Budget
-
Pakistan budget needs additional measures to meet goals: IMF | The Express Tribune
.
[ad_1] ISLAMABAD: Additional measures will be needed to bring Pakistan’s budget for fiscal year 2022-23 in line with the key objectives of its International Monetary Fund programme, the lender’s resident representative in Islamabad said on Monday. The federal government unveiled a Rs9.5 trillion budget for 2022-23 on Friday aimed at tight fiscal consolidation in a…
-
Stock market gains 1.7% on budget optimism | The Express Tribune
.
[ad_1] KARACHI: Bulls dominated the Pakistan Stock Exchange during the outgoing week as investors remained optimistic and started the trading week on a positive note amid the federal budget announcement. The investors took fresh positions and opted to cherry-pick stocks as the week began with positive news that the government was setting the budget deficit…
-
Experts, industrialists shed light on coalition govt’s budget for FY23
.
[ad_1] Representational image. — Unsplash The Shehbaz Sharif-led government has unveiled a Rs9.502 trillion “tough” but “progressive and relief-oriented” budget for next fiscal year 2022-23 as it seeks to stabilise the country’s economy. The proposed budget focused on fiscal consolidation to curtail overall deficit, prioritising practical austerity measures along with strategies to enhance tax-to-GDP (gross…
-
Defence budget up by 2.7% amid economic crunch | The Express Tribune
.
[ad_1] ISLAMABAD: The federal government has proposed a 2.69 per cent increase in the defence budget as Pakistan is facing an economic crunch and thus resorting to unpopular measures to avoid a potential default. The budget document on Friday showed that the defence outlay for fiscal year 2022-23 would be Rs1,523 billion as compared to…
-
Finance Minister Miftah Ismail presents FY23 budget | The Express Tribune
.
[ad_1] The coalition government headed by the Pakistan Muslim League-Nawaz (PML-N) has started presenting its “growth and investment-oriented” budget for Financial Year 2022-23 in the National Assembly. The budget is being presented by Finance Minister Miftah Ismail According to the government, this budget would lay “the foundation for future growth budgets” with its focus on…
-
Govt unveils Rs9.5 trillion federal budget for 2022-23 | The Express Tribune
.
[ad_1] The coalition government headed by the Pakistan Muslim League-Nawaz (PML-N) has started presenting its “growth and investment-oriented” budget for Financial Year 2022-23 in the National Assembly. Miftah Ismail, while presenting the budget proposals, said that out of total Rs9.502 trillion budget, an amount of Rs3,950 billion had been allocated for debt servicing and Rs800…
-
Budget 2022-23 to be presented today
.
[ad_1] A representative image. ISLAMABAD: The incumbent coalition government is all set to present the federal budget for the fiscal year 2022-23, with an estimated outlay of over Rs9 trillion, on June 10 (Friday). The National Assembly is already in session where the budget for the fiscal year 2022-23 would be presented by Finance Minister…
-
Rs9.5t outlay budget today | The Express Tribune
.
[ad_1] ISLAMABAD: Finance minister Miftah Ismail will present the current Pakistan Muslim League-Nawaz (PML-N)-led coalition government’s first budget on Friday (today) with a total outlay expected to be Rs9.5 trillion. It is learnt that the federal expenditure has been estimated around Rs9.5 trillion – Rs350 billion more than this year’s revised budget of over Rs9…
-
Link between budget and current account deficits | The Express Tribune
.
[ad_1] KARACHI: The budget deficit and the current account deficit are the two critical problems for Pakistan’s economy. Every previous government has struggled to tame these two beasts but has failed miserably. They have become extremely resilient and unmistakably recurrent in Pakistan’s recent history. This is because they are a natural culmination of the structure…
-
Ministries face steep budget cut | The Express Tribune
.
[ad_1] ISLAMABAD: The cash-starved government has proposed a steep reduction in the development budget allocation for the ministries in the next fiscal year against the original spending plans for the outgoing year but has kept Rs40 billion for the parliamentarians’ schemes despite fiscal constraints. The Ministry of Planning and Development has issued indicative budget ceilings…
