Tag: Economic
IMF concerned about Pakistan economic reforms
KARACHI: The International Monetary Fund (IMF) has expressed concern over slow implementation in Pakistan of energy sector reforms and a revised general sales tax, officials said on Tuesday.
Pakistani and IMF officials are meeting to discuss the release of the sixth tranche of an $11 billion emergency loan agreed in November, 2008, which has kept the economy afloat. "Though things are not very good, it is still too early to say whether the sixth tranche is in danger," said a
Pakistani and IMF officials are meeting to discuss the release of the sixth tranche of an $11 billion emergency loan agreed in November, 2008, which has kept the economy afloat. "Though things are not very good, it is still too early to say whether the sixth tranche is in danger," said a
Chambers essential to economic revival:DGTO
RAWALPINDI: Director General Trade Organisation (DGTO) Asif Ghafoor has asserted that all the Chambers operating in the country could play an essential role in the rejuvenation of the national economy.
He declared this during discussions being held with Rawalpindi Chamber of Commerce and Industry (RCCI) President Syed Ali Raza Saeed Shah on Friday. Vice President Dr Shimail Daud, former Presidents Sabir Hussain Butt, Asad Mashadi and Member executive committee Jamshed Malik were
He declared this during discussions being held with Rawalpindi Chamber of Commerce and Industry (RCCI) President Syed Ali Raza Saeed Shah on Friday. Vice President Dr Shimail Daud, former Presidents Sabir Hussain Butt, Asad Mashadi and Member executive committee Jamshed Malik were
IMF evaluates economic climate
ISLAMABAD: The International Monetary Fund (IMF) review team began to take stock of the current financial situation of Pakistan with a briefing conducted by officials of the Ministry of Finance and Federal Board of Revenue (FBR) on the fiscal scenario and revenue collection during the first quarter of the current financial year here on Wednesday. Official sources revealed that the IMF team was giving two briefings.
The first focused primarily on the fiscal operations conducted by
The first focused primarily on the fiscal operations conducted by
Russia seeks strong economic ties with Pakistan
ISLAMABAD: Pakistan and Russia have finally decided to enhance their economic and trade cooperation after a limbo of 25 years.
Board of Investment (BOI) Chairman, Saleem H. Mandviwala and Russian Ambassador, Budnik Andrey made this announcement at a joint news conference here on Wednesday.
The Russian Ambassador said Russia considered Pakistan as a key player for economic development in the region.
"We want to develop our economic cooperation with Pakistan" he said.
Board of Investment (BOI) Chairman, Saleem H. Mandviwala and Russian Ambassador, Budnik Andrey made this announcement at a joint news conference here on Wednesday.
The Russian Ambassador said Russia considered Pakistan as a key player for economic development in the region.
"We want to develop our economic cooperation with Pakistan" he said.
Economic uplift imperative to Pakistan’s well-being: LCCI President
On a solemn note, the newly elected President of Lahore Chamber of Commerce and Industry (LCCI), Shahzad Ali Malik, voiced his fears that the economy and the nation as a whole are passing through a particularly difficult stage in the troubled history of Pakistan. Prudent policy decision and implementation on part of the government and the active participation of the private sector were essentially intrinsic to any sustainable solution to Pakistan's tribulations.
While
While
