New Policy was long awaited, country’s pharma manufacturers had been pressing hard for this new Contract Manufacturing Policy to improve their capacities to develop synergies with international pharmaceutical companies and they believe, with active government support, they can quadruple exports within the next five years.

In 'First Taxpayer Recognition Awards,' Fauji Fertilizer Company (FFC) has been awarded as “Largest Tax Payer from Manufacturing Sector (Nationwide).” President of Pakistan Arif Alvi attended the ceremony to encourage the tax culture in Pakistan.

National Logistics Cell (NLC) opened a dedicated office at Gwadar Port to facilitate business. Gwadar is set to become logistical hub of the region and NLC's presence in the port city shows that this is not just an ambition but a ground reality.

The exports of services during July-August (2021-22) were recorded at $1008.31 million against the exports of $799.94 million in July-August (2020-21), showing growth of 26.05 percent. The imports from the country also increased by 31.42 percent.

The minister highlighted government’s efforts to support industrial development through a set of policies and tax benefits to industries and specifically women entrepreneurs.

Minister for Energy in his senate speech compared the petroleum and diesel prices in Pakistan with prices in other countries across the world, leaving out oil producing countries. He also took a jab on the previous government when comparing the tax rates on petroleum products during their time.

In a meeting with the outgoing and incoming resident representatives of the IMF to Pakistan, Finance Minister Shaukat Tarin made the intentions of the government known towards the extended fund facility programme, and updated them on government's ongoing initiatives.

Oraan is Pakistan's first women-led fintech startup to have raised $3 million in funding. The Startup is aiming to increase financial accessibility for women in Pakistan and hopes to become a full-fledged neobank and very heavily based on the community.

Looking at Pakistan's commitment to managing the Covid pandemic, the Paris Club of creditor countries decides to extend Pakistan's deadline for debt payment. The country has until December to make the payment, the club said in a statement, without releasing a figure.

State Bank of Pakistan has revised Prudential Regulations (PRs) to moderate demand growth in consumer financing for automobiles, personal loans and credit cards in the country. Analysts were quick to point out the fallacies of such regulation for the economy.

Minister for Planning and Development Asad Umar on Thursday did a press conference on the recent updates regarding the CPEC following the 10th session of the JCC. Minister highlighted the new MoUs signed between countries.

In a press conference on Wednesday, the finance minister informed the nation regarding the economic performance of the PTI government, and the steps being taken to control inflation in the country. He maintained that Pakistan’s economy was performing well and is on its way to recovery.