Upcoming budget to make certain consumer items more expensive

The upcoming budget for financial year 2016-17 to be presented by Ishaq Dar today is expected to make many items being used...

Ishaq Dar to present budget FY 2017-18 today

The Federal Budget for the financial year 2017-18 will be presented today at 4m today in the National Assembly.  The Finance Minister will...

Recoveries from power consumers reach 94.4pc: Economic survey 2016-17

Pakistan’s installed capacity of power generation reached 25,100 megawatts in financial year 2016-17 in comparison to 22,900 MW a year ago. This...

Tax exemptions rise 5pc to reach Rs415b: Economic Survey 2016-17

Economic Survey 2016-17 has reported that tax exemptions had seen an increase of 5pc to reach Rs415b during first ten months of...

Pakistan’s war on terror losses decrease to $3.9b in FY 2016-17

The Economic Survey 2016-17 unveiled on Thursday revealed that Pakistan’s losses from the war on terrorism had reached $123b. Besides this, the...

Agri-sector posts significant growth of 3.46% in 2016-17

The agricultural sector witnessed significant growth of 3.46 percent during the fiscal year 2016-17 as against the set target of 3.5 percent....

Negotiations on Pak-Turkey FTA to be held on June 6-7

The seventh round of negotiations on Free Trade Agreement (FTA) between Pakistan and Turkey would be held from June 6-7,2017 in Turkey...

PM inaugurates first unit of Sahiwal Coal Power Project

The first unit of Sahiwal Coal Power Project having 660 MW capacity was inaugurated by the Prime Minister Muhammad Nawaz Sharif on...

Pakistan’s GDP grows at a nine-year high of 5.3%

GDP to clock in at 5.5% in 2017-18 whereas government is targeting 5.7% KARACHI: Pakistan’s GDP grew by 5.3 per cent in...

Economic survey 2016-17: Sluggish demand in world imports hit Pakistan’s exports 

  Imports increased by 18.7 per cent in first nine months of FY 2016-17 ISLAMABAD: Admitting that government will not be able to...

Economic Survey 2016-17: Massive machinery imports under CPEC to raise trade deficit

  The trade deficit is expected to rise in the short term as a result of import of machinery and equipment under the...

Dar unveils Economic Survey 2016-17

Finance Minister Ishaq Dar while unveiling the economic survey 2016-17 today said that the economy had grown 5.28pc in the current financial...

Global X MSCI Pakistan ETF’s assets quadrupled says: Bloomberg report

A Bloomberg report has cited that investors have been on a spree of buying up a US listed exchange trade fund dedicated...

OBOR is a symbol of golden age of globalisation says: PM Nawaz Sharif

As Pakistani leadership stands by China in implementation of its multi-billion dollar ‘One Belt, One Road (OBOR) initiative’ the region is set...

Federal budget with 4.8t outlay to be presented on Friday

Finance Minister Ishaq Dar will present the fifth federal budget of ruling democratic dispensation with an estimated outlay of Rs4.8t for the...