Saudi Arabia posts budget deficit of $3.30bn in Q1 RIYADH: Saudi Arabia posted a budget deficit of 12.387 billion riyals ($3.30 billion) in the first quarter of 2024,... Published 06 May, 2024 05:30am
World Saudi Arabia posts budget deficit of $3.30 billion in first quarter RIYADH: Saudi Arabia posted a budget deficit of 12.387 billion riyals ($3.30 billion) in the first quarter of 2024,... Published 05 May, 2024 09:12pm
Print SOEs: PM for speeding up sell-off process ISLAMABAD: Prime Minister Shehbaz Sharif has directed to speed up the process of reforms and privatisation of... Updated 05 Apr, 2024 09:57am
Business & Finance Enhancement of tax-to-GDP ratio: ‘Govt should curtail tax evasion, illicit trade in major sectors’ LAHORE: “The government could enhance the tax-to-GDP ratio, increase tax collection and reduce the budget deficit... Published 30 Mar, 2024 08:03am
Editorials The IMF package EDITORIAL: A Pakistan Tehreek-e-Insaf Khyber Pakhtunkhwa government spokesperson on the economic affairs has ... Published 30 Mar, 2024 04:58am
Editorials Increase in debt burden EDITORIAL: Total domestic and external debt stocks rose by 6 percent during the first seven months of the current... Published 09 Mar, 2024 04:59am
World Saudi Arabia posts 2023 budget deficit of $22 billion DUBAI: Saudi Arabia posted a fiscal deficit of 80.9 billion riyals ($21.57 billion) in 2023, slightly narrower than... Published 15 Feb, 2024 05:39am
Print Six-month budget deficit soars to 2.3pc of GDP ISLAMABAD: The budget deficit during the first six months of the ongoing fiscal year increased to 2.3 percent of the... Updated 30 Jan, 2024 08:48am
Print IMF revises deficit upward to 7.7pc of GDP ISLAMABAD: The International Monetary Fund (IMF) has upward revised the budget deficit (excluding grants) to 7.7... Updated 21 Jan, 2024 09:34am
World Saudi expects budget deficits in 2023, 2024: finance ministry RIYADH: Saudi Arabia on Wednesday announced it was projecting a budget deficit of 2 percent of GDP in 2023 and 1.9... Published 06 Dec, 2023 08:04pm
Editorials Discos’ infrastructure needs EDITORIAL: The Asian Development Bank’s (ADB’s) revelation that “significant investment is required in ... Published 08 Nov, 2023 05:42am
Opinion Crisis is the moment for home-grown solutions Containment of fiscal deficit should be and is the first priority. In this respect extensive data released on Q1... Updated 06 Nov, 2023 06:11am
Business & Finance KSA posts budget deficit of $9.5bn in 3Q DUBAI: Saudi Arabia posted a budget deficit of 35.8 billion riyals ($9.54 billion) in the third quarter, data... Published 06 Nov, 2023 05:27am
Business & Finance Businessman underscores need for implementing structural reforms LAHORE: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) Presidential Candidate for the upcoming... Published 29 Oct, 2023 03:25am
Editorials Consolidated fiscal operations EDITORIAL: The Finance Ministry uploaded a summary of the consolidated federal and provincial fiscal operations for... Published 27 Oct, 2023 05:16am
Print Govt closes Q1 with budget deficit of 0.9pc of GDP ISLAMABAD: The government has closed the first quarter of the current fiscal year (July-Sept 2023-24) with a budget... Updated 26 Oct, 2023 09:02am
Business & Finance Growing national debt termed ‘a bad omen’ KARACHI: Pakistan’s total debt (external and domestic) is on surge, reaching the historic mark of Rs. 64 trillion... Published 09 Oct, 2023 06:24am
Opinion SOEs, fiscal discipline & reforms Despite a wave of privatization in the last 3 decades, SOEs still contribute significantly to the economic growth of... Updated 08 Sep, 2023 06:31am
Editorials Economy: caretakers indecisive or dilatory? EDITORIAL: The federal caretaker cabinet meeting last Tuesday, reportedly (as no press release was issued or a press... Published 31 Aug, 2023 06:00am
Business & Finance Debt servicing hits record high of Rs5.831trn: FY23 closes with 7.7pc budget deficit ISLAMABAD: The government closed the last fiscal year (2022-23) with a budget deficit of 7.7 percent or Rs6.521... Updated 18 Aug, 2023 09:49am
Business & Finance Aramco boosts dividend as Q2 profit drops 38pc to $30.1bn To announce investments in China chemicals sector Published 15 Aug, 2023 06:30am
Opinion Budget Rupee Account: FY2023-24 to FY2027-2028 In the earlier two articles the focus was on the foreign (external) currency account of Pakistan. In this article ... Published 11 Aug, 2023 05:17am
Editorials Plus ca change, plus c’est la meme chose EDITORIAL: In an overarching drive to launch development projects before the term of the government expires, a drive... Published 01 Aug, 2023 06:19am
Opinion Power sector remains Pakistan’s Achilles heel The power sector continues to be a major source of concern with circular debt a high of 2.6 trillion rupees at... Published 31 Jul, 2023 06:43am
Opinion Managing the BoP The balance of payments (BoP) figures for the full-year, 2022-23, have just been released by the SBP. They reflect... Updated 25 Jul, 2023 06:52am
Editorials Inflation down MoM EDITORIAL: Consumer Price Index (CPI) for June dropped by 8.6 percentage points compared to the month before – ... Published 05 Jul, 2023 06:00am
Print Risks undermining MTDS targets identified ISLAMABAD: The estimates of key economic indicators are prone to certain risks and vulnerabilities that could cause... Updated 04 Jul, 2023 09:08am
Business & Finance Budget 2023-24: ‘high earners’ to pay a higher income tax as govt revises rates Budget proposals originally maintained income tax rates before govt amended the Finance Bill Updated 26 Jun, 2023 06:40pm
Print Expert speaks about PKR’s real effective exchange rate ISLAMABAD: Pakistan Real Effective Exchange Rate (REER) could have been Rs322 by the end of June 2023 as most... Updated 26 Jun, 2023 09:15am
Pakistan Budget places emphasis on ‘growth-inducing’ sectors: PM Shehbaz Says procurement of crude oil from Russia is part of energy security plan Published 12 Jun, 2023 03:56pm
