Pakistan
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‘Pakistan needs to reorient Board of Investment to attract foreign companies’
The Imran Khan Government’s intent to enhance Pakistan’s ease of doing business ranking is a step in the right direction but Islamabad needs a radical reorientation in facilitating foreign investment, a Pakistani-American investor says. “First of...July 1, 2019 1034 0 -
A poet’s anguish: ‘They are taking them away’
sullen shine the stars the moon in agony aloof so still stand the palm trees the seasons are bearing my dreams away sanity suspended while all the dark horrors of the mind uncoil slowly snakely settle...June 2, 2019 708 0 -
India stops importing Iranian oil; Iran warms up to Pakistan
Faced with pressure over compliance of U.S. sanctions against Tehran, India has stopped buying Iranian oil – a move that may have diminishing strategic returns for New Delhi. The United States had given a six-month waiver...May 26, 2019 865 0 -
Why Pakistan must begin economic recovery with support for entrepreneurship
Pakistan’s National University of Science and Technology Campus, Credit: Knowfahad /Wikimedia Commons When rideshare giant Uber acquired Careem for $3.1billion in March, it marked a celebration of a Pakistani co-founder Mudassir Sheikha and his colleague’s entrepreneurship...May 26, 2019 1025 0 -
IMF to support Pakistan with $6 billion package over three years
Following extensive deliberations, the International Monetary Fund and Pakistan have agreed on a 39-month Extended Fund Arrangement (EFF) under which the Fund will loan Pakistan $6 billion. The bailout package is subject to IMF management approval....May 12, 2019 877 0 -
Why Richard Lugar’s argument on enduring US-Pakistan ties holds relevance
The U.S.-Pakistan relations have gone through several ups and downs since 2012 – the year until when Senator Richard Lugar, who passed away on Sunday, was a leading voice on foreign policy discussions on the Hill....April 30, 2019 1167 0 -
Pakistani-Americans remain a big source of remittances with a 23.58% boost this year
The remittances sent by Pakistani-Americans jumped 23.58 percent to $2.516 billion during the first nine months of the 2019 fiscal year. The State Bank of Pakistan data shows that overseas Pakistanis sent $15.096 billion in the...April 17, 2019 737 0 -
IMF deal almost agreed in principle – Asad Umar
Finance Minister Asad Umar said Pakistan and International Monetary Fund have almost reached a deal in principle on a bailout package as Islamabad strives for a fix to the balance of payment crisis amid ballooning trade...April 12, 2019 1123 1 -
Imran Khan: Pakistan sees no more use for militant groups it once created
Prime Minister Imran Khan Tuesday Pakistan sees no use for militant groups that it created during the U.S.-backed fight against Soviet occupation of Afghanistan. “We will not allow armed militias to operate anymore,’’ he told representatives...April 9, 2019 802 0 -
‘Pakistan needs to attract more investments for higher economic growth’
A leading entrepreneur and founder of Pakistani American Leadership Center, Mossadaq Chughtai has said Pakistan needs uninterrupted inflow of foreign investment in order to achieve sustainable high growth and improve the quality of life. He noted that the...March 24, 2019 1055 0
