PIDE study advocates growth-oriented focus to ensure sustainability
Pakistan Institute of Development Economics (PIDE) in its recent research study has highlighted the importance of focusing on growth with special focus on investment, productivity and exports. According to the ‘One Year Growth Strategy for Pakistan’ launched to mark country’s 75th anniversary of independence says that historically the country had been focusing on taxation, not…
PM for urgent operationalization of transit, preferential trade agreements with Uzbekistan
Prime Minister Shehbaz Sharif on Monday stressed the need to urgently operationalize the Transit Trade Agreement and Preferential Trade Agreement with Uzbekistan in order to fully unlock the immense bilateral economic potential. The prime minister, in a meeting with Ambassador of Uzbekistan Oybek Usmanov, who paid a courtesy call on him, reiterated Pakistan’s commitment to…
PM, Saudi crown prince express resolve to strengthen bilateral ties
Prime Minister Shehbaz Sharif and Saudi Arabia’s Crown Prince, Deputy Prime Minister and Defence Minister Prince Mohammed bin Salman bin Abdulaziz Al-Saud on Monday expressed the resolve to further strengthening the strong, longstanding Pakistan-Saudi Arabia fraternal ties. The two leaders in a telephonic conversation also exchanged views on issues of mutual interest, the PM Office…
PM forms committee to resolve problems of foreign investment companies
Prime Minister Shehbaz Sharif on Monday constituted a committee to resolve the problems faced by the foreign investment companies, particularly related to Gwadar Free Zone. The committee will submit a comprehensive report along with recommendations to the prime minister within 10 days. Chairing a high-level meeting on investment, Prime Minister Sharif said the Chinese investment…
Platinum Azadi celebrations at Faysal Bank Limited
Faysal Bank Limited organized a heartwarming ceremony for flag hoisting on August 14th, 2022 to mark the 75th anniversary of Pakistan, at their iconic Abdullah Haroon Road branch. Celebrations of the 75th anniversary required a platinum edge, therefore FBL decided to showcase Pakistan’s inclusivity by inviting the Special Olympic athletes to grace the occasion. Athletes…
Italy-Pakistan bilateral trade potential €4 billion: Italian Ambassador
Ambassador of Italy to Pakistan Andreas Ferrarese, on Friday, said that Italy and Pakistan have a potential of €4 billion bilateral trade and it’s perfectly doable with collective efforts of both governments and private sectors collaboration. Talking to the Pakistan Italy Alumni Network, Ambassador said this year trade had exponentially risen and can reach around…
CDNS, CDC join hands for the issuance of digital Savings Certificates
Central Directorate of National Savings (CDNS) and Central Depository Company of Pakistan Limited (CDC) Friday signed a Memorandum of Understanding for mutually collaborating to convert and issue National Savings Certificates (NSCs) in digital form to reduce physical process flows of different transactions and develop a systematic framework through which NSCs can be inducted into the…
TPL Trakker Wins Two Brand of the Year Awards
For outstanding performance in the categories of Fleet Management and Digital Mapping Solutions The Brands of the Year Award is hailed as one of the most eminent and trustworthy brand awards in the industry based on the current year’s market standing and consumer preferences. TPL Trakker received two prestigious awards at the BoYA ceremony recently…
Macro economic stability forthcoming with IMF programme resuming before end of August: Finance Minister
Federal Minister for Finance & Revenue, Dr. Miftah Ismail Tuesday clarified that, “Macro economic stability was forthcoming with the IMF programme resuming before end of August as all conditionalities had been met. Furthermore, the balance of payments position is now well under control. With increased hydel power, lower energy demand and lower oil prices, Pakistan…
Mobilink Microfinance Bank, CBA partner to promote access to digital financial solutions for underserved segments
Pakistan’s largest digital bank, Mobilink Microfinance Bank Limited (MMBL), and CBA, a leading digital distribution platform working to promote micro-entrepreneurship in Pakistan, have joined hands to increase peoples’ access to premium digital financial services across the nation. This partnership will strengthen access to financial products and services through digital platforms and improve financial literacy. Chief…