Monthly Archives: June 2016


AFGHANISTAN’S WAY TO PAY BACK

ALI SUKHANVER Do you know Major Ali Jawad Changaizi, the officer of Pakistan Army who sacrificed his life at Pak-Afghan Torkham border a few days back? He was the son of Brigadier Khadim Hussain Changaizi, the first Commissioner for Afghan Refugees in 90s in Balochistan. Before becoming president, Hamid Karzai […]


Punjab Budget 2016-17: tax on imported cars

LAHORE, June 13 (APP): Punjab Government has levied one-time tax on the imported motor cars registered after June 30, 2016. Provincial Finance Minister Aisha Ghaus Pasha, while presenting the Finance Bill 2016-17, here on Monday, said that the term “motor car” means a motor car as defined in the provincial Motor Vehicles Ordinance, […]


Saudi Arabia’s Vision 2030

Mehmood Ul Hassan Khan Most recently, Saudi deputy crown prince Mohammed bin Salman announced Saudi Arabia’s National Transformation Plan (NTP) in which Vision 2030 maintained a central position. It would radically transform the Kingdom’s economy. Vision 2030 sets out a comprehensive road map to promote more efficient government services and […]


Pakistani car sales rise to 167,507 units

KARACHI: Sales of locally produced cars swelled to 167,507 units in July-May 2015-2016 as compared to 136,723 units in the same period of last fiscal year. Low interest rate, improving law and order situation and overall improvement in country’s economic situation can be attributed to rising sales of cars, said […]


Remittances growth slows to 5.6pc

Overseas Pakistanis sent home remittances worth $17.841 billion during July-May 2015-16, reflecting a year-on-year growth of 5.6 per cent, the State Bank of Pakistan (SBP) said on Friday. Remittances stood at $16.898bn during the same period of the preceding fiscal year. However, this year’s growth rate was much lower than […]


AFGHAN REFUGEES IN PAKISTAN

ALI SUKHANVER Has anyone ever thought of those wretched ones who migrated to Pakistan from Afghanistan almost three decades back? Will the Ashraf Ghani government say them welcome if the government of Pakistan sternly decides to push them back to the land they actually belong to? And what would be […]


Highlights of Pakistan Budget 2016-17

Finance Minister Ishaq Dar has unveiled a budget with a total outlay of Rs 4.39 trillion for the fiscal year 2016-17, indicating 7% increase over the outgoing year. The government has set an ambitious growth target at 5.7pc in the next fiscal year. This is a deficit budget with a Rs 1.2 […]


Highlights of Pakistan Economic Survey 2015-16

Following are highlights of Pakistan Economic Survey for the outgoing fiscal year 2015-16, launched by Finance Minister Senator Muhammad Ishaq Dar here on Thursday:- • Major achievements of outgoing fiscal year includes: picking up economic growth, price stability, improvement in tax collection, reduction in fiscal deficit, worker remittances torch new […]