The benchmark KSE-100 recorded its highest return of 38% since FY14 in PKR terms and highest return of 47% since FY04 in USD term
Economy
Adviser to Prime Minister on Trade Razak Dawood congratulated Pakistani exporters for achieving another milestone of success despite coronavirus.
Petrol new price is Rs 112.69, diesel new price is Rs 113.99 and kerosene new price is Rs 85.75 per liter.
FBR collects Rs4,725 billion during outgoing financial year 2020-21.
This is more than the Federal Board of Revenue’s annual tax collection target.
Tax collections increased by 18.2% during the current financial year, say FBR sources.
World Bank board of directors approved the Punjab Rural Sustainable Water Supply and Sanitation Project (PRSWSSP) to upgrade water supply and sanitation infrastructure.
Gauhar says “major LNG shipment” to arrive in Pakistan in the next 2-3 days.
Repair and maintenance of gas fields are unavoidable and necessary, says SAPM on Power.
The Finance Bill 2021-22 was thoroughly discussed clause by clause in the House and passed in the assembly on Tuesday.
World Bank approves $800 million loans for two programmes.
The $400 million PACE initiative focuses on measures to improve financial viability of power sector.
The $400 million SHIFT II programme supports a federal structure to strengthen basic service delivery for human capital accumulation.