Government & Politics

  • Govt Allows Wheat Import to Meet Local Demand

    The government has decided to allow import of 1.50 million metric tons (mmt) wheat through Trading Corporation of Pakistan (TCP). A summary has been moved to the Economic Coordination Committee (ECC) of cabinet by the Ministry of National Food Security and Research (MNFS&R). In its meeting held on July 15, 2020, the ECC had allowed…

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  • SECP Orders All LLPs to Submit Details of Beneficial Owners

    The Securities and Exchange Commission of Pakistan (SECP) has directed all Limited Liability Partnerships (LLPs) to submit information about their ultimate beneficial owners to identify persons who actually own the company. The SECP issued S.R.O. 864 (I)/2020 for draft amendments in the Limited Liability Partnership Regulations, 2018 here on Monday. These amendments, issued in line…

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  • Balochistan Govt initiates multiple agro projects

    The Government of Balochistan has initiated work on multiple agro projects with the aim to enhance the production in the province through modern technologies. Talking to APP, an official of the Balochistan government said that the government started training programmes for farmers and landowners of the province on modern farming methods. He said around 27…

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  • KP provides better environment for investment: Yousafzai

    Khyber Pakhtunkhwa Minister for Labour and Culture, Shaukat Ali Yousafzai says minimum monthly wage of 17,500 rupees, as fixed by the government for labourers, would be ensured in any circumstances. Addressing a ceremony of in Haripur on Sunday, he ruled out any compromise on the standard of education in Focus Grammar Schools established for imparting…

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  • Rs5000 billion debts repaid during last 2 years: Hafeez

    Advisor on Finance Abdul Hafeez Shaikh says the government has repaid five thousand billion rupees debt during the last two years. Addressing a ceremony in Karachi on Saturday, he said the government had to take tough decisions to restore the economy affected by Coronavirus pandemic. He said efforts are being made to provide investment friendly…

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  • Prime Minister Inaugurates Roshan Digital Accounts

    Prime Minister Imran Khan inaugurated the Roshan Digital Account in a ceremony in Islamabad. The Roshan Digital Account is a new initiative of the State Bank of Pakistan (SBP) in partnership with major banks in Pakistan. The Roshan Digital Account is for non-resident Pakistanis (NRPs). Through this account, NRPs will be fully integrated with Pakistan’s…

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  • Pakistan invites German companies to invest in different sectors

    Pakistan has invited German companies to invest in different sectors, including Agriculture, Information Technologies, Tourism and Renewable Energy. The invitation was given by Foreign Secretary Suhail Mahmood while representing Pakistan at the 5th session of Pakistan-Germany Strategic Dialogue via video conference. The Foreign Secretary briefed on the economic development and investment opportunities in Pakistan, including…

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September 2020

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