Tag: job creation
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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’s trade deficit shrinks by over 30% in November
In the initial five months of the fiscal year 2024, Pakistan’s trade performance has witnessed notable enhancements, marking a positive stride towards economic stability, as articulated by Dr Gohar Ejaz, the Federal Minister for Commerce and Industries, in a communication on X (formerly Twitter).
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Pakistan to receive $1.5 billion from international lenders following IMF approval
Pakistan is poised to secure funds amounting to $1.5 billion from global lenders, contingent on the approval of the loan tranche under the $3 billion Stand-By Arrangement (SBA) by the International Monetary Fund (IMF), as highlighted by Dr Shamshad Akhtar, the caretaker finance minister, in a recent interview with a local news channel.
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Saudi prince aims to create over 1,000 jobs with $100 million tech house investment in Pakistan
A Saudi tech company owned by Prince Fahad bin Mansour Al-Saud has announced the launch of a Saudi-Pakistan Tech House in Islamabad on Monday. The initiative was first announced by the prince in January at Pakistan’s largest tech event, Future Fest 2023, and aims to forge partnerships with information technology (IT) companies and enterprises in…