ISLAMABAD, May 28 (APP):Due to the government’s focus on certain targeted sectors such as housing, agriculture, industry, construction and exports, higher economic growth was recorded along with stabilization during the current fiscal year (2020-21), according to monthly Economic Update and Outlook for May 2021. “It is expected that in coming years the economy will have… Continue reading Focus on targeted sectors led to higher economic growth: Economic Outlook
Tag: FDI
Sino-Pak economic cooperation to promote regional, global trade integration
ISLAMABAD, May 5 (APP): Adviser to the Prime Minister on Commerce and Investment Abdul Razak Dawood said Tuesday that bilateral economic cooperation between China and Pakistan would go long way in promoting regional and global trade integration. Talking to APP here, the advisor said that both the countries had already strengthened cooperation in various fields… Continue reading Sino-Pak economic cooperation to promote regional, global trade integration
Islamabad STZ to attract $100 million Investment in next 5 years: STZA
ISLAMABAD, Apr 23 (APP):Chairman, Islamabad Special Technology Zones Authority (STZA) Amer Hashmi on Friday said that the Islamabad Special Technology Zone (STZ) would attract $ 100 million Investment in the next 5 Years to contribute to the national economy. Chairman STZS said the first Technology Park in the Islamabad STZ based on 150 acres of… Continue reading Islamabad STZ to attract $100 million Investment in next 5 years: STZA
Fiscal stimulus improves economy, strengthens recovery prospects
ISLAMABAD, Apr 14 (APP): The government’s fiscal stimulus has succeeded in improving economic as well as social outlook, strengthening the prospects of the country’s economic recovery as indicated by various indicators. “The expectations of economic recovery are strengthening on the basis of improvement in business confidence evident from industrial growth,” official sources said adding the… Continue reading Fiscal stimulus improves economy, strengthens recovery prospects
Incentives for industry to boost economy bearing fruits
Anjum Ala Rana ISLAMABAD, Feb 7 (APP): In the modern world, industry in any country provides a foundation for economic growth and well being of people. The states and the government always desire vibrant industry to avoid recessions and stand firm even during odd times. For, this goal they put in all out efforts that… Continue reading Incentives for industry to boost economy bearing fruits
NHA attracts Rs 144 bln private sector investment for road
ISLAMABAD, Jan 22 (APP): National Highway Authority (NHA), during past one year, has successfully attracted private sector investment with projects worth over Rs. 144 billion surpassing the average annual Foreign Direct Investment (FDI) in Pakistan. Besides other benefits, the expected revenue earnings from these projects would be over Rs. 391 billion, an official of NHA… Continue reading NHA attracts Rs 144 bln private sector investment for road
Dhabeji SEZ to provide 100,000 jobs, attract $1 bn FDI
ISLAMABAD, Dec 24 (APP):Dhabeji Special Economic Zone (SEZ), to be developed in Sindh province, would attract over $1 billion foreign direct investment besides providing over 100,000 direct and indirect jobs for locals. The SEZ is being developed under the framework of the China-Pakistan Economic Corridor (CPEC) for which the government of Sindh has already allocated… Continue reading Dhabeji SEZ to provide 100,000 jobs, attract $1 bn FDI
Government committed to bring optimum solace, comfort in people’s lives, says Shibli
ISLAMABAD, Dec 13 (APP):Minister for Information and Broadcasting Senator Shibli Faraz on Sunday said the government is determined to actively bring optimum solace and comfort in the lives of common man. In a series of tweets, he said, a marked recent decrease in the prices of sugar is proof of Prime Minister’s firm resolve to… Continue reading Government committed to bring optimum solace, comfort in people’s lives, says Shibli
Gov’t promoting ease of doing business with reforms in investment regime: Hafeez Shaikh
ISLAMABAD, Nov 17 (APP): Advisor to Prime Minister on Finance and Revenue, Dr. Abdul Hafeez Shaikh said Tuesday that the government was promoting ease of doing business with reforms in investment regime to further strengthen investors’ confidence. In a tweet here the advisor said that the Foreign Direct Investment (FDI) has risen by 151% to… Continue reading Gov’t promoting ease of doing business with reforms in investment regime: Hafeez Shaikh
Global foreign direct investment halved amid coronavirus pandemic: UNCTAD
UNITED NATIONS, Oct 27 (APP): Foreign direct investment (FDI), a bellwether of globalization and economic confidence, fell by 49 per cent to $399 billion in the first half of 2020, amid the upheaval caused by the coronavirus pandemic, a new report from the UN trade and development organization, UNCTAD, showed on Tuesday. FDI includes cross-border… Continue reading Global foreign direct investment halved amid coronavirus pandemic: UNCTAD