Beyond NGC’s tariff determination Published 24 Jul, 2026 05:06am EDITORIAL: Power regulator Nepra’s determination of the National Grid Company’s (NGC) multi-year tariff for FY23...
Borrowings, mark-up payments: Policy rate hike pushed up FY23 cost Updated 17 May, 2024 09:44am The expenditure on mark-up payments was Rs5,696 billion in fiscal year 2022-23 against Rs3,950 billion estimated in the budget
Audit report for FY23 tax period: AGP objects to FBR’s increased reliance on WHTs Published 17 May, 2024 05:50am ISLAMABAD: The Auditor General of Pakistan (AGP) has strongly objected that the Federal Board of Revenue (FBR) has...
Time to act: 9 cents/kWh Updated 15 May, 2024 06:28am The country faces daunting economic challenges. A shrinking industrial base, a bulging workforce with no jobs to...
Profit, dividend: Jul-Mar repatriation jumps 256pc to $830.5m YoY Published 01 May, 2024 04:14am KARACHI: The repatriation of profit and dividend by foreign investors rose significantly by 256 percent during the...
C/A posts 3rd highest monthly surplus in March Published 23 Apr, 2024 03:41am KARACHI: The country’s external account is performing well, posting the third highest monthly current account...
Debt sustainability: Elevated gross financing needs constitute high risk: IMF Published 21 Jan, 2024 03:10am ISLAMABAD: The International Monetary Fund (IMF) has said that elevated gross financing needs continue to pose high...
NBFC sector sees 35.9% asset growth in FY23: SECP Published 06 Dec, 2023 10:05pm The collective asset base of the Non-Banking Finance Companies (NBFC) sector stood at Rs2.87 trillion as of June 20,...
Pakistan as an export hub Published 15 Jul, 2023 06:08am EDITORIAL: Planning Minister Ahsan Iqbal’s claim that the government was striving to turn Pakistan into an export...
FY23 remittances fall 13.6pc to $27bn YoY Published 11 Jul, 2023 06:08am KARACHI: Workers’ remittances declined by 13.6 percent to $27 billion in the fiscal year FY23 as compared to...
Jul-May period: C/A deficit narrows by 81pc on lower import bill Updated 20 Jun, 2023 09:00am KARACHI: The country’s current account deficit fell sharply, ie, 81 percent during the first 11 months of the...
FY23: Uncovering drivers of economic performance Published 30 May, 2023 03:37am The National Account numbers for FY2023 have been published and, unfortunately, they paint a truly dismal picture of...
FY23 Q1 budget deficit rises 43pc to Rs809bn YoY Updated 25 Dec, 2022 03:54pm Budget deficit was 438 billion rupees in the same period of the last financial year
Analysts optimistic about prospects of Pakistan-Russia oil deal Published 07 Dec, 2022 05:54am KARACHI: Pakistan may save around $1.0 billion annually or 6.0 percent of the total energy bill of $18 billion...
CAD: welcome decline Published 24 Nov, 2022 04:28am EDITORIAL: Pakistan’s current account deficit (CAD) has fallen sharply by 47 percent during the first four months...
Lower imports: Jul-Oct CAD plummets 47pc YoY Published 22 Nov, 2022 03:23am KARACHI: The country’s current account deficit fell sharply by 47 percent during the first four months of this...
Jul 1-Sept 2 govt borrowing rises 21pc to Rs58bn YoY Updated 17 Sep, 2022 09:57am KARACHI: The borrowing for budgetary support rose by 21 percent during a little over first two months of this fiscal...
Aug remittances post 8pc growth MoM Published 14 Sep, 2022 04:45am KARACHI: Inflows of workers’ remittances posted 8 percent growth during August 2022, the State Bank of Pakistan...
SBP sets Rs1.8trn agri credit target for FY23 Updated 27 Aug, 2022 09:47am KARACHI: The State Bank of Pakistan (SBP) has assigned annual agriculture credit disbursement target of Rs 1,800...
July remittances down 8pc YoY Published 17 Aug, 2022 06:07am KARACHI: Inflows of workers’ remittances fell by 8 percent during the first month of this fiscal year (FY23), the...
FY23 CAD will likely present a pleasant prospect Updated 09 Aug, 2022 09:24am Experts expect it to clock in at $8.7 billion or 2.3% of GDP
India’s Punjab & Sind bank chief declares war against bad loans Published 03 Aug, 2022 04:55am MUMBAI: The focus for India’s Punjab & Sind Bank is to reduce its bad loans and improve recoveries to ensure...
Weighed mainly by global commodity prices: SBP sees FY23 most challenging for economy Updated 21 Jul, 2022 11:24am Official says Pakistan’s import bill and political instability are main reasons for depreciation of the rupee
Bond, money markets rally as yields fall 30-70bps Updated 16 Jul, 2022 12:37pm Analyst says yields have started falling since Pakistan reached accord with IMF
Inflation may remain on the higher side: SBP Updated 08 Jul, 2022 09:27am KARACHI: The State Bank of Pakistan (SBP) Thursday forecast that inflation is likely to remain on the higher side...
Rs7.4trn FY23 target: Tola urges govt to ‘streamline’ taxation system Published 30 Jun, 2022 06:07am LAHORE: Leading tax expert Ashfaq Tola has urged the government to streamline its taxation system to attain a tax...
FY23 electricity charges: PU to make Rs795m payment Published 27 Jun, 2022 06:06am LAHORE: The Punjab University will pay Rs 795 million in the head of electricity charges during the year 2022-23....
Refineries: Ideal time to initiate ‘deep conversion’ project, say experts Published 24 Jun, 2022 06:15am KARACHI: This is high time for local refineries to execute ‘Deep Conversion Project’ which will increase ...
Rewriting the budget 2022-23 Published 24 Jun, 2022 06:15am EDITORIAL: The International Monetary Fund (IMF) has uncharacteristically uploaded the following sentence on its...
Donor agencies: Punjab expects $545.49m inflows in FY23 Published 22 Jun, 2022 05:58am LAHORE: The Punjab government is expecting cash inflows amounting to US$ 545.49 million from different donor ...