Browsing Category
FINANCE
PM Imran lauds continued increase in remittances reaching US$ 2.3 billion
Prime Minister Imran Khan lauds continued increase in remittances from overseas Pakistanis reaching US$ 2.3 billion in September 2020 last month.
PM Imran Khan took to social media to highlight continuous increase in flow of remittances…
World Bank concerned regarding Pakistan’s economy for FY 2020-21
World Bank (WB) has expressed concerns regarding Pakistan’s economy for FY 2020-21 citing low Gross Domestic Product (GDP) growth among all South Asian Countries.
The World Bank has raised concerns regarding extensively low GDP growth rate…
Pakistan’s trade deficit reaches US$ 5.8 billion for July-September 2020
Pakistan’s trade deficit reaches US$ 5.8 billion mark for the first quarter of FY-2020-21 between July-September.
The trade deficit of US$ 5.8 billion is a marginal increase to that of last year during the same time period which stood at…
ADB to provide US$ 300 million worth of loans to Pakistan
Asian Development Bank (ADB) on Monday, approved a US$ 300 million loan grant to Pakistan for developing capital markets in the country.
The US$ 300 million loan will help strengthen Pakistan’s finance sector by supporting measures to…
44 Indian banks in spotlight for suspicious transactions
Around 44 Indian banks are said to be in spotlight for being involved in suspicious transactions worth up to more than US$ 1 billion.
US banks have filed a set of Suspicious Activity Reports (SARs) with Financial Crimes Enforcement Network…
Global economy severely affected by Tax abuse, money laundering, corruption, reveals UN Report
Global economy is plagued by tax abuse and fraud, money laundering and corruption, as revealed by a United Nations (UN Report).
According to a report submitted on the International Financial Accountability, Transparency and Integrity for…
World Bank approves US$450 million grant for Pakistan’s renewable energy projects
World Bank (WB) has approved US$450 million grant for development and construction of renewable energy projects in Pakistan.
The US$450 million grant approved by World Bank’s Board of Executive Directors will be spent on various renewable…
ECC directs to ascertain the exact amount of liabilities payable by PSM
Adviser to the Prime Minister on Finance and Revenue Dr.Abdul Hafeez Shaikh chaired the meeting of the Economic Coordination Committee (ECC) of the Cabinet here at the Cabinet Division.
ECC considered and approved 2 technical supplementary…
ECC amends car import guidelines under disabled persons’ scheme
Abdul Hafeez Shaikh - Adviser to the Prime Minister on Finance and Revenue on chaired a meeting of Economic Coordination Committee (ECC) and approved the amendment in automobile import guidelines under disabled persons’ scheme, on Wednesday.
…
552 female entrepreneurs received more than Rs 260 million under PM’s Youth Entrepreneurship Scheme…
More than Rs 260 million have been distributed among 522 female entrepreneurs under Youth Entrepreneurship Scheme of Prime Minister Imran Khan’s Kamyab Jawan Programme.
According to government sources, around 2,190 qualified individuals,…