economy
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PSDP process overhaul need of the hour in Pakistan
Focus must be on return on assets, cost and benefit analysis, IT for future projects
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Pakistan's rural community waits for return of locust buyers
Earlier, households earned thousands of rupees during community-based locust harvest
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Spread of COVID-19 and Pakistan's economy
To stave off shortage of commodities, govt should clamp down on profiteers
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Latest on the spread of the coronavirus around the world
With more than 274,800 people infected and 11,389 dead
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Pakistan's $300m loan rated ‘moderately unsatisfactory’ by World Bank
World Bank says Pakistan could not implement budget support aid for reforms in financial sector
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Weekly review: KSE-100 dives 15%, records biggest weekly losts since 2008
Stocks battered as fears of impact on economy of corona pandemic intensify
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Sarmaya-e-Pakistan Limited likely to meet dead end
Due to legal complications, easier alternatives are being explored
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COVID-19 lockdown to leave people jobless, businesses closed in Pakistan
Govt needs to take drastic measures to protect employment of people, safeguard industries
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SBP announces more relief for exporters
Allows six-month extension in shipment period
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World markets rally on huge economic support plans
Investors relieved by series of measures aimed at cushioning economic blow from coronavirus
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Steel producers seek duty relief on scrap import
Demand reduction in minimum turnover tax for industry, retailers
to 0.25% -
Tax refunds to be released this month, exporters told
Finance adviser assures industrialists export rebate will be given in April
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Research houses slash stock market growth forecasts
Expect the market to end calendar year at 41,000-42,000 points
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Japan may hand out cash to households in stimulus package to battle virus fallout
Japan’s ruling coalition is considering an economic package worth more than 30 trillion yen
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US Senate passes one coronavirus aid package while working on another
New package includes two rounds of direct payments to Americans, totaling $250 billion each
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ADB offers Pakistan $350m to fight virus
However, cumbersome procedures for public procurements need to be waived
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Pakistan's current account deficit narrows 71% in Jul-Feb FY20
Deficit contracts to $2.84b mainly due to significant drop in imports
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Pakistan's consumer sector earnings dip 26% in 2019
Decline comes on back of overall slowdown in economy
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Infected economy
The de facto finance minister must focus on setting up a separate fund over coronavirus.
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PTI govt envisages record Rs1tr in additional taxes
Federal cabinet approves 3% GDP growth target, inflation target set at 8.4% for FY21
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Some enlightenment from China's economic development since reform, opening up
After 40 years of rapid development, China has created an economic miracle out of poverty and prosperity
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IMF relaxes budget deficit ceiling
Lender agrees that spending on coronavirus not to be counted for budget deficit target purposes
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Gold dips Rs6,200 in one week
Precious metal closes at Rs89,000 per tola
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Significant rate cut expected in monetary policy
It will be in backdrop of low inflation outlook, coronavirus fears
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Global banks take crisis measures as virus death toll surges
With growing concerns that the world will be catapulted into a damaging recession
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A review of gas sector and prices
India is pressing Qatar to renegotiate LNG prices, which may benefit Pakistan as well
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The vicious cycle of sugar politics
Nexus between politics, sugar industry makes this sector one of the most profitable businesses
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Cheap oil, easy money but no respite from virus
Investors will anxiously watch for coordinated response to fight global health crisis
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What if we really become a good economy?
In developed economy, no quick bucks will be made and elite culture will diminish
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Govt borrowing: State Bank of Pakistan claims contradict actual numbers
SBP says Islamabad prefers short-term loans, which seems contrary to facts
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In Pakistan, tourism industry feels corona fever
Hotel booking rate dive from 95% to 40% by first week of March
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India increases fuel taxes in a bid to shore up revenue
Amid the country's weakest economic growth in over six years
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Coping with the deadly virus
All countries would need to take concrete policy steps to protect their people and limit harm to their economies
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Turkey seeks long-lasting FTA with Pakistan
Envoy insists both countries aim to raise bilateral trade to $5b annually
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PTI govt increases wheat support price to Rs1,400
PM Imran Khan also says benefit of falling oil prices to be passed on to consumers
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Pakistan's customs dept to give maximum import, export facilities
GSP adviser says 44 departments are working to thresh out viable solutions under NSW
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PTI govt orders release of Rs15b in blocked tax refunds
Parliamentarians seek reversal of 17% sales tax levied on export-oriented sector
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Bitcoin slumps as global market turmoil infects cryptocurrencies
Bitcoin slumped its lowest
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Car sales dive 44% during July-February FY20
Decline comes due to soaring auto prices, slowdown in Pakistan’s economy
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PSDP spending to remain 14% less than budget
Finance ministry reveals no room to increases salaries of govet employees before budget
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Industries may relocate to Pakistan due to covid-19
World is now likely to avoid concentration of industries in one country
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Pakistan Refinery warns of plant closure
Pakistan Refinery Limited says OMCs are importing, not lifting locally produced oil products
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PTI govt approves Rs23b subsidy for five export sectors
Relief package will provide cheap electricity to major export industries
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Taking advantage: As oil slumps, Pakistan can go for forward contracts
Deals at low crude prices will ease pressure on country’s foreign currency reserves
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FBR fails to chase 12,300 people who opted for tax amnesty
They had submitted challans but were unable to file asset declarations
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Inter-bank market: Rupee falls further against dollar
Global economy tumbling due to the coronavirus outbreak, Pakistan is also feeling the impact
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Remittances rise 5.4% to $15.13b during Jul-Feb FY20
Earnings amounted to $14.36b in the same period of previous fiscal year
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ECC likely to allow $6m investment in Saudi firm
Pakistani company is seeking to acquire 50% shares in Saudi steel unit
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Govt debt rises only 4% to Rs33tr by end-January
Debt growth slows due to stable exchange rate, better non-tax revenues
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Oxford professor dissects ills of Pakistan economy
Expert calls for re-defining governance model, end rent-seeking behaviour which serves vested interests