Category: Finance
Pakistan, Afghanistan sign protocol to extend transit trade agreement for six months
ISLAMABAD: Pakistan and Afghanistan on Thursday signed a protocol to extend the existing transit trade agreement of 2010 for six months beyond May 11, 2021. The extension was essential to […]
Grant of 10% increase in pension notified
ISLAMABAD: The federal government on Thursday notified the grant of 10 per cent increase in pension of all government pensioners with effect from July 01, 2021. The finance ministry said […]
Pakistan receives $1 billion loan from China; forex reserves rise to $24.415 billion
KARACHI: Pakistan has received $1 billion as loan from China which helped the total foreign exchange reserves of the country rose to $24.415 billion by week ended July 02, 2021. […]
Notification for 10% ad hoc increase in salary issued
ISLAMABAD: The President of Pakistan has sanctioned the grant of ad hoc 10 per cent increase in salary of government employees effective from July 01, 2021, according to a notification […]
Prime Minister inaugurates first phase of Gwadar Free Zone
GWADAR: Prime Minister Imran Khan on Monday inaugurated the first phase of Gwadar Free Zone besides performing the groundbreaking of its second phase spread over 2,200 acres and also inaugurated […]
Pak-Iran trade to start soon through Gwadar Port: Bajwa
ISLAMABAD: Work for Iran’s trade through the Gwadar Port (in and out) is in progress and the trade will start soon through the port, Chairman China Pakistan Economic Corridor (CPEC) […]
Consumer prices inflate by 9.7 percent in June 2021
ISLAMABAD: The inflation based on Consumer Price Index (CPI) has increased by 9.7 percent on year-on-year basis in June 2021 as compared to an increase of 10.9 per cent in […]
National Assembly may pass Finance Bill 2021 on June 29
ISLAMABAD: The National Assembly will meet on Tuesday June 29, 2021 in which Shaukat Fayaz Ahmed Tarin, Minister for Finance and Revenue to move the Finance Bill 2021 with certain […]
FATF retains Pakistan in grey list
ISLAMABAD: The Finance Action Task Force (FATF) on Friday kept Pakistan in ‘grey list’ despite the country has made significant progress of addressing 26 action plan out of 27. FATF […]
China desires to invest more for Pakistan’s economic growth
ISLAMABAD: Ambassador of the People’s Republic of China Nong Rong has expressed the desire of the present Chinese Government to invest more in all sectors to lift the economic standing […]