Pakistan
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Pakistan on IT bandwagon | The Express Tribune
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[ad_1] ISLAMABAD: Owing to the youth bulge, Pakistan will quickly jump on the information technology bandwagon to achieve fast economic development as well as fulfill market needs for human capital, emphasised President Dr Arif Alvi. Addressing the Lahore Chamber of Commerce and Industry (LCCI) IT Awards 2022 ceremony, the president called for increasing quality human…
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Global developments and Pakistan | The Express Tribune
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[ad_1] ISLAMABAD: Russia’s invasion of Ukraine and the imminent hike in interest rates in the United States are likely to significantly impact Pakistan’s economy. Moscow’s decision to move its troops into Ukraine and the retaliatory sanctions imposed by the western countries on Russian financial and government entities is fraught with serious geostrategic implications. In the…
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Making Pakistan conducive for investment | The Express Tribune
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[ad_1] KARACHI: On the global economic front, Pakistan punches well below its weight. It is a youthful country, whose population’s median age is under 23 years, blessed with abundant human and natural resources. Yet, for years, Pakistan has lagged behind other nations in this region in terms of economic growth. The country’s real GDP is…
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FATF retains Pakistan on grey list | The Express Tribune
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[ad_1] KARACHI: The Financial Action Task Force (FATF) announced on Friday it retained Pakistan on its grey watch list though the global financial watchdog noted Islamabad’s “persistent political commitment” to implement its action plan. The announcement came after the conclusion of the sixth plenary of the FATF held under the German Presidency of Dr Marcus…
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Pakistan, IMF to begin talks today | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund (IMF) will begin talks today (Friday) for the next $960 million loan tranche and have set the first session for discussion on the new budget and impact of deviation from prudent economic policies. The new IMF mission chief and his team will join the talks virtually from…
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Pakistan, Uzbekistan to sign FTA | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Uzbekistan will sign a preferential trade agreement this week to lower duties on nearly three-dozen products in the range of 20% to 100% aimed at giving a boost to the trade value that remains very thin despite vast potential. The preferential trade agreement will be signed during a two-day visit of…
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Pakistan, Uzbekistan to sign PTA | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and Uzbekistan will sign a preferential trade agreement this week to lower duties on nearly three-dozen products in the range of 20% to 100% aimed at giving a boost to the trade value that remains very thin despite vast potential. The preferential trade agreement will be signed during a two-day visit of…
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Pakistan turns to diesel for power generation | The Express Tribune
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[ad_1] Pakistan and Bangladesh are now opting for the expensive and dirty diesel to generate power as the nations struggle to secure liquefied natural gas (LNG) shipments following a supply crunch due to Russia’s invasion of Ukraine. In January, Pakistan’s diesel-based power generation surged to the highest in seven years whereas the LNG-fired output dropped…
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Malaysia keen to boost trade with Pakistan | The Express Tribune
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[ad_1] PESHAWAR: The business community of Khyber-Pakhtunkhwa has urged the concerned authorities to simplify the visa issuance process to boost bilateral trade and economic relations between Pakistan and Malaysia. In a meeting with High Commission of Malaysia Charge D’ Affairs Deddy Faisal Ahmad Salleh on Monday, the traders called for reaping complete benefits of the…
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Envoy lauds growth in Pakistan, Indonesia trade | The Express Tribune
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[ad_1] KARACHI: The value of bilateral trade between Indonesia and Pakistan soared to a record level of $3.9 billion in 2021 despite the outbreak of Covid-19 pandemic, revealed Indonesian Consul-General in Karachi Dr June Kuncoro Hadiningrat. Speaking at a business-to-business hybrid meeting organised by Indonesian Consulate General in Karachi at a local hotel on Saturday,…
