Daily Archives: October 8, 2020

World Bank Cuts Pakistan’s GDP Growth Rate for FY21 to Just 0.5%

External financing could be compounded by difficulties, for Pakistan, in rolling-over bilateral debt from non-traditional donors and tighter international financing conditions, given the “anemic” economic outlook of Pakistan, with a growth rate of just 0.5% in the current fiscal year, as per the World Bank’s biannual flagship report “the South Asia Economic Focus”, released on

Economic Indicators Showing Positive Growth: Shibli

Federal Minister for Information and Broadcasting Senator Syed Shibli Faraz said that all the economic indicators were showing positive growth which manifested the fact that the present government had put the economy in the right direction. Speaking at the Meet the Editors program at the Secretariat of the Council of Pakistan Newspaper Editors (CPNE), he

Govt focusing to increase trade volume with other countries: FM

Foreign Minister Shah Mahmood Qureshi says the government is focusing on increasing export and trade volume with other countries for strengthening our economy. Addressing the second high level meeting regarding economic diplomacy at Foreign Office in Islamabad today (Thursday), he said the government has initiated this diplomacy to promote the economic and trade relations of

Govt providing many facilities to investors under EoDB: FM

Foreign Minister Shah Mahmood Qureshi says under Ease of Doing Business policy, our government is providing many facilities to investors to expand their business. He was talking to Managing Director Metro Pakistan Marek Minkiewicz, Director Corporate Affairs Metro Pakistan, Pervez Akhtar and Jalaluddin Rumi Mehmood Group Multan who called on him in Islamabad today (Thursday).

Providing facilities to business community, prime objective of govt: PM

Prime Minister Imran Khan says the government is working on elimination of unnecessary regulations and improving tax system to facilitate the business community. Talking to a delegation of leading industrialists of the country in Islamabad today (Thursday), he said a series of meetings with the business community will be held so that the process of

Problems of poultry farmers will be resolved on priority basis: Aslam Iqbal

Punjab Minister for Industries and Commerce Mian Aslam Iqbal said all possible assistance would be provided to the poultry farmers for providing cheap protein to the people. He expressed these views while meeting with Punjab Broiler Farmers Association delegation in Lahore. He said the problems of poultry farmers would be resolved on priority basis. The