Karachi, April 14, 2020: The State Bank of Pakistan today released its Second Quarterly Report for FY20 on the State of Pakistan’s Economy. According to the report, the stabilization efforts and regulatory measures yielded notable improvements during the first half of FY20. The current account deficit contracted to a six-year low, foreign exchange reserves increased,…
Establishment of new orchards with new varieties can lead export enhancement to one billion US$. Karachi, December 7, 2019: Export of Kinnow from Pakistan has just commenced and an export target of 300,000 metric ton has been set for the current season which is expected to generate valuable foreign exchange of US$ 19.5 million. Of…
Karachi, August 5, 2019: Commercial Banks are failed to achieve agricultural credit disbursement target for the last financial year (FY2019). Agricultural credit target achievements in FY 2018-19 Banks made disbursements of Rs 1,174 billion or 94 percent against the ambitious target of Rs 1,250 billion set by the for 2018-19. According to the State Bank…
Islamabad, June 11, 2019: Federal Budget with a total outlay of 7022 billion rupees for the next fiscal year, containing relief for the poor and measures for economic stabilization and fiscal discipline, has been announced. Minister of State for Finance Hammad Azhar presented the budgetary proposals in the National Assembly on Tuesday evening. The resource…
United Nations, April 12, 2019: Pakistan is increasing women’s participation in UN peacekeeping missions and has already met the 15 per cent goal set by the world body in the female component of its troop contributions, Ambassador Maleeha Lodhi has told the Security Council. “We believe, increased participation of female peacekeepers, and encouraging more women…