Pakistan Economy Thread

Discussion in 'Members' Club Room' started by timepass, Feb 21, 2018.

  1. Jura
    Offline

    Jura General

    Top Poster Of Month

    Joined:
    Jun 23, 2013
    Messages:
    23,080
    Likes Received:
    27,477
    now I read
    News Analysis: Pakistan's new gov't vows to strengthen economy amid major challenges
    Xinhua| 2018-09-11 19:35:16 http://www.xinhuanet.com/english/2018-09/11/c_137460972.htm

     
    Dolcevita likes this.
  2. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
  3. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    Shaolian, Dolcevita and Equation like this.
  4. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
  5. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    Dolcevita likes this.
  6. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    Pakistan is swiftly transforming into a potential investment hub for local and international investors. Here are some of the reasons Prime Minister Imran Khan highlighted as why should people invest in Pakistan, during his visit to China?
    Video by TCM

     
    Dolcevita likes this.
  7. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    Imran's govt working on policy to bring PayPal to Pakistan...

    A parliamentary panel was informed on Monday that the government would introduce PayPal and other such related online payment platforms in Pakistan.

    The Ministry of Science and Technology secretary said, “The policy related to PayPal is at the advanced stage and important development is expected in the next two weeks.”

    Published in The Express Tribune, October 8th, 2019.

    [​IMG]
     
    Dolcevita likes this.
  8. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    Pakistan draws up plan to add 74,448 MW to national grid by 2040 ....In around 20 years, 120 new power projects will be developed...

    [​IMG]
     
    Dolcevita likes this.
  9. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    UAE Plans on Investing $5 Billion in Pakistan’s Oil Sector

    The United Arab Emirates (UAE) aims to invest $5 billion in an oil refinery in Pakistan by the end of this year, said Hamad Obaid Ibrahim Salem Al-Zaabi, UAE’s ambassador to Pakistan while talking to the media.

    [​IMG]

    He stated:

    We are going to launch very soon one of the biggest investments in a refinery project in Hub. It is going to be a $5 billion investment between Mubadala Petroleum Company of Abu Dhabi, Pak Arab Refinery Limited (PARCO) and OMV [OMV Pakistan Exploration Gesellschaft].

    One of the UAE’s substantial investments in Pakistan is the PARCO Coastal Refinery, incorporated in May 1974 as a public limited company in Pakistan. At present, it plays a pivotal role in Pakistan’s strategic oil supply and logistics. While Mubadala Petroleum is a global oil and gas organization based in the UAE. The idea is to establish a deep-conversion, modern refinery that would produce 250,000-300,000 barrels per day
     
    Dolcevita likes this.
  10. timepass
    Offline

    timepass Brigadier

    Joined:
    Apr 12, 2007
    Messages:
    6,425
    Likes Received:
    10,878
    Pakistan Listed Among World’s Top 20 Reformers for Ease of Doing Business: WB....

    The World Bank has ranked Pakistan among the top 20 reformers in the world on the Ease of Doing Business.

    With continuous efforts in this direction, the country has significantly improved the business environment in the country, which is why it has been named among the top performers in the world.
    A recent report by the World Bank has mentioned a series of initiatives taken by the country towards facilitating the business community.

    It recognizes that Pakistan has improved in six areas including online tax payment system, availability of electricity, easy registration of property and issuance of construction permits, and tariff changes.

    Pakistan made starting a business easier by expanding procedures available through the online one-stop-shop. In addition to improvements in property registration, obtaining a construction permit became easier after the Sindh Building and Control Authority and the Lahore Development Authority streamlined approval workflows and improved the operational efficiency of their one-stop shops.

    The World Bank lauded the efforts of the incumbent government in this regard and said:

    It reflects the country’s development of an ambitious reform strategy including the establishment of the national secretariat and Prime Minister’s reform steering committee.

    The report also acknowledged how the integration of various agencies into one electronic platform has improved trading across the borders.

    As a result of these efforts, Pakistan’s overall ranking in the World Bank Group’s Doing Business Report 2019 has improved by 11 points from 147 to 136 out of 190 economies

    [​IMG]
     
    Dolcevita likes this.
Loading...

Share This Page