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Monthly Archives: April, 2020

Government Announced Rs. 100 Billion Package for Industrial Sector

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The government had offered up to Rs. 100 billion packages to the industrial sector as a support due to the challenging conditions amid coronavirus. Adviser to Prime...

United States, China, and France to Create Digital Currency amid COVID-19

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Recently, a bill named ‘Banking for All’ has been presented before the senate by the Ranking Member of the Senate Banking Committee, U.S. Sherrod Brown. He...

FBR New Chairperson, Shabbar Zaidi’s Replacement

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As per the Pak Revenue sources, Syed Muhammad Shabbar Zaidi has been dismissed from the post of Federal Board of Revenue (FBR) Chairman. Furthermore, Federal Cabinet...

Pakistan’s Export Expected to Decline up to $4 Billion

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Pakistan's export is projected to fall to $4 billion due to the Coronavirus pandemic. Talking to the Pak Revenue, Prime Minister's Advisor on Commerce, Industries and Production...

SBP Allows Deferment of Loans for One Year

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The State Bank of Pakistan has decided to extend the duration of financial relief package to borrowers availing loans under Refinance Scheme to one year. State Bank...

Imran Khan Announces Incentives for Construction Sector

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Prime Minister Imran Khan said that the government needs to find a balance between the rising number of coronavirus cases and reducing unemployment in the country. He...

Government Predicts 5.1% Economic Growth in Coming Three Years

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The Federal Government of Pakistan has estimated an economic growth rate of 5.1% for the coming three years.  A three-year medium-term budgetary plan prepared by the Ministry...

WAPDA to Award Diamer-Bhasha Dam Contract This Month

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The Water and Power Development Authority (WAPDA) has finally announced to award the contract for the much-delayed Diamer-Bhasha Dam in April. During a recent meeting of Development and...

The Government Announced to Resume Economic Activities

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The National Coordination Committee has decided to resume work on the China-Pakistan Economic Corridor (CPEC) projects. As per the recent meeting with Prime Minister Imran Khan, the construction...

Saudi Arabia & Russia Signaled Willingness for the Oil Price Deal

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After the meeting of Donald Trump with the Russian President, the Kingdom of Saudi Arab called an emergency meeting of producers to deal with the market...
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