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Ambassador of the European Union in Pakistan Ms. Reena Kivinka said that various government officials have been informed about this decision. Despite the absence of a full EU observer group, the Election Commission of Pakistan (ECP) maintained an open-door policy and welcomed an observation mission for the upcoming general elections.
Separately, consumer financing recorded at Rs. 179 billion during FY 2022. Auto finance continued to be the dominant segment, followed by house building, which showed remarkable growth after the Mera Pakistan Mera Ghar scheme initiated by the State Bank of Pakistan in December 2020. Under the scheme, 100 billion rupees have been disbursed by ...
The Medium Term Development Framework (Urdu: قالبِ وسط مدّتی برائے ترقیات) (denoted as MTDF), is a policy measure programme of the Government of Pakistan drafted by the Ministry of Finance, Economic Coordination Committee and the Planning Commission of Pakistan, formulated to strengthen the national economy and civil ...
Taxation in Pakistan is a complex system of more than 70 unique taxes administered by at least 37 agencies of the Government of Pakistan. [1] According to the FBR, in 2021, the number of registered tax filers had grown to 7.1 million out of which only 2.5 million were active tax filers. [ 2 ]
In 2020, the company was the top performer in tech stocks, despite the COVID-19 pandemic. [10] In September 2021, the share price of Systems Ltd reached Rs. 740.93 and the company's market value became Rs. 102 billion, making Systems Ltd the first Pakistani IT company to cross-market value of PKR 100 billion.
SHANGHAI/BERLIN (Reuters) -Mercedes-Benz is betting on China's Momenta to help it win back market share in the world's biggest auto market, with plans for fresh investment and at least four future ...
Spirit Airlines has lost more than $2.2 billion since the start of 2020. Frontier has not reported a full-year profit since 2019, although that slump might end this year.
The company operates fourteen 500 KV and forty-three 220 KV grid stations, 5893 km of 500 KV transmission lines, and 10963 km of 220 KV transmission lines in Pakistan. [ 4 ] In 1985, National Power Control Center (NPCC) was established in Islamabad to control 500kV and 220kV transmission system throughout the country which includes eight ...