PBF recommends to simplify tax system, make businesses easier app.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from app.com.pk Daily Mail and Mail on Sunday newspapers.
Traders against recovery of taxes from bank accounts tribune.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from tribune.com.pk Daily Mail and Mail on Sunday newspapers.
EU parliament’s resolution for reviewing the preferential scheme for imports from Pakistan has triggered some panic
ISLAMBAD:
The expression out of the frying pan and into the fire may be considered apt for Pakistan as it faces a potential threat to its exports to the European Union just as the country had begun to recover from the impact of the Covid-19 pandemic.
“Notwithstanding, the recent rise in Covid cases, Pakistan has been showing signs of a fragile economic recovery with a gradual resumption of economic dynamism,” according to a new World Bank report. The Covid-19 outbreak dealt a devastating blow to the world economy as global trade came to a grinding halt with economies going into lockdown. Even though Pakistan did not escape unscathed, it managed to rebound fairly quickly aided by the textile industry that received hefty orders from international buyers.