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ISLAMABAD: The All Pakistan CNG Association (APCNGA) on Monday said that around twenty multinational and local companies are keen to invest in the country’s gas sector. The companies keen to invest in the country’s gas sector include ExxonMobil, Mitsubishi, Trafigura, Eni of Italy, Vito, Gunvor Group, Petronas Global, and Qatargas....
ISLAMABAD:  A business delegation of the UK has signed agreements for investment of 200 million pounds in Pakistan and it is also searching for more investment opportunities, announced UK-Pakistan Chamber of Commerce and Industry (UKPCCI) President Amjad Khan. Talking to business community at the Islamabad Chamber of Commerce and Industry (ICCI),...
ISLAMABAD:  Pakistan is committed to facilitating foreign investors and efforts are under way to make accelerated improvement in the ease of doing business in the country, said Minister for Petroleum Ghulam Sarwar Khan. He made the remarks during a meeting with Mubadla Petroleum CEO Musabbeh Al Kaabi on Thursday. The CEO of...
LAHORE:  French companies are keen to invest and engage in business in Pakistan as the region is full of potential, said France-Pakistan Business Council Chairman Thierry Pflimlin. Pflimlin made the remarks on Tuesday during a visit to the Lahore Chamber of Commerce and Industry (LCCI), where he led a 29-member French...
ISLAMABAD:  Qatar is planning various projects in Pakistan with an investment horizon of next 10-15 years, said Qatar Investment Authority head Sheikh Faisal Bin Thani Al-Thani. In a meeting with Adviser to PM on Commerce Abdul Razak Dawood, he said, “We are looking for a long-term partnership and not quick wins.” Speaking...
ISLAMABAD:  There exists a huge potential for private and foreign direct investment in the power sector value chain including generation, transmission and distribution, said Federal Minister for Planning, Development and Reform Makhdoom Khusro Bakhtiar. Talking to a delegation led by Shanghai Electric Power Vice Chief Economist Mingwei Shi on Thursday, the...
QUETTA  :  Balochistan Chief Minister Jam Kamal Khan said the world has been eyeing Gwadar after the Chinese investment and soon the dream of making the port city into an economic hub of the region will come true. “The western parts of Balochistan are suitable for investment in energy while there...
KARACHI: American companies operating in Pakistan have expressed optimism over improvement in economic environment in the long-term, but are concerned about inconsistency in policies, a survey revealed on Thursday. The perception survey, conducted in the current fiscal year of 2018/19, found that half of respondents rated the ‘business climate’ in...
ISLAMABAD: France wants to enhance trade with Pakistan as it is a potential market for trade and investment, said France Ambassador to Pakistan Dr Marc Baréty. Speaking to business community at the Islamabad Chamber of Commerce and Industry (ICCI), the ambassador pointed out that the 80 million-strong middle class of Pakistan...
KARACHI: Seasoned businessman Hussain Dawood has said that the Pakistan Stock Exchange (PSX) has to play a greater role in building the nation and domestic economy through maximising the number of investors in the market. To achieve the objective, he underscored the need for building a meaningful public-private partnership where...

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crisis bank financing

Financing of external payments

The outstanding external debt of Pakistan crossed the century mark early this year. It stands as of the end of March 2019 at $105.8...