Islamabad, March 22, 2024 – The Federal Board of Revenue (FBR) unveiled a new procedure for the registration of mobile phones, aiming to streamline the process and ensure compliance with regulatory standards.
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Jazz Pakistan Invests Rs 37 Billion Amid Challenges in 2023
Islamabad, March 21, 2024 – Despite facing a challenging macroeconomic landscape, Jazz Pakistan, the leading digital operator, demonstrated its commitment to Pakistan’s digital future by investing Rs. 37 billion in 2023.
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Formite and THF Empower Youth Through Education
Karachi, March 21, 2024: In a significant stride towards empowering youth and enriching educational resources, Formite and The Hunar Foundation (THF) have joined hands in a collaborative effort aimed at fostering a brighter future for Pakistani youth.
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Foreign Investors Submit Proposals for Pakistan Budget 2024-25
Foreign investors actively engaged in Pakistan have recently presented their proposals for the upcoming 2024-25 budget to the government, aiming to address critical fiscal deficits and enhance the investment climate in the country.
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FBR Introduces SWAPS Rules for Digital Invoicing Enforcement
Islamabad, March 21, 2024 – The Federal Board of Revenue (FBR) has taken a significant step towards enhancing tax transparency and combating evasion with the introduction of rules for the Synchronized Withholding Administration and Payment System (SWAPS).
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Pakistan Registers $240 Million Increase in Weekly Forex Reserves
Karachi, March 21, 2024 – Pakistan has seen a notable surge in its foreign exchange reserves, recording a $240 million increase for the week ended March 15, 2024.
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Pakistan Railways Set to Operate Eid Special Trains
Islamabad, March 21, 2024 – Pakistan Railways is gearing up to launch ‘Eid Special Trains’ ahead of Eid-ul-Fitr to meet the anticipated surge in travel demand and enable passengers to celebrate the Islamic festival with their families and friends across the country.
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Foreign Direct Investment Plummets 17% in 8MFY24, Says SBP
Karachi, March 20, 2024 – The State Bank of Pakistan (SBP) announced on Wednesday that the foreign direct investment (FDI) into the country has witnessed a significant decline of 17.1 percent during the first eight months (July – February) of the fiscal year 2023-24.
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IMF and Pakistan Reach Agreement for $1.1 Billion Tranche
Karachi, March 20, 2024 – Pakistan has reached a significant milestone in its economic partnership with the International Monetary Fund (IMF), as both parties have reached a staff-level agreement (SLA) for the second and final review under the Stand-By Arrangement (SBA).
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Shehbaz Government to Present First Budget Early June
Islamabad, March 20, 2024 – The newly formed government under the leadership of Prime Minister Shehbaz Sharif is gearing up to present its inaugural budget for the fiscal year 2024-25 in early June 2024, marking a crucial milestone for Pakistan’s economic agenda.
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