The banking sector exhibited a consistent performance with all major indicators touching all-time high marks including assets, deposits, financing and… 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
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
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
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
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
Telecom Sector Contributed Over Rs. 163 Billion in Taxes in July-March FY22: Economic Survey
The telecom sector contributed Rs. 163.3 billion to the national exchequer in terms of taxes, regulatory fees, initial and annual… 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
