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Tahir Amin

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WB agrees to lend $918 million

Pakistan and World Bank Tuesday signed loan agreement worth $ 918 million for three projects. The agreement signing ceremony was witnessed by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh. Secretary Economic Affairs Division (EAD) Noor A
Published 19 Jun, 2019 12:00am
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WB agrees to lend $918 million

Pakistan and World Bank Tuesday signed loan agreement worth $ 918 million for three projects. The agreement signing ceremony was witnessed by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh. Secretary Economic Affairs Division (EAD) Noor A
Published 19 Jun, 2019 12:00am
Print

WB agrees to lend $918 million

Pakistan and World Bank Tuesday signed loan agreement worth $ 918 million for three projects. The agreement signing ceremony was witnessed by Adviser to the Prime Minister on Finance Dr Abdul Hafeez Shaikh. Secretary Economic Affairs Division (EAD) Noor A
Published 19 Jun, 2019 12:00am
Print

Renewal of mobile licences; PTA justifies price benchmark

While setting aside GSMA's concerns over renewal of mobile licenses in the country, Pakistan Telecom-munication Authority (PTA) has justified the price benchmark, saying that same price for similar spectrum band on the basis of per MHz was paid in 2016 an
Published 16 Jun, 2019 12:00am
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Renewal of mobile licences; PTA justifies price benchmark

While setting aside GSMA's concerns over renewal of mobile licenses in the country, Pakistan Telecom-munication Authority (PTA) has justified the price benchmark, saying that same price for similar spectrum band on the basis of per MHz was paid in 2016 an
Published 16 Jun, 2019 12:00am
Print

Renewal of mobile licences; PTA justifies price benchmark

While setting aside GSMA''s concerns over renewal of mobile licenses in the country, Pakistan Telecom-munication Authority (PTA) has justified the price benchmark, saying that same price for similar spectrum band on the basis of per MHz was paid in 2016 a
Published 16 Jun, 2019 12:00am
Print

Outlook stable: Fitch affirms long-term forex IDR at ''B-''

Fitch Ratings has affirmed Pakistan''s long-term foreign-currency issuer default rating (IDR) at ''B-'' with a stable outlook. According to a statement issued by Fitch, Pakistan''s ratings reflect challenging external finances and low reserve coverage, hi
Published 15 Jun, 2019 12:00am
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Outlook stable: Fitch affirms long-term forex IDR at 'B-'

Fitch Ratings has affirmed Pakistan's long-term foreign-currency issuer default rating (IDR) at 'B-' with a stable outlook. According to a statement issued by Fitch, Pakistan's ratings reflect challenging external finances and low reserve coverage, high p
Published 15 Jun, 2019 12:00am
Print

Outlook stable: Fitch affirms long-term forex IDR at 'B-'

Fitch Ratings has affirmed Pakistan's long-term foreign-currency issuer default rating (IDR) at 'B-' with a stable outlook. According to a statement issued by Fitch, Pakistan's ratings reflect challenging external finances and low reserve coverage, high p
Published 15 Jun, 2019 12:00am
Print

Outlook stable: Fitch affirms long-term forex IDR at ''''B-''''

Fitch Ratings has affirmed Pakistan''''s long-term foreign-currency issuer default rating (IDR) at ''''B-'''' with a stable outlook. According to a statement issued by Fitch, Pakistan''''s ratings reflect challenging external finances and low reserve cove
Published 15 Jun, 2019 12:00am
Print

Rs 52.73 billion budgeted from 3G licences for FY-20

The government has budgeted Rs 52.73 billion from 3G licences under the head of non-tax revenue for the next fiscal year 2019-20 against Rs 6.854 billion budgeted for the current fiscal year which was later revised to Rs 66.620 billion.
Published 14 Jun, 2019 12:00am
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Rs 52.73 billion budgeted from 3G licences for FY-20

The government has budgeted Rs 52.73 billion from 3G licences under the head of non-tax revenue for the next fiscal year 2019-20 against Rs 6.854 billion budgeted for the current fiscal year which was later revised to Rs 66.620 billion.
Published 14 Jun, 2019 12:00am
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Rs 39 billion grant earmarked for Pakistan Railways

The government has earmarked a grant of Rs 39 billion for Pakistan Railways for the fiscal year 2019-20 to meet its losses against Rs 37 billion allocated for 2018-19, revealed budget documents.
Published 13 Jun, 2019 12:00am
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Internet, bandwidth services: Withdrawal of FED exemption proposed

The government has proposed the withdrawal of exemption of Federal Excise Duty (FED) on internet services and foreign satellite bandwidth service in the Finance Bill 2019-20. According to the budget documents, the government has proposed the withdrawal of
Published 12 Jun, 2019 12:00am
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Internet, bandwidth services: Withdrawal of FED exemption proposed

The government has proposed the withdrawal of exemption of Federal Excise Duty (FED) on internet services and foreign satellite bandwidth service in the Finance Bill 2019-20. According to the budget documents, the government has proposed the withdrawal of
Published 12 Jun, 2019 12:00am