- 26 April, 2024
November 4, 2021
Pakistan’s Cotton Production Almost Doubles Due to Timely Rains
- . November 4, 2021
Pakistan’s cotton output has soared up to 6.2 million bales in the current season (June-Nov), a surge of 81 percent compared to the same period last year, owing to timely rains and better incentives to the farmers.According to Pakistan Cotton Ginners’ …
Pakistan Secures Multi-million Dollar Murabaha Financing for Petroleum Imports
- . November 4, 2021
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…
Pakistan to Develop Trade Ties With Neighbors and Promote Foreign Investment
- . November 4, 2021
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…
MCB Bank, 1Link Partner to Facilitate PayPak Cardholders in eCommerce Transactions
- . November 4, 2021
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…
COP26: UK Pledges Over £55 Million to Help Pakistan Fight Climate Change
- . November 4, 2021
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…
Rupee Posts Losses Against All Currencies After 6 Days of Big Gains
- . November 4, 2021
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…