US$ I billion non-convertible bond to be issued for overseas Pakistanis

ISLAMABAD, May 26 (APP): Finance minister Ishaq Dar Friday, lauding the contributions made by expatriate Pakistanis, announced that the government wanted them to invest in the national infrastructure and in that connection, US$ 1 billion non-convertible bond would be issued. The proposed bond would be floated through establishment of Pakistan …

Legal mechanism in the offing to curb land mafia

In order to curb the menace of land grabbing and to devise a legal mechanism for the speedy restoration of properties in illegal possession, The Anti-Qabza Group Sub Committee has started preparing recommendations for effective and meaningful reforms in land related laws. Commissioner Overseas Pakistanis Commission (OPC) / Member Anti-Qabza …

Overseas Pakistanis may be forced to disclose monetary interests

In a move that may eventually force influential people to disclose their offshore beneficial ownerships, a Senate panel on Wednesday proposed an amendment to the Companies Bill to make it binding on non-resident and dual-national Pakistanis to disclose their monetary interests abroad. The Senate Standing Committee on Finance amended Clause …

Shameful that PML-N questions overseas Pakistanis’ loyalty

 Just because they support PTI: Imran Khan Pakistan Tehreek-e-Insaf (PTI) Chairman Imran Khan slammed ruling party for ‘raising question on patriotism of overseas Pakistanis’. On his Twitter account, Khan wrote that due to PTI’s large support among overseas Pakistanis the ruling party is now targeting them. The PTI chairman was …