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Top mettisglobal.news News

ECB expected to cut rates again as Trump trade war rumbles on
European Central Bank · United States

ECB expected to cut rates again as Trump trade war rumbles on

46% Center coverage: 24 sources
See the Story
Pakistan’s anti-polio drive suffers a blow after a northern enclave reports first case in 7 years
Polio · Peshawar

Pakistan’s anti-polio drive suffers a blow after a northern enclave reports first case in 7 years

50% Left coverage: 16 sources
See the Story
Oil Prices Rise Despite OPEC+ Output Hike Plans
Oil and Gas Sector

Oil Prices Rise Despite OPEC+ Output Hike Plans

50% Right coverage: 4 sources
OPEC+ is expected to fully reverse its 2022 production cuts by October, but oil prices continue rising amid geopolitical tensions and strong gasoline demand.See the Story

ADB Approves $800M Financial Package for Pakistan

Coverage: 2 sources
The Asian Development Bank (ADB) has approved an $800 million financial package for Pakistan under the Resource Mobilization Reform Program (Subprogram-II). According to the Ministry of Finance, the package includes a $300m policy-based loan (PBL) and a $500m program-based guarantee (PBG). This significant development is the result of joint diplomatic efforts by the Ministry of Economic Affairs and the Ministry of Finance. The initiative aims to…Finance · PakistanSee the Story

Aurangzeb Reaffirms Pakistan's Commitment to Economic Growth at SCO Finance Meet

Coverage: 2 sources
Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, reiterated Pakistan’s unwavering commitment to fostering regional economic cooperation at the Shanghai Cooperation Organization (SCO) Finance Ministers and Central Bank Governors meeting in Beijing on Tuesday. The virtual address highlighted Pakistan's ongoing dedication to advancing economic stability, prosperity, and development within the SCO framework. Senator Aurangzeb re…Taxes · PakistanSee the Story

PKR weakens by 15 paisa against USD

June 03, 2025 (MLN): The Pakistani rupee (PKR) decreased by 14.94 paisa or 0.05% against the US dollar in Tuesday's interbank session to settle the trade at PKR 282.12 per USD, compared to previous closing of 281.97. Throughout the day, the currency saw an intraday high (bid) of 282.5 and a low (ask) of 284.4. In the open market, exchange companies quoted the dollar at 282.50 for buying and 284.40 for selling. In comparison to major currencies, …Trade · KarachiRead Article

Pakistan boosts energy ties with Azerbaijan

June 03, 2025 (MLN): The government has strengthened cooperation with Azerbaijan in the energy sector, according to Minister for Petroleum Ali Pervaiz Malik. During his visit to Baku, the Minister met with Azerbaijan’s Minister of Energy, Parviz Shahbazov, and termed the Baku Energy Forum a vital platform for international collaboration in the energy domain. He also commended the continued support of brotherly nations in advancing Pakistan’s ene…Pakistan · PakistanRead Article

MG Pakistan overcomes delays to maintain service

June 03, 2025 (MLN): MG Pakistan has reaffirmed its commitment to quality and customer satisfaction by airlifting critical vehicle components to address recent geopolitical disruptions. The temporary shipment rerouting caused minor delays in some color variants of the MG HS PHEV Pakistan’s first locally assembled plug-in hybrid and in the delivery of free 7KW chargers. In response, MG Pakistan quickly airlifted essential kits and components to r…Pakistan · PakistanSee the Story

World confidence grows as Pakistan’s economy gains momentum

June 03, 2025 (MLN): Pakistan’s economic revival gains momentum as independent surveys and major global financial institutions highlight rising optimism and strong endorsements, according to a recent post on X by Khurram Schehzad, Advisor to the Finance Minister. Ipsos reported that consumer confidence reached a six-year high, and PwC noted CEO optimism soared to 83%. OICCI’s Business Confidence Index jumped from –5% to +11%, and Gallup highligh…Economy · PakistanRead Article

NBP issues foreign exchange rates

June 03, 2025 (MLN): The treasury management division of the National Bank of Pakistan (NBP) on Tuesday issued the following exchange rates. Ready Transaction Rates Currency Symbol TT Selling TT Buying US DOLLAR USD 282.35 281.85 EURO EUR 322.61 322.04 JAPANESE YEN JPY 1.9739 1.9704 BRITISH POUND GBP 381.84 381.16 SWISS FRANC CHF 345.01 344.40 CANADIAN DOLLAR CAD 205.64 205.27 AUSTRALIAN DOLLAR AUD 182.66 182.33 SWEDISH KRONA SEK 29.77…Pakistan · PakistanRead Article

FinMin to Approve Budget Honorariums

100% Center coverage: 1 sources
A cabinet body on Monday approved a new honorarium policy for the civil servants, giving discretionary powers to the finance minister to approve as many as budget honorariums for the employees of economic ministries, parliament and Prime Minister's Office, according to an official statement. Headed by Finance Minister Muhammad Aurangzeb, the Economic Coordination Committee (ECC) of the cabinet "approved a summary by the Finance Division, outlini…Finance · KarachiSee the Story

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