Car imports via baggage banned

Fuel prices to go up Rs2.56/litre as ECC tightens auto import rules, PIA gets bailout ISLAMABAD: The government on Tuesday banned the import of used cars under the baggage scheme and tightened restrictions for the other two schemes, including a minimum three-year stay abroad, restricting competition for foreign firms in breach of commitments made to…

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Government activates the largest regional debt relief and places the Balearic Islands among the major beneficiaries

On Tuesday, the Government approved the preliminary draft organic law that sets in motion the largest partial cancellation of regional debt ever carried out, an operation by which the State will absorb 83,252 million euros, equivalent to a quarter of the indebtedness of the common system. The Balearic Islands is among the most favored communities,…