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Jordan’s GDP hikes by 3.7% in 2014

AMMAN: The Department of Statistics shows that Jordan’s gross domestic product (GDP) grew by 3.1 per cent in 2014. The economic growth rate is compatible with expectations of the government and the International Monetary Fund. Last year’s growth rate was higher than 2013, when the economy expanded by 2.8 per cent. According to a report released on Wednesday by DoS ... Read More »

FBR needs Rs 100 billion to achieve quarterly revenue target

ISLAMABAD: The Federal Board of Revenue (FBR) needs Rs 100 billion to meet the provisional quarterly revenue target and most probably it will fail to achieve this target. The FBR had fixed Rs 557 billion provisional revenue target for the quarter (July-September) of FY 2014-15. However, statistics available with Customs Today revealed that the FBR have collected around Rs 444 ... Read More »

Pakistan earns $68m from mango export

ISLAMABAD: Pakistan earned over $68 million from the export of mangoes during the last two years. According to statistics of the Commerce Ministry available with Customs Today, Pakistani mango exports reached $37.765 million in 2013, showing an increase of around $7 million. Similarly, in financial year 2012, $30.818 million worth mangoes was exported. The MoC statistics revealed that the quantity ... Read More »

Azadi, Inqilab marches cause colossal loss to economy

ISLAMABAD: The uncertainty and turmoil caused by the Azadi and Inqilab marches of Pakistan Tehreek-e-Insaf (PTI) and Pakistan Awami Tehreek (PAT) have adversely affected the economic activities and have caused colossal losses to the industry to the tune of billions of rupees. The prevailing political impasses has also shaken confidence of the foreign investors and brought the import/exports activities to ... Read More »