The government is contemplating increasing the electricity tariff by Rs. 3.3 per unit by mid-January, additional taxation of up to Rs. 200 billion, and a potential increase in the discount rate. These measures are likely to be introduced as a mini-budget before resuming talks with the International Monetary Fund, reported a national daily. These measures
PSX Poised to Reach a New High in 2021, Expected to Cross 55K
BMA Capital Management Limited, a brokerage house has released a report on Pakistan’s Investment Strategy for 2021 and has made some exciting predictions regarding the Pakistan Stock Exchange. BMA Capital says that KSE-100 is likely to touch 55,000 points by December 2021. Here are two main factors that may lead to this result and why
Pakistan Records Highest Ever Exports for December
Adviser to Prime Minister of Pakistan for Commerce and Investment, Abdul Razak Dawood, said on Friday that Pakistan’s exports for December 2020 have grown by 18.3 percent to $2.357 billion. Pakistan’s exports grew for the fourth consecutive month in December. He said that this is the highest export ever in December, adding, “for the period
Pakistan’s Consumer Inflation Drops to 8% in December
Pakistan’s consumer inflation eased to 8 percent in December, compared with November’s 8.3 percent on the back of a slight decrease in rates of perishable food items and the transport index. According to the data released by the Pakistan Bureau of Statistics, the CPI inflation General increased by 8.0 percent on a year-on-year basis in
PM congratulates exporters on record exports with growth of 18%
Prime Minister Imran Khan has congratulated all the exporters on achieving record exports last month with a growth of 18 percent over the previous year. In a tweet, he appreciated the development and urged the exporters to keep up this trend. The Prime Minister said a major pillar of our government’s economic policy is export
KP CM directs for early completion of digitalization process of land record
No Comment Government & Politics
Chief Minister Khyber Pakhtunkhwa Mahmood Khan has directed the concerned authorities for early completion of digitalization process of land record across the province. Chairing a meeting in Peshawar, he said a mechanism should be evolved to make the digitization process easy and speedy. Mahmood Khan said the government is committed to provide every facility to
Sindh Govt to set up Corona Vaccine Center at Expo Center Karachi
No Comment Government & Politics
Sindh Government has decided to set up Corona Vaccine Center at Expo Center Karachi. In this regard, Provincial Health Minister Dr. Azra Pechuho visited the Expo Center and reviewed the arrangements. On this occasion, Dr. Azra Pechuho said that the cold chain and other arrangements will be finalized soon. Source: Radio Pakistan
Dr. Yasmin hopes COVID-19 vaccine may reach Pakistan by February
Punjab Health Minister Dr Yasmin Rashid has expressed the hope that coronavirus vaccine may reach Pakistan by February this year. She was addressing oath taking ceremony of new office-bearers of Pakistan Medical Association organized at the Cosmopolitan Club in Lahore. Dr Yasmin Rashid said the government has reserved Rs 14 billion to fight the pandemic.
Steps being taken to promote tourism in Balochistan: CM
No Comment Government & Politics
Chief Minister Balochistan Jam Kamal Khan has said that concrete steps are being taken to promote tourism and protect archeological sites in the province. Chairing a meeting in Quetta to review the progress on development schemes related to promotion of tourism and culture, he said that promoting tourism, culture and art will reflect the positive
Sehat Sahulat Card of Zone-III launched in Peshawar
Khyber Pakhtunkhwa Chief Minister Mahmood Khan has termed provision of Sehat Sahulat Card a milestone pragmatic step towards the pattern of state of Madina. Addressing the launching ceremony of Sehat Sahulat Card of Zone-III in Peshawar on Friday, he hoped health Card will ensure solution of free healthcare related issues in the province. He said