Karachi—The Government has decided to bring the
budget deficit below 6.5 percent during fiscal
year 2008-09, against the existing 29 percent.
In the year 2009-2010, the deficit will be cut
down further.
Karachi—Yemen, the country of 22 million
populations having historical background has
many opportunities for bilateral business and
trade in the field of textile spinning and
leather goods.
Karachi—Tanvir Ahmad Sheikh, the President of
the Federation of Pakistan Chambers of Commerce
and Industry (FPCCI) has criticized the
imposition of 35 percent margin on Letter of
Credit (LC) on imports.
Islamabad—The implementation of AutoPlus
software, developed under Pakistan Software
Export Board (PSEB) Industry Automation Program,
has started at Plum Qingqi Motors Ltd (PQML),
Lahore, a spokesman of PSEB said in a statement.