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FPCCI President for subsidy on agri-products KARACHI: President FPCCI, Zakaria Usman, expressed his serious concern over the issue of food security and urged the Government to provide subsidy on agricultural products related to food security to compete in the international market.In a letter to Federal Minister for Commerce, Engr. Khurram Dastagir Khan, President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Zakaria Usman suggested that the government can provide subsidy on those agricultural products which are concerned with the global food security issue. Food processing industry, dairy products, agricultural equipment and machinery may be included in those products. The supply of energy and other utilities may be subsidised for food processing and agriculture industry.According to FPCCI release here on Friday, the FPCCI Chief mentioned that due to its importance, this global issue was discussed in WTO 9th Ministerial Conference held in December 2013 at Bali, Indonesia. But it could not come with a definite solution ...

FBR extends date for payment of ST,FED and filing of tax returns ISLAMABAD: The Federal Board of Revenue (FBR) has extended the date for payment of Sales Tax, Federal Excise Duty and filing of Sales Tax/Federal Excise Returns for the tax period July 2014 for all registered persons upto August 27.A notification of the FBR issued here on Friday said. Copyright APP (Associated Press of Pakistan), 2014 ...
Weekly Inflation decrease 0.33pc ISLAMABAD: The Sensitive Price Indicator (SPI) for the week ended on August 22 for the lowest income group up to Rs. 8,000 registered decrease of 0.33 percent as compared to the previous week.The SPI for the week under review in the above mentioned group was recorded at 208.52 points against 209.20 points registered in the previous week, according to data of Pakistan Bureau of Statistics (PBS).The weekly SPI has been computed with base 2007-2008=100, covering ...
Pakistan loses heavily due to non branding of its products KARACHI: Pakistan is losing millions of dollars due to non-branding and non-registration of many of its products consequently leading to non-appropriated prices in the international market.This anomaly is largely benefiting the competitive countries fetching much high rates for similar branded and registered products exported by Pakistan, said President Federation of Pakistan Chambers of Commerce & Industry (FPCCI), Zakaria Usman.Addressing a meeting of the Chamber's Standing Committee on Anti Fake Products and Intellectual Property Rights (IPR), ...
Revision of prices urged for cotton, wheat & cane KHANPUR: Agri-Forum Pakistan, Punjab president Ch Ahmed Ali has urged the government to revise support prices of important crops such as sugarcane, cotton and wheat so that growers get due incentives and fair returns from the market.Talking to reporters here on Thursday,he urged the government to buy 3 million bales of cotton through TCP,saying that this would stabilise the prices of cotton and farmers would be saved from losses.He suggested per maund support prices as--Rs ...
Farmers asked to be vigilant against cotton bugs MULTAN: Agriculture experts have advised growers to be vigilant of dusky cotton and red cotton bugs and asked them to consult experts for their in timely control in the cotton belt, particularly from September to November.Timely control on the two bugs is vital to get enhanced production of good quality cotton, agriculture department said in a statement. The bugs not only suck juice from flowers and bolls but also leave dark spots on lint compromising ...
FPCCI warns against implications of civil disobedience call KARACHI: Federation of Chamber of Commerce and Industry (FPCCI) is against any call made for civil disobedience as it can have its severe implications on the national economy with direct bearing on the lives of citizens themselves.FPCCI President, Zakaria Usman in a statement on Monday said any attempt to encourage citizens from not paying their utility bills and taxes or asking them to keep on hold their business would further compromise the economy.He said the ...


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Foreign Debt $61.805bn
Per Cap Income $1,386
GDP Growth 4.14%
Average CPI 8.6%
Trade Balance $-2.807 bln
Exports $1.911 bln
Imports $4.718 bln
WeeklyOctober 10, 2014
Reserves $13.401 bln