January 21: Bloomberg Tax states that Pakistan cabinet approves tax exemption on profits for investors on planned Eurobonds, Sukuk and Panda bond offerings, the nation’s information ministry says in a statement.
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Pakistan to Abolish Taxes on Planned Eurobond, Sukuk Profits
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Pakistan to Abolish Taxes on Planned Eurobond, Sukuk Profits
Sri Lanka, Pakistan foreign ministers agree to expand bilateral trade to US$ 1 billion
February 25: Colombo Page states that the visiting Pakistan Minister of Foreign Affairs Makhdoom Shah Mehmood Qureshi called on his Sri Lankan counterpart Minister Dinesh Gunawardena at the Foreign Ministry today, 24 February 2021.
LHC grants Hamza Shehbaz bail in money laundering case after 20 months
February 25: The Nation states that the Lahore High Court (LHC) on Wednesday granted bail to Leader of Opposition in Punjab Assembly Hamza Shehbaz in a money laundering case, ordering the jail authorities to release him after the submission of bail bonds.
Senate elections: Parliament to decide on open or secret vote: CJP
February 25: The News report by Sohail Khan states that Chief Justice of Pakistan (CJP) Gulzar Ahmed on Wednesday said that parliament is the forum that must decide the method of voting for the Senate elections, including the degree of secrecy to be allowed.
FATF grey-listing caused ‘$38b losses’
February 25: The Express Tribune report by Shahbaz Rana states that Pakistan has sustained a staggering $38 billion economic losses due to the Financial Action Task Force’s (FATF) decision to thrice placed the country on its grey list since 2008, says a new research paper published by an independent think-tank, Tabadlab.
Pakistan gets $1.1bn financing to import oil, LNG
February 25: Dawn report by Khaleeq Kiani states that with sub-optimal utilisation of earlier $4.5 billion worth of three-year financing framework, Pakistan and the International Islamic Trade Finance Corporation (ITFC) on Wednesday signed a $1.1bn trade financing facility for the current year.
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