Economy

PAJCCI Efforts Yield Result as Afghanistan Decreases Tariff on Pakistani Citrus

The Afghan administration has revised the tariff on Pakistani citrus, giving relief to the fruits traders from the two countries.The tariff has declined from Rs. 33 per kilogram (kg) to Rs. 10 per kg.The development has taken place as a result of relen…

Economy

Transparency Int’l Requests Sindh Govt to Examine Allegations of Misappropriation in Karachi’s K-IV Project

Transparency International (TI) Pakistan, an anti-corruption watchdog, has urged the Government of Sindh to address the issue of an alleged loss of Rs. 136 billion in the Greater Karachi Water Supply Scheme, commonly known as the K-IV project.In a form…

Economy

Large Scale Manufacturing Grows By Modest 3.56% in July-Oct FY22

The Large Scale Manufacturing Industries (LSMI) output increased by 3.56 percent in the first four months (July-October) of the current fiscal year 2021-22 compared to the same period of last fiscal year, as almost all major manufacturing sectors poste…

Economy

ECC Approves Removal of Incremental Block Tariff in Power Sector Subsidies

The Economic Coordination Committee of the Cabinet has given approval for the removal of one slab benefit (incremental block tariff) and incorporation of revised subsidy and inter-distribution companies tariff rationalization/cross-subsidies under Reta…

Economy

Japan to Hire IT Experts From Pakistan

Human resource officials from Japan will soon visit Pakistan to hire services of Pakistani information technology (IT) experts, said Ambassador of Japan to Pakistan, Mitsuhiro Wada, on Thursday.The Japanese envoy called on Federal Minister for Informat…

Economy

Tarin Stresses Financial & Administrative Autonomy of SMEDA

Advisor to the Prime Minister on Finance and Revenue, Shaukat Tarin, stated on Thursday that the Small and Medium Enterprises Development Authority (SMEDA) needed to be financially and administratively autonomous with a greater private sector role.He m…