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Gohar woos foreign investors

Caretaker Commerce and Interior Minister Gohar Ejaz on Wednesday said that Pakistan was poised to become a trillion-dollar economy in a decade and investors should exploit the growth potential. Addressing foreign and local investors at the Overseas Chambers of Commerce and Industry (OICCI), he urged the investors to grab the opportunity as “Pakistan is a gold mine, which is bound to go far ahea

Gohar woos foreign investors

Caretaker Commerce and Interior Minister Gohar Ejaz on Wednesday said that Pakistan was poised to become a trillion-dollar economy in a decade and investors should exploit the growth potential. Addressing foreign and local investors at the Overseas Chambers of Commerce and Industry (OICCI), he urged the investors to grab the opportunity as “Pakistan is a gold mine, which is bound to go far ahea

Revenue collection jumps 25pc in January

Tax collection by the Federal Board of Revenue (FBR) fell short of the target by almost Rs9 billion in January mainly due to lower collection in domestic taxes and customs duty, provisional figures showed on Wednesday. The revenue collection in January stood at Rs681bn against a projected target of Rs689.6bn. It increased by 24.95pc when compared with Rs545bn in the corresponding month last yea

Revenue collection jumps 25pc in January

Tax collection by the Federal Board of Revenue (FBR) fell short of the target by almost Rs9 billion in January mainly due to lower collection in domestic taxes and customs duty, provisional figures showed on Wednesday. The revenue collection in January stood at Rs681bn against a projected target of Rs689.6bn. It increased by 24.95pc when compared with Rs545bn in the corresponding month last yea

Inflation, surging expenditures persist: MoF

While painting an otherwise rosy economic picture at the fag-end of its rule, the caretaker government on Wednesday conceded the persisting inflationary trends and rising pressures on current expenditure mainly due to the policies of the government and the State Bank of Pakistan, respectively, continue to remain critical challenges, needing prudent policies of the next government to strengthen eco