Category Archives: Market

Pakistan Gets Annual Financing Worth $1.1 Billion from ITFC for Fuel Import

Minister for Economic Affairs, Makhdum Khusro Bakhtyar, witnessed the signing ceremony of the International Islamic Trade Finance Corporation’s (ITFC) Annual Financing Plan 2021 for the Government of Pakistan, amounting to $1.1 billion. The document was signed by Secretary Economic Affairs

RTO Rawalpindi seizes 150 cartons of counterfeit cigarettes

In compliance with Prime Minister’s special instructions and under the leadership of Chairman Federal Board of Revenue, Inland Revenue Enforcement Network is actively targeting the illicit sale and transportation of cigarettes throughout the country. According to FBR, a special team

NPMC reviews price trend of essential commodities

Finance Minister Dr Abdul Hafeez Shaikh has reiterated government’s commitment to ensure provision of essential commodities at affordable prices across Pakistan. Chairing weekly meeting of the National Price Monitoring Committee in Islamabad today (Monday), he urged the Provincial Governments and

Govt plans distributing 5,000 tractors Under ‘Kamyab Kissan’

The government has planned to distribute five thousand tractors among the youth under Kamyab Kissan Programme to boost the agriculture sector in the country. According to APP, So far over 25 tractors have been distributed among the youth. The ‘Kamyab

7th Session of Commerce Secretaries level talks b/w Pakistan Sri Lanka virtually held in Islamabad

The 7th Session of Commerce Secretaries Level Talks, hosted by Pakistan, were held virtually in Islamabad between the Democratic Socialist Republic of Sri Lanka and the Islamic Republic of Pakistan. The delegates from both sides engaged in productive and meaningful

Pakistan Software Export Board to Sign MoU with PSX Soon

In yet another major step towards ensuring sustainable growth of Pakistan’s IT Industry, Pakistan Software Export Board (PSEB) will shortly be signing a Memorandum of Understanding (MoU) with Pakistan Stock Exchange (PSX). PSEB is the attached department of the Ministry

Farmers to acquire techniques, skills for enhancing productivity: Fakhar

Minister for National Food Security Syed Fakhar Imam has appreciated the support of the Dutch government in building the capacity of farmers in Pakistan. He was speaking at the launch of a capacity building project for potato growers in Punjab,

Govt Renames EV Board to Pakistan Technology Development Board

The federal government has decided to rename the Electric Vehicle Development Board the ‘Pakistan Technology Development Board’, in consideration of the Engineering Development Board’s (EDB) limited capacity to deal with new technologies. Sources told Propakistani that the decision was made

Pakistan to Issue Green Bond for Hydropower Projects

Pakistan’s government is planning to issue a $500 million green bond in the next few months to help boost its development of hydroelectric power, Bloomberg reported. Adviser to Prime Minister Imran Khan on climate change, Malik Amin Aslam, spoke to the

Commerce Advisor Asks for Speedy GI Registration of Pakistani Products

A meeting was chaired by the Advisor to the Prime Minister on Commerce and Investment, Abdul Razak Dawood, to discuss issues of registration of Geographical Indications (GI) on a priority basis. The meeting was attended by Secretary Commerce and Chairman