Karachi, September 21, 2024 – Prime Minister Shehbaz Sharif has given the green light to the Federal Board of Revenue (FBR) to aggressively target Pakistan’s wealthiest citizens under a transformation plan aimed at addressing tax evasion and increasing revenue collection.
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IMF Loan Hope: Aurangzeb Foresees Good News for Pakistan
Islamabad, September 20, 2024 – Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, announced on Friday that Pakistan is expected to receive favorable news from the International Monetary Fund (IMF) on September 25, 2024.
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Pakistan Seeks to Explore Barter Trade Possibilities with Russia
Islamabad, September 19, 2024 – Pakistan expressed its desire on Thursday to explore the possibilities of engaging in barter trade with Russia as part of an effort to strengthen bilateral economic cooperation.
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Pakistan Plans New Steel Mill in Karachi with Russian Support
Islamabad, September 18, 2024 – Pakistan is set to establish a new steel mill in Karachi with cooperation from Russia, marking a significant stride in the country’s industrial development.
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IMF Takes Up Pakistan Loan Program on September 25 Agenda
Islamabad – The International Monetary Fund (IMF) has confirmed that its Executive Board will consider Pakistan’s loan request under the Extended Fund Facility (EFF) on September 25, 2024. The agenda for the board meeting includes the “Pakistan – 2024 Article IV Consultation and Request for an Extended Arrangement under the Extended Fund Facility.”
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SBP Announces Bank Holiday for Eid Milad-un-Nabi
Karachi, September 13, 2024 – The State Bank of Pakistan (SBP) has announced a bank holiday on Tuesday, September 17, 2024, in observance of Eid Milad-un-Nabi (Sallallahu Alayhi Wa-Sallam), the celebration of the birth of Prophet Muhammad (PBUH).
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PM Shehbaz Launches Polio Eradication Campaign
Islamabad, September 8, 2024 – Prime Minister Muhammad Shehbaz Sharif on Sunday launched a nationwide anti-polio campaign aimed at the complete eradication of the crippling disease from Pakistan.
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Pakistan Intensifies Efforts to Revive PIA UK Flights: Dar
Islamabad, September 7, 2024 – Deputy Prime Minister and Foreign Minister, Mohammad Ishaq Dar, announced on Saturday that the government is making all-out efforts to restore Pakistan International Airlines (PIA) flights to and from the United Kingdom.
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Pakistan’s Total Debt Rises to Rs 69.6 Trillion by July 2024
Karachi – Pakistan’s total debt surged to Rs 69.6 trillion at the end of July 2024, reflecting increased borrowing from domestic and international sources to cover the country’s fiscal deficit.
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Pakistan Likely to Cut Petroleum Prices for Third Straight Fortnight
ISLAMABAD: In a bid to provide relief to consumers amidst fluctuating international oil markets, Pakistan is expected to announce a reduction in petroleum prices for the third consecutive fortnight, effective September 1, 2024.
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