Govt closes Q1 with budget deficit of 0.9pc of GDP ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget... Updated 26 Oct, 2023 09:02am
Print 0.2pc of GDP: Plan to achieve paltry primary surplus a welcome step: Fund ISLAMABAD: The International Monetary Fund (IMF) has termed the authorities' plan to achieve a small primary... Updated 03 Sep, 2022 09:43am
Business & Finance RTO Lahore achieves revenue target LAHORE: The Regional Tax Office (RTO) Lahore has achieved the revenue target set for the first 10 months of the... Published 28 May, 2022 05:11am
Markets KP’s Energy & Power Department stands first in fund utilization PESHAWAR: Energy and Power Department, Khyber Pakhtunkhwa stood first by utilising 98 percent released funds during... Published 23 May, 2022 06:55am
Print FBR eyes new taxation steps with a view to achieving Rs7,255bn target ISLAMABAD: The Federal Board of Revenue (FBR) will propose new taxation measures of over Rs 300-350 billion to... Updated 23 May, 2022 10:02am
Pakistan FDI inflow soars to $170.6m in April KARACHI: The inflow of Foreign Direct Investment (FDI) into Pakistan increased to $170.6 million in April 2022... Published 21 May, 2022 04:34am
Business & Finance $39.3bn trade deficit in 10 months is not sustainable: FPCCI LAHORE: Muhammad Nadeem Qureshi, Regional Chairman FPCCI, has stated that the economy cannot sustain the current... Published 19 May, 2022 05:29am
Print Jul-Mar ICT export remittances up 29.26pc to $1.948bn YoY ISLAMABAD: ICT export remittances including telecommunication, computer and information services during the first... Updated 24 Apr, 2022 09:10am
Print Circular debt showing Rs33bn monthly growth ISLAMABAD: Pakistan’s energy sector circular debt flow is still soaring with an average growth of about Rs33... Updated 03 Feb, 2022 03:40pm
Print Jul-Nov LSMI moderates to 3.26pc ISLAMABAD: The growth in Large Scale Manufacturing Industries moderated to 3.26 percent in the first five months... Updated 22 Jan, 2022 09:52am
Business & Finance Tarin delineates major contributors to widening CAD ISLAMABAD: During first quarter of the current fiscal year, the current account recorded a deficit of $ 3.4 billion... Published 08 Jan, 2022 03:59am
Print Jul-Oct ICT exports surge 39.26pc to $830m YoY The government has set a target of $5 billion for export remittances through IT and IT-enabled services for the next three years Updated 21 Nov, 2021 09:50am
Print Economic forecasting: Tarin asks MoC to take great care Finance minister asks ministry to conduct a sensitivity analysis and build scenarios for effective forecasting of both imports as well as exports Updated 07 Sep, 2021 09:27am
Print Q4FY21 numbers will be ‘even greater’: govt ISLAMABAD: The government said on Tuesday that the economic numbers of the fourth quarter of the current fiscal year... Published 26 May, 2021 03:45am
Business & Finance 3.94pc of GDP growth estimated during current fiscal year ISLAMABAD: The National Accounts Committee has estimated 3.94 percent of Gross Domestic Product (GDP) during current... Updated 22 May, 2021 02:12pm
Pakistan Mega-scheme for Karachi: Sindh govt releases Rs1.578bn KARACHI: Sindh government released Rs 1.578 billion under the head of mega-projects Karachi by the end of first week... Updated 12 May, 2021 10:28am
Print Reserves fall on external debt payment KARACHI: The country’s total liquid foreign exchange reserves declined sharply by $778 million during the last ... Published 07 May, 2021 04:35am
Print July-April (2020-21): Rs118bn increase in collection ISLAMABAD: The Federal Board of Revenue (FBR) has provisionally collected net revenue of Rs 3,744 billion during... Published 01 May, 2021 03:28am
Print Economic growth: Pakistan may need to dampen hopes: IMF ISLAMABAD: Pakistan may have to temper economic growth expectations following a third wave of COVID-19 infections, ... Updated 09 Apr, 2021 09:17am
Business & Finance Cement sector posts 44.39pc growth in March LAHORE: Cement sector posted the highest-ever monthly growth of 44.39 percent in March 2021, due to massive increase... Published 03 Apr, 2021 03:41am
Print 1HFY21: Govt adds over Rs1trn to domestic debt ISLAMABAD: The incumbent government has added Rs1.057 trillion to the domestic debt during the first six months of... Published 02 Apr, 2021 04:58am
Print Jul-Mar exports up 7pc YoY ISLAMABAD: The country’s exports posted a growth of 7 percent in the first three quarters (July-March of 2020-21)... Published 02 Apr, 2021 04:58am
Print July-December 2020: 21.08pc increase in domestic debt servicing cost witnessed ISLAMABAD: There was an increase of 21.08 percent in domestic debt servicing cost during the first six months... Published 29 Mar, 2021 06:05am
Business & Finance Imported tea consumption up 22.17pc in 7 months ISLAMABAD: The consumption of imported tea witnessed an increase of 22.17 percent during the first seven months of... Published 15 Mar, 2021 05:22am
Opinion FBR, tax potential & enforcement — I The Federal Board of Revenue (FBR) has achieved the target of first eight months (July 2020 to February 2021) of the... Published 05 Mar, 2021 05:17am
Print Over Rs1trn borrowed for budgetary support KARACHI: The federal government has borrowed over Rs 1 trillion for budgetary support from scheduled banks during... Updated 03 Mar, 2021 09:35am
Print First 8 months of FY21: Exports grow 4.6pc YoY ISLAMABAD: The country’s exports have posted a growth of 4.6 percent to $16.3 billion during the first eight ... Updated 02 Mar, 2021 09:41am
Pakistan SNGPL reduces UFG losses by 2.38 percent; saves Rs1.5bn The company has so far detected 18,748 gas theft cases which have resulted in booking of 519 MMCF amounting to Rs. 570 million against consumers. Updated 23 Dec, 2020 12:05am
Markets Japan to increase issuance of 40-year JGBs from April The announcement was in line with a Reuters report last week. Published 21 Dec, 2020 10:01am
Markets Japan's new stimulus package likely to boost GDP most strongly next fiscal year, minister says The $708 billion stimulus package, which was endorsed by the cabinet last week. Published 15 Dec, 2020 03:28pm