Category: Business

Business news from Pakistan

Miftah Ismail assures KP of full support, cooperation

ISLAMABAD, Aug 29 (APP):Federal Minister for Finance and Revenue Miftah Ismail Monday held a meeting with the Finance Minister of Khyber Pakhtunkhwa Taimur Saleem Jhagra here and assured him of full support and cooperation, The Finance Minister Khyber Pakhtunkhwa briefed Finance Minister Miftah Ismail about the finances of newly merged districts. He also shared about… Continue reading Miftah Ismail assures KP of full support, cooperation

Pakistan to face big challenge of food security due to floods, torrential rains: Ahsan Iqbal

ISLAMABAD, Aug 29 (APP):Minister for Planning, Development, and Special Initiatives Ahsan Iqbal Monday said that the country might face a big challenge of food security as rice, banana, onion and other agriculture produces have been badly affected due to the recent floods. He said that the recent floods and torrential rains have also damaged 40-50… Continue reading Pakistan to face big challenge of food security due to floods, torrential rains: Ahsan Iqbal

ASEAN a symbol of shared prosperity for world: Ambassador Phong

ISLAMABAD, Aug 28 (APP):Chairman ASEAN Committee Islamabad (ACI) Ambassador Nguyen Tien Phong on Sunday said that ASEAN is a symbol of shared Prosperity economic development for the whole world including Pakistan, which is a catalyst in global economy and trade. The Association of SouthEast Asian Nations (ASEAN) has established excellent economic and trade relations with… Continue reading ASEAN a symbol of shared prosperity for world: Ambassador Phong

Miftah welcomes Turkish investment

ISLAMABAD, Aug 26 (APP): Federal Minister for Finance and Revenue, Miftah Ismail here on Friday welcomed Turkish investments in various fields in Pakistan and assured of full cooperation and facilitation in this regard. The minister was talking to Ambassador of the Republic of Turkiye, Dr. Mehmet Pacaci who called on him here, according to press… Continue reading Miftah welcomes Turkish investment

IMF to release tranche on Monday after board meeting: Miftah

APP07-260822 ISLAMABAD: August 26 – Federal Minister for Finance Miftah Ismail addressing a press conference at PTV HQ. APP photo by Saeed-ul-Mulk

ISLAMABAD, Aug 26 (APP): Minister for Finance and Revenue Miftah Ismail Friday said the International Monetary Fund (IMF) would release the tranche (worth US$1.17 bn) to Pakistan after its board meeting on Monday. Addressing a press conference here, the minister said Pakistan had already fulfilled all the requirements of the IMF and it is very… Continue reading IMF to release tranche on Monday after board meeting: Miftah

Currency rates of NBP

KARACHI, Aug 26 (APP):Following are the selling/buying rates Of major currencies issued by the National Bank of Pakistan (NBP), here on Friday. CURRENCY SELLING BUYING USD 222.15 217.26GBP 262.62 256.81EUR 221.45 217.00 JPY 1.6252 1.5894SAR 59.21 57.75AED 60.48 59.55

Govt taking measures to keep growth momentum intact: Outlook

ISLAMABAD, AUG 25 (APP): The government is taking all possible measures to counter high inflationary and external sector pressures so that the growth momentum may remain intact, says Monthly Economic Update and Outlook for August 2022. “The economy of Pakistan is going through high inflationary and external sector pressures due to higher commodity prices both… Continue reading Govt taking measures to keep growth momentum intact: Outlook

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