Banks’ loans to the private sector dropped from 5.3 percent of GDP to 1.2 percent in the last 20 years, as per the World Bank (WB) data showing credit trends from 2001 to 2020.The WB is busy streamlining a picture of the current situation where the US …
Pakistan’s leading doctor booking and teleconsultation platform, Oladoc, has raised $1.8 million as part of its Pre-Series A round.The round was led by Sarmayacar Ventures along with participation from Doha Tech Angels and other angel investors. Althou…
All Pakistan Sugar Mills Association (PSMA), Islamabad Thursday termed its meetings with the federal and provincial governments as futile as they did not produce any solid outcome in the issues facing the sugar industry.In a statement, a PSMA spokesman…
Amid the National Assembly session on the Finance (Supplementary) Bill, 2021 and the prevailing LNG shortage, the electricity consumers have again been burdened with fuel cost adjustment for the month of November, as National Electric Power Regulatory …
The National Assembly is in progress to vote on the Finance Supplementary Bill 2021. The session started with Speaker Asad Qaiser in the chair.Meanwhile, a motion seeking to circulate the Finance (Supplementary) Bill, 2021 for eliciting opinion on it f…
The Senate Standing Committee on Cabinet Secretariat, in its meeting, on Thursday, at Parliament Lodges, discussed in detail the impact of furnace oil import on oil refineries and recurrent LNG issues.It also took stringent notice of the issues related…
The National Assembly (NA) has passed the contentious Finance (Supplementary) Bill, sometimes known as the “mini-budget,” in the penultimate hour of the day, in a longer session with fierce resistance from opposition benches.The NA approved the governm…
Islamabad:With the fifth wave of the Covid-19 pandemic intensifying, the National Command and Operation Centre (NCOC) decided on Friday to lower the age limit for a Covid-19 booster dose. The decision was taken at a meeting of the country’s nerve centre for Covid response in Islamabad. Citizens aged 18 years and above will be eligible […]
