ASAD UMER MEETS IMF

MORNING NEWS...!!!
(Pakistan Market and Stock Research)

Asad meets WB, IMF, US treasury high-ups: Minister for Finance Asad Umar and his group held gatherings with the World Bank and the IMF abnormal state authorities here on Wednesday on the sidelines of the planned yearly IMF Spring debatable. Asad Umar is additionally expected to additionally ponder on terms of a different year bolster subsidizing from the IMF. (TN) 

https://www.thenews.com.pk/print/456080-asad-meets-wb-imf-us- treasury-high-ups

Agreement developed on CPFTA-II: Pakistan and China have advanced an accord on the second period of FTA-II following two-day thoughts in Beijing. China has additionally consented to give another exceptional amount of one billion dollars to Pakistan for fare of potato, wheat, onion and cherry, notwithstanding existing one billion dollars. (BR) 

https://fp.brecorder.com/2019/04/20190411463004/

July-March settlements post 9 percent development: Inflows of laborers settlements posted a solid development of 9 percent amid the initial nine months (July-March) of this monetary year. Abroad Pakistani laborers dispatched $16.096 billion in July to March of FY19 contrasted and $14.803 billion got amid a similar period in the previous year of FY18, demonstrating a development of 8.74 percent or $1.293 billion. (BR) 

https://fp.brecorder.com/2019/04/20190411462996/

Fares, imports decrease in March: Country's fares and imports amid March 2019 saw a decay of 11.13 percent and 20.88 percent, separately, whenever contrasted and March 2018, said PBS. (BR) 

https://fp.brecorder.com/2019/04/20190411462993/

Vehicle deals up by 2 percent: The car deals are up by 2 percent YoY in March 2019 driven by higher deals from Pak Suzuki Motor Company (PSMC). The vehicle deals checked in at 185,000 units in 9MFY19, somewhere near 4 percent YoY. This decrease can be ascribed to log jam in economy and ascend in late vehicle costs. (BR) 

https://fp.brecorder.com/2019/04/20190411463068/

Honda Atlas dispatches Civic 2019: Honda Atlas Cars Pakistan Limited (HACPL) on Wednesday propelled its eagerly awaited Civic 2019 - tenth Generation. (TN)

https://www.thenews.com.pk/print/456147-honda-atlas-launches-civic- 2019

PM orders sedate costs be turned around inside 72 hours: Prime Minister has requested prompt activity against street pharmacists and withdrawal in increment of meds in 72 hours. (TN).

https://www.thenews.com.pk/print/456077-pm-orders-drug-prices-be- reversed-within-72-hours

All isn't well in OGDCL: Though the oil and gas administrative specialist, OGDCL, is confronting twelve of cases both in NAB and FIA, yet all isn't well in the open segment investigation and generation element as it has in a most recent movement purportedly granted an agreement of a large number of dollars to a Chinese apparatus organization refuting the PPRA rules raising eyebrows of many, uncover the records and foundation meetings of the significant authorities. (TN).

https://www.thenews.com.pk/print/456093-all-is-not-well-in-ogdcl

Gas costs may go up by 20-42pc from July 1: The top mandarins of the Petroleum Division are at present connected on the gas valuing equation to be compelling from July 1, 2019, as existing one depends on 7 sections without any advantages that uncovered the end shoppers to expanded gas charges by 100-200 percent in the long periods of Jan and Feb. In any case, the administration needs to pass more increment by 20-42 percent with one section profit by July 1, 2019 with a plan to decrease the financial torment to be incurred upon gas purchasers. (TN).

https://www.thenews.com.pk/print/456100-gas-prices-may-go-up-by- 20-42pc-from-july-1

LHC suspends government's warning on SNGPL: BoD: The Lahore High Court suspended a notice of the government about disintegration of Board of Directors (BoD) of SNGPL and arrangement of another one. (TN).

https://www.thenews.com.pk/print/456101-lhc-suspends-government- s-notification-on-sngpl-bod

Govt. liable to raise esteem included deals charge 'extravagance' imports: The legislature is reflecting to raise esteem included deals charge extravagance imports in the coming spending plan for the monetary year of 2019/20 as it has ventured up endeavors to additionally diminish import bill and lift income age. (TN).

https://www.thenews.com.pk/print/456134-govt-likely-to-raise-value- added-sales-tax-on-luxury-imports