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Daily Archives: January 12, 2022

EU GSP+ Review Mission to Visit Pakistan Next Month

An EU mission, the panel was informed, will visit Pakistan in February in connection with the extension of Good Governance and Sustainable Development (GSP Plus) status. It will monitor the situation of human rights, women rights, minority rights, labo…

FBR Begins Budget Preparation Exercises for FY23

Starting its budget preparation exercises for the fiscal year (2022-23), the Federal Board of Revenue (FBR) has sought customs-related proposals from all the Chambers of Commerce and Industry by March 31, 2022.In this regard, FBR has issued a letter to…

Pakistan’s Economic Fundamentals Remained Stable Despite COVID: Governor SBP

Pakistan’s economic fundamentals and overall performance remained stable during the COVID-19 pandemic, said Governor State Bank of Pakistan (SBP) Dr. Reza Baqir.Addressing ‘The Future Summit’ in Karachi, Dr. Reza Baqir reflected on how Pakistan’s econo…

Regal Automobiles Raising Rs. 800 Million Through PSX to Launch Electric Cars in Pakistan

Regal Automobiles Industries Limited has planned to get listed at Pakistan Stock Exchange (PSX) to generate funds of around Rs. 800 million for setting up set up an assembly line for the manufacturing of electric cars in Pakistan.The company will float…

Finance Ministry Concerned About Increase in Sugar Prices

National Price Monitoring Committee (NPMC) of the Ministry of Finance has expressed concerns about the marginal increase in sugar prices across various cities during a recent meeting. Federal Minister for Finance and Revenue, Mr. Shaukat Tarin, preside…