The quagmire of local-law domestic debt restructuring As is widely understood, Pakistan is facing the dual dilemma of foreign debt servicing that has placed her foreign... Updated 19 Jun, 2023 10:12am
Opinion Residual thoughts on FY24 budget The budget 2023-24 envisages 23.7 billion dollars of external borrowing – an amount premised on a rupee dollar... Published 19 Jun, 2023 07:12am
Business & Finance BMP of FPCCI expresses its dismay at LSM slide LAHORE: The Federation of Pakistan Chambers of Commerce and Industry’s Businessmen Panel (BMP), has expressed its... Published 19 Jun, 2023 06:55am
Print FY2023-24 budget: Govt describes tax exemptions as growth ‘triggers’ Says it is sustainable path to provide employment and livelihood to common citizen Updated 17 Jun, 2023 09:00am
Print Response to MPs’ queries about IMF: Dar says ‘odd politics’ being played against country ISLAMABAD: Finance Minister Ishaq Dar on Friday said odd politics is being played against Pakistan, in response to... Updated 17 Jun, 2023 08:59am
Business & Finance Multilateral debt country’s biggest problem: Pasha ISLAMABAD: Former Finance Minister Dr Hafiz Pasha Thursday said Pakistan’s foreign exchange reserves are 16 ... Published 16 Jun, 2023 07:08am
Opinion Budget 2023-24: Impediments to a viable economy The provisional data issued by the National Accounts Committee portray a bleak picture of the economy where real GDP... Published 16 Jun, 2023 06:27am
Opinion Understanding and addressing fault lines–I The Economist in its edition of May 13-19th 2023 has pointed out that the 10-year USD-denominated sovereign bond of... Updated 15 Jun, 2023 06:39am
Business & Finance OICCI’s survey highlights decline in business confidence KARACHI: The Overseas Investors Chamber of Commerce and Industry (OICCI) has shared the results of a comprehensive... Updated 14 Jun, 2023 08:59am
Pakistan Opposition describes federal budget as ‘mere fudging of figures’ ISLAMABAD: The opposition on Monday dismissed the new federal budget as “mere fudging of figures and gross... Published 13 Jun, 2023 06:00am
Business & Finance SBP leaves policy rate unchanged KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) has decided to keep the policy rate... Updated 13 Jun, 2023 12:26pm
Print Tax expenditures constitute 36.43pc of FBR tax collection? ISLAMABAD: The tax expenditures remained 36.43 percent of the total Federal Board of Revenue (FBR) tax collection in... Updated 12 Jun, 2023 08:43am
Opinion Full of sound and fury An exercise in futility at best, extreme folly at worst, are the most appropriate epithets for the budget 2023-24... Updated 10 Jun, 2023 01:05pm
Print PTI rejects budget ISLAMABAD: Pakistan Tehreek-e-Insaf (PTI) on Friday said that Ishaq Dar gave an “Instagramable budget with filters... Updated 10 Jun, 2023 08:52am
Print Rs97.098bn earmarked for education affairs, services ISLAMABAD: The government has earmarked Rs97.098 billion for education affairs and services in the federal budget... Updated 10 Jun, 2023 08:44am
Print PML(N)-led coalition govt struggles to strike a delicate balance between outright populism & fiscal discipline Dar presents Rs14.5trn budget Budget closely watched by IMF 3.5% economic growth target set Fiscal deficit target set at 6.54% of GDP Govt targets inflation at 21% Total spending target of 14.46 trillion rupees set Defence expenditure estimated at 1.8 trillion rupees Targets total tax revenue of 9.2 trillion rupees Targets total non-tax revenue of 3 trillion rupees $30 billion export target set No new tax on industrial sector Published 10 Jun, 2023 05:00am
Pakistan Economic Survey: Cumulative education expenditures estimated at 1.77pc of GDP ISLAMABAD: The cumulative education expenditures by federal and provincial governments in fiscal year 2022 is... Published 09 Jun, 2023 06:20am
Opinion What does Economic Survey lack? Economic Survey 2022-23, unlike previous surveys, raises more questions of competence as opposed to credibility,... Published 09 Jun, 2023 06:20am
Print Unemployment rate fell to 6.3pc in FY21 ISLAMABAD: Pakistan’s unemployment rate fell to 6.3 percent in 2020-2021 from 6.9 per cent in 2018-2019, according... Updated 09 Jun, 2023 08:59am
Print Statistical appendices: Survey severely limited ISLAMABAD: The Economic Survey 2022-23 released amidst much fanfare by Federal Finance Minister Ishaq Dar is... Updated 09 Jun, 2023 08:58am
Print World Bank revises Pakistan’s GDP growth downward to 0.4pc Projects GDP growth rate at 2pc for next fiscal year of 2023-24 Updated 07 Jun, 2023 10:30am
Business & Finance FPCCI advocates ‘industrial amnesty scheme’ KARACHI: The Federation of Pakistan Chambers of Commerce and Industry (FPCCI) has suggested that the government... Published 06 Jun, 2023 05:33am
Opinion Imagineering implementation of energy reforms-VII Pakistan requires sustained GDP growth of 7-9% for 30 years. For that, by 2030 Agriculture will need to achieve 6%... Published 04 Jun, 2023 03:35am
Print PSDP allocates Rs1.1trn: Govt sets 3.5pc GDP growth target for FY24 Rs150 billion earmarked for Public-Private Partnership Updated 03 Jun, 2023 02:34pm
Business & Finance Climate change issues: Pakistan cannot afford around 9pc GDP losses: Sherry ISLAMABAD: Federal Minister for Climate Change Senator Sherry Rehman has said that Pakistan cannot afford around ... Published 02 Jun, 2023 03:56am
Opinion I must respectfully disagree with IMF official Please refer to the news item titled “Shortage of goods, plant closures: IMF identifies import curbs as the real... Published 01 Jun, 2023 03:34am
Opinion Growth rate: PBS under the spotlight The provisional estimates for 2022-23 of the GDP by sector and by expenditure have been released recently by the... Published 30 May, 2023 03:37am
Opinion FY23: Uncovering drivers of economic performance The National Account numbers for FY2023 have been published and, unfortunately, they paint a truly dismal picture of... Published 30 May, 2023 03:37am
Print Bringing energy efficiency to industrial sector: World Bank advocates establishing credit line WB in consultation with the National Energy Efficiency & Conservation Authority is implementing two substantial technical assistance activities to the scoping and implementation of EE&C measures in Pakistan Updated 26 May, 2023 09:00am
Editorials Political will only way to boost tax base EDITORIAL: Ironically, tax-to-GDP ratio is below 10 percent in Pakistan, well below the level required for any... Published 26 May, 2023 06:48am