Budget 2018-19

Interim set-up approves development budget for FY 2018-19

Harsh words are exchanged after a legislator targets Imran Khan

Quorum remains treasury's bane on second straight day in NA

Finance minister appeases middle and upper-income groups, rejects concessions for non-filers of tax returns

Health remains third largest sector in terms of resource allocation

Withdraws recommendation that seeks to limit govt’s right to present full-year budget

Each time the rupee depreciates, an additional Rs97 billion are added to the debt

Budget recommends 5% tax on digital advertising space; Senate panel rejects proposal

Non-tax revenues decrease whereas expenditures go up

LCCI president urges government not to pass the federal budget till necessary amendments are made

Benchmark index decreases 0.12% to close at 45,488.86

Money will be used to procure equipment for accident, emergency care

'Special packages have never materialised into development in tribal areas'

QWP chief slams PTI for failing to come good on promise of change

Tax concessions are appealing, but will reduce overall state revenues

Government declares non-filers not eligible to purchase automobiles

Acting president says it is people-friendly and pro-industry

Says PML-N should return amount accumulated during its tenure

Allocation of Rs200m proposed for model police stations

Govt sets aside Rs20m for Climate Resilient Human Settlement Unit

Also exempts project sponsors from all duties and surcharges

For long, question marks have been put on the PMIC’s transparency, impartiality and fairness

Proposed amount is one-tenth of PSDP

Pakistan receives amount amid depleting foreign exchange reserves

The Express Tribune breaks down the 2018-19 budget

Supreme Court’s budget, the federal government maintained, increased the apex court’s budget above the inflation rate

Trade deficit for current fiscal year estimated at $29 billion

Duty on charging stations for environment-friendly vehicles removed

Gives incentives to industrialists, stock market as well as importers of coal and LNG

Analysts say market to witness rally immediately

Taxation measures outweigh relief offered to industrialists, agriculturists and salaried

Finance Minister Dr Miftah Ismail delivers budget speech in National Assembly

Opposition parties staged a walkout from NA, protesting govt's decision to present the budget for full fiscal year

President Mamnoon Hussain administered oath to Ismail during a ceremony at the Presidency

Economy expands to $313b; per capita income increases to $1,640, income inequality also up

Says PPP will resist presentation of sixth budget by PML-N

Government will announce decisions to please voters, which would be short-lived

Will also look to bring down public debt to below 60% of GDP by 2023

The Express Tribune takes a look at the upcoming budget and reviews PML-N's five-year economic performance

Though the sector has made giant strides, there is still room for improvement

Govt’s budget announcement is key for several reasons including upcoming elections

Barring the first budget, the PML-N has sharpened its knife on stock market every year

Govt has taken various measure to promote the industry including announcing the auto policy in 2016

PML-N govt has gradually increased credit ceiling, provided heavy subsidies

They are seeking more concessions like cut in power tariff, removal of GIDC in the upcoming budget

The government may have improved indicators but very few targets were met during five-year tenure

Despite repeated vows, PML-N may not be able to end outages by the end of its term

Present govt increasingly focuses on imported LNG and coal in power production

In FY18 budget, tax rate had been cut that increased tobacco consumption

Has also revised estimate for outgoing year due to poor performance of state enterprises