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Pakistan’s Liquid Foreign Reserves Position

Karachi, February 14, 2020 (PPI-OT):State Bank of Pakistan (SBP) here Thursday said the total liquid foreign reserves held by the country stood at US$ 18,735.4 million on 07-February-2020. The break-up of the foreign reserves position is as under:-   i)...
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An MoU signed between PBIT and a German Company Reuse Limited 

Lahore, February 14, 2020 (PPI-OT):An MoU signed between PBIT and a German Company Reuse Lt., which works to recycle waste and uses it for various industrial purposes. PBIT will facilitate the company to open a liaison office in Pakistan. It...
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Chairman Public Accounts Committee to chair a meeting of Public Accounts Committee 

Karachi, February 13, 2020 (PPI-OT):Chairman Public Accounts Committee will chair a meeting of Public Accounts Committee to consider the Auditor General’s report for the period 2010-11 and 2016-17 pertaining to Labour and Human Resources Department on Februa...
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Transcript of IMF Press Briefing

London, February 13, 2020 (PPI-OT):RICE: Good morning everyone and welcome to this press briefing on behalf of the International Monetary Fund. I’m Gerry Rice with the Communication Department. And as usual, this briefing will be embargoed until 10:30 a....
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Eleven (11) sites reserved for parks vacated during Anti-encroachment operations

Islamabad, February 13, 2020 (PPI-OT):Capital Development Authority (CDA) has vacated 11 sites reserved for parks in different sectors of the city. After vacating the sites have been handed over to Environment Wing of MCI for development and maintenance of par...
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Workers’ Remittances

Karachi, February 12, 2020 (PPI-OT):The remittances during January, FY20 (US $ 1,907.3 million) shows an increase of US $ 163.2 million or 9.3 percent growth over remittance received during corresponding month of FY19 (US $ 1,744.1 million),   On cumulati...
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State Bank to Further Facilitate Freelancers

Karachi, February 12, 2020 (PPI-OT):In order to broaden the scope of business-to-customer transactions through home remittance channel, the State Bank of Pakistan (SBP) has enhanced payment limits against freelance services in computer and information systems ...
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Ambassador of Germany calls on Chairman NAB

Islamabad, February 11, 2020 (PPI-OT):H.E. Mr. Bernhard Schlagheck, Ambassador of the Federal Republic of Germany to Pakistan called on Honourable Mr. Justice Javed Iqbal, Chairman National Accountability Bureau at NAB Headquarters here today and discussed mat...
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Capital Development Authority is conducting operations against encroachments and illegal constructions all over the city

Islamabad, February 10, 2020 (PPI-OT):Capital Development Authority (CDA) is conducting operations against encroachments and illegal constructions all over the city. Enforcement Directorate of the Authority with the assistance of Islamabad Administration and I...
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