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PEconomist

@peconomist_

1 year

Ambassador of Turkmenistan to Pakistan Atadjan Movlamov has said that significant progress has been made on the bilateral transit trade between Pakistan and Turkmenistan.

Bilateral transit trade deal soon: Turkmenistan envoy

ISLAMABAD: Ambassador of Turkmenistan to Pakistan Atadjan Movlamov has said that significant progress has been made...

www.brecorder.com

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11 months

‘SIFC – ANALYSIS BY MEDIA AND ECONOMIC EXPERTS’ Kamran Khan said that amid ongoing economic deterioration, SIFC is established to facilitate one window operation for investment and businesses. Army is the guarantor for investors’ facilitation and policy consistency as present…

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1 year

Dr Farrukh Saleem analyzes that out of 1800 billion Rs total defence budget, Pakistan Army will get approximately 800-900 billion Rs. Nobody talks about how much Pakistan Army returns back. Army returns Rs 500 to 600 billion annually. #DefenceBudget

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1 year

Key takeaways of Farrukh Saleem’s latest article “Unveiling The Lowest Defence Budget 2023-24 In Decades” are given below: The budget allocation for defence has hit historic low, both as a percentage of GDP and as a proportion of the overall budgetary outlay,

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11 months

What is Special Investment Facilitation Centre? A 🧵 In response to Economic challenges, the government has launched Economic revival plan, which aims to tap into Pakistan's immense potential in sectors of defense manufacturing, agriculture, minerals, information technology,…

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11 months

“Pakistan Bonds Rally After IMF Deal, Bloomberg news” - Key Points • The Deal arrives in the midst of Eid festivities. • Making Pakistan really the third nation in South Asia to be able to get funds from the IMF to see through the economic situation and stabilize economy.

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1 year

ARMS SALES IN RUSSIA UKRAINE CONFLICT A 🧵 Russian Embassy recently issued a statement that, “Any arms deliveries to #Ukraine , wherever they come from, will be regarded as an openly hostile anti-Russia action, & will have an extremely negative effect on our relations with the…

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11 months

‘SIFC – ANALYSIS ON GREEN PAKISTAN INITIATIVE (GPI)’ Dr Ahfaq Hassan appreciated Green Pakistan Initiative (GPI) by saying: • We utilize only 11% of our land for agricultural purposes. • Pakistan is 5th largest country in terms of milk production. However, our livestock…

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1 year

ENSURE JUDICIOUS UTILIZATION OF EDUCATION BUDGET A 🧵 Over the last decade, Education budget of Pakistan has increased from Rs.350 billion in FY2013-14 to a staggering amount of Rs.1 Trillion in 2022-23, an increase of 185.7%. (This includes budget allocated.. 1/17

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1 year

آئیے ہم سب مل کر اس بات کا جائزہ لیں کہ کیا واقعی ہم اپنا پیٹ کاٹ کر پاک فوج کو پال رہے ہیں؟ 1/2 #DefenceBudget #NationSalutes_PakArmy #ڈٹ_کے_کھڑاہےاب_کپتان #بنے_گا_نیا_پاکستان

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8 months

Afghan transit trade: 25pc of total consignments to be picked for scanning: FBR FY23 saw a $2.3 billion increase in Afghanistan's imports through Pakistan. Rampant smuggling in #Pakistan caused revenue loss and undermined import curtailment efforts, while benefiting businessmen…

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11 months

UAP RAIL PROJECT A 🧵 What is the Project? Pakistan, Uzbekistan and Afghanistan signed an agreement to connect Uzbekistan and Pakistan's railway networks through Afghanistan.

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7 months

'Analysis of @81ShahbazRana Story on IPSOS Survey about Pakistan Economy' ▪️ IPSOS Group (an acronym of Institut Public de Sondage d’Opinion Secteur) is a multinational market research and consulting firm with Headquarters in Paris, France. ▪️It issues various reports on…

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10 months

Fact check of concocted false assertions by sidelined/self proclaimed pseudo economists: Assertion 1: Pakistan's total debt is so high that it will never be repaid. Fact: As of June 2023, total public debt and liabilities of Pakistan are estimated to be about Rs. 72.978…

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8 months

#BigBreaking EU MEPs have decided to roll over the rules on the Generalised Scheme of Preferences-Plus (GSP+) till 2027. The European Parliament has approved the continuation of the GSP Plus scheme for #Pakistan . Caretaker Federal Minister for Commerce and Industry Dr Gohar…

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11 months

پاکستان معدنی وسائل سے مالا مال

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8 months

Dark Side of Indian Economic Marvels - A Thread Behind the pomp and show of the so called Rising #India , the abysmal realities reveal deplorable condition of its people, to include: • Unequal Distribution of Wealth. • Increased Ratio of Youth Un-employment. • Wider Scale of…

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1 month

‘Dairy exports to China on the cards’ Punjab Livestock Secretary Masaud Anwar has announced that Pakistan will soon start exporting dairy products to China through a state-of-the-art farm developed in Sheikhupura. Speaking at the Pakistan Agricultural Coalition’s…

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10 months

@FarhanKVirk ’s analysis on Pakistan’s Total External Debt 2018-2023 highlights the following: Pakistan’s Total External Debt from 2018-2022 constantly increased, indicating poor economic policies of the former (PTI) government. Whereas, in the first quarter of 2023, during the…

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9 months

Pakistan's trade imbalance can be addressed through IT sector: Dr Umar Saif Caretaker Minister of Information Technology & Telecommunication Dr Umar Saif highlighted the potential of the IT industry in reducing the country’s trade imbalances. 1/3

Pakistan's trade imbalance can be addressed through IT sector: Dr Umar Saif

Caretaker minister of Information Technology says the sector's untapped potential may make a substantial contribution to the growth of the national economy

www.brecorder.com

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9 months

'TRANSIT ROUTE IN ACTION' The first shipment of goods from China to Afghanistan has arrived in Gilgit-Baltistan via the Khunjerab border. The transit route reduces travel time by 70% and logistics costs by 30%, promoting positive trade diversion. It is likely that the efficient…

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8 months

In apex committee meeting with Caretaker PM Anwar Ul Haq Kakar and officials of #Balochistan Government at Quetta on October 10, 2023, Army Chief Gen. Asim Muneer stated that, "The army, in collaboration with law enforcement agencies and government departments, will provide…

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6 months

HOW PAKISTAN HAS MADE AFGHANISTAN IRRELEVANT? There is often a misconception that Pakistan cannot carry out trade with CARs without using routes passing through Afghanistan or peace in Afghanistan is mandatory if Pakistan wants to access CARs. Fact of the matter is that…

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8 months

پاکستان کی مثبت اقتصادی ترقی: امید کی کرن ریاست پاکستان نے حالیہ دور میں معاشی کسمپرسی کا ایک بہت درد ناک دور دیکھا ہے جس سے نکلنا تقریباً نا ممکن سا لگ رہا تھا۔ لیکن پچھلے کچھ مہینوں سے ملکی عسکری و سیاسی قیادت کی انتھک محنت اور مخلصانہ کاوشوں کی بدولت پاکستان کی معاشی ترقی کے…

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23 days

In its efforts to boost country's economy, #SIFC has been focusing on development of Yak farming in the country, recognising its pivotal role in Livestock. Yak a bovine species is native to Himalayan mountains including #GilgitBaltistan region of Pakistan as well as #Nepal ,…

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10 months

An International Road transport (TIR) route opened between China’s inland city of Kashgar & Pakistani capital of Islamabad this week with first convoy of five trucks departing at an inaugural ceremony, 1/2 #EconomicConnectivity

Pakistan, China launch first international road transport trade route

ISLAMABAD: An international road transport (TIR) route opened between China’s inland city of Kashgar and the Pakistani capital of Islamabad this week with the first convoy of five trucks departing at

www.arabnews.pk

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1 year

Pakistan Army has made benevolent contributions for well-being of Pakistanis: 1. Support for Disabled Civilian Patients 2. Treatment for Special Children 3. Establishment of Free Medical Camps.. #Chief_Justice_of_Pakistan #ائین_کا_محافظ_عمران_خان #آئین_پرڈٹ_گیا_چیف_جسٹس

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1 year

BALOCHISTAN – A NEED FOR INTROSPECTION? A 🧵 There is a popular perception that Balochistan is given less funds as compared to other provinces. In order to make a rational judgment on this, we must consider few facts. #Balochistan_Pakistan_Ka #پاکستان_کا_بلوچستان #SupremeCourt

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1 month

#Breaking Bulls returned to the trading floor at the Pakistan Stock Exchange (PSX) as shares climbed more than 700 points to breach the key 72,000 level for the first time. The benchmark KSE-100 index gained 827.36 points, reaching 72,186 points, marking another record high at…

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1 month

World Bank has acknowledged Pakistan's commitment to economic reforms and reiterated its readiness to extend technical assistance and financial support to facilitate the country in achieving its developmental objectives. In a meeting, Finance Minister Muhammad Aurangzeb briefed…

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10 months

The world’s top rice exporter, India, banned export of non-basmati white rice. Hence, there are high expectations that global rice prices will rise further, creating a lucrative opportunity for Pakistani rice exporters. #FoodSecurity #PakistanBasmatiRice

India’s rice export ban: opportunities for Pakistan

The world’s top rice exporter, India, banned the export of non-basmati white rice to control their rising domestic...

www.brecorder.com

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10 months

In a significant move to boost Pakistan’s global trade connections, Dr. Gohar Ejaz, Federal Minister for Commerce & Industries, has announced a compelling plan to establish Business Parks in major cities across the nation.

MoC for Business Park initiative to enhance trade

ISLAMABAD: In a significant move to boost Pakistan's global trade connections, Dr. Gohar Ejaz, the Federal Minister for Commerce & Industries, has announced a compelling plan to establish Business

www.pakistantoday.com.pk

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10 months

‘BEGINNING OF A NEW ECONOMIC ERA’ • Securities and Exchange Commission of Pakistan (SECP) registered 2,220 new companies in July 2023, a 25% increase from the previous year. • The total capitalization for these companies was Rs. 3.3 billion. • The total number of registered…

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2 months

‘Pakistan inflation hits at 23-month low, primarily due to base effect, reigniting hopes’ • General inflation in Mar-24 clocks in at 20.7%. • General inflation in Feb-24 was at 23.1%. • General inflation in Mar-23 was at 35.4%. • Food inflation in Mar-24 stood at 16.6%, vs…

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10 months

Depoliticization of economy is process of reducing political considerations & influences over economic issues, economic policies & economic institutions. Depoliticization involves separation of political agendas from economic decision-making processes..

Capital suggestion: Objective economy

Here is a partial list of countries that have effectively depoliticized economic decision-making: Singapore, South Korea, Israel, Chile, Sweden, Norway, Denmark, Finland, Switzerland, Germany,...

www.thenews.com.pk

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3 months

‘Pakistan's forex reserves improve’ • Country's foreign exchange reserves up by $239 million to $13.39 billion • #SBP reserves up by $105 million to $ 8.0 billion • Other Banks reserves up by $134 million to $ 5.37 billion • Import cover: 1.54 months #ForeignExchange

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9 months

As the world shifts towards renewable energy sources, the demand for copper will increase to support the production of solar panels and wind turbines, which rely on copper components for efficient energy conversion. #RekoDiqEconomicGoldMine

Capital suggestion: Oil of the future

The first oil well that launched the modern oil industry was drilled in Pennsylvania in 1859. Copper is the ‘oil of the future’. Copper is an excellent conductor of electricity. Copper...

www.thenews.com.pk

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1 month

‘SIFC Initiates Transformation of Thandiani and Gunol into Tourism Hubs’ The Special Investment Facilitation Council (SIFC) has unveiled ambitious plans to revitalize Thandiani and Gunol, turning them into bustling tourism destinations in Khyber Pakhtunkhwa (KP), Pakistan. These…

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10 months

PAKISTAN’S ECONOMIC RESURGENCE A 🧵 Pakistan’s Current Situation: After a trying period of economic uncertainty and instability, Pakistan's economy has slowly but surely begun to show signs of recovery. The government's efforts to implement structural reforms and attract…

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1 month

During Pakistan-Saudi Arabia Investment Conference, both countries explored multilateral investment opportunities and expressed interest in areas of mutual interest including Agriculture, Livestock, Information Technology, Telecommunications, Minerals, Energy, Tourism and Human…

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1 year

SIPRI – TRENDS IN INTERNATIONAL ARMS TRANSFERS A 🧵 Pakistan mostly relies on #China for arms imports. According to #SIPRI Database since 1970 China’s share of arms transfer to Pakistan has consistently increased. #PakChinaFriendship

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2 months

The Asian Development Bank (ADB) is dispatching a reconnaissance mission from 6-24 May 2024 to develop the scope, coverage, and design of the proposed $400 million Accelerating State Owned Enterprise (SOE) Transformation Programme, a Results-Based Loan (RBL). The main objective…

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2 months

‘Economy-IMF Program’ 📌 @shazbkhanzdaGEO argued that government is ambitious to increase tax base. Do you consider that it is possible amid political pressure? @MiftahIsmail commented that: • Government voluntarily imposed tax of Rs 41 Billion on retail sector during last…

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2 months

Agriculture experts’ insights on the agriculture revolution in Cholistan and its outcomes👇🏻 #SIFC #Cholistan #GreenPakistanInitiative

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9 months

Positive Economic Developments for Pakistan • Event – 1: 5 Sep, A delegation from Southeast University Nanjing, China called on Chairman National Disaster Management Authority (NDMA) Lieutenant General Inam Haider Malik and discussed different joint ventures in the domains of…

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9 months

SIFC identifies 9 power projects worth $6.87 billion The Special Investment Facilitation Council (SIFC) has identified nine power sector projects at an estimated cost of $ 6.870 billion to be offered to investors on Government to Government (G2G) basis.

SIFC identifies 9 power projects worth $6.87bn

ISLAMABAD: The Special Investment Facilitation Council (SIFC) has identified nine power sector projects at an...

www.brecorder.com

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1 month

‘KSA eyes Pakistan as high-priority economic, investment opportunity: Saudi minister’ Ibrahim Al-Mubarak, Assistant Minister of Investment in the Kingdom of Saudi Arabia (KSA), said that the kingdom’s government and businesses consider Pakistan “a high priority economic,…

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9 months

The National Electric Power Regulatory Authority (NEPRA) on Wednesday directed the power distribution companies (Discos) to improve their performance in 15 days and submit a report in that regard. #ElectricityBills

NEPRA asks Discos to improve performance in 15 days

The National Electric Power Regulatory Authority (NEPRA) on Wednesday directed the power distribution companies...

www.brecorder.com

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2 months

‘SIFC Progress: Multi Million Dollar Contract from Saudi Fund for Development’ A delegation from the Saudi Fund for Development (SFD) recently visited Azad Jammu and Kashmir ( #AJK ), and finalized agreements worth 101 million dollars to fund two #Hydro Power Projects: Shounter…

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1 year

How to control the growing circular debt? How important is the demand for a Charter of Economy? Why does our economy go through a growth-bust cycle? @SaleemFarrukh answers all these questions. #CJPakistan #WeRejectOneManShow #آئین_پرڈٹ_گیا_چیف_جسٹس

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2 months

This week marks a pivotal moment for Pakistan's economy as several crucial developments unfold: • A high-level Saudi delegation, led by the Foreign Minister, has arrived in Pakistan to finalize Saudi Arabia's pledge of $5 billion, marking a significant infusion of foreign…

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3 months

Ambassador of Iran to Pakistan Dr. Reza Amiri Moghadam highlights the potential for Pakistan-Iran bilateral trade to reach $5 billion annually. Enhanced air, rail, and maritime integration set to double trade, fostering regional and global economic growth. #PakIran

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2 months

An increase in IT exports is being witnessed due to policy initiatives of Special Investment Facilitation Council ( #SIFC ). According to State Bank of Pakistan's data, #IT exports stood at 257 million dollars in February, which is thirty two percent higher than the same period of…

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1 month

‘Pakistan, Iran sign 8 agreements, MoUs’ In a historic visit, Iranian President Raisi announced to increase the volume of bilateral trade to $10 billion in the next five years. Pakistan and Iran have signed eight agreements and MoUs for cooperation in diverse fields. The…

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2 months

‘Three oil refineries to ink strategic partnership with OGRA to boost energy sector’ Pakistan's three oil refineries, Attock Oil Refinery, National Oil Refinery and Pakistan Oil Refinery, are expected to sign an agreement with the Oil and Gas Regulatory Authority (OGRA) under…

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6 months

‘Disinformation by Shahbaz Rana Using Express Tribune’ ▪️ Our earlier tweet on exposing disinformation spread by Shahbaz Rana using latest IPSOS Survey about Pakistan Economy stands corroborated by the press release of Prime Minister Office, stating that Shahbaz Rana’s story…

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2 months

‘Pakistan to host ITCN Asia’ The 24th edition of Information Technology Commerce Network (ITCN) Asia, Pakistan's biggest IT and telecom expo and conference, will take place from April 18 to 20 at the Expo Center in Lahore. State Minister for IT & Telecom, Shaza Khawaja, will be…

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2 months

‘SIFC starts improvement in national education policy’ Special Investment Facilitation Council (SIFC) has started collaborations with stakeholders at federal and provincial levels to improve national education policy in line with the demands of international market.…

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2 months

‘Pakistan, Finland jointly start work on Vocational Talent Boost Program’ Under the umbrella of Pakistan-Finland Cooperation, the vocational Talent Boost Program has been initiated for youth with a grant of 1.5 million euros. The platform of Special Investment Facilitation…

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2 months

United States has assured support for Pakistan’s efforts to manage its daunting debt burden. US State Department Spokesperson Matthew Miller said that Pakistan has made progress to stabilize its economy and we support its efforts to manage its daunting debt burden. We encourage…

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1 month

Prime Minister Shehbaz Sharif secured more investment assurances from Saudi Arabia In a meeting, Finance Minister Mohammad Al Jadaan said that a delegation of Saudi investors would soon visit Pakistan. Pakistan was a priority for their investment and Saudi Arabia would…

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2 months

Finance Minister Muhammad Aurangzeb anticipates an upgrade in Pakistan’s credit rating by Moody’s Investor Service soon, reflecting Pakistan’s strengthened economic fundamentals and government’s dedicated reform efforts. Positive discussion held during Finance Minister’s meeting…

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2 months

The Oil and Gas Regulatory Authority ( #OGRA ) announced a reduction in Liquefied Petroleum Gas ( #LPG ) prices. The producer price of 11.8 kg domestic cylinder of LPG has been reduced by Rs 76.09.

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1 month

In a Green Pakistan Initiative Conference, Army chief made a historic statement. In his address, he said that we are all a ‘united team’ and with support of people of Pakistan efforts of those who distract and obstruct Pakistan’s development journey will fail. These are the…

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1 month

SIFC has played a crucial role in spearheading initiatives geared towards fostering the country's economic progress. The following highlights significant advancements with respect to SIFC. 1. 𝗔𝗿𝗮𝗺𝗰𝗼'𝘀 𝗘𝗻𝘁𝗿𝘆 𝗶𝗻𝘁𝗼 𝗣𝗮𝗸𝗶𝘀𝘁𝗮𝗻'𝘀 𝗘𝗻𝗲𝗿𝗴𝘆 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗔…

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2 months

‘Experts predict sustained surge in Pakistan remittances amid political, economic stability’ “Recent months have seen effective control over the gap between #interbank and open market rates, leading to more remittances through legal channels as when this gap is wide, expatriates…

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10 months

SIFC and Economic Development in Pakistan: The SIFC aims to streamline economic growth indicators, facilitate policy reforms, and create an environment friendly to investors by channeling foreign investment into specific industries. The SIFC aims to streamline the process for…

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8 months

SIFC: a master stroke to strengthen Pakistan Economy. #SIFC #PakistanEconomy

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9 months

پاکستان آرمی کا انکم ٹیکس نظام- انتہائی شفاف اور موثر ہر مہینے پاکستان آرمی کے تمام افسران اور جوانوں کی تنخواہیں انکم ٹیکس کی کٹوتی کے بعد ان کو دی جاتی ہیں۔ اس میں وہ تمام سویلین ملازمین بھی شامل ہیں جو پاکستان آرمی میں اپنی خدمات سر انجام دے رہے ہیں۔ سال 2022-2023 میں…

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1 year

Pakistan Agricultural Coalition اور Pakistan Business Council نے مشترکہ طور پرایک رپورٹ بعنوان The State of Pakistan’s Agriculture 2023شائع کی- رپورٹ کی گزارشات کےمطابق گزشتہ دو دہائیوں میں پاکستان کے زرعی شعبے کی ترقی جمود کاشکار رہی۔ #زراعت_ہمارا_مستقبل #آئین_پرڈٹ_گیا_چیف_جسٹس

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3 months

‘Pakistan readies for economic diplomacy push’ In an indication that negotiating for new loans with the International Monetary Fund and attracting foreign investment will take center stage in Pakistan’s future diplomatic engagements, Prime Minister Shehbaz Sharif has appointed…

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1 year

POLITICIZATION OF MINERAL SECTOR A 🧵 Pakistan has a huge untapped mineral potential worth US$ 6.09 Trillion. This potential can be capitalized not only to bring economic stability in the country but also to create job opportunities in far-flung districts in the country. 1/19

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2 months

#BigBreaking ‘PSX hits a historic high’ The Pakistan Stock Exchange’s (PSX) benchmark KSE-100 index traded at a record high of 71,515 points, up 0.8%, after earlier breaching the key 71,000 level. This remarkable achievement reflects investors’ confidence in the country’s…

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1 month

Special Investment Facilitation Council (SIFC) has been instrumental in driving various initiatives aimed at propelling the nation's economic growth. Following are a few noteworthy developments with respect to SIFC. 1. Driving Digital Transformation: Advancing IT Sector…

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1 month

Prime Minister Shehbaz Sharif is set to attend a special meeting of the World Economic Forum (WEF) today. Headed by PM Shehbaz Sharif, the Special Investment Facilitation Council (SIFC) delegation will participate in the World Economic Forum meeting. Over 1,000 global leaders…

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2 months

‘Pakistan repays $1 billion in Eurobonds, says central bank’ Pakistan's central bank has repaid $1 billion in Eurobonds, it said on Saturday, a scheduled payment ahead of the South Asian nation seeking a long-term bailout from the International Monetary Fund. The bond, launched…

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1 month

‘IMF approves release of final $1.1bn SBA tranche’ The Executive Board of the International Monetary Fund (IMF) has approved the immediate disbursement of approximately $1.1 billion to Pakistan. “The completion of the second and final review reflects the authorities’ stronger…

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@peconomist_

20 days

‘Reserves Grow to $14.62bn’ The foreign exchange reserves of both State Bank and commercial banks shot up. Reserves held by commercial banks showed a bigger jump than those with the #StateBank , going up by $152 million to $5.491 billion, while the SBP’s reserves rose by $15m to…

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PEconomist

@peconomist_

1 month

SIFC has played a pivotal role in spearheading numerous initiatives geared towards fostering the country's economic progress. The following highlights significant advancements attributed to SIFC. 𝟭. 𝗔𝗣𝗠 𝗧𝗲𝗿𝗺𝗶𝗻𝗮𝗹𝘀 𝗘𝘅𝗽𝗹𝗼𝗿𝗲𝘀 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁…

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PEconomist

@peconomist_

1 month

The Plant for Pakistan Campaign, has been kicked off under Green Pakistan Initiative, by Special Investment Facilitation Council, aimed at restoring the land allocated for planting forests in the country and to promote plantation. Under the Plant for Pakistan drive, a…

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PEconomist

@peconomist_

2 months

‘Omer Ayub Statement about Engagement with ACWA Power ex KSA’ Omer Ayub recently claimed that Saudi businessmen’s investment in a solar energy project in Balochistan was disrupted following the PTI government’s ousting and formation of PDM-II government. Here is an analysis…

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PEconomist

@peconomist_

1 month

Special Investment Facilitation Council (SIFC) has achieved another major milestone in the energy sector. Mari Petroleum Company Limited (MPCL) has completed testing and drilling of third well in Ghazi area. The well will be put into production as planned after completion of…

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PEconomist

@peconomist_

2 months

‘Milestone in regional connectivity’ Pakistan exports citrus to #Dagestan bypassing #Afghanistan , marking the first-ever road consignment carried by #NLC . @PakinRussia #Trade #Russia #Iran #RRvRCB #런쥔이왔당

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@peconomist_

21 days

𝗚𝗼𝘃𝗲𝗿𝗻𝗺𝗲𝗻𝘁’𝘀 𝗠𝗲𝗮𝘀𝘂𝗿𝗲𝘀 𝗳𝗼𝗿 𝗘𝗰𝗼𝗻𝗼𝗺𝗶𝗰 𝗥𝗲𝘃𝗶𝘃𝗮𝗹 - 𝗔𝗻𝘁𝗶-𝗘𝗹𝗲𝗰𝘁𝗿𝗶𝗰𝗶𝘁𝘆 𝗧𝗵𝗲𝗳𝘁 𝗖𝗮𝗺𝗽𝗮𝗶𝗴𝗻 The concerted efforts of the government and military leadership aimed at economic revival and addressing the #electricity crisis have…

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PEconomist

@peconomist_

2 months

Special Investment Facilitation Council (SIFC) has been instrumental in driving various initiatives aimed at propelling the nation's economic growth. Here are some noteworthy developments regarding SIFC-related projects: • ITCN Asia 2024: Driving Tech Investment in Pakistan…

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PEconomist

@peconomist_

2 months

‘Foreign Investment: Chinese Company To Manufacture Electric Vehicles In Pakistan’ China's leading electric vehicle manufacturer, B.Y.D, has shown interest in investing in #Pakistan in partnership with a local Mega Conglomerate to produce advanced electric vehicles in the…

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PEconomist

@peconomist_

19 days

‘SIFC Taking Steps for Promotion of Tourism in GB’ The tourism sector in #GilgitBaltistan is set for major development as the federal government, through SIFC, initiates the reconstruction of government guest houses. In collaboration with Green Tourism Private Limited, this…

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PEconomist

@peconomist_

1 month

Free Zone Agriculture Industrial Park has been inaugurated in Gwadar. The opening ceremony held at the China Business Center was attended by Chairman Gwadar Port Authority Pansad Khan Bilidi and Chairman #China Overseas Port Holding Company (COPAC). Addressing the ceremony, the…

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PEconomist

@peconomist_

1 month

Prime Minister Shehbaz Sharif informed the International Monetary Fund (IMF) Managing Director (MD) Kristalina Georgieva in a meeting, that his government was fully committed to putting Pakistan’s economy “back on track”. In a meeting on the sidelines of the #WorldEconomicForum …

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PEconomist

@peconomist_

9 months

Barrick Gold wants to invest $7billion to revive the mining project, #RekoDiq , Experts believe the project contains one of the world’s largest untapped reserves of copper and gold. 1/4

Miners’ hunt for copper takes Barrick to Pakistan’s western frontier

Reko Diq has potential to be one of world’s biggest suppliers of metal needed for energy transition

www.ft.com

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PEconomist

@peconomist_

10 months

Pak-Saudi Economic Partnership: On 21 Aug 2023, Saudi Hajj Minister Dr. Tawfiq Al-Rabiah and Pakistan signed an MOU to increase flights between the two countries, reducing travel costs. The agreement aims to improve pilgrim services and reduce costs. The Kingdom also plans to…

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PEconomist

@peconomist_

9 months

Pakistan is all set to start export of 15,000 tons of dried red chillies to China in six-to-seven weeks provided it receives detailed SOPs of phytosanitary protocols signed by both the countries 1/3 #Agriculture #Economic_Cooperation #Trade_Opportunity

Pakistan to start export of 15,000 tons of dried chillies to China

LAHORE: Pakistan is all set to start export of 15,000 tons of dried red chillies to China in six-to-seven weeks...

www.brecorder.com

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