Economic and Finance News
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High public debt deters investment, Pakistan must do more to reduce poverty: IMF
ISLAMABAD (November 08 2002) : The Executive Directors of IMF Board have observed that high public debt burden of Pakistan…
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Government, private sector, other stakeholders reminded of WTO obligations
KARACHI (November 07 2002) : The Consultant to the Ministry of Commerce, Dr Tariq Banauri, has reminded the government, the…
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Karachi Stock Exchange introduces new badla system from November 11
KARACHI (November 07 2002) : Karachi Stock Exchange (KSE) has introduced new procedure of COT (Badla) financing for 10 trading…
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Securities, Exchange Commission asks companies to hold AGMs within 4 months
ISLAMABAD (November 07 2002) : The Securities and Exchange Commission of Pakistan has directed all the listed, unlisted and private…
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Task Force drafts six ordinances, one amendment in HBFC Act for Riba-free economy
ISLAMABAD (November 07 2002) : The final report submitted by the Task Force on legal matters to eliminate Riba (interest)…
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Pakistan's request for $1 billion write-off on track: US under-secretary
ISLAMABAD (November 07 2002) : Alan P Larson, the US under-secretary of State for Economic and Agriculture Affairs, said that…
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Exports increase 15% in four months: Commerce minister
ISLAMABAD (November 06 2002) : Pakistan's exports have increased by 15 percent during the first four months (July-October) of the…
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Action against delinquent mutual funds planned; United Money Market Fund launched
KARACHI (November 06 2002) : The Securities Exchange Commission of Pakistan has noted several irregularities in mutual funds management and…
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Pre-bid meeting for sale of 51 percent Pakistan State Oil stake next week
ISLAMABAD (November 06 2002) : Privatisation Minister Altaf Saleem said that the pre-bid meeting for the sale of 51 percent…
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Gas pipeline agreement likely to be signed in a month
KARACHI (November 06 2002) : The presidents of Pakistan, Afghanistan and Turkmenistan are likely to sign an agreement for the…
