Telecom Sector Invests Over $200 million in FY19

Karachi, June 11, 2019: Telecom sector’s contribution is pivotal in the economy as the operators have invested a significant amount of US$ 200.1 million during July to March of the closing financial year 2018-19, according to Pakistan Economic Survey for the year 2018-19.  The main driver behind this investment is the cellular mobile sector, which…

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PTI government all set to unveil its first budget on Tuesday

Islamabad, June 10, 2019: The Pakistan Tahreek-i-Insaf led government is all set to present its first Federal Budget for the fiscal year 2019-20 in the Parliament on June 11 (Tuesday). The budget envisages fiscal management, revenue mobilization, measures for economic stabilization and growth, reduction in non-development expenditures; boosting exports besides providing relief to the masses,…

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PM Imran, President Xi to discuss bilateral ties, regional global issues in Bishkek: Zhang Hanhui

Beijing, June 10, 2019: Prime Minister Imran Khan and Chinese President Xi Jinping will discuss the entire spectrum of bilateral relations in addition to regional and international issues during their upcoming meeting to be held on the sidelines of the Shanghai Cooperation Organization (SCO) Summit in Bishkek, Kyrgyzstan this week, Chinese Vice Minister of Foreign…

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Fresh currency note issuance on Eid-ul-Fitr 2019

Karachi, June 3, 2019: The State Bank of Pakistan (SBP), through 16 field offices of its subsidiary SBP-Banking Services Corporation (SBP-BSC), provided fresh banknotes of various denominations aggregating to Rs. 360 billion, including Rs. 61 billion of Rs.100 and below denominations, via cash counters of banks and SMS service (8877) to the general public during…

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