Economy

Prime Minister Imran Khan has urged citizens to avail the government's tax amnesty scheme to whiten their assets as the June 30 deadline for the scheme approaches. On Tuesday, the prime minister appeared on a special transmission on Geo…
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One of the largest Chinese manufacturers of fragrances and perfumes, Guangzhou Rongshen Trading Company has announced that it would invest a whopping $2 million in Pakistan, on Tuesday. The announcement was made by the Board of Investment…
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DOHA: Qatar announced that it would give $3 billion in the form of direct investments and deposits to Pakistan. "Upon the directives of HH the Amir Sheikh Tamim bin Hamad Al-Thani, HE Deputy Prime Minister and Minister of Foreign Affairs…
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ISLAMABAD: On the arrival of Emir of Qatar Sheikh Tamim Bin Hamad Al Thani in Islamabad on 22 June 2019, a Memorandum of Understanding (MoU) on the establishment of “Pakistan-Qatar working group (JWG) on trade and investment was signed…
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ISLAMABAD: Federal Minister for Planning and Development Khusro Bakhtyar has said that China will provide USD 1 billion for socio economic development in Pakistan, Radio Pakistan reported. Speaking at the China-Pakistan Economic Corridor…
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ISLAMABAD: Prime Minister Imran Khan has urged the nation to declare assets before the end of this month in order to steer the country out of economic crisis. In a message that was broadcast on national TV and radio on Friday evening, PM…
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Pakistan Tehreek-e-Insaff-led government presented its first budget on Tuesday. As expected, debt servicing and defence continue to be the two biggest chunks, while the new taxation measures will squeeze an already taxed salaried class.…
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ISLAMABAD: Prime Minister Imran Khan has called upon people to declare their financial assets within the country and abroad by June 30 or be ready for an indiscriminate action. In a video message to the nation, PM Khan his administration…
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A government can raise revenue in several ways - the easiest is to raise petrol prices, at a time when the international price of petrol (and hence the cost of buying petrol) is falling so as to pocket the difference - this also leads to…
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KARACHI: The State Bank of Pakistan raised its key interest rate by 150 basis points to 12.25 percent on Monday over inflationary pressures, a high fiscal deficit, and recent exchange rate depreciation. "Taking into account the above…
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ISLAMABAD: Bulgaria's Deputy Economy Minister Liliya Ivanove said that her country was looking forward to extensive cooperation in the field of agriculture with Pakistan including sustainable export of cotton and rice from Pakistan to…
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Lahore, February 28: World Wide Fund for Nature-Pakistan (WWF-Pakistan) organized a one-day capacity building and focus group discussion session on ‘Green Financing for SMEs in Pakistan: Challenges, Opportunities and Way Forward’ at a local…
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The matches slated to be held in Pakistan will go ahead as originally planned despite tensions between arch-rivals Pakistan and India, said PCB Chairman Ehsan Mani, on Thursday. There were rumours and speculation that the cricket league’s…
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ISLAMABAD: Pakistan and Japan officials signed a Memorandum of Cooperation (MoC) on Technical Intern Training Programme (TITP) in a bid to export manpower to Japan. Asia Pacific Special Secretary Imtiaz Ahmad signed the MoC from Pakistani…
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