Archive for January 2010
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Lawmakers in upper house of the Parliament expressed grave concern over the media reports that the installation of Rental Power Plants (RPPs) would increase the power tariff for local consumers by 45 percent. Speaking in
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Finance Minister Shaukat Tarin has the government took "unpopular but courageous decisions to stabilise the economy with the nine-point agenda in 2008." "We focussed on strengthening economy and reducing budget deficit to achieve sustainable growth.
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In an encounter in Gwadar's general area, the Coast Guards arrested 14 smugglers. According to Coast Guards, the smugglers were trying to smuggle narcotics. PCG said that they recovered narcotics, arms and ammunition from their
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The Provincial Minister for Public Health Engineering Mohammed Adil Siddiqi has said that 84 new schemes of water and drainage would be initiated in the province. He said the department had been directed to expedite
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The Sindh government has asked the finance department to release Rs 22 million compensation for the heirs of at least 44 people who lost their precious lives in the Ashura blast on MA Jinnah Road.
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The Karachi Port Trust (KPT) will invest around Rs 60 billion on various development projects, both in and outside Karachi Port area, during the current financial year, it is learnt. Giving updates of the ongoing
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Due to absence of teachers in various primary and secondary schools, 90 percent government educational institutions in the city have Sources told Business Recorder, Sindh government is paying billions of rupees to teachers, who never
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The Federal Board of Revenue (FBR) has asked Port Qasim Authority (PQA) to pay tax liability of Rs 1.2 billion for fiscal year 2008-09. Sources told Business Recorder on Monday that the Regional Tax Office
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Another circular debt crisis is looming in the country as the government has not retired about Rs 334 billion borrowed for commodity operation. Sources in banking sector told Business Recorder that the government has consistently
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The government silence on the report of Asian Development Bank (ADB) published in a section of press that rental power plants deal would increase power tariff by 45 percent and the whole deal was shabby
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