ECC on Friday also decided to import 200,000 tons of sugar to maintain strategic reserves and has decided to focus more on the bottom-up approach to decrease poverty with its many new initiatives announced.
Circular debt, Pakistan’s bleeding wound has been the anathema to economic progress and social alleviation for many years. With the approval of the financial setoff mechanism for government-owned entities by ECC, circular debt may decline. Should we take it with a grain of salt or is there some weight in this?
Pakistan on the right track of economic development despite global challenges. However, if the hurdles are not handled tactfully, it may hamper the stability and growth rate of the economy, experts warn.
Finance Minister Shaukat Tarin gave this order while presiding over the National Price Monitoring Committee (NPMC) on 12th July, while he expressed satisfaction over the decrease price trend for sugar in the country.
The news of exploitation of the government’s 2015 Liquefied Petroleum Gas (LPG) policy by private importers came to the surface during an emergency meeting...
The hurdles to growth in the economy such as protectionism spearheaded by trade policy are affecting the productivity. Pakistan can unlock it's growth potential by taking some key policy measures as suggested by Mr. Shahid Sattar, the executive director of APTMA. For one instance, textile exports can increase to $20 billion by 2021 but this requires one key input:
Pakistan has recently seen the launch of the country’s first-ever electric bike named JE-70. The manufacturer Jolta company has launched the bike as an...
Post Master General (PMG) Zulfiqar Husnain said that the government has made untiring efforts to get Pakistani products access to Amazon, and Pakistan Post...
The extension was essential to facilitate uninterrupted flow of transit trade between Pakistan and Afghanistan and to provide sufficient time to technical teams to...
