Governor of State Bank of Pakistan, Dr. Shamshad has said that some defaulters put pressure on banks through politicians to write off their loans even 6000 defaulters have been decreased to 200 only in exit control list due to the politicians’ interference and illegal influence. She has further said that some strict changes are being [...]
Defaulters’ Pressure on Banks to Write Off Their Loans, Governor SBP Says.
Published in June 17th, 2008
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Jinnah’s Quotes:
Published in June 16th, 2008
Posted by The Business Time in National
1. “Think hundred times before you take a decision, but once that decision is taken, stand by it as one man.” ___________________________________ 2. “No nation can rise to the height of glory…
Subsidy, Sales Tax & Fuel Readjustment on Electricity
Published in June 16th, 2008
Posted by The Business Time in Business
Electricity bills’ prices are expected to go up in forthcoming days due to increase in sales tax rate, withdrawal of subsidy & fuel readjustments. Government of Pakistan has suggested in finance bill to take back subsidy of Rs. 34 billion…
$4.5 b Aid For War Against Terrorism To Be Audited & Discussed
Published in June 16th, 2008
Finance Minister, Naveed Qamar said that the funds which were given to Pakistan in the form of financial aid, assistance or loans for war against terrorism would be audited and discussed in Parliament. After 9/11, about $4.5 billion
Budget (2008-2009)-Summary
Published in June 14th, 2008
Posted by The Business Time in Business
Mr. Naveed Qamar, Finance Minister has presented budget for 2008-2009. Its summary is as: – Rs. 24.30 billion for education sector. – Rs. 66 billion for power sector. – Rs. 543 billion for Public Sector development programs (PSDP). – Rs. 28.4 billion for peoples work…
Long March-Start of Big Revolution
Published in June 14th, 2008
Posted by The Business Time in National
Lawyers’ campaign in the form of “Long March” which was led by Aitzaz Ahsan, Ali Ahmed Kurd and many leaders of PML (N), Tehreek e Insaf, Jamaat e Islami and others have ended which started from June 9th. Aitzaz Ahsan rejected the rumors about the failure of this long march. He and his companions were [...]
