Miftah Ismail emphasizes to enhance Pak-Aus bilateral ties

ISLAMABAD, Sep 1 (APP): Finance Minister Miftah Ismail on Thursday welcomed the Australian High Commissioner Neil Hawkin and highlighted bilateral relations and how it had evolved between the two states. Australian High Commissioner to Pakistan Neil Hawkins along with First Secretary Ashleigh Light called on the minister, said a press release. Finance Minister Miftah Ismail… Continue reading Miftah Ismail emphasizes to enhance Pak-Aus bilateral ties

PSX continues with bullish trend, gains 108 points

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ISLAMABAD, Sep 1 (APP): The KSE 100-index of the Pakistan Stock Exchange (PSX) continued with bullish trend on Thursday, gaining 108.93 points, a positive change of 0.26 percent, closing at 42,460.08 points against 42,351.15 points on the last working day. A total of 248,196,388 shares were traded during the day compared to the trade of… Continue reading PSX continues with bullish trend, gains 108 points

Govt increases petrol prices by Rs.2.07 per liter

ISLAMABAD, Sep 01 (APP): The government on Wednesday revised the prices of petroleum products, increasing the rates of petrol by Rs.2.07 per liter with effective from September 1st 2022. According to press statement issued by finance ministry, Petrol would now be sold at Rs.235.98 per liter against its sale at Rs.233.91. Likewise, the prices of… Continue reading Govt increases petrol prices by Rs.2.07 per liter

Minister chairs session on financial assessment of flood affectees

Federal Minister for Economic Affairs, Sardar Ayaz Sadiq chaired an emergency session on Initial Damage Assessment of Foreign Funded Projects (FFP) affected by unprecedented rains and flash floods across the country in Islamabad on August 31, 2022.APP

ISLAMABAD, Aug 31 (APP): Federal Minister for Economic Affairs, Sardar Ayaz Sadiq on Wednesday chaired an emergency session on Initial Damage Assessment of Foreign Funded Projects (FFP) affected by unprecedented rains and flash floods across the country. NCC-FFP- Emergency Session on Initial Damage Assessment of Foreign Funded Projects (FFP) affected by flood disaster,said a press… Continue reading Minister chairs session on financial assessment of flood affectees

Pakistan receives $1.16 bn from IMF

ISLAMABAD, Aug 31 (APP):Pakistan on Wednesday received $1.16 billion (equivalent of SDR 894 million) after the International Monetary Fund (IMF) Executive Board completed the combined seventh and Eight review under the Extended Fund Facility (EFF) for the country. The State Bank of Pakistan stated on its official Twitter handle that the amount would help improve… Continue reading Pakistan receives $1.16 bn from IMF

Miftah meets APAFF for resolving issues in media industry

A delegation of All Pakistan Akhbar Farosh Federation (APAFF) held a meeting with Federal Minister for Finance and Revenue Mr. Miftah Ismail at Finance Division Islamabad on August 31, 2022.APP

ISLAMABAD, Aug 31 (APP):A delegation of All Pakistan Akhbar Farosh Federation (APAFF) on Wednesday held a meeting with Federal Minister for Finance and Revenue Miftah Ismail at Finance Division, today. The delegation was headed by its Central Secretary General Mr. Tikka Khan, said a press release issued here.Senior officers from Finance Division also attended the… Continue reading Miftah meets APAFF for resolving issues in media industry

Germany – Pakistan have huge potential in economic, trade ties: Syed Naveed Qamar

ISLAMABAD, Aug 31 (APP): Federal Minister for Commerce, Syed Naveed Qamar Wednesday said there was a lot of potential for the development of economic and trade relations between Germany and Pakistan in the various sectors. Germany and Pakistan can benefit from these trade and economic opportunities, he said. He said this while addressing the ‘Networking… Continue reading Germany – Pakistan have huge potential in economic, trade ties: Syed Naveed Qamar

Audio Leak – Experts, businessmen denounce PTI’s plot to sabotage IMF programme

ISLAMABAD, Aug 31 (APP):Economic experts, business leaders and politicians on Wednesday strongly came down on the Pakistan Tehreek-i-Insaf for a “sinister” unsuccessful plot to sabotage loan programme with the International Monetary Fund (IMF) that could have overturned country’s economy. The comments came on the recent audio-leak of telephone calls of former Finance Minister Shaukat Tarin… Continue reading Audio Leak – Experts, businessmen denounce PTI’s plot to sabotage IMF programme

ADB approves $3 mln grant for Pakistan’s flood response

ISLAMABAD, Aug 31 (APP):The Asian Development Bank (ADB) approved on Wednesday a $3 million grant to support the Government of Pakistan’s emergency relief efforts amid widespread floods across the country. The grant, financed from the?Asia Pacific Disaster Response Fund (APDRF), will help fund the immediate purchase of food supplies, tents, and other relief goods to… Continue reading ADB approves $3 mln grant for Pakistan’s flood response

Govt maintaining exchange reserves amid flood crisis: Miftah

ISLAMABAD, Aug 31 (APP):Federal Minister for Finance and Revenue, Miftah Ismail said here Wednesday that Pakistan has been trying to maintain an optimum level of foreign exchange reserves amid flood damages to ensure exchange-rate stability and control inflation. During a meeting with a delegation of Coca Cola Icecek Pakistan, led by its General Manager, Ahmet… Continue reading Govt maintaining exchange reserves amid flood crisis: Miftah

ADB assures Pakistan of its support to build resilience, mitigate climate crisis

ISLAMABAD, Aug 31 (APP):President Asian Development Bank (ADB), Masatsugu Asakawa on Wednesday assured the Pakistan government of full support in building resilience and mitigating impact of climate crisis. “The news out of Pakistan is extremely distressing, my thoughts are with the victims and families affected by the severe floods”, he said on his official twitter… Continue reading ADB assures Pakistan of its support to build resilience, mitigate climate crisis

Exchange rates for currency notes

KARACHI, Aug 31 (APP):(31-08-22) CURRENCY SELLING BUYINGUSD 222.81 217.90GBP 260.20 254.45EUR 223.53 219.04JPY 1.6075 1.5721SAR 59.39 57.93AED 60.68 59.71 LIBOR FOR CALCULATING INTEREST ON SPECIAL USD BONDSLIBOR 1M 2.52386LIBOR 3M 3.06957LIBOR 6M 3.56643 US DOLLAR Indicative FBP Rates CURRENCY SIGHT/15 DAYS 1M 2M 3M 4M 5M 6M USD 219.11 218.15 216.43 214.99 213.24 211.50 209.91… Continue reading Exchange rates for currency notes

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