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Yearly Archives: 2020

Pakistan Stock Exchange Recovers after Opening Crash

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Pakistan Stock Exchange dropped by 1752.01 i.e. -5.76% to 28,664.04 as the first death was reported in the country due to coronavirus on Thursday. At the time...

The SCO Member States Decided to Conduct Trade in Local Currencies

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All the members of the Shanghai Cooperation Organization (SCO) have decided to continue the bilateral trade in local and national currencies instead of dollars. In this...

FBR Issues Notices to Tax Defaulting Doctors

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The Federal Board of Revenue FBR has prepared a list of 100 tax defaulting doctors to take strict action against such doctors. Speaking to the media, Deputy Collector...

Coronavirus- A Real Global Emergency

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Coronavirus has put the world in an economic danger which is far greater than its health risks to the public. The virus can affect your life...

Saudi Arab and US Has Suspended the Flights to and from Several Countries

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Saudi Arab has temporarily suspended flights with Pakistan and various other countries due to the widespread of Coronavirus. The state news agency SPA revealed the current number of...

The Federal Government Approved Rs. 23 Billion for Five Export Sectors

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The Federal Government of Pakistan recently approved Rs. 23 billion for the supply of cheaper electricity to five major export sectors by withdrawing funds from the...

Pakistan- the 11th Biggest Arms Importer in the World

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According to the recent report published by the Stockholm International Peace Research Institute Pakistan is the 11th biggest importer of weapons in the world whereas, India...

Remittances Sent by Overseas Pakistanis Jumped to 5.4%

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During the first eight months of the current fascial year, the remittances raised by 5.37% as compared to the corresponding period of the fascial year 2018-2019. According...

30% Plunge in Oil Prices Will Be Beneficial for Pakistan

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30% plunge in the global oil prices has changed the entire economic outlook however, it happened to be good news for Pakistan’s macro and micro-economy. The slump...

Mid-Year Budget Review Report for the Year 2020

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The Finance Division has analyzed and revealed various risk factors including a major shortfall in tax revenue, unpredicted volatility in the exchange rate, circular debt in...
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