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BUSINESS
ADB forecasts Pakistan ‘s growth at 1.9 % in FY24
Asian Development Bank (ADB) on Thursday issuer its forecast for April 2024 which noted that Pakistan 's growth in Financial year 2014 will remain at 1.9 % and it may improve to 2.8 % in next fiscal year . It said Pakistan's economy…
Worker remittances show healthy trend , touch $ 3 billion mark in March
Karachi : April 8, 2024: The State Bank of Pakistan (SBP) on Monday released the Workers' Remittances for March 2024. It said the Workers’ Remittances recorded an inflow of US$3.0 billion during March 2024.
In terms of growth, during…
OGDCL discovers tight gas at Nur West # 01 in Sujawal district of Sindh
ISLAMABAD, April 04, 2024: The Oil & Gas Development Company Limited (OGDCL) has discovered gas at its exploratory Well Nur West # 01, situated in the Sujawal district of Sindh province. OGDCL is the sole operator with a 100% stake in…
Banks to remain closed for three days on Eidul Fitr
Karachi: April 5, 2024: The State Bank of Pakistan has notified three days banks holiday for Eidul Fitr . A State Bank of Pakistan handout said "The State Bank of Pakistan will remain closed from 10th to 12th April, 2024 (Wednesday to…
Ambassador of Kingdom of Netherlands meets Finance minister
Islamabad: April 3, 2024: H.E. Mrs. Henny de Vries, Ambassador of the Kingdom of the Netherlands to Pakistan, called on Mr. Muhammad Aurangzeb, Minister for Finance and Revenue, to discuss matters of mutual interest and strengthen the…
Finance minister shares govt reforms plan with WB, IFC
Islamabad: April 1,2024 : Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, was called on by Mr. Najy Benhassine, Country Director of the World Bank (WB) and Mr. Zeeshan Ahmed Sheikh, Country Manager of the International Finance…
Govt seeks banks’ support for sustainable development
Karachi: March 29, 2024: Minister for Finance and Revenue Mr. Muhammad Aurangzeb Holds Key Meeting with SBP Governor Jameel Ahmed and banking Sector Leaders*
The Federal Minister for Finance and Revenue, Mr. Muhammad Aurangzeb, convened…
CFFEX chief representation in Pakistan , PSX Director meet Finance minister
Islamabad: March 28, 2024 : Finance Minister, Mr. Muhammad Aurangzeb, held a meeting with Mr. You Hang, the Chief Representative of China Financial Futures Exchange (CFFEX) in Pakistan, and Director of the Pakistan Stock Exchange (PSX)…
SECP issues circular regarding intimation of share transfer
ISLAMABAD, March 25: The Securities and Exchange Commission of Pakistan (SECP) has issued a circular clarifying provisions of section 465(4) read with 510 of the Companies Act 2017 regarding filing of return with the registrar for change…
Pakistan’s top forex dealer hopes IMF deal will set tone for Pakistan’s economic recovery
ISLAMABAD: March 25, 2024: Malik Bostan Khan, Pakistan’s top forex dealer and Pakistan Currency Dealers Association chairman, on Tuesday said the new economic team led by Finance minister , Muhammad Aurangzeb, has set a right direction for…
