Tag: Government Initiatives
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Reduced electricity prices to spur industrial activity and improve exports: Power minister
Power Minister Sardar Awais Leghari announced on Sunday that the government’s decision to reduce electricity tariffs for industries aims to boost industrial activity and exports.
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Pakistan welcomes PayPal through strategic alliance
In a groundbreaking move for Pakistan’s burgeoning freelance community, PayPal is set to establish its presence in the country through a strategic partnership with an existing international payment gateway.
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Federal cabinet to approve FBR restructuring in upcoming meeting
In a significant development, the caretaker government has concluded the comprehensive restructuring plan for the Federal Board of Revenue (FBR).
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‘Virtual Prison Meetings’ coming to Khyber-Pakhtunkhwa
In a historic move, the Khyber-Pakhtunkhwa (K-P) government has introduced a virtual system in prisons to facilitate inmates’ meetings with their family members. It has also unveiled a transformative digital governance initiative, shifting the entire arms licensing system to an online platform. The groundbreaking initiative was announced during a comprehensive progress review meeting for the…
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ECNEC approves multi-billion rupee initiatives for education, healthcare, and infrastructure
The Executive Committee of the National Economic Council (ECNEC) recently convened to review and approve nine projects valued at Rs371.85 billion across various sectors, as detailed in a press release from the Finance Division.
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Federal secretaries to play key role in Customs Board as part of tax reform drive
The interim government is poised to establish a dedicated Customs Board as part of the ongoing reform initiative to oversee the operations of Pakistan Customs.
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FBR restructuring: 145 offices set up to add 2 million new taxpayers
In a bid to streamline operations, the Federal Board of Revenue (FBR) has set up 145 district tax offices, aiming to bring in 1.5 to 2 million new taxpayers by June 2024.
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PM Kakar calls for reduction in prices of essential items and services after petrol price cut
On Monday, Caretaker Prime Minister (PM) Anwaar ul Haq Kakar called upon the chief ministers to take decisive action in lowering the prices of essential goods and services in response to a significant reduction in fuel costs.
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PM Kakar pushes for speedy privatisation of financially troubled state-owned enterprises
Caretaker Prime Minister (PM) Anwaar-ul-Haq Kakar, in a meeting held on Monday, directed the relevant authorities to expedite the privatisation process of state-owned enterprises (SOEs) that are experiencing financial losses.
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Pakistani rupee claims top spot as best-performing currency worldwide
Amidst a determined crackdown on smuggling and illegal financial activities, the Pakistani rupee has emerged as the world’s top-performing currency for September. During this remarkable month, the rupee’s value surged from Rs305.54 against the US dollar on August 31st to Rs287.74 on September 28th, a notable increase of Rs17.8 or 6.2 per cent.