Pakistan
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Finance Minister Miftah Ismail unveils Pakistan Economic Survey | The Express Tribune
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[ad_1] Finance Minister Miftah Ismail unveiled the Pakistan Economic Survey for Financial Year 2021-22 on Thursday as he underlined the need for “sustainable economic growth” in the upcoming financial year. The survey was revealed by the finance minister alongside Planning Minister Ahsan Iqbal, State Minister for Finance Ayesha Ghous Pasha, and Power Minister Khurram Dastgir…
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Pakistan not facing financial emergency: Miftah Ismail
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[ad_1] Federal Minister for Finance and Revenue, Miftah Ismail addressing a press conference at PID in Islamabad, on May 15, 2022. — APP ISLAMABAD: Following the government’s measures to rectify the ongoing economic turmoil, Finance Minister Miftah Ismail Monday clarified there were no plans to impose a financial emergency in the country. In a tweet,…
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No financial emergency in Pakistan, says Miftah | The Express Tribune
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[ad_1] Finance Minister Miftah Ismail said on Monday that there was no financial emergency in Pakistan, especially after the two back-to-back increase in the price of petroleum. The federal minister said the prime minister at “some point” will announce austerity measures, as he ruled out any kind of financial emergency in light of the poor…
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Pakistan has little share in Malaysia imports | The Express Tribune
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[ad_1] KARACHI: Pakistan’s share in Malaysian imports of $238 billion is insignificant that can be enhanced through little efforts and Pakistani embassy in Malaysia can play an instrumental role in this regard. Lahore Chamber of Commerce and Industry (LCCI) Senior Vice President Mian Rehman Aziz Chan said this while talking to a delegation of Malaysian…
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Pakistan can learn from China’s dairy practices | The Express Tribune
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[ad_1] BEIJING: Pakistan is among the world’s top five milk producers, with over 60 million tons of milk production each year. To further enhance production, Pakistan can learn from China’s best practices applied in the dairy sector, said Badaruz Zaman, Commercial Counsellor at Pakistani Embassy in Beijing. He made the remarks on the World Milk…
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Pakistan, Turkey can push trade to $5b | The Express Tribune
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[ad_1] ISLAMABAD: Saarc Chamber of Commerce and Industry President Iftikhar Ali Malik on Tuesday highlighted the significance of Prime Minister Shehbaz Sharif’s visit to Turkey, saying it would further cement bilateral ties between the two countries. Iftikhar said that the existing annual bilateral trade worth $1.1 billion between Pakistan and Turkey could be taken up…
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Pakistan urged to set up RMB Capital Circulation System | The Express Tribune
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[ad_1] KARACHI: China has proposed to Pakistan to set up RMB Capital Circulation System to promote trade and transactions in the Chinese currency. In this regard, it was suggested that the State Bank of Pakistan (SBP) hold talks with the Bank of China. The government asked the finance ministry and the central bank to review…
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Pakistan seeks to diversify trade with France | The Express Tribune
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[ad_1] ISLAMABAD: Federal Minister for Commerce Syed Naveed Qamar has said that Pakistan values its historic, friendly and cooperative relationship with France and wishes to strengthen and diversify bilateral trade and economic linkages in the coming years. He was talking to French Minister for Foreign Trade and Attractiveness Franck Riester on Wednesday, according to a…
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Pakistan, IMF fail to reach staff-level agreement on programme’s revival, say sources
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[ad_1] International Monetary Fund (IMF) Headquarters in Washington. — AFP DOHA: The International Monetary Fund (IMF) late Wednesday delayed the revival of the stalled $6-billion programme under External Financing Facility (EFF) for Pakistan. The revival was expected to bring stability to the financial markets, the fast-weakening Pakistani rupee, and the depleting foreign exchange reserves, as…
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Pakistan, IMF again fail to reach staff level agreement | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund have failed to reach a staff level agreement for revival of the $6 billion programme amid huge gaps between their assessments of the economy and the required measures that are immediately needed to stop economic meltdown. In a handout, the IMF on Wednesday emphasised upon “urgency of…
