Business News
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Miftah not too optimistic about Pakistan’s economic outlook
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[ad_1] Former federal finance and revenue minister Miftah Ismail (left) in conversation with Dr Aqdas Afzal, an assistant professor of Social Development and Policy at Habib University in Karachi. — Courtesy Habib University Former federal finance minister Miftah Ismail is…
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Minister sees no gas shortage this winter | The Express Tribune
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[ad_1] ISLAMABAD: Minister of State for Petroleum Musadik Malik on Monday held former planning minister Asad Umar responsible for last year’s gas crisis in the country, saying the latter had recommended not importing the commodity, and emphasised that there would…
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ECC holds up funds for next population census | The Express Tribune
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[ad_1] ISLAMABAD: The coalition government on Monday decided to review a decision to hold next general elections on the basis of a new population census by withholding Rs5 billion budget for the headcount but sanctioned Rs17 billion more for the…
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Ethiopia to remove trade barriers | The Express Tribune
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[ad_1] KARACHI: The Ambassador of Ethiopia, Jamal Beker Abdula, has apprised that around seven to ten agreements pertaining to trade promotion, political consultation, defence cooperation, aviation, technology transfer and others will be signed with the government of Pakistan within a…
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Dollar continues rally for fourth successive session, closes at Rs218.89
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[ad_1] A file image showing a currency dealer counting $100 notes — AFP KARACHI: The US dollar maintained its upward trajectory against the Pakistani rupee for the fourth consecutive session in the interbank market on Monday. The rupee closed at…
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Fact-check: Does new Pakistan banknote omit anti-corruption message?
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[ad_1] Image showing the commemorative 75-rupee note. — Twitter/ SBP Multiple posts on Facebook and Twitter claim Pakistan’s central bank has omitted a quotation about the importance of earning an honest living from the newly introduced 75 rupee banknote. This…
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Pakistan to soon move out of FATF grey list, Dar assures
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[ad_1] A file photo of the FATF building. — AFP WASHINGTON: Pakistan will soon move out of the Financial Action Task Force’s (FATF) grey list, Finance Minister Ishaq Dar assured ahead of the watchdog’s plenary session that will decide the…
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Dar seeks greater policy support from IMF and donors amid flood catastrophe
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[ad_1] Finance Minister Ishaq Dar. — APP/screengrab WASHINGTON: In view of the climate-induced flood catastrophe and economic losses suffered by the country, Finance Minister Ishaq Dar Sunday urged the International Monetary Fund (IMF) and multilateral donors to offer greater…
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After us, the deluge | The Express Tribune
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[ad_1] ISLAMABAD: Attributed to Louis XV of France, “Apres moi, le deluge” is often interpreted as the monarchy’s indifference to financial excesses and a foreshadow of the French revolution. In recent times, it has come to signify a nihilistic attitude…
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Reforms: more action needed | The Express Tribune
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[ad_1] KARACHI: Ishaq Dar, the country’s new financial czar, has laid out three priorities – to strengthen the rupee, reduce interest rates, and cut down inflation. Critics say that in his previous four-year stint as finance minister ending in 2017,…
