Decoding the budget: A simple question of revenue and expenditure
The Government of Pakistan has presented its proposed budget for the Fiscal Year of 2023-24 on Friday 9th of June. The budget...
Despite ticking pension bomb, govt increases annuity for federal employees by 17.5%Â
Development of a pension fund with Rs10bn in plans
Education sector receives marginal budget boost for 2023-24
The government's allocation of Rs. 97.098 billion for Education Affairs and Services in the federal budget for the fiscal year 2023-24 has...
In significant increase, govt sets Rs 1.14 trillion development budget with priority given to ‘populist’ ‘projects
Overall increase in PSDP marks govt trying to shore up support in an election year. But how will IMF react to this increased expenditure?
Pakistan’s economy grew only 0.29pc in FY22-23Â
Dar unveils the Economic Survey of Pakistan a day before the budget, presenting a bleak picture of the economy.Â
Tax exemptions cost govt over Rs2.239tr in 2022-23
The total tax exemptions cost the govt Rs2.239tr during the fiscal year 2022-23, against Rs 1.757tr in 2021-22, reflecting an increase of Rs482.63bn
Govt misses targets for all key economic indicators in FY23
Govt team to launch Economic Survey tomorrow
Budget season in full swing in Islamabad as govt scrambles for public’s supportÂ
Prime Minister calls high-level meeting to discuss relief measures for the public with a tight budget on the cards
Govt approves 3.5% GDP growth target for fiscal year 2023-24
NEC approves Rs2.709 trillion Annual Development Plan for FY24
Govt borrows Rs41b per day on average during one year in office
Domestic borrowing went up by Rs7.635tr since April 2022
ECC accords approval for issuing Rs9.5b guarantee for Hyderabad-Sukkur motorway
TSG of Rs 402b in favor of Ministry of Economic Affairs for debt servicing also approved
Govt likely to authorise FBR to collect FED on digital services in provinces
The Federal government is likely to authorize the Federal Board of Revenue (FBR) to collect Federal Excise Duty on digital services in...
ECC likely to approve framework agreement with Azerbaijan’s SOCAR for LNG procurement
Pakistan set to take strategic step to secure cheaper LNG, enhance energy cooperation with Azerbaijan
Highs and lows: Toyota shuts down plant same week it unveils HEV
The company unveiled the new HEV in a star-studded assembly whilst announcing that it will be suspending production next week the very next day
Okayker sets target on car mechanics with $700,000 in seed funding
Company claims it will revolutionize Pakistan’s auto care industry.Â