Islamabad, February 22, 2024 – In an ambitious move, Pakistan is setting its sights on boosting bilateral trade with Saudi Arabia to $20 billion in the coming years, according to statements made by Caretaker Federal Minister for Commerce and Industry, Gohar Ejaz, in Riyadh on Thursday.
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Pakistan’s Weekly Forex Reserves Decline by $51 Million
Karachi, February 22, 2024 – Pakistan’s foreign exchange reserves experienced a weekly dip of $51 million, according to the State Bank of Pakistan (SBP) announcement on Thursday.
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FBR Seeks Tax Proposals as Pakistan Prepares Budget 2024-25
Islamabad, February 22, 2024 – The Federal Board of Revenue (FBR) has taken a proactive step towards promoting transparency and inclusivity in the upcoming budget formulation process by inviting trade bodies to submit tax proposals for the fiscal year 2024-25.
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SME Farmers Advocate for Export of Khashkhash
Karachi, February 22, 2024 – The Small and Medium-sized Enterprise (SME) Farmers Association in Pakistan is urging the government to permit the export of Khashkhash (poppy seeds), citing its widespread use as a household item.
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Indus Motor to Infuse Rs 3 Billion for Localization of Parts
Karachi, February 22, 2024 – Indus Motor Company Limited made a significant announcement on Thursday, revealing plans for a fresh investment of Rs 3 billion aimed at the localization of parts and components.
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Check Petroleum Prices in Pakistan Effective from February 22
Check petroleum prices in Pakistan effective from February 22, 2024 before going to fuel stations to fill your tanks of motor vehicles.
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Windfall Tax on Banks Deemed Invalid due to Legislative Delay
Karachi, February 22, 2024 – The imposition of a windfall tax on the additional income of banks has become null and void as it failed to secure approval from the national assembly, according to sources.
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Pakistan Slashes Profit Rates on Savings Schemes from Feb 21
Karachi, February 21, 2024 – In a move signaling the third consecutive downward revision in the last two months, Pakistan has announced a reduction in profit rates on various savings schemes.
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