ISLAMABAD, Jun 10 (APP): The National Electric Power Regulatory Authority (NEPRA) has issued a total of 5,283 new licences for net-metering based installation of around 90.15 MW in first nine months of the current fiscal year. As of March 31, 2021, a total of 10,563 generation licences for net-metering based solar installations with a cumulative… Continue reading NEPRA issues 5,283 new net-metering licences in nine months
Category: Business
Business news from Pakistan
5,237 water courses improved, 1,439 constructed during FY 2020-21
ISLAMABAD, Jun 10 (APP): Despite the COVID-19 pandemic, all efforts were made to fully protect the on-going water sector development programme during fiscal year 2020-21 in order to ensure availability of water to enhance areas under different crop production. According the Economic Survey of Pakistan launched here Thursday it was expected about 22 on-going projects… Continue reading 5,237 water courses improved, 1,439 constructed during FY 2020-21
Covid-19 pandemic directly impacts 42 mln school going children
ISLAMABAD, Jun 10 (APP): The Covid-19 pandemic has directly impacted 42 million school going children from pre-primary and primary to higher secondary and degree college levels during last nine months of this fiscal year. Minister for Finance and Revenue, Shaukat Tarin while announcing the economic survey 2020-21 here on Thursday said, education is among the… Continue reading Covid-19 pandemic directly impacts 42 mln school going children
Petroleum consumption increases by 17.6% in nine months
ISLAMABAD, Jun 10 (APP): The country’s consumption of petroleum products has increased from 12.5 million ton (MT) to 14.7 MT during first nine months (July-March) of the current fiscal year, posting a growth of around 17.6 percent. According to the Economic Survey 2020-21 launched by Minister for Finance and Revenue Shaukat Tarin here at a… Continue reading Petroleum consumption increases by 17.6% in nine months
Govt endeavours to preserve MHNP wildlife through institutional capacity buildup: Survey
ISLAMABAD, Jun 10 (APP): The government has been endeavouring to preserve Margalla Hills National Park (MHNP) unique ecosystem, home to one of the unique and exotic biodiversity facing various threats. The challenges for the protection and preservation of wildlife of the MHNP could be managed through improvement and effective implementation of Islamabad Wildlife (Protection, Preservation,… Continue reading Govt endeavours to preserve MHNP wildlife through institutional capacity buildup: Survey
Livestock contributes 60.1 % to agriculture value addition,11.5 % to GDP during FY 2020-21
ISLAMABAD, Jun 10 (APP): The livestock sector has contributed 60.1 percent to the agriculture value addition and 11.5 percent to the GDP during fiscal year 2020-21 as livestock in the country has emerged as the largest subsector in agriculture. According to Economic Survey of fiscal year 2020-21, more than 8 million rural families are engaged… Continue reading Livestock contributes 60.1 % to agriculture value addition,11.5 % to GDP during FY 2020-21
LPG sector attracts Rs 17.08 b investment in nine months of FY 2020-21
ISLAMABAD, Jun 10 (APP): The ease-of-doing-business plan introduced by the Pakistan Tehreek-i-Insaf (PTI) government has started yielding the required results as the Liquefied Petroleum Gas (LPG) sector has attracted around Rs 17.08 billion investment for its infrastructure development during first nine months of the current fiscal year. The country’s total supply of LPG stood at… Continue reading LPG sector attracts Rs 17.08 b investment in nine months of FY 2020-21
PBM spends Rs252.884 mln on women empowerment during FY 2020-21
ISLAMABAD, Jun 10 (APP): Pakistan Bait-ul-Mal (PBM) has spent a sum of Rs252.884 million on providing free vocational training to widows, orphans and poor girls in 154 Women Empowerment Centres (WECs). According to the Economic Survey of financial Year 2020-21 launched by Minister for Finance and Revenue Shaukat Tarin here on Thursday, the across the… Continue reading PBM spends Rs252.884 mln on women empowerment during FY 2020-21
Country’s exports touch $ 20.9 billion during FY 2020-21
ISLAMABAD, Jun 10 (APP): The exports from the country during July-April, 2020-21 had reached to $ 20.9 billion compared to US$ 18.4 billion during the same period last year, showing impressive growth of 13.6 percent. The country’s exports shown an growth of 13.6 percent in last 10 months of current FY 2020-21, as compared to… Continue reading Country’s exports touch $ 20.9 billion during FY 2020-21
PNSC makes significant progress in bulk, liquid cargo segment
ISLAMABAD, Jun 10 (APP): Pakistan National Shipping Corporation (PNSC) Group has made significant progress in bulk and liquid cargo segments and despite of pandemic, it achieved Rs. 1,235 million profit during this year. According to Economic Survey 2020-21, announced in a press conference by Minister for Finance and Revenue here on Thursday, the turnover stood… Continue reading PNSC makes significant progress in bulk, liquid cargo segment
Agriculture credit disbursement witnessed 4.6 % growth
ISLAMABAD, Jun 10 (APP): Despite the global pandemic, agriculture credit disbursement remained encouraging during July-March, 2020-21 as agriculture lending institutions have disbursed Rs 953.7 billion which are higher than 4.6 percent as compared the disbursement of the corresponding period of last year. So far 63.6 percent of the annual target of disbursement achieved and it… Continue reading Agriculture credit disbursement witnessed 4.6 % growth
KP CM okays master plan of New Balakot City
PESHAWAR, Jun 10 (APP): Chief Minister Khyber Pakhtunkhwa Mahmood Khan Thursday agreed in principle to the proposed master plan for the completion of the New Balakot City project and directed the authorities to redress the legitimate concerns of the earthquake affectees of the old Balakot city. He further directed that the restoration of the confidence… Continue reading KP CM okays master plan of New Balakot City
Pakistan offering low-price essential commodities as compare to Int’l market
ISLAMABAD, Jun 10 (APP): Pakistan, despite COVID pandemic and financial constrain was providing essential commodities including sugar, wheat, flour, petrol and edible oil on low prices to the people as compared to the International market. In one year, the price of sugar in Pakistan increased by 19.70% while in the international market it increased by… Continue reading Pakistan offering low-price essential commodities as compare to Int’l market
Despite Coronavirus, prudent policies steer economy to grow at 3.94pc in FY21: Tarin
ISLAMABAD, Jun 10 (APP): Federal Minister for Finance and Revenue, Shaukat Tarin Thursday said that owing to prudent and timely policies adopted by the government, Pakistan achieved remarkable gross domestic product (GDP) growth of 3.94 percent during the ongoing fiscal year (2020-21), amid hostile Covid-19 situation, which had hit hard the world economies. Addressing the… Continue reading Despite Coronavirus, prudent policies steer economy to grow at 3.94pc in FY21: Tarin
Around Rs8 trillion national budget to be presented Friday
ISLAMABAD, Jun 10 (APP): Pakistan Tehreek-e-Insaf government is going to present its third budget for the fiscal year 2021-22, with an estimated outlay of around Rs8 trillion, on June 11 (Friday). The National Assembly is already in session where the budget for the fiscal year 2021-22 would be presented, official sources said. Like last year,… Continue reading Around Rs8 trillion national budget to be presented Friday
Pakistan Economic Survey 2020-21 launched
ISLAMABAD, Jun 10 (APP): Federal Minister for Finance and Revenue Shaukat Tarin Thursday formally launched the pre-budget document, ‘Pakistan Economic Survey 2020-21’. The pre-budget document shared the key economic indicators and the performance of different sectors of the economy during the fiscal year 2020-21. The survey highlighted the main features of the policies undertaken by… Continue reading Pakistan Economic Survey 2020-21 launched
Rs 900 billion allocated for federal development projects in Budget 2021-22
ISLAMABAD, Jun 9 (APP):The Senate Standing Committee on Planning, Development and Special Initiatives on Wednesday informed that Rs 900 billion have been allocated for federal development projects in upcoming Budget 2021-22. The committee notified that in totality Rs 900 billion have been allocated for federal and Rs 1,202 billion for provincial development projects. The 1st… Continue reading Rs 900 billion allocated for federal development projects in Budget 2021-22
Pharmaceutical Products export increase record 28.38%
ISLAMABAD, Jun 9 (APP):The export of pharmaceutical products, as compared to the last year, rose to 28.38 percent during first ten months of FY 2020-21. According the data released by the Pakistan Bureau of Statistics, during the period from July-April 20-21,Pharmaceutical products worth US $ 226,593 thousand exported as compared to worth US $ 176,497… Continue reading Pharmaceutical Products export increase record 28.38%
Soomro stresses to formulate PFCs for equitable distribution of resources
ISLAMABAD, Jun 9 (APP):Federal Minister for Privatization Muhammad Mian Soomro on Wednesday stressed the need for formulating provincial finance commission in order to ensure equitable distribution of resources among the under privileged areas of the provinces to bring them at par with developed areas of the country. Addressing a press conference along with Minister for… Continue reading Soomro stresses to formulate PFCs for equitable distribution of resources
Depleting water resources call for conservation,management: Leghari
LAHORE, Jun 09 (APP):Punjab Irrigation Minister Muhammad Mohsin Khan Leghari said Wednesday that water conservation and management should be the unavoidable part of every one as depleting water resources have become a biggest threat. He was talking to President of the Lahore Chamber of Commerce & Industry (LCCI) Mian Tariq Misbah and Vice President Tahir… Continue reading Depleting water resources call for conservation,management: Leghari
- Iranian President reiterates commitment to promote bilateral relation with Pakistan
- President of IR Iran, Seyed Ebrahim Raisi is addressing the ceremony in his honour at CM House.
- Iranian President, Dr. Seyed Ebrahim Raisi is being conferred a degree by Governor Sindh Kamran Khan Tessori.
- Mass graves in Gaza show victims’ hands were tied: UN
- President Raisi accorded warm welcome on arrival in Karachi
