port activity

Threshold of letter of credit payment increased to $100,000

ISLAMABAD: The government has increased payment threshold of letter of credits from present $50,000 to $100,000, Finance Minister Ishaq Dar said on Monday. Briefing media here on Monday, Minister for Finance Senator Ishaq Dar announced the government’s decision to increase the threshold of letters of credits (LCs) payments from $50,000 to $100,000. With respect to […]

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finance ministry

Pakistan flood rehabilitation poses challenge to fiscal consolidation

ISLAMABAD: Catastrophic flood in Pakistan has required rehabilitation and massive expenditures which will pose significant challenge for fiscal consolidation, the ministry of finance said on Sunday. In the monthly Economic Update and Outlook October 2022 released by the ministry of finance said that on the other hand, growth prospects have weakened, along with contained economic […]

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Jazz

Jazz supports breast cancer awareness campaign

KARACHI: Aimed at raising awareness on breast cancer, Jazz, Pakistan’s leading digital operator and the largest internet and broadband service provider, conducted month-long campaigns to drive reinforcement for prevention, reminder of periodic checkups, and educate the masses including its own employees. Pakistan has the highest incidence of breast cancer among Asian countries; one in nine […]

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