Karachi—The new government will have to rely on
textile exports to narrow down the burgeoning
trade deficit, at least in the short term, the
country’s apex trade body says in a report.
Lahore—Government policymakers are struggling to
bring about a change in the exporters’ mindset,
who demand concessions instead of favourable
policies to compete in the international market
and put the country on a sustainable growth
path.
Karachi—IFC, a member of the World Bank Group,
announced that Pakistan’s MCB Bank Limited has
joined the IFC Global Trade Finance Program as
an issuing bank, boosting access to trade
finance for entrepreneurs and small and medium
enterprises in Pakistan.
Abuja—The Nigerian National Petroleum Company
will be transformed from an impenetrable
bureaucratic giant into a real privately run
company when restructuring is completed next
year, says Nigeria’s President Umaru Yar’Adua.
Islamabad—In order to ensure revival of Poultry
Sector to meet the requirements of Poultry meat
and eggs of the human population which is
growing at an average rate of 2%, the following
policy decisions need to be taken immediately,
failing which poultry sector would be subjected
to total collapse which implies collapse of
Rs.200 billion investment.
