Tag: Pakistan Economy
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Pakistan Hikes Diesel Price by Rs11.3 per Litre for Fortnight, Petrol Unchanged
Overview: Diesel Price Hike and What Changes for Consumers Pakistan’s federal government announced a price adjustment for high-speed diesel (HSD), increasing the official retail price by Rs11.3 per litre for the next fortnight. The decision, communicated by the Ministry of Finance on a late Saturday notification, marks another cycle in the ongoing management of fuel…
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Pakistan Raises Diesel Price by Rs11.3 per Litre for Fortnight, Petrol Unchanged
Overview: A Fortnightly Increase in High-Speed Diesel The federal government has announced an Rs11.3 per litre increase in the price of high-speed diesel (HSD) for the next fortnight, while petrol prices will stay the same. The notification, issued by the Ministry of Finance on Saturday night, marks another adjustment in the country’s fuel pricing policy…
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Pakistan Announces Rs11.3 Per Litre Diesel Price Increase for Fortnight
Overview: A Temporary Diesel Price Hike The federal government of Pakistan has announced an increase of Rs11.3 per litre in the price of high-speed diesel (HSD) for the next fortnight, while petrol prices remain unchanged. The notification, issued by the Ministry of Finance on Saturday night, confirms a temporary adjustment in response to evolving market…
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Budget 2024: Relief for Salaried Class in Next Budget
Overview: A Budget Strategy Focused on Relief The government has signaled a shift in its fiscal approach by ruling out the possibility of a mini-budget this fiscal year. Prime Minister Shehbaz Sharif directed that relief should be prioritized for the salaried class, while laying groundwork for a comprehensive budget strategy for the next financial year.…
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Government Plans Relief for Salaried Class and Industries in Next Budget
Overview: A Strategic shift away from mini-budget In a decisive move, Prime Minister Shehbaz Sharif has directed policymakers to forgo any mini-budget this fiscal year. The emphasis is squarely on delivering a comprehensive budget strategy for the upcoming financial year that prioritizes relief for the salaried class and strengthens support for key industries. The approach…
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Pakistan Eyes Deeper Economic Ties with Azerbaijan Through LCCI Initiatives
Pakistan and Azerbaijan Align to Boost Bilateral Trade Pakistan is seeking to deepen its economic relationship with Azerbaijan, with the Lahore Chamber of Commerce and Industry (LCCI) playing a pivotal role in bridging business communities. In a recent meeting, Faheem ur Rehman Saigol, President of the LCCI, welcomed Samir Ahmadli, First Secretary of the Embassy…
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Sindh CM Warns Federal Govt Against NFC Cuts
Background: What is NFC and why it matters The National Finance Commission (NFC) award determines how revenue generated by the federation is distributed among Pakistan’s provinces. With the federation under fiscal pressure in recent years, debate has intensified over how to share resources, particularly for development projects, social services, and infrastructure. In Sindh, questions about…
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PM Urged to Take Immediate Steps to Stop Exit of Firms from Pakistan: ICCI Calls for Bold Economic Action
ICCI Demands Urgent Presidential-Prime Minister Action The Islamabad Chamber of Commerce and Industry (ICCI) has publicly urged the Prime Minister to implement immediate and decisive measures to curb the ongoing exodus of firms from Pakistan. In a statement backed by senior business leaders, the ICCI warned that without swift and robust policy changes, a worrying…
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Pakistan’s Economic Outlook: Bilal Azhar Kayani Engages Business Leaders on Investment Challenges
Overview: A Proactive Dialogue on Pakistan’s Investment Climate In a bid to strengthen Pakistan’s economic framework and salvage investor confidence, Bilal Azhar Kayani, the Minister of State for Finance, led a high-impact session with top representatives of the country’s business community. The interactive meeting, held in Islamabad, continues a series of engagements designed to solicit…
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Bilal Azhar Kayani Engages Leaders on Economic Challenges
Overview: A hands-on approach to Pakistan’s investment climate Bilal Azhar Kayani, the Minister of State for Finance, convened an interactive session in Islamabad as part of a broader series aimed at aligning Pakistan’s economic policy with the needs of its business community. The gathering brought together leading representatives from the country’s private sector to discuss…