Islamabad, May 13, 2024 – Prime Minister Shehbaz Sharif reaffirmed his government’s unwavering commitment to economic advancement through extensive reforms and structural changes during an interview with Saudi state-owned television channel Al Arabiya on Monday.
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Pakistan Stocks Surge to Fresh Record High at 73,799 Points
Karachi, May 13, 2024 – Pakistan stocks soared to new heights on Monday, with the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX) reaching an all-time high of 73,799 points at closing.
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Pakistan Anticipates Sharp Cut in Petroleum Prices
Karachi, May 13, 2024 – Pakistan citizens are brimming with anticipation as the government gears up to potentially unveil a significant reduction in petroleum prices, set to take effect from May 16, 2024.
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ATL Expands to 4.22 Million Amid SIM Blocking Fears
Karachi, May 13, 2024 – The Active Taxpayers List (ATL) has surged to 4.22 million individuals as the looming threat of SIM card blocking for non-compliance compelled previously non-compliant citizens to make tax filings, sources disclosed on Monday.
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Saudi Arabia Signals Investment in Pakistan’s Refinery Sector
Islamabad, May 11, 2024 – Saudi Arabia has signaled its eagerness to invest in Pakistan’s refinery sector, marking a pivotal moment in bilateral economic cooperation.
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PIA Poised to Resume European Flight Operations
Islamabad, May 11, 2024 – Pakistan International Airlines (PIA) is gearing up to spread its wings to Europe, marking a significant milestone in its service expansion.
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New Projection Shows KSE-100 Index to Reach 87K by Dec 2024
Karachi, May 11, 2024 – Topline Securities Limited, a leading brokerage firm, has released new projections for the benchmark KSE-100 index of the Pakistan Stock Exchange (PSX), foreseeing significant growth in the coming months.
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Pakistan Commits No Tax Amnesty in 2024-25
Islamabad, May 11, 2024: Pakistan has pledged not to launch any tax amnesty schemes in fiscal year 2024-25 as part of its commitment to bolster the country’s fiscal sustainability and ensure continuous fiscal consolidation.
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Telecom Operators Begin Blocking SIMs of Non-Filers in Pakistan
Islamabad, May 10, 2024 – Pakistan’s telecom operators have begun the process of blocking mobile phone SIM cards belonging to individuals who have not filed their income tax returns.
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IMF Flags High Economic Risks in Pakistan Amid Uncertainty
Karachi, May 10, 2024 – The International Monetary Fund (IMF) on Friday issued a warning that Pakistan faces “exceptionally high” downside risks to its economic stability.
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