Budget
-
Sindh approves Rs3.056 trillion budget for FY25 amid opposition unrest
.
[ad_1] This photo shows the interior view of the Sindh Assembly during a session. — APP/File The Sindh Assembly has passed the provincial budget for the fiscal year 2024-25 (FY25), rejecting all proposals from opposition lawmakers, who, as a protest turned the budget session into a pandemonium. The budget, with a staggering total outlay of…
-
NA passes tax-heavy budget as Pakistan looks to secure new IMF deal
.
[ad_1] Finance Minister Muhammad Aurangzeb addressing on the floor of the National Assembly, on June 28, 2023. — Facebook/@NationalAssemblyOfPakistan ISLAMABAD: The National Assembly on Friday passed the tax-heavy Finance Bill 2024 as the government seeks to secure the new International Monetary Fund (IMF) bailout package by fulfilling its requirements. The budget, for the fiscal year…
-
National Assembly approves budget 2024-25 amidst opposition criticism | The Express Tribune
.
[ad_1] ISLAMABAD: The National Assembly on Friday approved the federal budget of Rs18,877 billion for the fiscal year 2024-25 following the completion of the approval process. During the session, all opposition amendments were rejected unanimously. Prime Minister Shehbaz Sharif, Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto-Zardari, and Asifa Bhutto-Zardari participated in the proceedings, where the opposition…
-
GB presents Rs1.402 trillion budget for upcoming fiscal year
.
[ad_1] A file view of a session of the Gilgit-Baltistan Assembly. — Radio Pakistan/File GIlGIT: The Gilgit-Baltistan government has proposed a Rs1.402 trillion budget with a Rs19.07 billion subsidy for wheat in the upcoming fiscal year 2024-25. Presenting the budget in the provincial assembly, GB Finance Minister Engineer Ismail said that an amount of Rs86.6 billion…
-
Balochistan presents Rs930bn budget 2024-25
.
[ad_1] Balochistan Assembly seen in this undated image. — APP The Balochistan government on Friday presented its annual budget of Rs930 billion for the upcoming fiscal year 2024-25, with a surplus of Rs25 billion and special focus on education and health sectors. Balochistan Finance Minister Mir Shoaib Noshirwani tabled the Finance Bill 2025 on the…
-
Govt’s stats, economic survey ‘based on lies’, PTI on federal budget
.
[ad_1] Opposition Leader Omar Ayub Khan is addressing the National Assembly session on June 20, 2024. — Screengrab/YouTube/GeoNews ISLAMABAD: PTI Secretary-General and Leader of the Opposition in the National Assembly Omar Ayub Khan has slammed the budget 2024-25 unveiled by the federal government last week, saying that all figures and economic surveys are “based on…
-
Bilawal to air budget grievances with PM | The Express Tribune
.
[ad_1] ISLAMABAD/RAWALPINDI: As the upper and lower houses of parliament commence debates on the federal budget for the fiscal year 2024-25 today (Thursday), tensions are running high within the ruling coalition. The Pakistan Peoples Party (PPP), a key ally, remains at odds with the Pakistan Muslim League-Nawaz (PML-N) over grievances regarding the money bill both…
-
Pakistan budget to significantly reduce government debt, rating agency Fitch predicts | The Express Tribune
.
[ad_1] Fitch forecasts Pakistan’s FY25 budget to significantly reduce government debt, which is projected to decline to 68% of GDP by the end of FY24. This reduction is attributed to high inflation and deflator effects, which help offset soaring domestic interest costs. Fitch Ratings forecasts a concurrent decline in both inflation and interest costs, driven…
-
Balancing growth with fiscal realities in budget 2024-25 | The Express Tribune
.
[ad_1] KARACHI: The real task of budget makers was to present policy prescriptions that adhere to the broader contours of the International Monetary Fund (IMF). Apparently, the IMF has given a green signal, and the budget is good to go, pending last-minute tweaks to appease coalition partners. Indeed, the budget poses a significant challenge for…
-
Budget 2024-25: Sindh unveils Rs3.056tr budget with major focus on development, social welfare | The Express Tribune
.
[ad_1] KARACHI: Sindh Chief Minister Syed Murad Ali Shah on Friday presented a Rs3.056 trillion budget for the fiscal year 2024-25. The budget includes a significant increase in development expenditure and proposes salary hikes of 22 to 30 per cent. The budget allocates Rs959 billion, or 31 per cent, for development projects, highlighting a strong…
