Tue, 21-Oct-2025

US Dollar increases by Rs 28 paise against Pakistani Rupee

US DOLLAR TO PAKISTAN RUPEE

The US dollar has been increased on the first day of the trading week. [embedpost id=”50366″ slug=”usd-to-pkr-today-1-dollar-rate-in-pakistan-13th-july-2020″] According to the data released by the State Bank of Pakistan, the dollar has risen by 28 paise in the interbank market. Interbank closing #ExchangeRate for today: https://t.co/bGX6bK8BjM pic.twitter.com/BYargh8wKs — SBP (@StateBank_Pak) July 13, 2020 The Forex dealers … Read more

Punjab government to establish 13 Special Economic Zones

Punjab Govt to take action against hoarders of flour and sugar

Provincial Industries & Trade Minister Mian Aslam Iqbal has said that Punjab government is establishing 13 Special Economic Zones and establishment of new industrial sector will bring industrial revolution in Punjab. Mian Aslam Iqbal expressed these views while inaugurating a development project of a private sector in his constituency. He disclosed that Punjab will become … Read more

US Dollar increases by Rs 0.51 against Pakistani Rupee

US Dollar increases by Rs 0.51 against Pakistani Rupee

The value of the US dollar has risen again. According to a statement issued by the State Bank of Pakistan, the US dollar has risen by 51 paise in the interbank market. [embedpost id=”50366″ slug=”dollar-to-pkr-today-1-usd-to-pkr-6th-july-2020″] The Forex dealers said, the dollar has risen from PKR 166.21 to PKR 166.72 in the interbank market. Interbank closing … Read more

There is no democracy in Pakistan, says Saad Rafique

There is no democracy in Pakistan, says Saad Rafique

PML-N leader Khawaja Saad Rafique has said that if you can not run the government, hand it over to National Disaster Management Authority (NDMA). According to details, PML-N leader Khawaja Saad Rafique while addressing the National Assembly said that you are suffering from a misunderstanding because if you have to create a crisis and the … Read more

Local currency under pressure due to falling foreign reserves, says FPCCI

FPCCI

FPCCI President Mian Anjum Nisar says local currency under pressure due to falling foreign reserves, rising outflows amid debt repayments. The Federation of Pakistan Chambers of Commerce and Industry president Mian Anjum Nisar has urged the government to control surge of dollar against Pakistani currency, as the rupee has dropped to more than two-month low of … Read more

Pakistan receives $1 billion loan from ADB, World Bank to fight COVID-19

World Bank

The Asian Development Bank (ADB) and the World Bank has given by $1 billion to Pakistan on Wednesday (Jun 24). According to the details, Pakistan has received $500 million each from the Asian Development Bank (ADB) and the World Bank after which $1 billion has been increased in the foreign exchange reserves of the country. … Read more

Solving economic problems of common man is first priority: Usman Buzdar

Punjab govt decides to tighten lockdown in Lahore

The Punjab Chief Minister Usman Buzdar has said that solving the economic problems of the common man is our first priority, therefore unnecessary expenditure has been reduced. According to details, Punjab Chief Minister Usman Bazdar in his statement issued from Lahore said that the Coronavirus pandemic has affected every section and measures were proposed in … Read more

We know where the Pakistani economy stands, Mian Aslam’s reply to Hamza Shahbaz

Punjab govt to increase the scope of CM Self-Employment Scheme

Punjab Minister for Industry and Commerce Mian Aslam Iqbal has said that we need to know and explain where Pakistan’s economy stands so we do not need to explain. According to details, Punjab Minister for Industry and Commerce Mian Aslam Iqbal has told Hamza Shahbaz in response to objections to the Punjab government’s budget that … Read more

Inflation in Pakistan to be higher than other countries of region

ADB

The Asian Development Bank (ADB) has predicted that next fiscal year, Pakistan’s inflation rate will be higher than other countries in the region. According to details, the Asian Development Bank (ADB) has released the Asian Development Outlook Supplementary Report. According to a report released by the ADB, Pakistan’s economic growth is expected to be 2% … Read more

SC terms Imran Khan an honest and trustworthy: Asad Umer

Asad Umar

Federal Minister Asad Umar said, the Supreme Court said that Imran Khan is honest and trustworthy because the Prime Minister has brought money from abroad to Pakistan. According to details, responding to the statement of PML-N leader Khawaja Asif, Federal Minister Asad Umar said that in view of the present government, revenue has increased by … Read more

Decision not to increase salaries and pensions rejected

salaries

Chaudhry Muhammad Sarfraz, Central President Punjab Teachers Union has said that he rejects the decision not to increase salaries and pensions. According to details, Chaudhry Muhammad Sarfraz, in his address to the teachers union, said that he rejects the decision not to increase salaries and pensions. On the occasion, Syed Sajjad Akbar Kazmi said that … Read more

Who is to blame for decisions of selected Prime Minister? Bilawal Bhutto

details-of-rs-1100-billion-allocated-for-karachi-transformation-plan

Chairman Pakistan Peoples Party Bilawal Bhutto said that who will be blamed for the decisions and actions of the selected Prime Minister? According to details, PPP chairman Bilawal Bhutto Zardari has criticized the federal government in his message on the social networking website Twitter. How much will this selection ultimately cost Pakistan in terms of … Read more

Tiger Force task to make people follow SOPs: PM Imran Khan

Prime Minister explains solution to the problems of Karachi & Lahore

PM Imran Khan has said that we cannot stop the spread of coronavirus and we knew that when the lockdown would open and the virus would spread. According to details, PM Imran Khan while addressing the volunteers of Corona Relief Tiger Force said that the lockdown is not possible in Coronavirus, other countries are opening … Read more

US Economy on verge of facing $7.9tn loss due to global pandemic

Economy

Congressional Budget Office of the United States has projected that the country’s economy will take almost a decade to fully recover due to novel coronavirus. Media reports said that Congressional Budget Office has forecasted the current outbreak of novel coronavirus will cut US economic output by 3% between this year and 2030. CBO estimates this … Read more

QAR TO PKR: Today 1 Qatari Riyal to PKR, June 01, 2020

Qatar Riyal to PKR

Latest QAR to PKR exchange rate is RS 44.88 in the currency market today. This Qatari Riyal to Pakistani Rupee conversion tool allows you to compare the live inter-bank currency rate with competitive travel money exchange rates Also read: SAR TO PKR: Today 1 Saudi Riyal to PKR Qatari Riyal to PKR Today Here is an updated list of … Read more

FPCCI urges to withdraw discretionary power of FBR for multiple audit

FPCCI

FPCCI urged to withdraw discretionary power of FBR for Multiple audit and posting of Inland Revenue Official at business premises Federation of Pakistan Chambers of Commerce & Industry (FPCCI). Mian Anjum Nisar, President, Dr. Muhammad Arshad, Regional Chairman & Vice President and Zakaria Usman, Convener,Budget Advisory Council of the Federation of Pakistan Chambers of Commerce … Read more

Corporate tax rate in Pakistan is highest in region: President FPCCI

fpcci

FPCCI holds Pre-Budget consultative meeting with FBR The Federation of Pakistan Chambers of Commerce & Industry (FPCCI) held a video-link Conference with the Federal Board of Revenue (FBR) to discuss the FPCCI proposals for the ensuing Federal Budget 2020-21 at FPCCI Head Office Karachi, Capital Office Islamabad and Regional Offices Lahore & Peshawar. The FPCCI … Read more

NBP discusses economic slowdown due to COVID-19 pandemic

NBP

National Bank of Pakistan (NBP) hosted a Virtual Roundtable meeting to discuss the issues and challenges facing the Non-Bank Microfinance Institutions (NBMFIs) and their customers as a consequence of the economic slowdown due to COVID-19 pandemic. The Roundtable was attended by the CEOs of Pakistan’s largest NBMFIs including the National Rural Support Program, Kashf Foundation, … Read more

LCCI urges government to open markets, small industries

LCCI

Office-bearers and leaders of over 100 markets, at a Traders Consultative Conference hosted by the Lahore Chamber of Commerce & Industry  have urged the government to open markets and small industries immediately as lockdown now has become unbearable. LCCI President Irfan Iqbal Sheikh, Senior Vice President Ali Hussam Asghar, Vice President Muhammad Ali Mian, former … Read more

US Dollar declines by Rs1.44 against rupee in Interbank

Dollar to PKR: 1 USD to Pakistan Rupee, 5 June 2020

The US dollar today (April 30) decreased by Rs 1.44 in the interbank market. According to the details, comparing to the last opening value of Rs 161.61, the slipped represented a loss of 0.89 per cent. Tresmark’s analyst Eman Khan said that there was a break after two days of hot money outflows. Petrol prices … Read more

Punjab Provincial Development Working Party approves three development schemes

Punjab Provincial Development Working Party

The Punjab Provincial Development Working Party approved three development schemes of two sectors: Regional Planning (RP) and Agriculture at the total cost of Rs. 1,478.01 million. These schemes were approved in the 43rd meeting of Provincial Development Working Party (PDWP) of current fiscal year 2019-20 presided over the Chairman P&D Board Hamed Yaqoob Sheikh. All … Read more

Govt to initiates few economic sectors: Provincial Finance Minister

Minister of Finance Hashim Jawan Bakht

The Government of Punjab has constituted a working group of epidemiologists, public health specialists. applied economists, statisticians, public policy specialists to advise the government on health and economic impacts of COVID-19 through data modelling and predictive analysis regarding smart test sampling and allied matters. Minister of Finance Hashim Jawan Bakht, the convener of the Working … Read more

Asian Development Bank approves $200 m loan to support Philippine

Asian Development Bank

The Asian Development Bank (ADB) today approved a $200 million loan to support the Philippine government’s effort to provide emergency cash subsidies to vulnerable households amid the novel coronavirus disease (COVID-19) pandemic. “This global pandemic, of a kind not seen in the last century, has disrupted the livelihoods of millions of Filipinos and could set … Read more

Sindh govt orders more 86 industries to resume operations

industries to resume operations

The Sindh government has allowed 86 more industrial units to start their work again after undertaking to completely follow the SOPs made by the provincial government. According to the details, the government has introduce 11 points SOP to reopen business after lockdown and grant permission to 86 more industries to resume their operations. Earlier, The … Read more

Mian Aslam Iqabl calls on representatives of traders delegation

Mian Aslam Iqbal

Provincial Industries and Trade Minister Mian Aslam Iqabl meets with representatives of traders delegation at Civil Secretariat in which he was apprised about the problems being created in the wake of lockdown and difficulties being faced by them. They also intimated that businesses are getting affected owing to lockdown and government should grant them permission … Read more

Economy is facing extraordinary conditions due to COVID-19: Finance Minister

Finance Minister

A review meeting on the preparation of Budget 2020-21, chaired by Finance Minister Makhdoom Hashim Jawan Bakht, was held in the Chief Minister’s Secretariat today. The meeting was attended by Chief Secretary Punjab Azam Suleiman, Secretary Finance Abdullah Sunbal ,Chairman Planning and Development Sheikh Hamid Yaqub, Secretary Chief Secretary Iftikhar Sahoo and the concerned officers. … Read more

SMEs should be given soft loans of Rs. 1 million: LCCI President

LCCI President

Small & Medium Enterprises are backbone of the economy and their role is crucial for economic development of the country. Ongoing scenario demands special attention of the government towards SMEs. These views were expressed by the LCCI President Irfan Iqbal Sheikh while talking to Chief Executive Officer of Small & Medium Enterprises Development Authority (SMEDA) … Read more

Govt. to allow opening of export order based industrial units tomorrow

export

Ministry of Commerce has proposed to allow opening of industrial units with confirmed export orders, it was learnt. A meeting of National Command and Control Centre (NCOC), held on Thursday, decided that Ministry of Commerce will hold consultations with all the provinces for finalizing the procedure for opening of the industrial units with confirmed export … Read more