Pak Economy

Important information about Pakistan economy


Pakistan Budget 2018-19 (amendments)

Finance Minister Asad Umar presented amendments to federal budget 2018-19 in National Assembly session. He announced that contrary to media reports, the government is not burdening the tax payers or low income class and the increase in income tax will only affect the upper class. SALIENT FEATURES Non-filers, overseas Pakistanis […]


Investment Facilitation Centre for Overseas Pakistanis

The Government of Pakistan attaches high priority to the overseas Pakistanis and is keen to promote, nurture and sustain a mutually beneficial and symbiotic relationship between Pakistan and overseas Pakistanis. Overseas Pakistanis can contribute much more than making foreign exchange remittances. Their role in image building, transfer of technology, and […]


اوورسیز پاکستانی اور بجٹ 2018-19

آئندہ مالی کے بجٹ 2018-19 کے حوالے سے اعلان کردہ نئ ٹیکس سکیم میں شامل رئیل اسٹیٹٹ سے متعلق اصلاحات کے ذریعے حکومت محصولات کی چوری اور غیر قانونی رقم جمع کرنے والوں کی حوصلہ شکنی کرنے کے لغے کوشاں ہے- ماہرین کا کہنا ہے کہ اس سکیم میں بہت […]


A layperson’s guide to the federal budget 2018-19

By Mustafa Nazir Ahmed As finance minister, presents the federal budget 2018-19, which will be the last of the incumbent Pakistan Muslim League-Nawaz (PML-N) government, it is high time to make an attempt at uncovering the story hidden behind the numbers. The idea is to enable the reader to: (a) […]


Pakistan Economic Survey 2017-18 Highlights

Pakistan’s economy will grow 5.8 percent this fiscal year, the fastest pace in 13 years, the country’s de facto finance minister, Miftah Ismail, said on Thursday, a day before he announces the 2018/2019 budget. Pakistan’s economy has seen growth accelerate in recent years but it has not been without problems. […]


Pakistan plans to raise one billion dollars from overseas Pakistanis

Pakistan is finalizing plans to launch a US-dollar denominated certificate for overseas Pakistan’s by which it would enable the government to raise $500-$1 billion a year. With Pakistan’s forex reserves plunged to its lowest in three years, the government is considering launching a dollar and rupee denominated certificate by June […]


Pakistan tax reforms and amnesty scheme 2018

 Quick summary of the most important changes made under the announced package. CNIC numbers will be used as National Taxation Numbers (NTN) to monitor tax compliance. No taxes for people with annual income below PKR 1.2 million. Maximum of 15% taxes on annual income above PKR 4.8 million. Minimal penalties […]