Pakistan has arranged $761.5 million in Murabaha financing from the International Islamic Trade Finance Corporation (ITFC) to import petroleum products on deferred payment.The development was announced in a series of tweets by Economics Affairs Divisio…
Advisor on Finance Shaukat Fayaz Tarin and Advisor on Commerce Abdul Razzak Dawood called on Prime Minister Imran Khan today (Thursday). Advisor on Finance briefed the Prime Minister on the overall economic situation.The commerce advisor briefed the Pr…
Building upon SBP’s vision of promoting Pakistan’s domestic payment scheme PayPak, MCB Bank (MCB) has signed an agreement with 1LINK, to facilitate PayPak cardholders in conducting online eCommerce transactions.MCB PayPak Debit Card customers will soon…
The United Kingdom has announced more than £55 million worth of support to help Pakistan tackle climate change as part of the COP26 Global Climate Change Summit this week.As global leaders come together for the COP26, this is a critical time for Pakist…
The Pakistani Rupee (PKR) finally posted blanket losses against the US Dollar after a week. The local unit deteriorated by 4 paisas against the greenback in the interbank currency market today.The PKR traded between Rs. 170.12 to the USD and Rs. 169.85…
Economic Coordination Committee (ECC) of the Cabinet in Islamabad today.Adviser to the Prime Minister on Finance & Revenue, Shaukat Tarin, Federal Minister for Industries & Production, Mak…
The freelance earning in Pakistan, during the first quarter of the fiscal year 2021-22, grew by 21.37%, surging from $87.247 million to $105.895 million as compared to the first quarter of the previous fiscal year.Out of the total amount earned through…
The Punjab government has abolished the registration and examination fees for all differently-abled students enrolled in public and private technical education institutes.The decision emerged during a meeting of the Punjab Board of Technical Education …
Sindh Health Minister, Dr. Azra Pechuho, has called on the Pakistan Medical Commission (PMC) to reduce the minimum passing criteria of the Medical and Dental College Admission Test (MDCAT) from 65 to 50 marks for the medical students of Sindh.In a lett…
Former Pakistan fast bowler, Shoaib Akhtar, believes Pakistan are front-runners to win the 2021 T20 World Cup if they manage to keep their focus and keep on playing the way they have played throughout the tournament.Shoaib said that Pakistan’s magnific…
