Stories from Ghazanfar Ali
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The week in focus
Pakistan will not be able to recover in one year, so it may allocate resources every year to gradually reduce losses.
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FBR seeks documents from oil marketing companies
FBR has sought documents related to sales and margins on petroleum products in a bid to resolve the turnover tax issue
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SBP sells Rs83b treasury bills
SBP accepted bids worth Rs83.02 billion in its auction of market treasury bills.
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American Depository Receipts to be floated
Fatima Fertiliser Company has announced plans to float American Depository Receipts.
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The week in focus
The high turnover tax is likely to deal a blow to the earnings of oil marketing companies.
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SBP announces refinance facility for agriculture
SBP will introduce credit guarantee schemes for encouraging banks to extend fresh loans in flood-hit regions.
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The week in focus
The government has indicated that it will slash 50 per cent of the development budget and give funds to flood relief.
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ADB to increase funds for regional cooperation
Asian Development Bank has set an aim of increasing allocations for regional cooperation activities to 30 per cent.
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The week in focus
Pakistan is trapped in a vicious cycle of debt and options to come out of it are few.
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Cotton fields damaged in Punjab
Flash floods have submerged cotton fields and may lead to a drop in production by one to three million bales.