Petrol, diesel price hike decided – Business & Economy

Ex-depot prices of petrol and high-speed diesel are likely to decrease by Rs 8.3 paise per liter due to drop in oil prices in the global market. The report of Business Recorder states that according to an estimate, in the review of the prices of petroleum products by the federal government for May 1 to … Read more

Washington: A new agreement will be signed with the IMF soon, Federal Minister of Finance – Business & Economy

Federal Finance Minister Muhammad Aurangzeb has met the delegation of Pakistan America Business Council in Washington. While speaking to the American think tank Atlantic Council, the Finance Minister said that Pakistan has successfully completed the IMF programme, and there is hope that a new agreement will be signed soon. In the meeting with the delegation … Read more

Work on Pak-Iran Gas Pipeline Project Begins Ahead of Iranian President’s Visit to Pakistan – Business & Economy

Iranian President Ibrahim Raisi will visit Pakistan on April 22. The Ministry of Energy has started work on the Pak-Iran gas pipeline project. According to the Business Recorder report, the concerned authorities have started work to connect the 80 km long pipeline from Gwadar to the pipeline in Iranian territory. The Pak-Iran Gas Pipeline project … Read more

ADB’s outlook report vindicates government’s sound economic policies – Business & Economy

Federal Minister for Economic Affairs Ahad Cheema termed the Asian Development Outlook report of the Asian Development Bank (ADB) as an endorsement of the correct economic policies of the government and said that the government is determined to follow the recommendations of the ADB. In one of his statements, Federal Minister for Economic Affairs Ahmed … Read more

Preparation of action against tax defaulters complete, 10 years data of traders collected – Business & Economy

Lahore: Federal Board of Revenue (FBR) has completed the preparation of action against tax defaulters. Data of 10 years of traders has been collected. Stays taken from courts will also be expunged. According to sources, tax defaulting traders and industrialists will receive final notices within a few days. Thousands while the annual income is in … Read more

The Cuban Government sends rice and milk to quell the protests, but discontent continues

“Those supposed trucks that arrived do not mean that they are going to start selling rice, sugar or milk to the population. They are only now distributing the rice and sugar of the month that has not arrived, the milk of the children that they have not given,” says a Cuban resident in Santiago de … Read more