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Economy

Economy

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    Pakistan cannot survive with $90 billion imports. All remittances, investment and exports are not equal to imports. Local coal not being used for power generation.

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    (August 12, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Friday said the economy of a country that spends equal to a...
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    Surprising stability of the rupee welcomed. Dollar’s retreat will drastically reduce the country’s debt. Rupee appreciation destroying speculators, hoarders.

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    (August 06, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Saturday said the surprising stability of the rupee is a very positive development which...
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    IMF loan is the key to all other loans. COAS phone call to US officials improved Pakistan’s situation. IMF loan will not help amid political tensions.

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    (August 03, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and former provincial minister Mian Zahid Hussain on Wednesday said the IMF loan is the key to other loans. A telephone call by COAS to...
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    Political instability breaking the rupee. By-elections added to worries of investors. Nation not being united but divided.

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    (July 20, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the business community was hoping for political stability after staff-level...
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    Public tired of repeated economic crises in the last three years. Constant economic disasters have made businessmen mentally ill. Industrialists are considering relocating businesses.

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    (August 01, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said three economic crises have occurred in the last three years due to...
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    The world is drowning in a serious debt crisis. Over100 countries are facing financial problems, and dozens may go bankrupt. Pakistan should ensure political stability to avoid problems.

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    (July 18, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Monday said the world is drowning in a serious debt crisis. More than...
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    Interest rates raised unnecessarily. The economy will shrink, making it difficult for businesses to continue. Govt should try to reduce prices of agri products.

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    (July 08, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the central bank has unnecessarily increased interest rates which. The decision will increase...
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    Inflation is sad but better than bankruptcy. There is a limit to the coop of friendly countries. Reforms only option to end borrowing.

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    (July 01, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance and Former Provincial Minister Mian Zahid Hussain on rising inflation is resulting in severe hardship for the people. Still, it...
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    Pakistan is facing a serious food security threat. Food importing countries will be badly affected. War, climate change, expensive inputs damaging crops.

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    (June 29, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Wednesday said the whole world including Pakistan is facing a serious food...
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    Steps taken for economic reform are insufficient. Govt inadequate response weakening economy and rupee. Tax system should be made balanced.

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    (June 17, 2022) Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, and All Karachi Industrial Alliance, and former provincial minister Mian Zahid Hussain on Friday said the steps taken for reforming the economy are insufficient. The recent...
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