PSX witnesses bullish trend, gains 126 points

ISLAMABAD, OCT 10 (APP): The 100-index of the Pakistan Stock Exchange (PSX) witnessed bullish trend on Monday, gaining 126.39 points, a positive change of 0.30 percent, closing at 42,211.64 points against 42,085.25 points on the last working day. A total of 240,194,764 shares were traded during the day compared to 313,348,644  shares the previous day,… Continue reading PSX witnesses bullish trend, gains 126 points

Dar reaffirms to honor all commitments, rejects speculation to approach Paris Club

ISLAMABAD, Oct 9 (APP):Minister for Finance and Revenue Senator Muhammad Ishaq Dar here on Sunday reaffirmed the government’s resolve to fully honor all the commitments made with International Monetary Funds (IMF) and other creditors, besides addressing the issues faced by the local business community. Addressing a press conference, the minister also categorically dismissed the speculation… Continue reading Dar reaffirms to honor all commitments, rejects speculation to approach Paris Club

Govt committed to set economy on path of sustainable, inclusive growth: Dar

Govt committed to set economy on path of sustainable, inclusive growth: Dar

ISLAMABAD, Oct 8 (APP):Minister for Finance and Revenue Senator Mohammad Ishaq Dar on Saturday said that the government is committed to set the economy on sustainable and inclusive growth path by taking pragmatic steps to resolve bottlenecks to growth. The minister held a meeting with Country Director, World Bank Najy Benhassine, and his team at… Continue reading Govt committed to set economy on path of sustainable, inclusive growth: Dar

British High Commissioner calls on Finance Minister

British High Commissioner calls on Finance Minister

ISLAMABAD, Oct 8 (APP):British High Commissioner Dr Christian Turner Saturday called on Minister for Finance and Revenue Senator Mohammad Ishaq Dar and exchanged views on matters of common interest. The minister briefed the British High Commissioner about devastation caused by the recent floods in Pakistan, said a press release issued by the Ministry of Finance.… Continue reading British High Commissioner calls on Finance Minister

Projects worth billions approved by ECNEC in energy, education, communication sectors

ISLAMABAD, Oct 07 (APP): The Executive Committee of the National Economic Council (ECNEC) here on Friday approved projects worth billions of rupees relating to energy, education, communication, food security and agriculture sectors of the country.  Federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar chaired the ECNEC meeting, according to press statement issued by… Continue reading Projects worth billions approved by ECNEC in energy, education, communication sectors

Japanese Ambassador Wada Mitsuhiro calls on Ishaq Dar

ISLAMABAD, Oct 7 (APP):Japan’s Ambassador to Pakistan Wada Mitsuhiro on Friday called on the federal Minister for Finance and Revenue Senator Mohammad Ishaq Dar, here, and assured his country’s full cooperation for improving the bilateral trade and economic relations. During the meeting, Ishaq Dar apprised the ambassador on the devastation caused by the recent floods… Continue reading Japanese Ambassador Wada Mitsuhiro calls on Ishaq Dar

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Attracting US foreign investment a top priority: Dar

Donald Blome, Ambassador of the United Stated of America to Pakistan in a call on meeting with Federal Minister for Finance and Revenue, Senator Mohammad Ishaq Dar at Finance Division.

ISLAMABAD, Oct 7 (APP):Federal Minister for Finance and Revenue, Mohammad Ishaq Dar said here on Friday that attracting the United States foreign investment in different sectors of Pakistan’s economy was the government’s top priority. During a meeting with Ambassador of the United Stated of America to Pakistan, Donald Blome, who call on the minister here,… Continue reading Attracting US foreign investment a top priority: Dar

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Foreign exchange rates

KARACHI, Oct 07 (APP):The Exchange Rates Committee of Financial Markets Association of Pakistan issued the following Exchange rates bulletin, here on Friday. CONVERSION RATES FOR October 07, 2022 FOR FOREIGN CURRENCY FOR FORWARD COVER FOR DEPOSITS (EXCLUDING FE 25 DEPOSITS) SBP SETTLEMENT VALUE DATE OCTOBER 12, 2022 USD 221.8936 GBP 251.1170 EUR 219.8078 JPY 1.5342

Rs100 bln subsidy: Rs19.99 per unit electricity fixed for export sector

ISLAMABAD, Oct 06 (APP): The federal government on Thursday announced electricity rate at Rs 19.99/per unit for five export-oriented sectors in a bid to promote exports and improve country’s balance of payment position. Federal Minister for Finance and Revenue Mohammad Ishaq Dar announced the relief measure, at a press conference here, after having successful negotiations… Continue reading Rs100 bln subsidy: Rs19.99 per unit electricity fixed for export sector

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