Fiscal Deficit Pakistan
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Pakistan's Debt Crosses 70% Of GDP As Fiscal Deficit Blows Past Target
Pakistan's finance ministry has admitted that "public debt dynamics remained a key challenge" during the last fiscal year, as the increase in total public debt was "driven mainly by higher interest payments and exchange rate movements".
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Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
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Guns Over Growth? Pak Hikes Defence Budget By 20%, Slashes Overall Spending
Pakistan, whose overall debt has increased to nearly PKR 76,000 billion (approx USD 270 billion) in the first nine months of the current fiscal year, seems to be prioritising its military spending over development.
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Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
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Pakistan To Ban Officials From Buying New Cars To Secure IMF Bailout
Pakistan Finance Minister Miftah Ismail said on Friday the government would raise taxes on the rich and ban government officials from buying new cars, amid pressure to control the fiscal deficit.
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Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
Pakistan's Trade Deficit Widens To Record USD 30 Billion
Pakistan's trade deficit ballooned by 42 per cent year-on-year to an all-time high of USD 30 billion in the first 11 months of the current fiscal year on the back of falling exports and a sharp increase in the import bill, a media report said today.
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Pakistan Cricket Board Earns Profits of 800 Million Rupees
Najam Sethi, who is stepping down as PCB chairman as the board prepares for fresh elections on August 18 to elect a new chief, said the amount was the highest pretax profits since 2011 against budgeted deficit of 366 million rupees for this fiscal year.
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Pakistan's Debt Crosses 70% Of GDP As Fiscal Deficit Blows Past Target
Pakistan's finance ministry has admitted that "public debt dynamics remained a key challenge" during the last fiscal year, as the increase in total public debt was "driven mainly by higher interest payments and exchange rate movements".
-
Pakistan Misses 3 Out Of 5 IMF Targets Before 2nd Review Of $7 Billion Loan
Pakistan has missed three out of the five targets set by the International Monetary Fund (IMF) for the second review of the USD 7 billion bailout package, a media report said on Wednesday.
-
Guns Over Growth? Pak Hikes Defence Budget By 20%, Slashes Overall Spending
Pakistan, whose overall debt has increased to nearly PKR 76,000 billion (approx USD 270 billion) in the first nine months of the current fiscal year, seems to be prioritising its military spending over development.
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
Pakistan To Ban Officials From Buying New Cars To Secure IMF Bailout
Pakistan Finance Minister Miftah Ismail said on Friday the government would raise taxes on the rich and ban government officials from buying new cars, amid pressure to control the fiscal deficit.
-
Pakistan Hikes Fuel Prices To Unlock IMF Funding
The price hike has been the main issue between Pakistan and the IMF as part of an agreement to withdraw subsidies in oil and power sectors to reduce the fiscal deficit before the annual budget is presented next month.
-
Pakistan's Trade Deficit Widens To Record USD 30 Billion
Pakistan's trade deficit ballooned by 42 per cent year-on-year to an all-time high of USD 30 billion in the first 11 months of the current fiscal year on the back of falling exports and a sharp increase in the import bill, a media report said today.
-
Pakistan Cricket Board Earns Profits of 800 Million Rupees
Najam Sethi, who is stepping down as PCB chairman as the board prepares for fresh elections on August 18 to elect a new chief, said the amount was the highest pretax profits since 2011 against budgeted deficit of 366 million rupees for this fiscal year.
