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Pakistan Sweden BIT Talks Open Door to New Investment
ISLAMABAD - (Staff Reporter/News Desk) - The Pakistan Sweden BIT took centre stage when Federal Minister for Board of Investment Qaiser Ahmed Sheikh met Swedish Ambassador Alexandra Berg von Linde. The government has decided to withdraw its…
Pakistan IMF $1.21 billion Deal Moves Closer After Staff Agreement
ISLAMABAD - (Staff Reporter/Web Desk) - Pakistan IMF $1.21 billion financing is now a step closer after the International Monetary Fund reached a staff-level agreement with Pakistani authorities. The deal still needs approval from the…
ECC Approves Key Financing, and sectoral Development Measures, Alongside Technical Supplementary…
ECC - (Staff Reporter/News Desk) - The ECC meeting content shows a very busy day at the Finance Division. The Economic Coordination Committee of the Cabinet met today under Finance Minister Senator Muhammad Aurangzeb. Members went through…
IMF Prepares Financial Support for Countries Facing Severe El Nino Impacts
NEW YORK: (News Desk) - The International Monetary Fund is preparing to support countries vulnerable to the economic impact of El Nino, IMF Managing Director Kristalina Georgieva said on Wednesday, warning of growing risks to food security…
Petrol Price Rises Rs1.82, Diesel Gets 91-Paisa Cut
ISLAMABAD: (Web Desk) The Oil and Gas Regulatory Authority (OGRA) has revised the ex-depot prices of petroleum products, raising the price of petrol while slightly reducing the rate of high-speed diesel.
According to a Petroleum Division…
Trump Allows Tax-Free Red Diesel on US Roads
WASHINGTON: (News Desk) - US President Donald Trump has signed an executive order aimed at easing the impact of soaring diesel prices by allowing drivers to use tax-exempt red-dyed diesel on public roads.
Red-dyed diesel is generally…
Petrol Price Increased 88 Paisas, Diesel Reduced by Rs1.88
ISLAMABAD: (Finance Reporter) - The Oil and Gas Regulatory Authority has revised the ex-depot prices of petroleum products, with the new rates taking effect from October 6.
According to a press release issued by the Petroleum Division of…
Rice Planters Could Boost Pakistan’s Yield by 15pc
ISLAMABAD: (News Desk) - Federal Minister for Economic Affairs and Establishment Division Senator Ahad Cheema has said the use of rice planters could increase Pakistan’s rice yield by up to 15 percent while reducing production costs per…
Pakistan Seafood Exports Surge 74.4pc in Q1
ISLAMABAD: (Staff Reporter) - Federal Minister for Maritime Affairs Muhammad Junaid Anwar Chaudhry has said Pakistan’s fish and seafood exports recorded a 74.4 per cent increase in value during the first quarter of the current fiscal year,…