Tribune
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Moderate growth and high deficit | The Express Tribune
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[ad_1] ISLAMABAD: A combination of domestic and external factors has pushed the economy into hot waters. In terms of some key economic indicators, the economy is in a similar situation as left by the PML-N government in 2018 – a moderate growth rate accompanied by high external and fiscal deficits. FY18 had closed with trade…
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Utilise continuity in IT ministry | The Express Tribune
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[ad_1] ISLAMABAD: Aminul Haq, federal minister for IT in the PTI government, has been sworn in as the minister for IT in the new government as well. Before any political supporter, or opponent, pounces on me, let me clarify that this article is not about politics. As a telecom professional, my submissions are absolutely non-political.…
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PM orders reduction in power loadshedding by next month | The Express Tribune
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[ad_1] ISLAMABAD: Prime Minister Shehbaz Sharif on Sunday expressed his annoyance over the prolonged loadshedding duration causing public woes and directed for its conspicuous reduction by next month. He also directed for taking of steps to reduce power glitches on an emergency basis. Neither fuel was purchased by the PTI government nor power units were…
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PM orders cut in load shedding duration by next month | The Express Tribune
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[ad_1] LAHORE: Prime Minister Shehbaz Sharif expressed his annoyance over the prolonged load-shedding durations and directed the authorities concerned to take steps for significantly reduce the outages by the next month. According to Express News, Prime Minister Shehbaz directed for urgent measures to mitigate peoples problems, saying that neither he would rest, not would let…
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Breakthrough in Pak-IMF bailout talks as $8bn package approved | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government. The understanding has been reached between Finance Minister Dr Miftah…
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Breakthrough in Pak-IMF bailout talks, loan amount to be $8bn | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have agreed, in principle, to extend the stalled bailout programme by up to one year and increase the loan size to $8 billion, giving markets the much-needed stability and a breathing space to the new government. The understanding has been reached between Finance Minister Dr Miftah…
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764 schemes of Rs2.3 trillion may face axe | The Express Tribune
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[ad_1] ISLAMABAD: The planning ministry has proposed to the new government to close around 764 development projects, costing Rs2.3 trillion with a view to cleaning its own-created mess and creating fiscal space for the new projects. The ministry has given a briefing to Ahsan Iqbal while keeping in mind new ground realities – change of…
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Boeing deliveries likely to be delayed | The Express Tribune
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[ad_1] WASHINGTON: Boeing is preparing for a new delay in the 777X program that would push first deliveries by at least a year into early 2025, a source briefed on the matter told Reuters. The delay is in line with an estimate given by the plane’s biggest customer – Emirates Airlines – whose president, Tim…
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Business community demands govt’s focus on marble sector | The Express Tribune
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[ad_1] ISLAMABAD: In order to optimise the tax collection and broaden the tax base, the government should re-introduce the fixed tax regime for the marble industry on the pattern of the tier-II retailers who pay sales tax through electricity bills, suggested Islamabad Chamber of Commerce and Industry (ICCI) President Muhammad Shakeel Munir. In a statement…
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Pak-China cooperation in sorghum can boost local economy | The Express Tribune
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[ad_1] BEIJING: Sorghum is an excellent source of food and feed and plenty of products can be made from it therefore, there are ample opportunities for the sorghum industry in Pakistan and help of China would definitely improve the local economy, said, Ayub Agricultural Research Institute Senior Scientist (Sorghum) Dr Qamar Shakil. Shakil said that…
