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CS for completing ease of doing business

By Our Staff Reporter LAHORE: Chief Secretary Punjab Yousaf Naseem Khokhar has said that the government is providing a conducive environment to investors by taking measures for ease of doing business. He directed the relevant provincial departments to complete reforms for ease of doing business within deadline. He was presiding over a meeting…
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Flour millers up in arms against Food Dept

By Our Special Correspondent LAHORE: Pakistan Flour Mills Association (PFMA) office-bearers held a press conference here on Friday and expressed their reservations against the Punjab Food Department and Feed Mills. The representatives of PFMA said that the Punjab Food Department is blackmailing the PFMA to meet their purchase target. The trucks…
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IMF agrees to Pakistan’s draft agreement

By Our Staff Correspondent ISLAMABAD: The International Monetary Fund (IMF) on Friday has shown agreement over the draft agreement of loan programme with Pakistan. According to details, the IMF delegation arrived at the office of Finance Ministry, held detailed talks and expressed its willingness. The Pakistani side has assured that electricity…
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Flour millers up in arms against Punjab Food Department

Our Special CorrespondentLAHORE: Pakistan Flour Mills Association (PFMA) held a press conference here on Friday and expressed their reservations against the Punjab Food Department and Feed Mills.The representatives of PFMA said that the Punjab Food Department is blackmailing the PFMA to meet their purchase target.The trucks of PFMA are being…
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Rs100 billion ADP cut in upcoming budget proposed

Punjab govt’s financial crunch and poor receipts By Javed Iqbal LAHORE: The Punjab government has proposed to slash approximately Rs 100 billion in its upcoming annual development programme (ADP) for the financial year 2019-20, The Business has learnt. The decision has been taken in the wake of the financial crunch. Earlier, the PTI…
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IMF & monetary policy of Pakistan

MUHAMMAD NADEEM BHATTI Monetary policy is the process by which the monetary authority of a country, typically the central bank or currency board, controls either the cost of very short-term borrowing or the money supply, often targeting an inflation rate or interest rate to ensure price stability and general trust in the currency. Further goals…
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Australia’s $50 note has a typo!

SYDNEY: Red-faced bank bosses in Australia admitted to an embarrassing error Thursday, revealing their state-of-the-art $50 note had a typo. The yellow and green note, which is worth around US$35, came into circulation last October. It has multiple security features — including microprint of a speech by Australia’s first female parliamentarian,…
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Why Uber Drivers Will Strike Around the World on Wednesday

Photo: Justin Sullivan (Getty)We’re just days out from Uber making its multibillion-dollar move to the New York Stock Exchange and thousands of drivers from around the world are preparing to launch a series of strikes protests on Wednesday in an effort to fight for better pay and better treatment.Uber, however, expects their driver dissatisfaction…
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