March on Islamabad: PDM to be dealt with as per law, says Sh
Federal Minister for Interior Sheikh Rashid Ahmed on Monday said if
the PDM marched on Islamabad, it would be dealt with as per
law. He said that politics of Maulana Fazlur Rehman was
IMF, govt remain engaged 
The IMF and Pakistan remain engaged to conduct technical and
data discussions for the sixth review under the EFF programme. This
was stated by Teresa Dabán Sanchez, IMF Resident
Representative in Pakistan while responding to Business Recorder
S&P reaffirms Pakistan’s credit rating, stable outlook 
Standard and Poor’s on Monday affirmed its rating on Pakistan’s
long- and short-term sovereign credit at B- and B respectively and
retained its stable outlook on the economy. It also affirmed ‘B-‘
long-term issue rating on Pakistan’s senior unsecured debt and
sukuk trust certificates.
Govt debt up by 22pc to Rs38.7tr in two years 
The central government’s total debt has increased by 21.7 per
cent to Rs38.7 trillion during the last two years with a major rise in
domestic debt. The external debt (in terms of rupees) did not show
much difference as it rose to Rs12.42tr compared to Rs11.055tr in
Reduction in petrol, high speed diesel prices likely 
The prices of petroleum products may go down by up to Rs5 per
litre for the next fortnight if the calculations of the Ogra are
accepted by the government. According to the working paper,
the regulator has calculated Rs3.50 per litre reduction in the exdepot price of petrol and about Rs5 per litre decrease in the exdepot price of HSD.
SBP enhances investment opportunities for NRPs 
The State Bank of Pakistan has allowed direct investment through
the rupee based RDA, into the shares of companies in Pakistan
and units of funds established and operated by private fund
management company licensed by SECP, a statement said on

No sugar import as per ECC decisions 
Finance Minister Shaukat Tarin has constituted an inter-ministerial
committee to fix responsibility for not importing sugar as per the
ECC decisions which allegedly, inflicted about Rs 5 billion loss to
the exchequer, well-informed sources told Business Recorder.
Pakistan seeks five LNG cargoes 
State-owned Pakistan LNG is seeking five LNG cargoes for delivery
from October to November, two industry sources said on Monday.
It is seeking the cargoes for delivery Oct. 8-9, Oct. 23-24, Oct. 28-
29, Nov. 6-7 and Nov. 12-13, one of them said, adding that the
tender closes on Sept. 2 and is valid for the same day.
Asia shares ease as weak China data weighs 
Asia stock markets opened lower on Tuesday despite fresh all-time
highs on Wall Street, as worries about China’s slowing economic
growth and regulatory changes weighed on investor sentiment.
Oil falls as U.S. refiners shut down by damage from Hurricane Ida
Oil prices fell on Tuesday on concerns that power outages and
flooding in Louisiana after Hurricane Ida will cut crude demand
from refineries at the same time global producers plan to raise
Japan’s July factory output slips as COVID-19 hits car production
Japan’s industrial output shrank in July as car production took a hit
from a coronavirus resurgence in Asia that has cast doubt over the
recovery in the world’s third-largest economy. “There’s a risk output
will stall heading into the year-end,” said Takeshi Minami, chief
economist at Norinchukin Research Institute.
China’s economy under pressure as factory activity slows in Aug,
services contract
China’s businesses and the broader economy came under
increasing pressure last month as factory activity expanded at a
slower pace while the services sector slumped into contraction,
hurt by coronavirus-related restrictions and high raw material