ALI SUKHANER Reactions count a lot. In December 2013, a Resolution was passed in Pakistan’s National Assembly which condemned the hanging of JI Leader Mullah Abdul Qadir in Bangladesh. This resolution was the reaction of Pakistan. In response to that resolution, the Prime Minister of Bangladesh had crossed all moral […]
Mehmood Ul Hassan Khan International rating agency Standard & Poor recently conducted a conference and said (June, 2015) about the banking industry of Uzbekistan. It also published a comprehensive report about the banking industry of Uzbekistan. It rated it productive and progressive. It reconfirmed the positive role of Uzbekistan’s banking […]
The Khyber Pakhtunkhwa government on Monday announced a Rs488 billion budget for FY2015-16 in the KP Assembly today. The budget, which is referred to as ‘poor-friendly’ by KP Finance Minister Muzafar Said, allocated a greater portion of funds to health and education. Total outlay for the FY15-16 budget is 21 […]
Ten per cent relief allowance has also been announced on basic pay for all Sindh government employees. The revised estimates for the total receipts of the province for the current financial year are Rs617 billion. Developmental expenditure of the province is estimated at Rs214 billion. This includes a provincial Annual […]
The Punjab government on Friday presented a Rs 1,447.2 billion proposed annual budget for the fiscal year 2015-16 before the provincial Assembly on Friday. According to details of the budget read out by the provincial finance minister, the provincial government is eyeing a revenue target of Rs160bn from provincial taxes […]
Mehmood Ul Hassan Khan Most recently, Belarus President Alexander Lukashenko visited Pakistan and inked lots of meaningful agreements and MOUs. It was first ever visit of any Belarusian President visit to Pakistan which showed its multidimensional importance. During his stay he met with Prime Minister Nawaz Sharif and President Mamnoon […]
*Rs 253 billion new taxes imposed in budget for 2015-16*Rs 120 billion exemptions given under different SROs in customs, sales and income tax withdrawn Presenting the budget, Finance Minister Ishaq said total resources have been estimated at Rs 4.168 trillion and the government has to bear the deficit of […]
حکومت کی جانب سے یکم جولائی سے شروع ہونے والے نئے مالی سال 16-2015 کے لیے تقریباً 43 کھرب روپے کا وفاقی بجٹ قومی اسمبلی میں پیش کیا جا رہا ہے۔ وفاقی وزیرخزانہ اسحاق ڈار اسپیکر ایاز صادق کی زیرصدارت جاری قومی اسمبلی کے اجلاس میں آئندہ مالی سال کا […]
Finance Minister Ishaq Dar while presenting the budget for fiscal year 2015-16 on the floor of the National Assembly said a growth rate target of 5.5pc had been set for the upcoming year, which he said is budgeted to reach 7pc by the end of PML-N government’s tenure in 2017-18 […]
GDP grows by 4.24% in fiscal year 2014-15 against a target of 5% * LSM sector registers growth of 2.38% against a target of 7% * Industrial sector grows by 3.62% Majority of the economic targets set for fiscal year 2014-15 were missed, including the Gross Domestic Product (GDP) which […]
