulletin, here on Monday. LIBOR FOR CALCULATING INTEREST ON SPECIAL US DOLLAR BONDS VIDE SBP F.E. CIRCULAR NO.42 & 21.07.98 & 04.08.98 RESPECTIVELY. LIBOR VALUE 6 MONTHS US DOLLAR […]

Fakhar Imam reiterates government resolve to ensure food safety, security

ISLAMABAD, Federal Minister for National Food Security and Research Syed Fakhar Imam Friday reiterated the government’s commitment for ensuring food security and safety in the country. Talking to Food and Agriculture Organization (FAO) Country Director Rebekah Bell, who called on him, the minister said that […]

Pakistan wants to strengthen trade, investment cooperation with US: Tarin

ISLAMABAD, Federal Minister for Finance and Revenue Shaukat Tarin said Friday Pakistan intended to further strengthen its valuable trade, investment and people-to-people ties with the United States (US). Addressing a virtual meeting with the representatives of US-Pakistan Business Council (USPBC), the minister said the government […]