Tag Archives: Budget

The last fiscal year concluded with a mammoth fiscal deficit of 6.6 percent of GDP (Rs2.260 trillion) and a record $18 billion (5.7 percent of GDP) current account deficit. It was in this backdrop that the government came up with …

Is the incumbent government righting the wrongs of the erstwhile government with the presentation of the mini-budget? Was the mini-budget sine qua non to stabilize the economy? Was the presentation of the mini-budget only way out to address the conundrums …

New government immediately after assuming power started working on reviving the economy of the country. Federal Minister for Finance, Revenue, and Economic Affairs presented certain revisions in the federal budget for fiscal year 2018-19 approved in May 2018 to the …

The government made fiscal adjustments of Rs815 billion or 2.1 percent of the GDP for bringing down the budget deficit from forecasted 7.2 percent to 5.1 percent of the GDP by striking out development outlay and raising tax rates for …

  Pakistan: Consumer Price Index by group of commodities and services (Base 2007-08) Group Group Weight (%) Indices % Change August 2018 Over Impact (In % points) August 2018 Over July 2018 Aug 2017 July 2018 Aug 2017 July 2018 …

In an attempt to usher change in the way economy of Pakistan is managed, the incumbent government headed by Imran Khan has submitted some proposals to make some ‘desirable and people friendly changes in the budget 2018-19’ before the parliament …

Pakistan ranked third largest fiscal deficit country among 36 economies: ADB Pakistan recorded a record budget deficit of Rs2.26 trillion (6.6 percent of GDP) in the last financial year 2017-18 due to a lagged performance of the tax machinery and …

The telecom sector needs to be granted industrial status. Before the current fiscal year budget, a high-level representatives of telecom companies working in Pakistan had demanded of the government to grant telecom sector industrial status and slash down rate of …

It may or may not be true that the sentiments are the reasons for the performance of Pakistan Stock Exchange. Well, markets need to be driven by fundamentals not by sentiments. A poor or hasty decision about a certain sector …

Does the Coalition’s tax plan favour high earners over those with lower incomes? Depending whom you listen to, the tax cuts, unveiled in last month’s federal budget, lead to either a flatter, more regressive tax system under which low-income earners …