In finance, we will cover activities associated with banking, leverage or debt, credit, capital markets, money, and investments. Basically, everything that has to do with Pakistan’s economy, financing needs, finance news, and a lot more.
According to the Interior Ministry of Bahrain, Golden Visa was introduced to attract foreign professionals and highly talented individuals so that they can be retained. Once renewed, it would be for an indefinite time. It will also give a right to work and keep the family as well.
IMF loans though look attractive but have repercussions for the country seeking them. We need to critically evaluate whether a loan we are seeking is worth it or not? Will we be able to return the debt? Do we have the right policies that will generate revenue equal to the bailout?
Pakistan is trying to get back its economy on track by bringing more and more people into the tax net. This will enable the country to generate revenue equivalent to its spending.
Finance Minister Shaukat Tarin shared the news, “I am pleased to announce that IMF Board has approved 6th tranche of their programme for Pakistan.”
According to Abdul Razak Dawood, the commerce advisor to Pakistan’s prime minister, textile exports are expected to cross 40% in comparison to 2021, which had a record of US$ 21 billion in 12 months, ending in June.
Recently, according to the normalcy index published by The Economist, Pakistan stood in the top three positions for the third consecutive time. This means that so far, Prime Minister Imran Khan has been the best performer in the global economy. This is a proud moment for us.
‘’We intend to bring digital banks with a strong value proposition, robust technological infrastructure, sufficient financial strength, technical expertise, and effective risk management culture’’.
Aisa kaisay ho sakta hai jab itnay baray baray logoon ne ismein invest kya hai tou ye crash kesay ho sakti hai aur apko ye sunane ko miley? Crypto Market Crashed? Ye tou hoga!
Dr Michael Maier holds a Ph.D degree from Munich and has a vast experience in working with leading European banks.
Hammad Azhar, Minister for Energy, thanked Qatar for the sending supplies amidst the shortage in the international market. During the virtual meeting with his counterpart Saad Sherida Al-Kaabi, he discussed the areas of cooperation, to promote the existing ties, especially in the energy sector.
Recently, it was revealed that Russia is keen to work on a gas project with Pakistan. We hope this ends the ‘gas’ issue.
