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Tag: Pakistan

shaukat tarin World Bank

Pakistan assures World Bank of reforming power sector

October 15, 2021October 15, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: Pakistan on Thursday assured the World Bank of taking measures to reform the power sector in the country with special focus on reducing circular debt. Federal Minister for Finance and Revenue Shaukat Tarin held a meeting today with Axel van Trotsenburg, Managing Director World Bank and the Bank’s Pakistan team at the World Bank […]

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Turkey Corona

Turkey eases COVID restriction for Pak travelers

September 3, 2021September 3, 2021Faisal Shahnawaz

ISLAMABAD: Turkish Government has further eased quarantine regulations for Pakistani nationals intending to travel to Turkey. Announced on September 2, these regulations will become effective from September 4, says a press release received here on Friday Ankara. Irrespective of vaccination status, all passengers will submit a negative PCR test result that should be made at […]

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textile manufacturing

Textile exporters urge allowing cotton import from India

August 27, 2021January 28, 2024Faisal Shahnawaz

KARACHI: Textile exporters have urged the government to allow import of cotton and cotton yarn from India and other countries through land routes.

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Korean Financing

Korea to enhance Pakistan financing to $1 billion

August 26, 2021August 26, 2021Mrs. Anjum Shahnawaz

ISLAMABAD: The Korean EXIM Bank will sign a new framework arrangement with Pakistan (2022-2026) for enhancing financing to $1 billion. A high-level Korean Delegation, led by Chong Hwa Lee, Director General, Ministry of Economy & Finance, Republic of Korea called on the Minister for Economic Affairs Omar Ayub Khan in his office during their 2-days […]

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Pak China

Pakistan signs pact to build SCO e-commerce platform

August 25, 2021January 28, 2024Hamza Shahnawaz

Pakistan has taken a significant step towards strengthening digital ties with Shanghai Cooperation Organization (SCO) member states by signing a Memorandum of Understanding (MoU) on Building a Cross-border E-commerce Platform.

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FPCCI Iran envoy

Pakistan, Iran should devise payment mechanism

August 24, 2021August 24, 2021Faisal Shahnawaz

KARACHI: The two central banks of Pakistan and Iran should devise a mechanism for swift payment in order to enhance bilateral trade between the two countries. Mian Nasser Hyatt Maggo, President of Federation of Pakistan Chambers of Commerce and Industry (FPCCI) said on Tuesday while welcoming Hassan Nourian, Consul General of Islamic Republic of Iran […]

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State Bank of Pakistan Image

Pakistan exports to seven regional countries up by 20.5%

August 23, 2021August 23, 2021Faisal Shahnawaz

ISLAMABAD: Pakistan has registered an increase in the exports to seven regional countries by 20.50 per cent in the first month of the financial year (2021-2022) as compared with the corresponding month of the last year. The State Bank of Pakistan (SBP) reported that the countries in the seven regional countries including Afghanistan, China, India, […]

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Rice

Rice exports to cross one million tons: Pakistan envoy

August 23, 2021August 23, 2021Hamza Shahnawaz

BEIJING: Pakistan has a huge potential to enhance rice export to several countries especially China and Pakistani rice export is likely to cross one million tons within two years with increased demand from the Chinese market, said Badar uz Zaman, Commercial Counselor of Pakistan Embassy in China. “Last year our rice exports to China was […]

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Pak Saudi FMs

Pakistan, Saudi Arabia agree to strengthen economic ties

July 27, 2021November 9, 2023Mrs. Anjum Shahnawaz

Pakistan and Saudi Arabia have agreed to strengthen economic ties, marking a significant step in the long-standing bilateral partnership between the two countries.

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Xiaomi

Xiaomi plans assembly plant in Pakistan

July 26, 2021November 9, 2023Mrs. Anjum Shahnawaz

Xiaomi has planned assembly plant in Pakistan within the next three to four months. This strategic move not only signifies a significant milestone for the tech giant but also carries promising prospects for the Pakistani market.

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  • SBP unveils advance MPC calendar for FY2026-27, expands monetary policy transparency
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