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Government increases development spending by 9% to Rs730b
Centre’s share to be Rs290 billion and provinces to get Rs430 billion.
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Budget brings extra Rs106b into tax net
Tax on defence sales imposed, sales tax reduced to 16%, withholding tax on cash withdrawal cut to 0.2%.
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NFC disbursements: Provinces to get Rs1.3t share in federal taxes
Provinces will receive Rs38.2 billion for development projects .
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Sheikh outlines laissez-faire vision for economy
Minister lets his inner economist free, leaving the populists hanging.
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Power sector: Govt to end tariff differential subsidy
Load-shedding in coming financial year threatens economic growth.
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Gold touches new peak
Local dealers concerned over declining business.
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Telecom sector’s tax payments rise 15%
Watchdog says the industry paid Rs56b in taxes.
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Additional profit: Lucky to make Rs281m from selling electricity
The cement maker is expected to raise an additional net profit of Rs281 million annually.
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Pakistan, World Bank sign deals worth $115.5m
Three agreements amounting to $115.5 million signed for financing projects in different sectors.
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Cement sales fall seven per cent
Industry utilisation falls to 75% of total production capacity.
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Market watch: Bourse moves in tandem with regional peers
Benchmark KSE-100 index falls 84 points.
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Google gives Rs20m for technology-based projects
Links up with P@SHA and sets up a fund for Pakistani youth.
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Economic Survey 2010-11: Country sinks deeper into debt
The ratio of the country’s total debt to the size of its economy declined to 55.5% by the end of March 2011.
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Economic Survey 2010-11: Agri sector growth likely to be far below target
Sector to grow 1.2% as floods damage rice and cotton crops.
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Economic Survey 2010-11: Circular debt hampers oil and gas sector growth
The overall consumption of petroleum products declined by 0.97 per cent and gas fell by 2.03 per cent.
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Economic Survey 2010-11: Has the real poverty rate hit 43%?
Government refuses to release poverty figure for third year in a row.
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Economic Survey 2010-11: Industry struggles this year, the next looks brighter
Small-scale manufacturing does better than large-scale.
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Economic Survey 2010-11: Govt gives Rs167b tax exemptions
The amount is Rs37b more than US aid for the year.
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Economic Survey 2010-11: Floods, terrorism, oil price surge restrict growth to 2.4%
Hafeez Shaikh reveals missed targets; budget due today.
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Wish list: For next budget, MQM puts its money on public transport
‘The energy crisis is the biggest obstacle to economic growth’.
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PTA, telecom sector deposit Rs109b in taxes
According to an estimate, telecom sector contributes more than 90% share in total taxes.
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Budget 2012: Economic team pressured to aid the poor in budget
Politicians fear an austere budget will hurt electioneering.
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British assistance: UK opposition upset over use of funds
Pakistan uses aid to promote mobile banking.
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Duty free trade: US report urges access for Pakistan
A bill sought by President Barack Obama to offer trade advantages to Pakistan stalled in the last session of Congress.
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Engro Rupiya Certificate launched once again
All key features remain the same as previous issue.
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Refining margins firm in May
Deemed duty’s contribution rises to highest since fiscal 2008.
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Economic planning: PBC’s proposals focus on long-term solution
Body unveils National Economic Agenda.
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Pakistan, Tajikistan agree on trade-boosting roadmap
Investors eying joint ventures in energy and infrastructure projects.
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International Steel: Trading starts at the Karachi stock exchange
Company to expand operations in two years: chairman.
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Market watch: Bourse turns bullish led by oil stocks
Benchmark KSE 100-share index jumps 141 points.
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Govt borrows Rs135 billion at high rates
Bids for treasury bills were lower than the targets.
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Health ministry’s devolution: Drug makers concerned about quality control
Manufacturers demand federal body to regulate quality control of drugs.
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Inflation remains above 13%
Food and transport prices main contributors to double-digit inflation.
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Against all odds: FBR surpasses tax collection target in May
Annual target of Rs1,588b now seems easy to achieve.
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Upcoming budget: ‘More allocation for science and technology’
Minister says innovation is the key to economic competitiveness.
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Vested interests: Kunner-Pasakhi gas project likely to be scrapped
Oil and Gas Development Company may suffer loss of billions of rupees.
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US report urges duty-free access for Pakistani exports
The report was sharply critical of US economic aid, saying it is not delivering the desired results.
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Energy: Women to be educated about conservation
Energy experts say consultation with women should be ensured as they are the ultimate users of energy.
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Air conditioner business: Chinese company to invest $3.4 million
Organisation to set up two joint venture companies in Pakistan.
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18th Amendment: Youth ministries facing transitional issues
Participants of dialogue unsure if the devolution will happen.
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Pakistan to use Tajikistan as gateway to Europe
Setting up a warehouse to promote trade between the two countries.
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Home appliance industry continues to grow
‘Energy saving solutions will be entering the market in the coming years’.
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Mobile financial services: Wider access can help raise GDP by 3%: report
Telenor commissions Boston Consulting Group to conduct a study.
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USF Malakand Lot Project: Agreement with Telenor may be scrapped
Universal Service Fund to provide subsidy to telecom sector on operational expenses in war-hit areas for three years.
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SBP stresses need for providing credible data
Reliable statistics are a must for effective economic policies.
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Market Watch: Equities fall 72 points on budget uncertainty
Foreign portfolio investment registers outflow of Rs73m.
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Big players have to pay 15% flood surcharge
FBR team in Karachi to catch tax dodgers.
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Zero tolerance: Qamar orders cut in power supply to defaulters
Government departments and private sector owe Rs220b to Pepco.
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OGRA revises prices of petroleum products
Announces up to a Rs5.7 per litre cut in the petroleum prices for the month of June.
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Gilani reaffirms support to information technology sector
Gilani terms development in information technology vital to keep Pakistan competitive in the region.