The headline inflation measured by the Consumer Price Index (CPI) was recorded at 11 percent on average during July-April 2021-22… Read More
Agreement with IMF Against Public Interest: Shaukat Tarin
Former finance minister Shaukat Tarin Thursday said that the agreement with International Monetary Fund (IMF) would not serve the interest… Read More
Finance Minister Defends Payments to Chinese IPPs Under CPEC Energy Framework
Federal Finance Minister Miftah Ismail has defended giving payments to Chinese Independent power producers (IPPs) under the China-Pakistan Economic Corridor… Read More
Minimum Support Price for Cotton to be Set Between Rs. 8,000 and 9,000
The Senate Standing Committee on National Food Security and Research recommended fixing the minimum support price for cotton at Rs.… Read More
Govt Must Work on Harmonization of GST: Finance Minister
Federal Minister for Finance and Revenue, Miftah Ismail has said that to have ease of doing business, harmonization of general… 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
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
KP Achieves Highest Literacy Rate Growth Among All Provinces
The federal government has launched the Pakistan Economic Survey (PES) 2021-22, detailing how the national economy performed in the current… Read More
Indirect Taxes Account for 60% of Total Tax Collection in FY22: Economic Survey
Indirect taxes contributed to more than 60 percent of the Federal Board of Revenue’s (FBR) total tax collection during 2021-22.… 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
Pakistan’s Health Sector in Shambles Due to Govt Negligence
Pakistan’s health-related expenditure increased by 30 percent from Rs. 505.4 billion in FY2020 to Rs. 657.2 billion in FY2021. As… Read More
Pakistan’s Public Debt Soars Above Rs. 44 Trillion: Economic Survey
Pakistan’s total public debt was recorded at Rs. 44,366 billion at the end-March 2022, registering an increase of Rs. 4.5… Read More
