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Outlook: Stitching optimism for the textile sector
Industry players term package a surety for increasing exports.
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Subsidy pool gets leaner as govt sets aside Rs203b
Energy firms and essential commodities will get cushion.
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Minimum wage fixed at Rs12,000, up by Rs2,000
Dar’s written speech, however, states lower wage increase than announced.
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Defence spending jacked up by 11.1%
After Rs73b increase defence budget for 2014-15 stands at Rs700.2b.
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Roads and Railways get Rs113 billion
Allocations made for new motorways, bridges, locomotives, train systems.
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Cabinet approves budget proposals
Prime Minister Nawaz says main objective of new budget was to provide relief to the masses and increase tax base.
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Budget breakdown: Govt expects to receive $8.6b in foreign loans
Pakistan to receive Rs1b from China, Rs16b under Kerry-Lugar Act; Rs49.5bn from Islamic Development Bank.
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Austerity measures: PM Office spending slashed for now, but door open for revision
Govt made a cut, at least on paper, in budget of PM’s Office for fiscal year 2014-15, pegging it on Rs779.35...
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Law ministry bags Rs1.2 billion
Islamabad High Court gets a significant chunk for reconstruction.
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Budget 2014-15: Real-time analysis
In-depth analysis of the budget for fiscal year 2014-15.
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Budget 2014-15: HEC allocated Rs63b in FY15
A total of Rs63 billion will be made for the HEC.
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Budget 2014-15: PSDP size increased to Rs525 billion
PSDP size has been increased by 24% increase from last year
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Vital supplies: Though energy gets top priority, gas production edges down
Oil output rises; power generation to increase 16,564MW in four years.
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Stocking money: KSE index’s post-election increase clocks in at 45.2%
Foreign inflows fuel rally, improve business sentiments during FY14.
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Money matters: Private sector credit touches six-year high
Massive loans taken for business expansion in outgoing fiscal year.
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Agriculture posts lower than expected growth
Dismal performance cause of concern for agrarian economy.
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Budget 2014-15: Every Pakistani now owes Rs82,627
With debt servicing on the rise, long-term debt becomes saving grace.
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Market watch: Budget anticipation leads to caution
Benchmark KSE-100 index gains 52.16 points.
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Re-orientation: Service export council to be formed
Move to help sector contribute further to GDP.
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Growth continues in telecom sector
Tele-density reaches all-time high of 78%, up 3% from 2013.
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Constructing an impressive period
Posts more than targeted growth of 11.3%
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Path to recovery: War-on-terror losses register 33% decline
Reduction in drone attacks also helped in lowering direct losses to infrastructure.
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Economic survey 2013-14: Off target
Dar, however, pledges to increase growth rate by 1% every year taking it to 7% by 2017.
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Survey of the economy 2013-14
GDP growth of 4.14 per cent for 2013-14 fell short of the government’s target of 4.4 per cent set in the Annual Plan.
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Economic survey: Services sector fails to meet targeted growth rate
Wholesale and retail trade grew by 5.18%, compared to 3.38% last year.
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Tax exemptions to the rich nearly double
Country sustains a loss of Rs477 billion in the outgoing fiscal year on account of tax exemptions to industrialists
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Economic Survey 2013-14: Real-time analysis
Real-time, in-depth analysis of the economic survey.
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Financial matters: Banks’ non-interest in Pakistan agriculture
New Islamic financial institution being set up to provide agri financing.
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Exports to the EU: Mangoes can now be traced back to farms or even trees
Pakistan introduces global practice to avoid curbs.
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Clouded future: Tap and tax the informal economy
Instead government deciding to squeeze the already taxed.
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Opinion: Government dependence grows on cigarettes
Lop-sided tax policies encourage smuggling, fail to curtail smoking habits.
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A Pakistani’s perspective: Why Bangladesh is doing better than Pakistan
Despite similar problems, Dhaka is better positioned to export more.
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Budget 2014-15: Reforms take a back seat
Focus of government remains glued to traditional measures.
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Govt set to increase tax on textile products
Proposal said to have been cleared by PM, faces stiff opposition from textiles ministry.
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Tax talk: Minister urges elite to pull their share of the load
Says the time has come to raise property tax.
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Rationalisation required: ICCI calls for reduced banking spread
Claims it is affecting SMEs, impeding growth of business.
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Not at full capacity: Sindh agriculture underperforming
Province suffering due to ineffective policies.
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Textile sector wary of tax increase
Industry insists it is burdened with already 2% sales tax.
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Breaking records: Cell phone subscriptions soar to all-time high
Telenor, Zong highest contributors to growth.
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Value-added textile industry: New projects to ramp up demand for skilled workers
Turkey offers assistance in training and developing skills of labourers.
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Weekly review: Foreign buying propels KSE-100 to record high
Volumes jump 57% as positive budget and economic news revive investor confidence.
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Providing relief: PM says no to proposed increase in oil prices
Petroleum prices left unchanged, kerosene becomes slightly cheaper.
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Taxing the rich
In other words, this is once again a case of the government taxing what it can, and not what it should.
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Tackling chronic crisis: Punjab’s first coal-fired projects inaugurated
Sahiwal plants to add 1,320MW to national grid.
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Govt may introduce 5% tax on bonus shares
Proposal could turn out to be country’s largest revenue generator.
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Punjab budget: FCCI works on proposals with tax concerns in focus
Government says suggestions will be considered before finalising budget.
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More utilisation: Higher development allocation augurs well for cement sector
Analysts believe PSDP projects will help Pakistani industry.
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Business-to-business: Trade delegation to visit France
Objective is to provide opportunities to Pakistani entrepreneurs.
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Report: Punjab’s intensive gas usage highlighted
Recommends province to use solar and wind sources to generate energy.
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Bosnia: Ambassador urges enhancing trade
Yousaf said interaction with Bosnia would enable Pakistan to get access to whole of the Balkan region.

















































