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Pakistan signs agreement with Iran to construct border markets: Senate told

Pakistan signs agreement with Iran to construct border markets: Senate told
dailytimes.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dailytimes.com.pk Daily Mail and Mail on Sunday newspapers.

Abdul razakAbdul razak dawoodNational tariff policyPakistan initiativePrime ministerInvestment abdul razak dawood fridayQuestion hourLong term financing facilityExport finance schemeTariff policy boardFinance actLocal taxesTextile policyஅப்துல் ர்யாஸக்அப்துல் ர்யாஸக் தாவூத்தேசிய சுங்கவரி பாலிஸீ

Pakistan s growth miracle

Pakistan’s growth miracle Pakistan’s strategy to deal with Covid through NCOC-coordinated lockdowns and restrictions aided in a quick recovery The writer is a public policy expert and an honorary Fellow of Consortium for Development Policy Research. He tweets @hasaankhawar The World Bank projected that Pakistan’s economy would grow by 1.3% in 2020-21. The IMF predicted 1.5% growth, whereas the State Bank of Pakistan (SBP) estimated 3%. But official (provisional) estimate of nearly 4% GDP growth exceeded all expectations. Pakistan’s economy has indeed made a comeback from the pandemic, with a bang! The services sector grew by 4.4%, industrial sector by 3.5% and agriculture 2.7%. Within services, the highest growth came from wholesale and retail trade, whereas within the industrial sector, it was the large-scale manufacturing that grew by 9%. Considering that these two sub-sectors together constitute 28% of the GDP and both suffered a serious contraction last year, these

Shaukat tarinWorld bankState bankLong term financing facilityTemporary economic refinance facilityஷௌுகத் தாரின்உலகம் வங்கிநிலை வங்கிநீண்டது கால நிதி வசதிதற்காலிகமானது பொருளாதார மறுநிதியளிப்பு வசதி

Fiscal deficit contained at 3 5 percent in eight months

Daily Times April 29, 2021 Owing to the government’s efforts, the fiscal deficit during the first eight months (July-February) of the current fiscal year has been contained at 3.5 percent of the Gross Domestic Product (GDP). “Despite higher mark-up payments and COVID-related expenditures, the fiscal sector continues to perform better as a result of the government’s efforts to maintain fiscal discipline,” says Monthly Economic Update and Outlook for April 2021. According to the report the first eight months of the current fiscal year witnessed an increase of 9.2 percent in net federal revenue receipts to reach Rs.2188 billion as compared to Rs.2003 billion last year. The total expenditures grew by 1.3 percent to Rs.4132 billion during July-February, FY2021 as compared to Rs.4079 billion last year. “Thus the fiscal deficit has been contained to 3.5 percent of GDP during July-February, FY2021,” the report adds. On the other hand, the primary balance posted a surplus of R

Pakistan bureau of statisticsGross domestic productMonthly economic updateFederal boardFederal excise dutyMoney supplyWithin money supplyNet foreign assetsNet domestic assetsLong term finance facilityExport finance schemeWorker remittancesCurrent accountPakistan bureauForeign direct investmentState bank

Finance ministry hopes economic recovery despite third corona wave

Finance ministry hopes economic recovery despite third corona wave Top Story April 28, 2021 ISLAMABAD: Amid the third wave of COVID-19, the finance ministry has highlighted risks to different sectors, saying the economic recovery got hampered but Pakistan is grappling with the fresh wave. With timely appropriate measures taken by the government to tackle the third wave, risks have been mitigated thus better prospects of economic growth are visible, the ministry hoped. It also projected that all in all, inflation is expected to remain between 8.0-9.5 per cent next month. However, from the beginning of the next fiscal year, assuming the absence of any new supply shocks, favorable base effects may start to drive Y-o-Y inflation to lower levels. However, independent economists believe the monthly inflation will enter into a double-digit from next month.

Large scale manufacturingDuring jul febWithin money supplyNet foreign assetsNet domestic assetsLong term finance facilityExport finance schemeபெரியது அளவு உற்பத்திஉள்ளே பணம் விநியோகிநிகர வெளிநாட்டு சொத்துக்கள்நிகர உள்நாட்டு சொத்துக்கள்நீண்டது கால நிதி வசதிஏற்றுமதி நிதி திட்டம்

PNSC plans to acquire Aframax tanker for expansion

PNSC plans to acquire Aframax tanker for expansion
thenews.com.pk - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thenews.com.pk Daily Mail and Mail on Sunday newspapers.

North west frontierAndhra pradeshOil productionPakistan national shipping corporationState bankLong term financing facilityExporting countriesவடக்கு மேற்கு எல்லைஆந்திரா பிரதேஷ்எண்ணெய் ப்ரொடக்ஶந்பாக்கிஸ்தான் தேசிய கப்பல் போக்குவரத்து நிறுவனம்நிலை வங்கிநீண்டது கால நிதி வசதிஏற்றுமதி நாடுகள்