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PIAF concerned over declining trend of foreign direct investment

Daily Times
July 18, 2021
Chairman Pakistan Industrial and Traders Associations Front (PIAF) Mian Nauman Kabir expressing serious concern over the declining trend in foreign direct investment has said that FDI remained negative and posted a decline of 29 percent during the last fiscal year (FY21) despite some positive developments on the economic front.
Quoting the State Bank of Pakistan, he said that foreign investors invested $1.85 billion in Pakistan on account of FDI during FY21 compared to $2.50 billion in same period of FY20, down by $750 million. During the period under review, the country fetched FDI inflows amounted to $3 billion against the outflow of $1.16 million. A massive fall in the FDI has been attributed mainly to a major fall in the Chinese investment in CPEC projects, as net FDI from China was down by over 10 per cent to $758 million in FY21 compared to $847 million FDI in FY20. ....

Mian Nauman , Mian Nauman Kabir , Javed Siddiqi , Chairman Pakistan Industrial , Traders Associations Front , State Bank , Nauman Kabir , China Pakistan Economic Corridor , Special Economic Zones , மீயந் நௌமந் , மீயந் நௌமந் கபீர் , ஜாவெத் ஸீட்டிகீ , வர்த்தகர்கள் சங்கங்கள் முன் , நிலை வங்கி , நௌமந் கபீர் , சீனா பாக்கிஸ்தான் பொருளாதார தாழ்வாரம் , சிறப்பு பொருளாதார ஸோந்ஸ் ,

Structural reforms vital for consistent economic growth: Chairman PIAF

Structural reforms vital for consistent economic growth: Chairman PIAF
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.

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Stone crusting industry calls off strike after talks with minister

Daily Times
Stone crusting industry calls off strike after talks with minister
Finance minister tells FBR to hold negotiations with stone crushers association to formulate strategy for addressing their concerns
April 11, 2021
The stone crushing industry on Saturday called off its strike after successful negotiations with Federal Minister for Finance Hammad Azhar.
A delegation of association led by Provincial Minister for Labour Punjab Ansar Majeed Khan met with the Federal Minister for Finance and apprised him about the concerns of industry after new sales tax regime and its impact on overall development of the sector. The delegation urged the minister for ensuring sales tax of stone crushing industry of Sargodha at par with other districts. ....

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