Islamabad, November 20, 2024 – A delegation from TikTok has assured authorities in Pakistan of its commitment to providing quality and meaningful content through its platform, aiming to strengthen its positive impact on society.
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Pakistan Makes $76.28M Import Payment to India in 4MFY25
Karachi, November 20, 2024 – Pakistan has made an import payment of $76.28 million to India during the first four months (July – October) of the fiscal year 2024-25, according to official data from the State Bank of Pakistan (SBP).
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ECC Approves Winter Package to Boost Electricity Consumption
Islamabad, November 19, 2024 – The Economic Coordination Committee (ECC) of the Cabinet has approved a winter package designed to increase electricity demand while reducing the country’s reliance on natural gas during the colder months.
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PM Shehbaz Orders Crackdown on Sugar Sector Tax Evasion
Islamabad, November 19, 2024 – Prime Minister Muhammad Shehbaz Sharif has directed a coordinated effort by the Federal Board of Revenue (FBR), Federal Investigation Agency (FIA), and Intelligence Bureau to address tax evasion, undocumented sugar sales, and price manipulation in the sugar sector.
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November Inflation in Pakistan Expected to Hit Record Low
Karachi, November 19, 2024 – Pakistan’s headline inflation, based on the Consumer Price Index (CPI), is projected to drop to a 78-month low for November 2024, according to analysts at Topline Securities Limited.
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Defence Minister Opens IDEAS 2024 Expo in Karachi
The 12th edition of the International Defence Exhibition and Seminar (IDEAS 2024) kicked off at the Karachi Expo Centre on Tuesday, with Federal Minister for Defence and Defence Production, Khawaja Muhammad Asif, formally inaugurating the event. The exhibition, which runs until November 22, 2024, has attracted over 350 high-level delegations from 55 countries, making it a key regional event for the global defence industry.
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Pakistan Gets $500M ADB Loan for Climate Adaptation Program
Islamabad, November 19, 2024 – Pakistan and the Asian Development Bank (ADB) formalized a $500 million loan agreement on Tuesday under the Climate and Disaster Resilience Enhancement Program (CDREP), signaling a significant step toward addressing the country’s climate challenges and disaster vulnerabilities.
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Senate Opposes VPNs Blockage, Warns of $400M Freelancer Loss
The Senate Standing Committee on Information Technology and Telecommunication has strongly opposed the proposed blockage of Virtual Private Networks (VPNs) from November 30, citing potential losses of $400 million in IT remittances. The committee, chaired by Senator Palwasha Mohammad Zai Khan, criticized the move as illegal, noting no law permits blocking such technology.
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Weekly SPI Inflation Increases by 0.55%
Islamabad, November 15, 2024 – The Sensitive Price Indicator (SPI), which measures weekly inflation, recorded an increase of 0.55% for the week ending November 14, 2024, according to the Pakistan Bureau of Statistics (PBS). The rise reflects notable price hikes in essential commodities, impacting households across the country.
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PM Shehbaz Urges Nation to Pray for Rain Relief
Islamabad, November 14, 2024 – Prime Minister Shehbaz Sharif on Thursday appealed to the public to observe Namaz-e-Istisqa, or prayers for rain, across the nation, urging citizens to seek Allah Almighty’s mercy to ease the prevailing dry conditions. The Prime Minister’s call emphasizes the importance of collective prayers in mosques throughout the country to invoke divine intervention for rain amid growing environmental concerns.
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