Govt debt stocks rise to Rs69.9trn KARACHI: The federal government’s total debt stocks rose to Rs 69.6 trillion mark at the end of July 2024 primarily... Updated 06 Sep, 2024 08:56am
Editorials Must act now EDITORIAL: The persistently high gross financing needs present a significant risk to the economy, challenging the... Updated 26 Aug, 2024 07:26am
Print FY24-25 to FY26-27: MoF cautions fiscal risks may affect MTBS forecasts ISLAMABAD: Finance Ministry has cautioned that fiscal risks may lead to potential threats or uncertainty in fiscal... Updated 20 Jul, 2024 09:24am
Pakistan Fiscal deficit target of 6.9pc of GDP set ISLAMABAD: The government has budgeted overall fiscal deficit at an unsustainable 6.9 percent of GDP for 2024-25... Published 13 Jun, 2024 03:32am
Editorials Phenomenal rise in domestic borrowing EDITORIAL: The government borrowed up to 77 percent domestically to finance its fiscal deficit in the first six... Updated 28 May, 2024 05:52am
Print Mid-year review: 77pc borrowing for financing fiscal deficit thru domestic sources: MoF ISLAMABAD: The government has borrowed around 77 percent for financing of federal fiscal deficit through domestic... Updated 23 May, 2024 09:22am
Business & Finance H1: Fiscal deficit increases to 2.3pc of GDP KARACHI: Fiscal deficit increased to 2.3 percent of GDP in the first half of FY24 from 2.0 percent in the same ... Published 15 May, 2024 05:47am
Print 9MFY24: Fiscal deficit recorded at Rs3.902trn ISLAMABAD: Fiscal deficit has been recorded at 3.7 percent (Rs3,902.416 billion) of the GDP during the first nine... Updated 01 May, 2024 09:20am
Print Growing pressure on expenditures: Higher mark-up payments behind challenge: MoF Total expenditures during July-February 2024 remained under pressure due to higher mark-up payments Updated 01 May, 2024 04:36pm
Print Jul-Mar period: Govt borrowing soars to record high of Rs4.8trn Analysts say that federal government’s rising spending requirements has forced it to borrow money from scheduled banks to meet its financial requirement Updated 13 Apr, 2024 01:34pm
Print Fiscal deficit: OICCI submits proposals to Aurangzeb ISLAMABAD: The Overseas Investors Chamber of Commerce and Industry (OICCI) has submitted proposals to the government... Updated 22 Mar, 2024 09:46am
Business & Finance ‘Disparity between wealthy & impoverished is swiftly widening’ KARACHI: Chairman of National Business Group Pakistan, President Pakistan Businessmen and Intellectuals Forum, Mian... Published 20 Jan, 2024 05:18am
Print Budgetary support during Jul 1-Dec 16, 2023 period: Govt borrowing jumps 200pc to Rs2.876trn YoY Entire amount was borrowed from the SBP and scheduled banks to finance the fiscal deficit Updated 27 Dec, 2023 09:54am
Opinion Crisis is the moment for home-grown solutions Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1... Updated 06 Nov, 2023 06:11am
Print Fiscal adjustment hamstrung by interest payments Ministry of Planning, Development and Special Initiatives says economy has slowly and steadily started recovering from the downturn in growth Updated 04 Oct, 2023 10:00am
Editorials There’s always a smell of shenanigans in the air EDITORIAL: The government is desperate to fill the growing fiscal gaps. The space to finance a continuously high... Published 02 Oct, 2023 06:33am
Print Fiscal consolidation: Ministries, divisions asked to strictly adhere to funds release strategy ISLAMABAD: Secretary Finance, Imdad Ullah Bosal has asked ministries and divisions to strictly adhere to the funds... Updated 24 Sep, 2023 09:15am
Business & Finance Debt piling up: Borrowing reliance surging to finance twin deficits: World Bank ISLAMABAD: The World Bank on Friday said Pakistan’s economic model is unsuitable because the country’s borrowing... Published 23 Sep, 2023 05:58am
Print Shamshad highlights importance of reducing fiscal deficit KARACHI: Federal Minister for Finance and Revenue, Dr Shamshad Akhtar, Thursday reiterated the government’s... Updated 01 Sep, 2023 09:16am
Print Rising debt servicing emerges as hindrance: Projection of cut in C/A deficit subject to certain risks ISLAMABAD: The government projection of a reduction in the current account deficit to US$ 3.7 billion is subject to... Updated 01 Sep, 2023 09:11am
Print Budgetary support: Govt borrows Rs500bn from banks in 2 weeks: SBP Says federal government's borrowing for budgetary support rose by 218 percent during the initial two weeks of this fiscal year Updated 26 Jul, 2023 01:00pm
World India meets FY2023 fiscal deficit target of 6.4% NEW DELHI: India’s fiscal deficit for the financial year ended March 31 touched 17.3 trillion rupees ($209.46... Published 31 May, 2023 05:17pm
BR Research Pulpy taxation The government is lately imposing a tax on every item they can find in the formal sector. Government debt is... Published 29 May, 2023 08:43am
Pakistan Macroeconomic conditions deteriorated during first half FY23: SBP Central bank says adverse global economic conditions, uncertainty surrounding IMF programme are major concerns Published 19 May, 2023 05:05pm
Print May-July: govt intends to borrow record Rs9.4trn Presently, government is the single largest borrower from commercial banks Updated 13 May, 2023 02:47pm
Print Fiscal deficit for Jul-Mar reaches 3.7pc of GDP ISLAMABAD: The government has closed the first nine months (July-March 2023) of the current fiscal year with the... Updated 06 May, 2023 08:55am
Pakistan Pakistan’s economic growth to decelerate to 0.6% in FY23: ADB Depending on a fast return to stability twinned with robust macroeconomic and structural reforms, country can bounce back: Asian Development Bank Updated 04 Apr, 2023 08:38pm
Print MoF lists factors causing fiscal deficit crisis ISLAMABAD: The Finance Ministry has stated that the sharp (V-shaped) economic recovery after the control of... Updated 04 Apr, 2023 09:02am
Opinion ‘Debt and fiscal space’ Business Recorder op-ed writer Dr Omer Javed deserves a lot of praise for articulating a highly informed argument on... Published 25 Feb, 2023 06:23am
Print Finance (Supplementary) Bill, 2023 adopted: NA acquiesces to IMF tax stipulation Finance Minister Ishaq Dar says bill proposed to minimise fiscal deficit Updated 21 Feb, 2023 12:01pm
