Day: July 31, 2022

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Pakistan’s Strategy for Navigating FY2023: Five Important Facts – Joint Statement by the Ministry of Finance and the State Bank of Pakistan

Karachi, July 31, 2022 (PPI-OT): 1. Pakistan’s problems are temporary and are being forcefully addressed. Pakistan’s foreign exchange reserves have fallen since February as foreign exchange inflows have been outpaced by outflows. The inflows mainly comprise of multilateral loans from the IMF, World Bank and ADB; bilateral assistance in the

Repatriation of IDPs of tribal districts continues 

Islamabad, July 31, 2022 (PPI-OT):The process of repatriation of Internally Displace Persons of tribal districts is in progress. An official of the Afghan Commissionerate said ration allowance of 8000 rupees per family is being given to returning families. He said one time assistance of 35,000 rupees per family is also

Government revises prices of petroleum products 

Islamabad, July 31, 2022 (PPI-OT):The government has decided to reduce the petrol prices by 3.05 rupee per litre. According to a press release issued by the Finance Division on Sunday, the price of High Speed Diesel has been enhanced by 8.95 rupee per litre, while Kerosene 4.62 rupee per litre.

ECC directs for setting up petroleum product prices within a week 

Islamabad, July 31, 2022 (PPI-OT):Economic Coordination Committee of the Cabinet has directed Petroleum Division to work out options in consultation with OGRA for setting up petroleum product prices within a week. Its meeting was held in Islamabad today with Minister for Finance and Revenue Miftah Ismail in the chair. The

Senate, NA to meet separately on Monday

Islamabad, July 31, 2022 (PPI-OT):Sessions of the Senate and the National Assembly will separately be held at the Parliament House in Islamabad at four p.m. tomorrow (Monday). Besides legislative business, both the Houses will take matters of national and international importance. For more information, contact: Ministry of Information and Broadcasting

Import bill declines to $5 billion in July: Miftah Ismail 

Islamabad, July 31, 2022 (PPI-OT):Finance Minister Miftah Ismael says government’s efforts to reduce imports have finally borne fruit and imports in July, have been only five billion dollars as compared to 7.7 billion dollars in June. In a tweet on Sunday, he said our government is determined to minimize the