Friday, June 12th, 2020
ICCI terms budget 2020-21 a balanced budget in tough conditions
ISLAMABAD, JUNE 12 / DNA / = Muhammad Ahmed Waheed, President Islamabad Chamber of Commerce and Industry (ICCI) has said that the government has presented a balanced budget in the current difficult situation and hoped that this budget would help in promoting business activities. He said that the government has reduced the customs duty on 40 raw materials of various industries and reduced the customs duty on 90 tariff lines from 11% to 3% or zero% which is very encouraging. The government has also reduced regulatory duties on a numberRead More
RCCI terms budget 2020-21 below expectations
RAWALPINDI, JUNE 12 / DNA / = Saboor Malik, President, Rawalpindi Chamber of Commerce and Industry (RCCI), while responding to the budget for fiscal 2020-21, said that the budget falls below expectations for the business community. However, we welcomed that no new tax has been imposed. The revenue target in the budget has been set to 4963 billion. It is impractical and does not reflect the ground realities. We demand that the government must review its revenue targets. The condition of CNIC which was earlier fifty thousand is now proposedRead More
Sherry Rehman terms Budget 2020-21 as a Failure on Multiple Levels
ISLAMABAD, JUNE 12 / DNA / = In her response to the 2020 budget, PPP Parliamentary Leader in the Senate, Senator Sherry Rehman said, “This is not a national budget for a country facing a crisis. It squandered a huge opportunity to change priorities, like diverting resources to health as percentage of GDP. Instead of that it cut money for the provinces who run the social spending. As it stands this is not even a national budget. It’s a rolling accounting exercise led by the IMF. In four months theyRead More
Ambassador of Japan greets Javed Miandad on his birthday
Islamabad: JUNE (DNA) = MATSUDA Kuninori, Ambassador of Japan to Pakistan, has extended his sincere and heartfelt greetings to the former captain and a legendary cricketer of Pakistan Javed Miandad on his 63rd birthday. Ambassador MATSUDA while conveying his warmest wishes to the super star of the cricketing world has said that ” today is a special day for you and all of your valued fans across the world. On this auspicious occasion, I, on behalf of the cricket lovers in Japan and the Embassy of Japan in Pakistan extendRead More
President of Uzbekistan holds talks with EBRD President
On June 11, President of the Republic of Uzbekistan Shavkat Mirziyoyev held talks with the President of the European Bank for Reconstruction and Development, Suma Chakrabarti, via videoconference. The Head of the state noted with deep satisfaction the high level of relations and fruitful cooperation of the Republic of Uzbekistan with the European Bank for Reconstruction and Development achieved in recent years. Thanks to the joint implementation of the provisions outlined in the Bank’s Country Strategy and the roadmap, the EBRD is currently one of the key partners in promotingRead More
Abdulaziz Kamilov to attend EU – Central Asia Foreign Ministers’ Meeting
On June 12, 2020, the Minister of Foreign Affairs of the Republic of Uzbekistan Abdulaziz Kamilov will attend EU – Central Asia Foreign Ministers’ Meeting, via videoconference, Uzbekistan MFA reports. The Foreign Ministers will discuss a wide range of issues related to strengthening Central Asia – EU dialogue in various areas, including in the context of the pandemic. Special attention will be paid to practical measures taken by the parties to counteract the spread of coronavirus infection.