Islamabad, January 1, 2025 – Pakistan’s exports witnessed a remarkable growth of 10.52% during the first half (July–December) of the current fiscal year 2024-25, according to trade data released by the Pakistan Bureau of Statistics (PBS) on Wednesday.
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Pakistan Waives Customs Duty on 261 Items for D-8 Countries
Karachi, December 31, 2024 – Pakistan has announced the exemption of customs duties on 261 tariff lines for imports from D-8 countries, a move effective from January 1, 2025. This initiative is part of Pakistan’s commitment to fostering regional trade under the D-8 Preferential Trade Agreement (PTA).
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PM Shehbaz Launches ‘Uraan Pakistan’ Five-Year Economic Plan
Islamabad, December 31, 2024 – Prime Minister Shehbaz Sharif officially launched Uraan Pakistan, a homegrown five-year National Economic Transformation plan, on Tuesday in Islamabad.
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ADB, Pakistan Ink $200M Loan Deal to Boost Electricity Distribution
Islamabad, December 31, 2024 – The Asian Development Bank (ADB) and the Government of Pakistan signed a $200 million loan agreement on Tuesday aimed at enhancing the country’s electricity distribution system.
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Petroleum Prices in Pakistan Witness Notable Decline in 2024
Islamabad, December 27, 2024 – Petroleum prices in Pakistan have shown a significant decline throughout 2024, providing relief to consumers and contributing to a reduction in the inflation rate of essential items.
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Saudi Airlines to Facilitate 35,000 Pakistani Hajj Pilgrims
Islamabad, December 26, 2024 – Saudi Airlines has reached an agreement with the Ministry of Religious Affairs to facilitate the travel of 35,000 Pakistani government Hajj pilgrims for the upcoming pilgrimage season.
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PM Shehbaz Commends Christian Community on Christmas Day
Prime Minister Shehbaz Sharif extended his heartfelt Christmas greetings to the Christian community in Pakistan and around the globe, highlighting the significance of the occasion and its universal message of peace and compassion.
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PM Shehbaz Honors Quaid-e-Azam’s Legacy on 148th Birthday
Islamabad, December 25, 2024 – On the occasion of Quaid-e-Azam Muhammad Ali Jinnah’s 148th birth anniversary, Prime Minister Muhammad Shehbaz Sharif paid a heartfelt tribute to the founder of Pakistan, emphasizing his exceptional leadership and unwavering dedication to the principles of unity, justice, and equality.
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Pakistan Prohibits Bank Cash Withdrawals for Tax Dodgers
Karachi, December 19, 2024 – Pakistan has decided to implement stringent measures to curb tax evasion by prohibiting bank cash withdrawals for individuals who evade taxes.
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Pakistan Stock Market Crashes 4.32% on New Tax Bill
Karachi, December 19, 2024 – The Pakistan Stock Exchange (PSX) on Thursday experienced a dramatic downturn, closing with a significant loss of 4.32% amid widespread negative sentiments triggered by the introduction of a new tax bill by the government of Pakistan.
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