Dar seeks Qatari investment

Published April 12, 2016

ISLAMABAD: Finance Minister Ishaq Dar on Monday asked the Qatar Investment Authority (QIA) to avail itself of opportunities in Pakistan.

Talking to a delegation, led by Sheikh Abdulaziz Bin Ali Thani, Dar said there were various options which the QIA could follow for undertaking investment.

These include establishment of Pak-Qatar Investment Company, participation in Pakistan Infrastructure Development Fund and independent projects in other sectors.

Earlier, in a meeting with a delegation of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI) at the FBR headquarters, the finance minister said the government would continue consulting stakeholders before making policy decisions.

The FPCCI presented its tax proposals for budget 2016-17.

“The government is highly appreciative of the contribution of traders and business community towards streng­then­ing of the economy. They should promote tax culture,” the minister said.

He said the revenue growth rate rose to 19.7 per cent from a meagre 2.5-3pc in the previous regime.

Published in Dawn, April 12th, 2016

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Editorial

Rigging claims
Updated 04 May, 2024

Rigging claims

The PTI’s allegations are not new; most elections in Pakistan have been controversial, and it is almost a given that results will be challenged by the losing side.
Gaza’s wasteland
04 May, 2024

Gaza’s wasteland

SINCE the start of hostilities on Oct 7, Israel has put in ceaseless efforts to depopulate Gaza, and make the Strip...
Housing scams
04 May, 2024

Housing scams

THE story of illegal housing schemes in Punjab is the story of greed, corruption and plunder. Major players in these...
Under siege
Updated 03 May, 2024

Under siege

Whether through direct censorship, withholding advertising, harassment or violence, the press in Pakistan navigates a hazardous terrain.
Meddlesome ways
03 May, 2024

Meddlesome ways

AFTER this week’s proceedings in the so-called ‘meddling case’, it appears that the majority of judges...
Mass transit mess
03 May, 2024

Mass transit mess

THAT Karachi — one of the world’s largest megacities — does not have a mass transit system worth the name is ...