The International Monetary Fund Executive board approved a three-year, $6 billion loan package for Pakistan on Wednesday to rein in mounting debts and stave off a looming balance of payments crisis, in exchange for tough austerity measures.
Adviser to Prime Minister on Commerce Abdul Razak Dawood says Pakistan’s exports have increased by seven per cent as production line had gone up despite difficult environment. Talking to Chairman Faisalabad Industrial Estate Development and Management Company, Mian Kashif Ashfaq in Lahore,
The tranches were fully subscribed by a syndicate of leading UAE banks, the government statement said.
Dubai: Pakistan Prime Minister Imran Khan’s government presented a Rs6 trillion (Dhs147.72b) federal budget of 2019-20 on Tuesday. A cross-section of Pakistani expats and business heavyweights share their candid views with Gulf Today. Ahmad Shaikhani, Senior Vice President, Pakistan Business Council
"Ads must be constructive rather than destructive," Usman said, adding that Western culture was corrupting Pakistan, pointing to the recent arrival of nudity in films and women marching in favour of abortion in Pakistan earlier this year.
Army chief on Friday blamed “fiscal mismanagement” for the country’ economic woes, days after he was appointed to a newly formed committee responsible for steering the economy.
Pakistani PM also directed price control committees to release price lists in their vicinities regularly to put a check on unreasonable price hike of food staples.
The aviation secretary said that the top priority of the CAA was to provide maximum facilities to the passengers at every airport of Pakistan.
European Union Ambassador to Pakistan Jean-François Cautain has stated that Pakistan’s export to Europe has increased fifty four per cent after grant of GSP Plus status to the country.