The federal government has set a target to collect Rs. 750 billion on account of the petroleum development levy in… Read More
Debt Servicing to Swallow 42% of Total Budget
Pakistan will spend approximately Rs. 3.950 trillion on debt servicing, including interest payments and retiring its principal amounts, during the… Read More
Weekly Inflation Sees Biggest Jump in Almost 3 Years
The Sensitive Price Indicator (SPI) for the week ended June 9, 2022, recorded a significant increase of 2.67 percent due… Read More
Budget 2022 Brings Massive Increase in Levy on Import of Mobile Phones
A new levy of up to Rs 16,000 has been proposed on the import of mobile phone handsets through Finance… Read More
Telcos Face Obstruction in Setting Up Facilitation Stalls at Haji Camps
With the hajj season around the corner and scores of hajis preparing for the holy pilgrimage, telcos in Pakistan are… Read More
Annual Plans Sets GDP Size Target of Rs. 73,385 Billion for FY23
The Annual Plan and macroeconomic framework for FY2022-23 has set a gross domestic product (GDP) target of Rs. 73,385 billion.… Read More
USAID and HEC Launch Scholarship Management System
An IT-based Scholarship Management System of the USAID-funded Merit and Needs-based Scholarship Programme (MNBSP) was launched at the Higher Education Commission… Read More
Pakistan Budget 2022-23 [Live Updates]
The budget largely focuses on Pakistan’s fiscal policy, which will strive to maintain Pakistan’s economic growth at over 5 percent,… Read More
Ignite Approves Launch of New Funds for Pakistani Startups and Innovators
The 91st meeting of the Board of Ignite National Technology Fund approved the annual budget for 2022-23 and the revamped… Read More
PSX Among Asia’s Worst Performing Markets
Pakistan Stock Exchange (PSX) is among five Asian equity markets which showed negative growth in the first nine months of… Read More
Country’s Spending on Education as Percentage of GDP Declined in FY22
The cumulative education expenditures by federal and provincial governments in the fiscal year 2020-21 declined to 1.77 percent of GDP… Read More
SBP Reserves Drop $497 Million to $9.226 Billion
The foreign exchange reserves held by the central bank decreased 5.1 percent on a weekly basis, according to data released… Read More
