Liabilities of loss-making SOEs range from 12-18pc of GDP, says World Bank SOE sector in Pakistan is more than twice as large as the international benchmark, says report Updated 30 Jun, 2021 12:39pm
Business & Finance Gujranwala, Gujrat, Sialkot: Punjab govt to establish special industrial zones in three districts LAHORE: The Punjab government has decided to establish special industrial zones on 2,041 acres in three districts -... Published 25 Jun, 2021 04:20am
Pakistan IMF says Pakistan talks ongoing, further discussion needed on structural reforms IMF spokesman Gerry Rice declines to say if disbursements under $6 billion financing program had been halted Published 24 Jun, 2021 08:27pm
Opinion A fragile federal budget — I The Budget for 2021-22 has been presented and awaits parliamentary approval. This article is in two parts and... Published 22 Jun, 2021 04:46am
Markets Gulf states will take at least 10 years to end oil dependence: Moody’s DUBAI: Countries in the oil-exporting Gulf will remain heavily dependent on hydrocarbon production for at least the... Published 22 Jun, 2021 04:46am
Print World economy back at pre-pandemic level: IHS Markit PARIS: The global economy has surpassed its pre-pandemic peak, data survey firm IHS Markit said Monday, as the... Published 22 Jun, 2021 04:46am
Pakistan Fight against corruption high priority: NAB chief ISLAMABAD: Chairman of National Accountability Bureau (NAB) former Justice Javed Iqbal has said that corruption is... Published 21 Jun, 2021 03:43am
Business & Finance Saudi inflation rate rises again in May, hits 5.7% Consumer prices rose slightly on a month-on-month basis, by 0.2%. Published 15 Jun, 2021 12:42pm
Business & Finance COMMENTS ON FY2020-21 BUDGET INTRODUCTION OF SPECIAL TAX REGIME FOR SMALL AND MEDIUM SIZE MANUFACTURING ENTERPRISE The Bill proposes to ... Published 14 Jun, 2021 03:39am
Business & Finance Federal Budget 2021-22: Comments & Observations General Comments: The Budget Presented on Friday [June 11, 2021] is one of the best documents presented in almost... Published 14 Jun, 2021 03:39am
Business & Finance UBG officials term budget balanced in present circumstances KARACHI: Patron-in Chief of United Business Group (UBG) S M Muneer and UBG President Zuberi Tufail have termed the... Published 13 Jun, 2021 03:56am
Budget 2021-22 What some of the budget measures mean Business Recorder helps break down some of the proposals that may impact you Published 12 Jun, 2021 09:24pm
Print Allocation for defence raised by 6.2percent ISLAMABAD: Allocation for defence for Fiscal Year 2021-22 has been raised by 6.2 percent, from Rs1.292 trillion in... Published 12 Jun, 2021 05:04am
Pakistan No relief for poor in budget: PML-N LAHORE: Pakistan Muslim League-Nawaz (PML-N) has rejected budget 2021-22, saying the incompetent government has... Published 12 Jun, 2021 05:04am
Business & Finance Rs91.97bn earmarked for education affairs, services ISLAMABAD: The government has earmarked Rs 91.97 billion for the education affairs and services in the federal ... Published 12 Jun, 2021 05:04am
Budget 2021-22 Proposal to tax internet data usage criticised as reactions to budget pour in Finance Minister Shaukat Tarin announced proposals in speech earlier on Friday Updated 11 Jun, 2021 08:49pm
Budget 2021-22 Pakistan targets 4.8% GDP growth in upcoming fiscal year Finance minister unveils third budget of PTI government CGT reduced on sale of shares No new taxes on salaried persons in upcoming fiscal year Updated 12 Jun, 2021 05:06am
Print Installed power capacity grows 3.6pc ISLAMABAD: The country’s installed capacity of electricity has posted a growth 3.6 percent to 37,261 MW till April... Published 11 Jun, 2021 03:41am
Print Agri sector grows 2.8pc ISLAMABAD: The agriculture sector in the country witnessed 2.8 percent growth July-March 2021 as per Economic Survey... Published 11 Jun, 2021 03:41am
Business & Finance Economic Survey 2020-21: Expenditure on education stands at 1.5pc of GDP Islamabad: Pakistan’s literacy rate is stagnant at 60 percent in 2019-20 since 2014-15, while cumulative education... Published 11 Jun, 2021 03:41am
Business & Finance Around 97pc of MSMEs functioning in informal sector KARACHI: Around 97pc of micro, small and medium enterprises (MSMEs) are under individual ownership and mainly ... Published 11 Jun, 2021 03:41am
JP Morgan puts weight behind Pakistan's economy, but cautions over challenges In its report, 'Pakistan: Reassessing the investment thesis', JP Morgan says impact of remittances to fade in coming months Updated 10 Jun, 2021 09:47pm
Pakistan Defence budget: Rs1.33trn to be allocated in FY2021-22 ISLAMABAD: Total defence allocation for next fiscal year (2021-22) would be 17 percent of the total budget and 2.6... Published 08 Jun, 2021 04:09am
Print Annual plan 2021-22: Macroeconomic framework approved by NEC; Sindh CM speaks out on ‘injustices’ ISLAMABAD: A meeting of the National Economic Council (NEC) on Monday approved macroeconomic framework for the next... Published 08 Jun, 2021 04:09am
Editorials Unwinding the stimulus EDITORIAL: The State Bank of Pakistan (SBP) Governor Dr Reza Baqir commented in a recent interview to a foreign... Published 07 Jun, 2021 03:34am
Business & Finance Budget FY22: 'Widening of tax base, incentives for industry can lift GDP' ISLAMABAD: The economic managers, in the upcoming federal budget 2021-22, should incentivize investors, broaden tax... Published 07 Jun, 2021 03:34am
Pakistan Elahi says hosting of World Environment Day a matter of pride LAHORE: Speaker Punjab Assembly Chaudhry Pervaiz Elahi said on Saturday that it is a matter of pride that this year... Published 06 Jun, 2021 02:56am
Supplements Ecosystem restoration: facts & figures • Restoration and other natural solutions can deliver one third of the mitigation needed by 2030 to keep global... Updated 13 Jun, 2021 12:03am
Print Budget outlay likely to be Rs 8trn KARACHI: The government is likely to set GDP growth target of 4.8 percent in the upcoming federal budget for FY22... Published 05 Jun, 2021 04:08am
Opinion India’s state of economy According to a Business Recorder news item “Indian economy contracted by record 7.3pc in 2020-21” carried by the... Published 02 Jun, 2021 04:29am