More of the same?
As one may recall, while the budget for the Financial Year 2011-12 was being presented in the National Assembly, the opposition members from the PML-N had presented the finance minister…
As one may recall, while the budget for the Financial Year 2011-12 was being presented in the National Assembly, the opposition members from the PML-N had presented the finance minister…
The State Bank of Pakistan (SBP) has cut its Discount Rate by 50bps to 9 percent, but has not cut its Reverse Repo and Repo rates implying that the rates…
Dar, a certified chartered accountant, very smartly used creative accounting to falsely take the credit for slashing the fiscal deficit by 2.5 percent of GDP in the upcoming first year…
The budget for 2013-14 disappointed general public expectations with the newly installed PML (N) government - expectation that were focused on relief after a five year steady erosion of the…
Pakistan and the IMF have started discussions for a fresh round of IMF financing. This will be the twelfth IMF programme in over two decades. Pakistan holds the unique distinction…
Turning to current expenditure, debt servicing is expected to increase by Rs125 billion, defence by Rs57 billion, grants by Rs3 billion and civil administration by Rs23 billion. On the other…
Budget 2013-14 has been announced on time by the PML-N government – only five days after the swearing in of the cabinet. This clearly shows a great sense of urgency.…
ALTHOUGH the Karachi Stock Exchange has risen over 50pc over the last year, financial analysts have not rushed to declare Pakistan a `bull market`. The reasons for their caution are…
The Federal Budget presented by Finance Minister Ishaq Dar is a week old now, and has evoked mixed reactions, mostly critical and highly suspicious of government's ability to meet the…
Announcing an official higher or lower poverty number by the country sends the following kinds of signals to the international stakeholders, ie, foreign governments, multilateral and bilateral donors, international NGOs…