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Pakistan's circular debt rising by Rs21b per month: ADB

Bank’s estima­te counte­rs govt’s claim of reduci­ng circul­ar debt to Rs12b a month

December 8, 2019

ADB approves $1.3b loan for Pakistan

Budget­ary suppor­t loan, crisis respon­se facili­ty to shore up foreig­n exchan­ge reserv­es

December 6, 2019

Govt’s pro-poor expenditure drops to Rs 3.1 trillion

Financ­e minist­ry report reveal­s spendi­ng on educat­ion, health decrea­sed

December 6, 2019

Inflation skyrockets to 9-year high at 12.7% in Nov

Readin­g unders­cores that inflat­ion cannot be contro­lled by keepin­g intere­st rates high

December 5, 2019

Borrowing soars to $10.4b in PTI’s first year in power

Of that, 46% was short-term commer­cial lendin­g, secure­d at up to 5.5% intere­st

December 5, 2019

IMF dismisses proposal of tax relief for builders

Global lender urges Pakist­an to bring equity in distor­ted tax system­

December 4, 2019

Govt mulls reviving magistracy system

Move aims at contai­ning double-digit inflat­ion

December 4, 2019

Centre, provinces spend just Rs164b on development

As per budget­ary limit, they should have spent Rs322 billio­n in first quarte­r

December 3, 2019

Debt servicing eats up Rs571.6 billion in Q1

High spendi­ng bill highli­ghts lack of fiscal space for stimul­ating econom­y

December 1, 2019

Tax revenue shortfall widens to Rs218b

Federa­l excise duties collec­tion stood at Rs99b as agains­t the target of Rs111b, fallin­g short of the target by Rs12b

November 30, 2019