Rashakai zone is one of the nine special economic zones to be established under the CPEC between 2017 and 2030.
Economy
The NEC approved Rs2.1 trillion national development outlay, which is higher by Rs535 billion or one-third over this year’s original budget.
Proposal to increase tax on fertiliser, import of crude oil under review
Pakistan also recently floated the country’s first green bond, amounting to $500 million.
Biden order moves authority for the ban to the Treasury Department from the Defense Department to give it stronger legal grounding.
From July 2020 to March 2021, the central bank has earned only 497 billion profit while in FY20, the SBP had earned 635.51 billion rupees profit during the same period.
As per the report, Pakistan has achieved a compliant/largely compliant rating in 31 out of 40 FATF Recommendations in Technical Compliance.
“It’s time for the government to transform Islamabad into a model city.”