Alleges kickbacks in postings, transfers; minister opposes capacity payments
The finance minister briefs Chinese minister of finance on Pakistan’s “efforts to introduce tax and energy reforms in the system”.
Infrastructure and lack of digitalisation key challenges.
Pakistan’s exports to the Middle East rose 35.23pc to $3.155bn between July-June FY24 compared to $2.33bn.
The need to raise $24bn for external debt servicing in FY25 has created problems for economic managers.
Some market experts believe that thriving CKD imports by the local assemblers were also due to the low localisation of parts in locally assembled vehicles.
LONDON: Oil prices settled higher on Thursday after strong US economic data stoked expectations for higher crude...
Analyst says investor concerns about a settlement of $15 billion due to Chinese IPPs, a surging power tariff and political noise over banning opposition led to a bearish close.