Business owners say the recent rate cut provided by the central bank is insufficient.
Assistance intended to reduce and delay transmission of virus, decrease associated deaths.
The financing has nothing to do with Covid-19 and has been under negotiations for almost a year.
FM Qureshi calls European Union's foreign police chief to discussion the situation arising out of the pandemic.
For the first time since July last year inflation has seen downward trend for second month in a row.
Traders say that the continuous closure of markets and shop risks creating chaos.
Over $1.9bn of foreign investment in domestic bonds and equity flew out within the span of a month.
During the month of March, the Federal Board of Revenue sanctioned refunds worth Rs25bn to exporters.
Provisional figures showed the FBR collected Rs325bn in March against the projected target of Rs525bn.
Critical drugs needed for the fight against the coronavirus are running out.
Exchange Rates for Currency Notes
|Countries||Selling (Rs.)||Buying (Rs.)|
‘Initially, French beans fetched Rs4,800 per 50 kilograms. Now the price has fallen to Rs300-500.
Investing in health facilities has taken precedence over all other considerations to fight Covid-19.
There’re plenty of startups whose industry is countercyclical to this virus. They will most probably come out as gainers
Published in Dawn, The Business and Finance Weekly, March 30th, 2020
- Drug regulator dysfunctional as fight against Covid-19 rages
- OICCI seeks ease of curbs on industrial movement
- New system for tax refunds
- Global tourism to suffer
- Monetary expansion doubles
- Oil rally runs out of gas, stocks simmer
- PSX surges 1,208 points on value buying
- Trade officers to work on export order cancellations
- Food prices remain high despite fuel and commodity rates crash
- Dollar gains another 60 paisas in interbank
- Profits outflow dips to $974m in 8 months
- Byco refinery put on cold circulation
- Rs133bn projects approved
- Moody’s warns of challenges in raising funds
- Oil plunges
- Cement sector helps stocks avoid heavy losses