Economic and Finance News
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Finance minister sees 4.6 percent GDP growth this fiscal year
ISLAMABAD (November 01 2002) : Finance Minister Shaukat Aziz has said that Pakistan would achieve 4.6 percent GDP growth during…
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Export refinance rate for November stays unchanged
KARACHI (November 01 2002) : The State Bank of Pakistan (SBP) said that the refinance rate for exporters for the…
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Gas prices increased; Cement industry saved
ISLAMABAD (October 31 2002) : The government has increased gas prices from October 25, by 1.63 percent, applicable equally to…
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Issuance of duplicate three-year FEBC, FCBC allowed
KARACHI (October 31 2002) : The Federal Government has allowed the issuance of duplicate Foreign Exchange Bearer Certificates (FEBC) and…
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KESC Privatisation Delayed
ISLAMABAD (October 31 2002) : The Privatisation Commission has delayed the sale of 74 percent stake in Karachi Electric Supply…
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PTCL Profits up by 18 percent
KARACHI (October 31 2002) : Pakistan Telecommunication Limited profit for the first quarter ended Sept 30, 2002, posted an increase…
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Pakistan State Oil profit up 176 percent
KARACHI (October 29 2002) : Pakistan State Oil's profit in three months up to September 30, 2002, recorded a tremendous…
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Muslim Commercial Bank's profit rises by 84 percent
KARACHI (October 29 2002) : The Muslim Commercial Bank's profit rose 84 percent in quarter ended September 30, 2002, compared…
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SECP develops rules for issue of commercial paper
ISLAMABAD (October 29 2002) : The Securities and Exchange Commission of Pakistan (SECP) has developed and issued “Guidelines for the…
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KSE index recorded 29.5 percent rise in 2001-2002
KARACHI (October 29 2002) : The Karachi Stock Exchange (KSE) witnessed a decrease in outflow in foreign portfolio investment in…
