The 2022 Under-19 T20 World Cup is set to commence from 14 January in the Caribbean. The tournament will feature 16 teams which include the likes of Pakistan, India, Australia, West Indies, Sri Lanka, and other top cricketing nations. New Zealand were …
SBP Warns Banks of Strict Action if Dollar Outflow Goes Unchecked
The State Bank of Pakistan (SBP) has warned banks of stern action if the outflow of Dollars including its misuse and speculation is not stopped within the banking sector.Governor SBP, Reza Baqir, chaired on Thursday a meeting with CEOs of the banks hel…
Large Scale Manufacturing Output Increased 5.15% in 1st Quarter of FY22
The Large Scale Manufacturing Industries (LSMI) output increased by 5.15 percent in the first quarter (July-September) of the current fiscal year 2021-22 compared to the same period last fiscal year, i.e., 2021, data released by the Pakistan Bureau of …
Prime Minister Launches ‘Digital Power of Attorney’ Service for Expats
Prime Minister Imran Khan launched on Thursday a pilot phase of ‘Digital Power of Attorney’ service for the overseas Pakistanis to facilitate them in the process of issuing Power of Attorney (PoA). The service will initially be made operational at 10 P…
Renowned International Economist Dr. Arthur B. Laffer Meets Shaukat Tarin
Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, held a meeting with renowned International Economist, Dr. Arthur B. Laffer, at Finance Division today. Members of the American Business Council, Secretary Finance, and senior officers…
Pakistan’s Foreign Exchange Reserves Decline by $381 Million
Pakistan’s liquid foreign exchange reserves depleted $381 million in the week ended on November 12, 2021, according to State Bank of Pakistan (SBP).The reserves fell below the $24 billion mark after the staggering outflows, as they stood at $23.5 billi…
Govt Reopens Registrations for Ehsaas Rashan Program
Special Assistant to the Prime Minister on Poverty Alleviation and Social Safety Division, Dr. Sania Nishtar, announced on Thursday that Ehsaas 8171 service was reopening on Friday for enrollment of families under Ehsaas Rashan Registration.Speaking to…
ADB Rates Pakistan’s Railway Development Program ‘Ineffective’
The Independent Evaluation Department (IED) of the Asian Development Bank (ADB) has rated technical assistance for ‘Pakistan: Central Asia Regional Economic Cooperation Railway Connectivity Investment Program”, less than relevant and ineffective.In its…