Pakistan, Saudi Arabia enjoy fraternal relations: Mamnoon

Pakistan, Saudi Arabia enjoy fraternal relations: Mamnoon
ISLAMABAD: President Mamnoon Hussain says Pakistan and Saudi Arabia enjoy fraternal relations and all Pakistanis have a special place for Saudi Arabia in their hearts. He expressed these views during his meeting with Saudi King Salman bin Abdul Aziz, along with a delegation in Makkah. The President appreciated the generosity of King Salman towards Muslims visiting Haramain Sharifain and his... Read More

Finance Minister reviews matters related to tax collection

Finance Minister reviews matters related to tax collection
ISLAMABAD: Finance Minister Muhammad Ishaq Dar says prudent policies of the present government has resulted in 60 percent growth in tax revenue collection during the last four years. Presiding over a meeting in Islamabad today to review the matters related to tax collection, he urged the Federal Board of Revenue (FBR) to take all necessary measures to meet the argent... Read More

IMF says Pakistan outlook ‘favourable’, warns of risks

IMF says Pakistan outlook ‘favourable’, warns of risks
ISLAMABAD: The International Monetary Fund (IMF) said the outlook for Pakistan’s economy was “favourable”, citing Chinese infrastructure investments among reasons for growth, but warned of risks to recent progress. Confidence in insurgency-hit Pakistan is growing, with the IMF saying last year that the country had emerged from crisis and stabilised its economy after completing a bailout programme. However the IMF... Read More

Agri zones along CPEC can fetch $15 billion annually: FPCCI

Agri zones along CPEC can fetch $15 billion annually: FPCCI
ISLAMABAD: The Federation of Pakistan Chamber of Commerce and Industry (FPCCI) on Sunday said agricultural zones along CPEC route can help Pakistan produce products that can be exported to China to fetch 12 billion dollars annually. China is importing agricultural products worth 111 billion dollars annually including $25 billion soybean oil and by-products in which Pakistan can get a reasonable... Read More

Dar invites Saudi investors to invest in Pakistan

Dar invites Saudi investors to invest in Pakistan
ISLAMABAD: Finance Minister Ishaq Dar has invited Saudi investors to take advantage from opportunities and incentives being provided by Pakistan to foreign investors. He was talking to Saudi Ambassador designate to Pakistan, Commodore Nawaf Saeed Ahmed Al-Malkiy, who called on him in Islamabad on Saturday. During the meeting, matters pertaining to bilateral relations and cooperation in different fields came under... Read More

PM directs no load-shedding during Pak-India CT final

PM directs no load-shedding during Pak-India CT final
ISLAMABAD: Prime Minister Nawaz Sharif has issued clear directives to authorities that no load-shedding should be done in any part of the country during ICC Champions Trophy final scheduled on June 18 as cricket-mad neighbouring countries gears up for high-voltage match. The Water and Power Ministry has summoned details from power distribution companies regarding the supply, demand and shortfall of... Read More

ECC decides to extend export period of wheat till August 31

ECC decides to extend export period of wheat till August 31
ISLAMABAD: Economic Coordination Committee (ECC) of the Cabinet has decided to extend the export period of wheat and wheat products till 31st August this year. The committee made the decision at its meeting in Islamabad on Saturday with Finance Minister Ishaq Dar in the chair. Only those wheat exporters, who have already shifted wheat from go-downs of food departments prior... Read More
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