This Week

The current account deficit during the first eight months (July-Feb) of this fiscal 2016-17 has reached $5.47 billion compared to $2.48 billion in the same period of the previous fiscal year. Analysts say lackluster exports, rising imports and weakening remittances …

Last month, the International Monetary Fund (IMF) raised its concerns over Pakistan’s widening fiscal deficit outlook and warned that the challenges on fiscal, external and energy fronts could affect the hard-won stability gains in the period ahead and called for …

The term Genchi Genbutsu literally translates from Japanese as ‘going to the source’. In order to solve the problem within an automotive industry or any other related field, the best way to understand the root cause of the problem is …

Balochistan is the most backward province, which is also far behind from other provinces in economic development. The least developed province lacks infrastructure that discourages investment for industrial development. The existing road network in Balochistan is in a dire need …

Pakistan’s fiscal deficit was bound to increase in financial year 2017-18. The government is likely to set the next fiscal year’s budget deficit target at around Rs1.44 trillion. Owing to general election ahead there will be higher expenditure and relatively …

Bank of China gets license to commence its business in branch mode The Bank will fulfill minimum capital requirements of $50 million State Bank of Pakistan (SBP) has issued a banking license to the Bank of China. The Bank will …

PAKISTAN MARKET INDICATORS EXCHANGE RATES CURRENCY ACTIVITY Friday 7-Apr Friday 14-Apr Friday 21-Apr Friday 28-Apr Friday 5-May Friday 12-May DOLLAR Buying 106.2 106.15 106.1 106 105.75 105.9 Selling 106.5 106.45 106.4 106.3 106.05 106.2 POUND Buying 131.5 132 135 135.75 …

BUDGETARY POSITION OF PAKISTAN (Rs. In Million) Classification Budget 2015-16 Revised Budget 2015-16 Budget 2016-17 I) RESOURCES ( a + b) 4,168,338 4,279,705 4,441,965 a. Internal Resources 3,366,827 3,406,416 3,572,354 Revenue Receipts (Net) 2,463,351 2,480,671 2,779,695 Capital Receipts (Net) 606,303 …

Healthcare financing remained complex problem that developing nations are faced with. Market failure often compels states to step in to administer and offer health services and goods to the citizens. However, lack of resources, double burden of diseases, population growth …

Present government is firmly committed to promote education, improve literacy rate, capacity building of educators and providing enhancement facilities in all educational institutes. Federal and provincial governments are committed to offer free education up to the Matric level in the …