Finance
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Quarter-1 revenue posts Rs 40.9 billion deficit
ISLAMABAD (December 01 2002) : Total revenue during the first quarter remained at Rs 153.527 billion (3.8 percent of GDP)…
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Petroleum prices further cut by Rs 2 per litre; Pakistan State Oil, Shell cut HSD prices
KARACHI (December 01 2002) : Oil Companies Advisory Committee (OCAC), for the second consecutive fortnight, reduced the oil product prices…
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State Bank guidelines for banks, DFIs to boost good governance
KARACHI (December 01 2002) : The State Bank of Pakistan (SBP) has issued a circular to all banks and DFIs…
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Banks advised to tap new sectors
KARACHI (December 01 2002) : The Advisor to the Prime Minister of Pakistan on Finance and Economic Affairs, Shaukat Aziz,…
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All public sector entities, but Pakistan International Airlines, suffer loss
ISLAMABAD (November 29 2002) : In the first quarter of 2002-03 except PIA all the public sector organisations remained in…
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Pakistan International Airlines misses revenue target by Rs 637 million
ISLAMABAD (November 29 2002) : Pakistan International Airlines (PIA) missed the revenue target in the first quarter of current financial…
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State Bank asks banks to set a benchmark for lending to clients
KARACHI (November 29 2002) : The State Bank of Pakistan wants the banks to come up with a benchmark for…
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Oil & Gas Development Corporation, Habib Bank shares may be sold through bourses
KARACHI (November 29 2002) : The government might sell shares in Oil & Gas Development Corporation (OGDC) and Habib Bank…
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Securities, Exchange Commission reforms leave positive impact on capital market
LAHORE (November 29 2002) : The capital market reforms initiated in 1993, in collaboration with the Asian Development Bank (ADB)…
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SBP slashes 6-month treasury bills rates by 1.53 percent
KARACHI (November 28 2002) : The State Bank of Pakistan on Wednesday has cut the 6-month Treasury Bills rates by…