The economy of Pakistan rebounded from the coronavirus pandemic and continued to post a V-Shaped economic recovery with real GDP… Read More
Govt Likely to Restore Petroleum Levy in Budget 2022-23
The government is considering a proposal to restore the levy on petroleum products in the new budget for the upcoming… Read More
NEC Approves Rs 800 Billion PSDP and Growth Target of 5% for FY23
The National Economic Council (NEC) Wednesday approved the annual targets for the upcoming fiscal year 2022-23 including the GDP growth… Read More
Govt to Remove Distortion in Sales Tax of Pharmaceutical Industry
The Government of Pakistan is considering removing distortion in the sales tax regime for the pharmaceutical sector in the coming… Read More
Govt to Spend Rs. 767 Million on Gwadar’s Fishermen
Federal Minister for Maritime Affairs, Senator Faisal Ali Subzwari announced to provide 2000 motor boat engines for Rs. 500 million… Read More
Govt Allocates Rs. 42 Billion for Scholarships, Universities, Laptop Scheme and Education Projects
The Finance Division has approved to allocate Rs. 41.87 billion for 149 Public Sector Development Projects (PSDP) projects under the… Read More
Govt Set to Unveil Rs. 9.6 Trillion Budget for FY23
The coalition government led by Prime Minister Shehbaz Sharif will unveil a Rs. 9.6 trillion budget including Rs. 800 billion… Read More
Macroeconomic Framework Shared With IMF Targets Growth at 5.01% for FY23
Macroeconomic framework Shared with IMF targets GDP growth at 5.01% for fiscal year 2022-23. This framework got an official approval… Read More
Govt Grants Rs. 6 Billion to Education Ministry for FY2022-23
The Finance Division has approved allocating Rs. 6 billion to 27 Public Sector Development Projects (PSDP) under the Federal Education… Read More
Debt Burden Likely to Swell to Rs. 4 Trillion Next Fiscal Year
The burden of debt servicing on the national exchequer is likely to swell to Rs. 4 trillion due to heavy… Read More
Establishment Division Gets Rs. 800 Million for NIM, NCRD Complex and Other Projects
The Finance Division has approved to allocate Rs. 800 million to eight Public Sector Development Projects (PSDP) under the Establishment… Read More
Govt Allocates Rs 1.84 Billion for Aerospace Park and Other Projects
The Finance Division has approved to allocate Rs. 1.84 billion to six Public Sector Development Projects (PSDP) under the Defense… Read More
