- 28 April, 2024
Economy
Pakistan to Develop Trade Ties With Neighbors and Promote Foreign Investment
Advisor on Finance Shaukat Fayaz Tarin and Advisor on Commerce Abdul Razzak Dawood called on Prime Minister Imran Khan today (Thursday). Advisor on Finance briefed the Prime Minister on the overall economic situation.The commerce advisor briefed the Pr…
Pakistan Secures Multi-million Dollar Murabaha Financing for Petroleum Imports
Pakistan has arranged $761.5 million in Murabaha financing from the International Islamic Trade Finance Corporation (ITFC) to import petroleum products on deferred payment.The development was announced in a series of tweets by Economics Affairs Divisio…
Pakistan’s Cotton Production Almost Doubles Due to Timely Rains
Pakistan’s cotton output has soared up to 6.2 million bales in the current season (June-Nov), a surge of 81 percent compared to the same period last year, owing to timely rains and better incentives to the farmers.According to Pakistan Cotton Ginners’ …
Pakistan Railway in Negotiation With China for Another Loan Under CPEC
Pakistan Railways on Wednesday revealed that negotiation for a Chinese loan for the ML-I project under the China Pakistan Economic Corridor (CPEC) is in progress and the tentative date for the groundbreaking of package-I of the project would be July 20…
NPMC Expresses Concerns Over Exorbitant Wheat & Sugar Prices in Sindh
The National Price Monitoring Committee (NPMC) has expressed deep concerns over a significant price differential in the key commodities, namely wheat flour and sugar, in different provinces including Sindh.The NPMC meeting was held on Wednesday with Ad…
Pakistan and Bulgaria to Collaborate for Establishing Linkages Between IT Firms
The Embassy of Pakistan in Bulgaria, in collaboration with the Ministry of Information Technology and Telecommunication of Pakistan and the Ministry of Transport, Information Technology and Communications of Bulgaria, organized an Online IT Forum meeti…