Government of Pakistan Started to Control the Food Price Hike
The government of Pakistan intends to control the rise in food prices. The announcement was made by PM Imran Khan in his recent tweet.
Economy
Dr. Arif Alvi Stress to Build Strong Relations with Nigeria
Dr. Arif Alvi, President of Pakistan is of the view to build strong trade, economic, and defense relations with Nigeria.
Pakistan’s Economy to Witness a Growth of Just 0.5% in 2020
The World Bank is critically looking at Pakistan’s economy. The bank analyzed growth in the economy of just 0.5% in the current fiscal year.
Dr. Arif Alvi Focusing on Understanding the Values of Trade Routes of Pakistan
Dr. Arif Alvi is of high vision when it comes to CPEC and Gwadar Port. He is of the opinion that Gwadar Port acts as a key trade route for Central Asia.
Pakistani Rupee Further Strengthened by 18 Paisa Against USD
State Bank declared that the Pakistani rupee has further strengthened against the USD today by 18 paisas and closed at PK 164.32.
Federal Government Requests Sindh Government to Cut-off Import Taxes
The federal government requests to cutt off import taxes on the import wheat and sugar from the Sindh government.
Cement Industry in Pakistan Witnessed September as the Best Month of 2020
The cement industry in Pakistan sold 5.27 million tons in September and claimed to find the month as the best of 2020 for the industry.
Federal Government Plans to Increase Tax Revenue by 25% – While Tax-to-GDP Remained Low
The federal government plans to increase tax revenue for the FY 2020-21. The government intends to increase revenue by 25%.
Wheat Import Summary Approved by the Government of Pakistan
The wheat import by Pakistan from Russia is suspected to be 180,000 metric tons. The summary was approved by ECC on the GTG basis.
Al-Arabia Sugar Mills Pays PKR 261 Million to Cane Growers
A big step by the Cane Commissioner Punjab recently made Al-Arabia Sugar Mills Limited to payback PKR 261 million to the farmers.