Islamabad, May 27, 2024 – The International Monetary Fund (IMF) has announced that Pakistan is implementing fairer taxation policies aimed at boosting domestic revenue.
(more…)Category: Pakistan
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Pakistan Anticipates Reduction in Petroleum Prices from June 1
Pakistan is poised to see a substantial reduction in petroleum prices starting June 1, 2024, driven by a notable decline in international oil prices.
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UAE Pledges $10 Billion Investment in Pakistan
Abu Dhabi, May 23, 2024 – In a significant diplomatic and economic development, President of the United Arab Emirates (UAE), Sheikh Mohamed bin Zayed Al Nahyan, has pledged a substantial investment of $10 billion in various sectors of Pakistan.
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SBP Weekly Forex Reserves Inch Up by $22 Million
Karachi, May 23, 2024 – The State Bank of Pakistan (SBP) has reported a modest increase in its official foreign exchange reserves, which rose by $22 million over the past week.
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Pakistan Aims to Transform Economy with UAE Collaboration
Abu Dhabi, May 23, 2024 – Prime Minister Shehbaz Sharif has declared his government’s strong commitment to transforming Pakistan economy through strategic collaboration with the United Arab Emirates (UAE).
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PIA Offers Student Discount on Travel from China to Pakistan
Beijing, May 23, 2024 — In a welcome move for Pakistani students in China, Pakistan International Airlines (PIA) has announced a 20 percent discount on fares for travel from China to Pakistan.
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NAC Approves Pakistan’s GDP Growth at 2.38% for 2023-24
Islamabad, May 21, 2024 – The National Accounts Committee (NAC) has approved the provisional growth rate of Pakistan’s Gross Domestic Product (GDP) at 2.38% for the ongoing fiscal year 2023-24.
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Pakistan Prays for Safety of Iranian President in Helicopter Incident
Islamabad, Pakistan – On Sunday, Pakistan’s leadership and citizens united in prayer for the safety of Iranian President Seyed Ebrahim Raisi and Foreign Minister Hossein Amir-Abdollahian following a helicopter incident.
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Pakistan Spends Rs 414 Billion on Mobile Phones Import
Karachi, May 18, 2024 – Pakistan has recorded a massive expenditure on mobile phones import, amounting to over Rs 414 billion during the first ten months (July – April) of the fiscal year 2023-24.
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Pakistan’s Car Imports Surge By 256% in 10MFY24
Karachi, May 18, 2024 – Pakistan has witnessed a remarkable surge in car imports, with a staggering 256 percent increase during the first ten months (July – April) of the fiscal year 2023-24. This significant rise is detailed in the latest data released by the Pakistan Bureau of Statistics (PBS).
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