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October 18, 2017 2:30 AM Import duty on eatable, luxury items raised by up to 50pc

ISLAMABAD: The government has imposed regulatory duty on import of 36 new products and raised its rates on the existing 240 items in a fresh move to curtail rising trade deficit of the country. The import of these eatable and luxury items — on which the duty has been raised by up to 50 per cent — saw approximately 40pc growth in the first three months 1

October 18, 2017 12:22 AM ‘Socialism last hope against capitalist exploitation, evil of globalisation’

Socialism is the last hope for those suffering under the yoke of capitalist exploitation and the evil of globalisation. Such was the tenor of the speeches made at the ‘Centennial Year of Russian Revolution: 1917-2017’ seminar held on Tuesday. Organised jointly by the Shaheed Zulfikar Ali Bhutto Institute of Science and Technology (Szabist) and the Tareekh

October 17, 2017 6:44 PM Pakistan won’t go to IMF as economy is stable, thriving: Ahsan Iqbal

ISLAMABAD: Interior Minister Ahsan Iqbal on Tuesday has said that the government would not go to the International Monetary Fund (IMF) in the election year, adding that those portraying a doomsday scenario about the country’s economy were ill-advised and playing in enemy’s hands. “Only a fool will go to the IMF in an election year. We will not do that as Pakistan’s 1

October 17, 2017 4:08 AM Ishaq Dar rules out fresh IMF bailout

Finance Minister Ishaq Dar on Monday ducked questions on a speech of Army chief General Qamar Bajwa that triggered a national debate but insisted that Pakistan’s economy was not performing as bad as others perceived. It was the finance minister’s first press conference after his indictment in an accountability court on corruption charges and the military’s 3

October 17, 2017 1:30 AM Dar speaks out finally!

State of economy, Rules out seeking fresh loan, Says nothing to worry as State Bank holds around $14 billion in reserves ISLAMABAD - Finance Minister Ishaq Dar on Monday ruled out the possibility of approaching the International Monetary Fund (IMF) for a fresh loan programme saying that “we have to make economy self-sustained”. “There is nothing to worry 2

October 16, 2017 5:51 PM PML-N to decide about my resignation as minister: Dar

ISLAMABAD: Federal Minister for Finance and Economic Affairs Senator Mohammad Ishaq Dar on Monday said that it was prerogative of the Pakistan Muslim League-N and its leadership to decide whether he should continue his job as the minister or not. Addressing a press conference regarding economic progress during first quarter of the fiscal year 2018-19 at FBR House 2

October 16, 2017 12:22 PM My statement was not against Army: Iqbal

NANKANA SAHIB: Interior Minister Ahsan Iqbal, addressing the media outside the house of martyred Captain Hasnain, said his recent statement was not against the army. The interior minister had said last week that the Director-General Inter-Services Public Relations (ISPR) should refrain from passing comments on the country's economy. Iqbal also said that the government 3

October 14, 2017 2:30 AM ISPR should not comment on economy: Ahsan

| Imran says minister’s ‘unwarranted attack’ on Army’s media wing is ‘absurd’ ISLAMABAD - The government seems to be offended by army’s commenting on the economic situation of the country, as a minister yesterday advised ISPR chief to refrain from commenting on the state of economy. Army Chief General Qamar Javed Bajwa on Wednesday delivered a speech 4

October 14, 2017 2:30 AM DG ISPR should refrain from commenting on economic issues: Ahsan Iqbal

ISLAMABAD: The chief military spokesperson should not be commenting on national economy, Interior Minister Ahsan Iqbal said on Friday – a day after Major General Asif Ghafoor said, “If Pakistan’s economy is not bad, it’s not good either”. “DG ISPR [the director general, Inter-Services Public Relations] should refrain from commenting on national economy 5 1

October 10, 2017 1:05 AM Despite ADB concerns, Dar claims strong economic performance

ISLAMABAD: Despite Asian Development Bank's (ABD) warning of increasing economic vulnerabilities last month, Finance Minister Ishaq Dar, announced, on Monday, a "strong fiscal performance" during the first quarter of the financial year 2017-18. The ADB, in its Asian Development Outlook 2017 which was updated in September, had alerted that Pakistan's 6