Imran Ali Kundi

  • TISLAMABAD - The federal government may approach Supreme Court to take two to three weeks extension for its tenure to approve the budget for next fiscal year from the parliament. “The government can request the Supreme Court to give extension two to three weeks to it after completing its five ...

    READMORE
  • TISLAMABAD -  Pakistan and Saudi Arabia on Wednesday agreed to initiate discussion on preferential trade agreement (PTA) by April 2018 and to remove the obstacles that hinder smooth flow of industrial products to each other’s markets. Both the sides also agreed to establish the ...

    READMORE
  • TISLAMABAD - Next round of Pakistan-China negotiations for free trade agreement (FTA) phase II are scheduled in February this year in Beijing, China. “The government is preparing for the FTA dialogue with an aim to explore huge market of China,” said an official of the ministry of ...

    READMORE
  • TISLAMABAD -  The federal government on Monday admitted plan to privatise the national flag carrier by April 15 as per the Pakistan International Airlines (PIA) Corporation Act, 1956. Federal Minister for Privatisation Daniyal Aziz at a press conference here on Monday said that government ...

    READMORE
  • TISLAMABAD - All Pakistan Textile Processing Mills Association (APTPMA) on Thursday asked the government to clear the pending sales tax refunds and ensure smooth provision of LNG to textile processing units. “The government should resolve these two issues to enhance the textile exports” ...

    READMORE
  • TISLAMABAD -  Pakistan’s trade deficit swelled to $18 billion in only six months of current fiscal year due to continuous increase in imports. The country’s trade deficit was recorded at $18 billion during six months (July to December) of the current fiscal year as compared to $14.4 ...

    READMORE
  • TISLAMABAD -  The World Bank has estimated Pakistan’s GDP growth at 5.5 percent for the ongoing fiscal year 2017-18, well below than the government’s target of 6 percent. “In Pakistan, growth is forecast to pick up to 5.5 percent in FY2017/18, and reach at an average 5.9 ...

    READMORE
  • TISLAMABAD: Pakistan’s trade deficit has swelled to $18 billion only in six months of current fiscal year due to faster growth in imports as against exports. The country’s trade deficit had recorded $18 billion during six months (July to December) of the current fiscal year as ...

    READMORE
  • TISLAMABAD - Moody's Investors Service on Tuesday said that the Pakistani rupee will likely face ongoing depreciation pressures against the US dollar after a 5 percent downward adjustment last month. Pakistani rupee on Monday touched historic level of Rs113. “If the rupee depreciates markedly ...

    READMORE