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Asif Shahzad

Watched by IMF, Pakistan targets steep rise in tax revenue

11 Jun 2019

ISLAMABAD Pakistan's government targeted a sharp hike in tax revenues on Tuesday as it presented plans for next year's budget, amid shouts and protests from opponents in parliament angry at measures set under pressure for an IMF loan agreement.

Former Pakistani president Zardari arrested on corruption charges

10 Jun 2019

ISLAMABAD Former Pakistani President Asif Ali Zardari was arrested on corruption charges on Monday in a blow to the opposition Pakistan Peoples Party over what media said was an investigation into false bank accounts and money laundering.

Pakistan cabinet approves flat tax on cigarettes, soft drinks

10 Jun 2019

ISLAMABAD Pakistan's cabinet has approved a flat tax on all cigarette packets and soft drinks to try to plug a gaping budget deficit and discourage tobacco consumption, a document seen by Reuters said.

Pakistan cabinet approves flat tax on cigarettes, soft drinks

10 Jun 2019

ISLAMABAD, June 10 Pakistan's cabinet has approved a flat tax on all cigarette packets and soft drinks to try to plug a gaping budget deficit and discourage tobacco consumption, a document seen by Reuters said.

Pakistan sees business boost in British Airways flights resumption

03 Jun 2019

ISLAMABAD Pakistan welcomed the first British Airways (BA) flight on Monday after a decade-long absence due to security fears, with ministers saying it will boost business, trade and tourism between the South Asian nation and Britain.

Pakistan sees business boost in British Airways flights resumption

03 Jun 2019

ISLAMABAD, June 3 Pakistan welcomed the first British Airways (BA) flight on Monday after a decade-long absence due to security fears, with ministers saying it will boost business, trade and tourism between the South Asian nation and Britain.

Pakistan approves 20-billion rupee fund to support stock market

30 May 2019

ISLAMABAD Pakistan on Thursday approved a 20-billion rupee ($134 million) fund to help boost its stock market after big losses over the past two years, the finance ministry said.

REFILE-Pakistan approves 20-billion rupee fund to support stock market

30 May 2019

ISLAMABAD, May 30 Pakistan on Thursday approved a 20-billion rupee ($134 million) fund to help boost its stock market after big losses over the past two years, the finance ministry said.

Pakistan sets 4% GDP growth target for 2020 ahead of austerity budget

29 May 2019

ISLAMABAD Prime Minister Imran Khan said on Wednesday Pakistan faced "unprecedented economic crisis" as his government forecast growth of 4% for next year ahead of an austerity budget aimed at securing a $6 billion loan from the International Monetary Fund.

Pakistan sets 4% GDP growth target for 2020 ahead of austerity budget

29 May 2019

ISLAMABAD, May 29 Prime Minister Imran Khan said on Wednesday Pakistan faced "unprecedented economic crisis" as his government forecast growth of 4% for next year ahead of an austerity budget aimed at securing a $6 billion loan from the International Monetary Fund.

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