The Federal Minister for Economic Affairs, Omar Ayub Khan chaired a high-level meeting to review the progress of the Tarbela Hydropower Project (T5), Dasu Hydropower Project, and Dasu-Mansehra-Islamabad Transmission Line.The meeting was attended by sen…
Economy
Finance Minister Delighted With Pakistan’s Islamic Banking Industry
Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, delivered a keynote address (through a video link) during the Round Table Conference (RTC) organized by the Daily Pakistan Observer on the topic “Islamic Banking – The Way Forward” in Karachi…
Government’s Prudence to Ease Lockdown Helped Economy: Federal Ministers
The COVID-19 pandemic triggered a widespread global shutdown, halting major economic activities that depressed demand and disrupted supply chains. The manufacturing sector was one of the hardest-hit segments from COVID-19.This was said in a joint devel…
Pakistan starts its journey towards economic growth: Buzdar
Punjab Chief Minister Sardar Usman Buzdar says Pakistan has started its journey on the path of economic growth.Talking to Federal Minister for Water Resources Chaudhry Moonis Elahi in Lahore today, he expressed the commitment to serve the public withou…
CCoE Unhappy With FIA’s Failure to Complete Forensic Audit on Petroleum Crisis
The meeting of CCoE was held under the chair of Federal Minister for Planning, Development, and Special Initiatives Asad Umar in which two agenda items were discussed.Sources told ProPakistani that the cabinet committee has shown annoyance with the FIA…
Shell Pakistan Makes A Major Turnaround Posting A Huge Profit in H1 2021
The Board of Directors of Shell Pakistan Limited (SPL) announced the half-year 2021 financial results on August 26th.The company posted a profit after tax of Rs. 2.150 billion as compared to the loss of Rs. 7.873 billion, made in the same period last y…
Rupee Finally Posts Blanket Gains Against All Major Currencies
The Pakistani Rupee had shot over Rs. 166 to the US Dollar for the first time yesterday since early September 2020. Today, it reversed some of its losses, closing moderately below Rs. 166 to the US Dollar.During this time last year, the Pakistani Rupee…
SBP Launches Roshan Apna Ghar Scheme For Overseas Pakistanis
After the overwhelming success of Roshan Digital Accounts and varoius relevant features to facilitate expatriate Pakistanis, the State Bank of Pakistan will be launching this week a new product, Roshan Apna Ghar, for non-resident Pakistanis for the acq…