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Uegt Largest passenger aircraft lands at Islamabad airport
  ISLAMABAD:In a bid to lower the cost of production for export-oriented industries, the commerce ministry proposed on Thursday to cut customs duty rates by up to 72% on hundreds of items in addition to comp jordan aura letely abo af1 one lishing duties on another 151 items.The ministry has forwarded a list of 515 items to the Federal Board of Revenue (FBR), requesting reduced duty rates on them in the fiscal year 2018-19 budget, which the government will present in the National Assembly on April 27.For quite some time, Pakistan has been struggling to improve exports, which are equal to only 6.9% of the country s total national output. This ratio was double a few years ago. Due to constant decline in exports during the last three years, Pakistan s external debt-bearing capacity has signifi nike jordan cantly weakened. The external debt to exports ratio was 193.2% when the PML-N came into power, which has deteriorated to 302.5% in 2017, according to the IMF report.The proposed tariff lines are roughly 7.2% of the total tar Dljo Two PTI workers get bail in May 9 case
 Visa said on Monday it will allow the use of the cryptocurrency USD Coin to settle transactions on its payment network, the latest sign of growing acceptance of digital currencies by the mainstream financial industry.Visa has launched the pilot program with payment and crypto platform Crypto.com and plans to offer the option to more partners later this year, it said.The USD Coin (USDC nikeair ) is a stablecoin cryptocurrency whose value is pegged directly to the US dollar.Visa   new balance 990 rsquo s move comes as major finance firms in schuhe jordan cluding BNY Mellon, BlackRock, and Mastercard have embraced some digital coins, sparking predictions that cryptocurrencies will become a regular part of investment portfolios.Bitcoin heads for worst weekly loss in monthsTesla Inc boss Elon Musk said last week that customers can buy its electric vehicles with bitcoin, marking a significant step forward for the cryptocurrency  rsquo s use in commerce.  ldquo We see increasing demand from consumers across the world to be able to acce