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zeeshan
Joined: 21 Jan 2016
Posts: 655
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| Pakistan Give Up Hope of Recovering $800 Million from Etisal |
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Administration of Pakistan has evidently surrendered all desires of Etisalat paying $800 million for the shares the last had purchased in PTCL in 2005.
This was implied in Pakistan's financial plan records, where not at all like every earlier year, government did exclude $800 million — to be recuperated from Etisalat — as its non-charge income for year 2016-17.
While ProPakistani's endeavors for soliciting the perspective from government were unsuccessful, there are three conceivable potential outcomes of what may have happened:
Alternative 1: Pakistan checked it a terrible obligation to discount it, rather than incorporating it in the yearly incomes for the twelfth back to back year.
Alternative 2: Government achieved a concurrence with Etisalat however didn't tell anybody. Also, that this $800 million was most likely waived off.
Choice 3: Government neglected to include the recoverables in one year from now's income, and that whatever we are deduction is simply out of extent.
We will keep on asking the legislature about what has really happened and will tell you of the result.
In the interim, What do you think may have happened here?
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| Fri Jul 01, 2016 12:42 pm |
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