PM Imran Khan says increased tax collection only way to come out of vicious cycle of debt-loan repayment; govt to take it to Rs8,000 billion. Says the “ruling elite” in …
GDP
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ISLAMABAD: Recording fiscal deficit during the first two months of the current fiscal year unchanged at 0.9 per cent of GDP, the finance ministry on Thursday warned that the exchange …
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ISLAMABAD: Recording fiscal deficit during the first two months of the current fiscal year unchanged at 0.9 per cent of GDP, the finance ministry on Thursday warned that the exchange …
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World Economic Outlook report sees higher current account deficit this fiscal۔
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EconomyLatest Updates
Tarin unveils steps to curb imports ahead of IMF talks
by Umar Sohailby Umar SohailISLAMABAD: Conceding concerns over heating up of Pakistan economy, Finance Minister Shaukat Tarin on Wednesday announced steps — regulatory duties and cash margins — to curb imports ahead of negotiations …
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EconomyLatest Updates
Pakistan economic Recovery & Vaccine Rollout To go steady & Parallel
by Umar Sohailby Umar SohailPakistan’s economic growth rebounded to 3.9% in fiscal year (FY) 2021 (ending 30 June 2021) and is expected to reach 4.0% in FY2022 as business activity gradually resumes in the …
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KARACHI: Failing to meet the performance criteria set by the International Monetary Fund (IMF), the country ran a primary budget deficit of Rs653.6 billion in 2020-21, according to a summary …
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EconomyLatest Updates
No No to IMF Now: Quitting IMF programme not possible now: Tarin
by Umar Sohailby Umar SohailSenate committee on Finance unanimously turned down the arrest powers of the Federal Board of Revenue (FBR).
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EconomyLatest Updates
Forbes Appreciates Pakistan’s success in reviving economy During Covid
by Umar Sohailby Umar SohailUS magazine lauds govt’s efforts saying even US and India faced difficulties in dealing with the pandemic
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EconomyInternational
Snatching Recovery From the teeth of Corona: pakistan Sees an Optimistic Growth in Economy Next Year
by Hamza Irshadby Hamza IrshadFederal PSDP is likely to see a record 40% increase from Rs 650 billion to Rs 900 billion, that is almost Rs 250 billion increase. This can crowed in investment …