Pakistan Stock Exchange (PSX) is among five Asian equity markets which showed negative growth in the first nine months of… Read More
Pakistan’s Power Generation Capacity Nears 42,000MW
The total electricity generation capacity during July-April 2022 increased by 11.5 percent to reach 41,557MW from 37,261MW during the same… Read More
Senate Passes Fiscal Responsibility and Debt Limitation Bill
The Senate on Thursday passed the Fiscal Responsibility and Debt Limitation (FRDL) (Amendment) Bill, 2022 with a majority vote. The… Read More
Govt’s Outstanding Guarantees Hit Rs. 2.7 Trillion in FY22
The outstanding government guarantees have reached Rs. 2,700 billion, revealed the Pakistan Economic Survey 2021-22, published by the Finance Division… Read More
Average Headline Inflation Increased Considerably in FY22: Economic Survey
The headline inflation measured by the Consumer Price Index (CPI) was recorded at 11 percent on average during July-April 2021-22… Read More
Petroleum Subsidies Acted as Double-Edged Sword for the Economy: Economic Survey
The relief package on oil prices in the country given by the previous government acted as a double-edged sword as… Read More
Govt Unveils Pakistan Economic Survey with Promise of Economic Stability Next Year
Federal Minister for Finance and Revenue Miftah Ismail on Thursday formally launched the ‘Pakistan Economic Survey 2021-22’, the pre-budget document… Read More
Tax Exemptions Grew By 33% in FY22: Economic Survey
The annual cost of tax exemptions increased by Rs. 443 billion (33 percent) to Rs. 1.757 trillion during the outgoing… Read More
Govt Borrowing from Banking System Up by Massive 146% in FY22
The government sector borrowing increased to Rs. 1,586.8 billion for budgetary support during the period July 1st -29 April FY22… Read More
Unemployment Rate Dropped to 6.3% in PTI’s Last Year in Power
The federal government has launched the Pakistan Economic Survey (PES) 2021-22, detailing how the national economy performed in the current… Read More
Auto Sector Contributed Heavily to Growth of LSM Sector in Last 7 Years
Pakistan Economic Survey (PES) report has revealed some interesting insights regarding the country’s sector-wise growth. According to the document, the… Read More
11 Science and Technology Schemes Dropped from PSDP Due to Financial Constraints
The government has dropped 11 new projects of the Ministry of Science and Technology (MoST) that had been proposed by… Read More
