Pakistan’s Finance Minister Muhammad Aurangzeb presented the federal budget 2025-26 with a Rs17.573 trillion outlay, targeting 4.2% GDP growth, 7.5% inflation, major tax reforms, enhanced social spending, and defence allocations, …
Fiscal Deficit
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BusinessTop Trending News
10 Mln Pakistanis at Risk of Acute Food Insecurity: World Bank
by Umar Sohailby Umar SohailIslamabad: The World Bank has issued a stark warning, projecting that nearly 10 million Pakistanis could face acute food insecurity during the current fiscal year, primarily due to economic challenges …
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The Monetary Policy Committee (MPC) convened on March 18, 2024, and decided unanimously to maintain the policy rate at 22 percent. The Committee acknowledged a notable decline in inflation from …
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Economy
Pakistan sustains a huge fiscal deficit of Rs1.974 trillion in seven months of 2022-23
by Hamza Irshadby Hamza IrshadPakistan sustains a huge fiscal deficit of Rs1.974 trillion in seven months of 2022-23 ISLAMABAD: Pakistan has sustained a massive fiscal deficit of Rs 1.974 trillion rupees in the first …
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EconomyLatest Updates
Budget deficit hits Rs3.16 trillion in nine months of FY22
by Umar Sohailby Umar SohailThe government spent 2.1 trillion rupees on debt financing while 881 billion rupees were spent on defence in nine months of FY 2021-22.
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EconomyLatest Updates
Is House Coming Back In Order? Fiscal Deficit Down to 3.5% than Year on Year
by Hamza Irshadby Hamza IrshadThe eight-month deficit is slightly lower than 3.7pc of GDP or Rs1.613tr of same period last year, with annual deficit of 8.1pc — one of the highest.