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Minister of State for Revenue

File photo: AFP Talks between Pakistan and the International Monetary Fund are heading in the right direction as the IMF has softened its stance on some conditions for the bailout package.  This was stated by Federal Revenue Minister Hammad Azhar in a press conference on Thursday. “We are in constant ...

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The right price for telecom licences can fetch government over $2b 

The operating licenses of Jazz, Telenor Pakistan and Zong are expiring in May, but renewing these permits at the right price and auctioning additional spectrum can fetch the cash-strapped government more than $2 billion. These estimates come from representatives of these companies but are endorsed by information and communication technology ...

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Punjab government looks to boost fish production

Photo: wishh.org Punjab is looking to capitalise on fish farming to increase its exports. The government has planned projects to provide assistance to fish farmers. The fisheries department has started a number of projects too. “We want farmers to breed fishes which can be exported,” said Fisheries Director-General Sikender Hayat. Setting ...

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Pakistan, Russia ink agreement to build an offshore gas pipeline

Photo: AFP/file Russian energy giant Gazprom has signed an inter-corporate agreement with Inter State Gas Systems Pakistan for constructing an offshore gas pipeline, a press release said on Wednesday. A Russian delegation called on Petroleum Minister Ghulam Sarwar Khan at his office to express their interest in the exploration and ...

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Dollar continues to slide, trades at two-month low

Photo: AFP The US dollar continues to slide in the open market and is now trading at its lowest level in two months. The green back fell slightly, by 20 paisa to be precise, on Wednesday morning and traded at Rs138.3. The last time the dollar traded around this level ...

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