Tag: Pakistan’s economy

ACT Alliance for action against tax evasion, smuggling

ISLAMABAD, Apr 16 (APP): The ACT Alliance, comprising 17 civil society organizations, on Tuesday urged the authorities concern to take concrete measures against tax evasion and smuggling which were badly impacting the national economy. In this regard, a meeting was convened by the ACT Alliance (Action and Counter Illicit Trade), during which the ACT Alliance’s… Continue reading ACT Alliance for action against tax evasion, smuggling

ADB’s report validates correct economic policies: Ahad Cheema

ISLAMABAD, Apr 12 (APP): Federal Minister for Economic Affairs, Ahad Cheema here on Friday termed the Asian Development Outlook (ADO) report for April 2024 as a validation of the government’s correct economic policies. “The ADO from the Asian Development Bank is a strong endorsement of the government’s correct economic policies,” said the minister according to… Continue reading ADB’s report validates correct economic policies: Ahad Cheema

USAID Investment Promotion Activity (IPA) to strengthen Pakistan’s economy

SIALKOT, Feb 23 (APP): Chairman Pakistan Sports Goods Manufacturers and Exporters Association (PSGMEA) Arshad Latif Butt chaired an awareness session about USAID Investment Promotion Activity (IPA) held here on Friday at PSGMEA Auditorium Sialkot. Addressing the participants, Chairman PSGMEA Arshad Latif Butt said that the main objective of the meeting was to inform the members… Continue reading USAID Investment Promotion Activity (IPA) to strengthen Pakistan’s economy

Currently rice export third largest sector in country’s economy: REAP leaders

ISLAMABAD, Dec 05 (APP):Rice Export Association of Pakistan (REAP) on Tuesday said that rice export is currently the third largest sector in the country’s economy, which should be given the status of an industry. According to the rice exporter organization, REAPs leaders, Pakistan has an export potential of rice worth $4.5 billion, which can be… Continue reading Currently rice export third largest sector in country’s economy: REAP leaders

Domestic circulation key to economic recovery in Pakistan: Cheng Xizhong

BEIJING, Jan 19 (APP):In the past year, Pakistan’s economy was hit hard by the pandemic, the locust disaster and natural disasters such as floods. However, with the help of friendly countries, the government and people of Pakistan have overcome one difficulty after another by making scientific decisions, gathering the strength of the whole nation, taking… Continue reading Domestic circulation key to economic recovery in Pakistan: Cheng Xizhong

Pakistan’s economy improving despite negative impacts of COVID: Hammad

ISLAMABAD, Dec 19 (APP):Minister for Industries and Production Hammad Azhar Saturday said that Pakistan’s economy was moving up on the positive trajectory despite negative impacts of COVID-19 on the world economy. “Due COVID-19, the world’s economy is shrinking but Pakistan’s economy is showing positive growth,” he said in his tweet. عالمی ادارہ صحت اور وڑلڈ… Continue reading Pakistan’s economy improving despite negative impacts of COVID: Hammad

Shaikh honours farmers for contributing in economic growth

ISLAMABAD, Dec 19 (APP):Federal Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh on Saturday honoured the contributions of farmers, who he said were playing an important role in helping Pakistan’s economy to grow. In a tweet on Kissan Day, the minister said that it was government’s vision to support farmers and enhance the agriculture… Continue reading Shaikh honours farmers for contributing in economic growth

CPEC laid sound foundation for modernization of Pakistan’s economy: Ambassador Haque

BEIJING, Dec 3 (APP):China-Pakistan Economic Corridor (CPEC), as one of its most prominent and successful flagship projects of the Belt and Road Initiative, has laid a sound foundation for modernization of Pakistan’s economy, said Pakistan Ambassador to China, Moin ul Haque. “In the next phase, the convergence of traditional and digital infrastructure would be essential… Continue reading CPEC laid sound foundation for modernization of Pakistan’s economy: Ambassador Haque

Moody’s confirmation of B3 rating with stable outlook an encouraging sign: Hammad

ISLAMABAD, Aug 08 (APP): Federal Minister of Industries and Production, Hammad Azhar said here Saturday that Moody’s confirmation of Pakistan’s B3 rating with stable outlook during pandemic was an encouraging sign. In a tweet, the federal minister said that the country’s rating was downgraded to B3 negative in June 2018 based on data/policies of Pakistan… Continue reading Moody’s confirmation of B3 rating with stable outlook an encouraging sign: Hammad

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