The business community representatives have claimed that Pakistan will soon have a 10-year extension in the GSP+ status starting from Jan 1, 2024 to December 2034, as the EU has agreed to do so. They have criticised the federal government and the Drug Regulatory Authority of Pakistan (DRAP) for allowing the import of finished products from China and India which is disastrous for the local pharm
The share of people paying for healthcare expenses on their own, or out of pocket (OOP) made up 52.8 percent of the total health expenditure in 2019-20, up slightly went from 51.7pc in 2017-18, the National Health Account estimates released on Monday indicated. Moreover, people spent more than the government on healthcare, around Rs775.412 billion, as against Rs468.228bn spent by the federal, p
As Russia became India’s top oil supplier last month, the US State Department said on Monday that the United States “does not currently have” sanctions on Russian energy exports to other countries. The Indian media reported earlier in the day that Russia had surpassed traditional sellers Saudi Arabia and Iraq in exporting oil to India. The report noted that India remained non-committal on a
The government is grappling with the issue of collecting additional revenues to make up for declining tax collections amid the slowing national economy so that the International Monetary Fund (IMF) could be brought to the table for the completion of the 9th review under the ongoing extended fund facility (EFF) and ensure foreign exchange inflows from other multilateral lenders as well. Finance
Trading on the stock market commenced in the outgoing week on a positive note and the momentum continued throughout the week, thanks to the premier’s visit to China. Arif Habib Ltd said another reason for the bullish trend was the country’s trade deficit narrowing down by 26.59 per cent to $11.47 billion in the first four months of the current fiscal year. The rupee was slightly up against t