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BUSINESS
Pakistan’s economy is on the recovery path : says monthly outlook
Islamabad : Dec 27 : A monthly economic outlook for September 2023 released here by the Finance Division on Wednesday said since the beginning of FY2024, Pakistan's economy stepped up on the recovery path.
It added that in August…
No delay in release of funds for development , salaries : Finance Division
Islamabad : Dec 23 : The Finance Ministry here on Saturday categorically refuted as baseless the news item aired by a private news channel regarding a supposed delay in releasing funds for development projects and salaries.
In a rebuttal…
Modern technology will improve Pakistan’s economic indicators, increase GDP significantly :…
Islamabad, December 21, 2023: "Pakistan can achieve higher GDP growth and improve economic indicators, by adopting technology at government and private level,” this was stated by Saquib Ahmad, Managing Director of SAP Pakistan, Iraq, and…
ECC says no to subsidy on agricultural inputs
Islamabad: December. 20 , 2023: The Federal Minister for Finance, Revenue, and Economic Affairs, Dr. Shamshad Akhtar presided over a meeting of the Economic Coordination Committee (ECC) of the Cabinet, today (Wednesday).
The meeting was…
SECP warns public against illegal investment schemes of Prime Zone
ISLAMABAD, December 20: The Securities and Exchange Commission of Pakistan (SECP) has observed that M/s Prime Zone and its owner, Mr. Imran Butt, are involved in offering illegal deposit and investment schemes to the public by promising…
SAARC has potential to alter regional development landscape: Pushpa Kamal
Kathmandu (Nepal) : Dec 15 : The SAARC has enormous potential to alter the region's development landscape,” stated Hon'ble Prime Minister of Nepal, Mr. Pushpa Kamal Dahal during a call-on by SAARC Chamber of Commerce and
Industry…
SECP initiates public consultation on simplifying licensing process for online brokers, trading only…
ISLAMABAD, December 15: To facilitate the brokerage industry and improve investor participation in the equity market, the Securities and Exchange Commission of Pakistan (SECP) has initiated public consultation on simplifying the licensing…
President Alvi asks insurance sector to become more compatible
KARACHI, December 14: The Securities and Exchange Commission of Pakistan (SECP) hosted the International Insure Impact Conference 2023 on December 13-14. On the conference's second day, prominent experts and professionals from the insurance…
Dr Shamshad calls for futuristic insurance policy for growth
KARACHI, December 13: The Securities and Exchange Commission of Pakistan’s (SECP) two-day International InsureImpact Conference 2023 was kicked off on Wednesday. Chief Guest, Federal Minister for Finance, Revenue, and Economic Affairs, Dr.…
SBP serves banking mafia by maintaining policy rate at 22 %
Karachi : Dec 12 : The State Bank of Pakistan (SBP) kept on hitting adversely Pakistan 's interest by keeping the policy rate at 22 % till its next review probably in two months time .
The policy rate as high as 22 % is enough to…