The facility is expected to provide relief in oil and gas import bill and ease pressure on foreign exchange reserves.
Economy
Tarin says action will be taken against those who ignore FBR’s notices.
Finance minister says budget 2021-22 to be implemented from July 1.
FBR will not be allowed to harass or intimidate taxpayers, he says.
This is the first of its kind facility extended to the Telecom sector in terms of the amount and tenor.
Since May 2021, Bitcoin and Ethereum have lost more than one trillion dollars market capitalization. Many investors are waiting for Bitcoin to crash below $30K price to start fresh buying.
Council of Common Interests has unanimously approved the National Electricity Policy 2021.
There is a need of value addition to fetch higher rates from the international market.
Pakistan’s food import bill grew by 53.98 per cent to $7.550 billion year-on-year during the 11 months of the current fiscal year in total import of $50.039bn.
WB Project is to upgrade water supply and sanitation infrastructure and services for sustainable access to drinking water and safe wastewater management.