France supports green energy development in Pakistan

France supports green energy development in Pakistan
MANGLA: French ambassador Martine DORANCE and European Union envoy Jean-François Cautain visited the construction site of the national Hydropower Training Institute (HPTI) in Mangla and participated to the corner stone ceremony hosted by WAPDA’s member Water, Mr. Nasir Hanif. France and EU through the French Agency for Development (AFD) have provided the Government of Pakistan with a 4 million euros... Read More

Economic Survey to be launched on Thursday

Economic Survey to be launched on Thursday
ISLAMABAD: Pre-budget document presenting state of country’s economy, `the Economic Survey of Pakistan’ for the outgoing fiscal year 2016-17 is likely to be launched here on Thursday. All arrangements have been finalized to launch the Economic Survey for 2015-16, the official sources said. Federal Minister for Finance, Senator Muhammad Ishaq Dar would launch the pre-budget document, highlighting the overall performance... Read More

World Bank predicts robust economic growth for Pakistan in FY18

World Bank predicts robust economic growth for Pakistan in FY18
ISLAMABAD: Pakistan’s Gross Domestic Product (GDP) growth rate will continue to accelerate in the coming financial years. According to a World Bank report on Pakistan Development Update, Pakistan’s GDP growth will reach 5.5 percent in the next fiscal year and 5.8 percent in fiscal year 2019. The report said Pakistan’s growth will continue to benefit from growing consumer and investor... Read More

GE signs $15 billion of Saudi deals, MoUs during Trump visit

GE signs $15 billion of Saudi deals, MoUs during Trump visit
RIYADH: US conglomerate General Electric (GE) said it signed agreements and memorandums of understanding worth $15 billion with Saudi Arabia on Saturday during President Donald Trump s visit to the oil-rich kingdom. The Boston-headquartered firm said the agreements were inked in the presence of King Salman and Trump, who has chosen Saudi Arabia for his first foreign trip since taking office... Read More

US, Saudi companies sign business deals worth tens of billions of dollars

US, Saudi companies sign business deals worth tens of billions of dollars
RIYADH: United States and Saudi Arabian companies signed business deals worth tens of billions of dollars on Saturday during a visit by President Donald Trump, as Riyadh seeks help to develop its economy beyond oil. National oil firm Saudi Aramco said it signed $50 billion of agreements with US firms. Energy minister Khalid al-Falih said deals involving all companies totalled... Read More

Govt reforms made possible to strengthen macroeconomic: Dar

Govt reforms made possible to strengthen macroeconomic: Dar
ISLAMABAD: Finance Minister Ishaq Dar has said that government’s reforms yielded positive results and made possible to strengthen macroeconomic and put Pakistan’s economy at right track. He made these views in a meeting with Vice President of World Bank South Asian region Annette Dixon in Islamabad and also reviewed the development projects being continued in with the cooperation of WB.... Read More

Govt sees 6pc GDP in FY18: Ahsan

Govt sees 6pc GDP in FY18: Ahsan
Pakistan Budget Updates ISLAMABAD: Planning Minister Ahsan Iqbal has said economic indicators of the country are highly positive and growth of GDP in the next fiscal year is estimated at six percent.  Briefing the news persons in Islamabad on Friday, he said agriculture sector has performed significantly during the current financial year with a 3.5 percent growth and it is expected... Read More

Business community demands tax and tariff cuts in budget 2017-18

Business community demands tax and tariff cuts in budget 2017-18
Pakistan Business Community Demands ASAD BAIG (Special Correspondent) GUJRANWALA: The federal government is expected to announce budget for the financial year 2017-18 on May 26th. The business community of Gujranwala has presented recommendations for the betterment of trade and industry. Ikhkaq Ahmed Butt says Former President of Gujranwala Chamber of Commerce and Industry (GCCI) Ikhlaque Ahmed Butt has attributed country’s economic... Read More

PM visits Alibaba Group HQ in China, offers bright prospects for e-commerce

PM visits Alibaba Group HQ in China, offers bright prospects for e-commerce
BEIJING: Prime Minister Nawaz Sharif visited offices of Alibaba company in Zhejiang on Tuesday. In his remarks on the occasion, he said Pakistan is an emerging economy and the government is striving hard for prosperity of the people. The Prime Minister said as a result of policies pursued by the government since 2013, there is marked improvement in the economic... Read More

OBOR initiative to provide immense opportunities for economic cooperation: Dar

OBOR initiative to provide immense opportunities for economic cooperation: Dar
BEIJING: Finance Minister Mohammed Ishaq Dar has said China One Belt-One Road initiative will provide immense opportunities for economic cooperation and financial integration. Speaking at the special session of the Belt and Road Forum in Beijing, he said the OBOR provides a unique opportunity to connect countries and achieve higher growth in the region. Ishaq Dar said regional connectivity, along... Read More
error: Content is protected !!