The Pakistan Telecommunication Authority (PTA) has imposed a huge fine of Rs100 million on a leading cellular company for contraventions and non-compliance of regulatory laws including sale of grey SIMs, unauthorized sale of SIMs through kiosks activities
Pakistan Friday reported a record 2,801 cases and 57 deaths as the total cases of Covid-19 crossed 64,000, according to Special Assistant to the Prime Minister (SPAM) on National Health Services Dr Zafar Mirza.
Pakistan has been experiencing fiscal and current account deficits, and continued efforts toward fiscal consolidation will be the key to sustaining improvements in macroeconomic stability, says the Asian Development Bank (ADB).
Total provisional external inflows from multiple financing sources were $7.381 billion during July-April of fiscal year 2019-20 against the budgeted amount of $12.958 billion for the entire fiscal year which is around 57 percent of the budgeted amount.
The Asian Development Bank (ADB) has approved a $300 million emergency assistance loan to strengthen Pakistan's public health response to the Covid-19 pandemic and help meet the basic needs of the vulnerable and poor segments of the society.
Information Technology sector fetched $35.1 million Foreign Direct Investment (FDI) in July-April 2020 compared to $22.9 million in the corresponding period of last fiscal year, registering an increase of around $12.2 million.
The failure of federal government to increase tax to GDP ratio and reduce non-development expenditures are the major reasons behind the ongoing controversy over National Finance Commission (NFC) and 18th Constitutional Amendment.
The gross domestic product (GDP) in South Asia will be lower by $142 billion to $218 billion (3.9 percent to six percent), mainly reflecting the tight restrictions in place in countries such as Bangladesh, India, and Pakistan, says the Asian Development B
The Pakistan Telecommunication Authority (PTA) has further extended the deadline for blocking of mobile device IMEIs till 3rd June, 2020, for all GSMA valid IMEIs seen on mobile networks but currently not registered with the PTA.