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CCP issues opinion on competition concerns in Sugar sector

BY MARYAM SHAH ISLAMABAD -: The Competition Commission of Pakistan has recommended measures to the federal and provincial governments for making the sugar industry more efficient, improve sugarcane quality, enhance and diversify production processes, and focus on export competitiveness. Taking notice of the sugarcane procurement …

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‘Chinese investors should benefit from public-private partnership’

ISLAMABAD -UNS- Deputy Chairman Senate, Senator Saleem Mandviwalla has said that Chinese investors should benefit from the investment potential in Pakistan and explore the possibilities of public private partnership for initiation of joint projects in various fields enabling enhanced bilateral ties and people to people …

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Gulf crisis escalates as major corporations are forced to take sides

By James M. Dorsey The Gulf crisis that pits a United Arab Emirates-Saudi-led alliance against Qatar is escalating in discreet but no less worrisome ways that effect major third-party commercial interests and could increase international pressure for a resolution of the dispute. In a major …

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Inflation,pay increase by 10%: Rs.5.2 trillion budget for 2018-19

ISLAMABAD -UNS- The ruling PML-N has presented a Rs5.2 trillion budget that only a government heading into elections would: with sexy funding that it hopes will nudge voters in the right direction. The government said it would lower some taxes, increase government staff salaries and …

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Finance Minister unveils budget for FY2018-19

ISLAMABAD -UNS- Minister for Finance Miftah Ismail presented budgetary proposals at the National Assembly today (Friday). The federal gross revenue receipts are estimated at 5661 billion rupees as compared to 4992 billion rupees in the outgoing year. This includes FBR s tax estimates of 4435 …

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Rs 5.5 trillion Federal Budget to be presented today

ISLAMABAD -UNS – Federal Budget for the fiscal year 2018-19 with an estimated outlay of Rs 5.5 trillion will be presented in the parliament today (Friday), with a likely increase of salary and pension og government employees by 15 percent. Advisor to Prime Minister on …

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‘GDP grew 5.8pc, inflation rate reduced to 3.8pc’: Economic survey released

BY IFTIKHAR MASHWANI ISLAMABAD – Pakistans’ growth rate remained highest at 5.79 percent in the last 13 years, while inflation rate reduced to 3.8 percent from 7.89 percent. Planning and Development Minister Ahsan Iqbal and Adviser to the Prime Minister on Finance Miftah Ismail unveiled the …

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Govt to present budget on April 27

FAISALABAD -UNS – State Minister for Finance Rana Muhammad Afzal Khan on Sunday said the PML-N government would present its fifth budget on April 27 which will not only be people-friendly but will also provide the maximum relief to the masses. Addressing a reception hosted …

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Jirga held on COAS’ instruction to resolve traders’ issues: ISPR DG

RAWALPINDI -UNS – A committee has been constituted to resolve the issues facing Waziristan traders. The committee was set up by a jirga, which was held on the instructions of Chief of Army Staff (COAS) General Qamar Javed Bajwa. Inter-Services Public Relations (ISPR) Director General …

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Report on FATF will be submitted in next few days: Miftah

WASHINGTON -UNS – Special Adviser to Prime Minister on Finance and Economic Affairs Miftah Ismail said that much work has been done on the report regarding Financial Action Task Force (FATF). In an interview to US TV, he told that the report will be submitted …

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