Budget 2018-19: KCCI members appreciate business friendly, ‘political’ budget

KARACHI: The federal government of Pakistan, through its State Minister and Advisor to the Prime Minister on Finance, Miftah Ismail presented its 6th budget...

Budget 2018-19: Govt estimates Rs147,746mn for subsidies on power, textile, water

ISLAMABAD: The government has estimated Rs147,604 million worth subsidies for power, food, textile, water, construction of small dams during the financial year...

Budget 2018-19: Govt earmarks Rs72,255mn for power division projects

According to the budgetary documents, an amount of Rs65,099.054 million has been earmarked for 47 ongoing hydel projects while Rs7,156 million have been assigned for 18 new schemes under the PSDP 2018-19.

Budget 2018-19: Government presents Rs2043 billion total PSDP for FY 2018-19

The PSDP size including PPP mode financing has increased from Rs1,001 billion in 2017-18 to Rs1030 billion in year 2018-19 which shows an increase of 3 percent

Federal government likely to present estimated budget of Rs5.5 trillion

According to reliable sources, the total outlay of the budget of next financial is likely to be Rs5.5 trillion as against Rs4.75 trillion for the outgoing year.

Economic Survey 2017-18: Net debt increased 61.4pc

Adviser to the Prime Minister on Finance Miftah Ismail, Thursday, said that Pakistan’s net debt has increased from 60.2 per cent to 61.4 per cent while liquid forex reserves have declined by $4.5 billion.

ECC approves Rs1.73bn Ramzan Relief Package to subsidise food items

The government will provide a subsidy of Rs1,733 million under the Ramzan Relief Package 2018. Among the items which would be sold out at subsidized rates at Utility Stoles included flour, sugar, cooking oil, ghee, grams, gram flour (besan), dates, rice, squashes, milk and tea.

Economic Survey 2017-18: Govt blames political uncertainty for missing growth targets

Miftah says highest growth rate of 5.79 per cent achieved in 13 years. Ahsan says all promises made by his party in its manifesto fulfilled.

Economic Survey 2017-18: Private sector loans grew to Rs4.3 trillion in 2017-18

KARACHI: Outstanding loans to private-sector businesses grew 8.7 per cent or Rs344.8 billion in the first eight months of 2017-18 to Rs4.3...

Market Daily: KSE 100 closes red on weak corporate results

LAHORE: Pakistani equities continued to extend losses for third straight session after the disqualification of Foreign Minister Khawaja Asif which will be a...

Miftah Ismail, SBP governor hint new remittances policy for dollar in forthcoming budget 2018-19

KARACHI: State Bank of Pakistan (SBP) Governor Tariq Bajwa and Adviser to the Prime Minister on Finance Dr Miftah Ismail assured the...

Govt to present Rs5 trillion national budget on Friday

ISLAMABAD: The incumbent government is going to make history by presenting its sixth consecutive federal budget for the year 2018-19, with an...

ECC approves Rs1.733bn Ramzan Relief Package

ISLAMABAD: The Economic Coordination Committee (ECC) has approved a Rs1.733 billion Ramzan Relief Package for 19 daily use items provided by the...

Government to present Economic Survey 2017-18 based on 6 to 8 months data

ISLAMABAD: Unlike the previous surveys, this year the Economic Survey of 2017-18 to be presented on Thursday will be based on highly...

CCP imposes Rs5m penalty on Reliance Paints for price-fixing, downstream cartelisation

KARACHI: The Competition Commission of Pakistan (CCP) has imposed a penalty of Rs5 million on Reliance Paints Pakistan for fixing a minimum...