Imran Ali Kundi

  • ISLAMABAD - The government has started taking action against those civil servants who had enrolled themselves or their spouses as Benazir Income Support Programme (BISP) beneficiaries. Special Assistant to the Prime Minister on Social Protection and Poverty Alleviation, Dr. Sania Nishtar on ...

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  • ISLAMABAD      -          Pakistan’s textile exports have recorded growth of 3.94 percent in first six months (July to December) of the ongoing financial year (FY20) mainly due to cash support to various sectors and ...

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  • ISLAMABAD       -        The large-scale manufacturing (LSM) is continually recording negative growth that may dent the overall economic growth during current fiscal year. The LSM growth has declined by 5.93 percent during five months ...

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  • ISLAMABAD                -              Senate Standing Committee on Commerce and Textile on Thursday expressed displeasure over the performance of Trade ...

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  • ISLAMABAD     -         Industrialists have expressed concerns over the government’s attitude for not addressing their genuine issues that resulted in reduction in exports andl growth in big industries. Industrialists are currently ...

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  • ISLAMABAD-The government has yet to come with a plan to bridge the massive shortfall in tax collection that had already touched Rs284 billion in first six months (July to December) of the current financial year.Tax collection shortfall is increasing with the passage of every month despite the fact ...

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  • ISLAMABAD          -           Prime Minister Imran Khan on Monday said that the government is working on a strategy to revive the sick industrial units of the country to boost the economic activities and ...

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  • ISLAMABAD      -          Fitch Ratings has affirmed Pakistan's long-term foreign-currency issuer default rating (IDR) at 'B-' with a stable outlook. The 'B-' rating reflects a challenging external position characterised by a ...

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  • ISLAMABAD       -         After failing to enhance the country’s exports despite depreciating the currency, the government has now blamed USA and China trade war and recent border tension with India for slower growth in ...

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  • ISLAMABAD             -         The downturn in the tractor industry continues as the tractors sales have further declined to just over 15200 units during the first half of current fiscal, after ...

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  • ISLAMABAD    -          The government on Thursday has admitted that inflation rate has increased due to its own economic policies that included overdue gas and electricity prices, market-based exchange rate adjustments and increase in ...

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  • ISLAMABAD-The Executive committee of the National Economic Council (ECNEC) on Monday approved seven development projects worth Rs216.4 billion that related to poverty alleviation, education, hydropower project and others.Adviser to the Prime Minister on Revenue and Finance Dr Abdul Hafeez Shaikh ...

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  • ISLAMABAD-The Economic Coordination Committee (ECC) of Cabinet has approved amendments in ‘Regulation of Generation, Transmission and Distribution of Electronic Power Act 1997’. The ECC, which met under the chair of Adviser to the Prime Minister on Finance and Revenue Abdul Hafeez ...

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  • ISLAMABAD-The government is reluctant to bring mini budget to bridge the tax collection shortfall that had already reached to Rs284 billion in first six months (July to December) of the current fiscal year due to its political implications and impact on soaring inflation rate.The officials of ...

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  • ISLAMABAD              -               The government on Thursday has decided to finalize the plan within one month to settle a decade-old dispute with the ...

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  • ISLAMABAD-The second phase of Pakistan-China Free Trade Agreement (FTA-II) came into effect on Wednesday as the Federal Board of Revenue (FBR) has issued the Statutory Regulatory Orders (SRO) to implement the protocol agreed between the two countries.The FTA-II with China in the first year, which ...

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  • ISLAMABAD-Inflation has skyrocketed to 12.7 percent in December mainly driven by an increase in prices of food items.Inflation, measured through the Consumer Price Index (CPI), has come down by 0.34 percent in December over the previous month (November), the Pakistan Bureau of Statistics (PBS) ...

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  • ISLAMABAD-The Federal Board of Revenue (FBR) has missed the tax collection target of first half of the ongoing fiscal year by Rs287 billion that may forced the government to introduce mini budget to achieve the annual target. The FBR has provisionally collected Rs 2080 billion in first half ...

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  • ISLAMABAD - The top leadership of the government is claiming to achieve the economic stabilisation in year 2019, while the independent economic experts and masses believe that government’s policies had slowed down the business activities and increased the inflation rate to highest level in ...

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  • ISLAMABAD        -            Pakistan has assured the International Monetary Fund (IMF) to complete the privatisation of two LNG power plants by the end of current fiscal year (FY2020). “Financial ...

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  • ISLAMABAD-Federal Board of Revenue (FBR) Chairman Shabbar Zaidi on Friday said that FBR is committed to automate the taxation system."FBR is thankful for the overwhelming and productive response of Tier 1 Retailers for integration with ‘Point of Sales’ (POS) system. FBR IT will ensure ...

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  • ISLAMABAD         -          Pakistan had borrowed $434.5 million loan from external sources during the month of November that helped in building the country’s foreign exchange reserves.  Pakistan had ...

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  • ISLAMABAD - International Monetary Fund (IMF) Resident Representative for Pakistan Teresa Daban Sanchez on Tuesday said that country’s slow economic growth and inclusion in FATF’s grey-list remained major stumbling blocks in the way of loan programme. “The country’s name ...

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  • ISLAMABAD              -         A parliamentary committee has expressed its displeasure on the absence of State Bank of Pakistan governor and National Bank of Pakistan (NBP) president from the ...

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  • ISLAMABAD               -           The Economic Coordination Committee (ECC) of the Cabinet on Monday has approved a grant of Rs6 billion for the Utility Stores Corporation (USC) ...

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  • ISLAMABAD        -         Pakistan would receive second tranche worth of $452 million from International Monetary Fund (IMF) next week that would build the country’s foreign exchange reserves. The Executive Board of ...

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  • ISLAMABAD         -          The Central Directorate of National Savings (CDNS) would undertake measures to identify and assess the money laundering /terrorist financing (ML/TF) risks that may arise in relation to ...

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  • ISLAMBAD    -       The large-scale manufacturing index (LSMI) declined by 7.97 percent during October of the current fiscal year, reflecting overall economic slowdown across various sectors in the ongoing fiscal year. The LSMI had shrunk by 6.48 percent ...

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  • ISLAMABAD                 -           Pakistan’s textile and clothing exports grew by 4.68 percent during the first five months (July to November) of the current ...

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  • ISLAMABAD               -         The International Monetary Fund (IMF) would approve second tranche worth of $450 million on December 19 for Pakistan under the $6 billion Extended Fund ...

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