The government has decided to drastically reduce subsidies in the new budget and squeeze out higher amounts of surplus from…
Unlike any foreign grant, Pakistan has not treated $1.5 billion (Rs157 billion) gift from Saudi Arabia as non-tax revenues and…
The import of electricity from Central Asian upstream countries is not feasible for Pakistan as it involves huge investments of…
Large-scale manufacturing (LSM) posted a negative growth of 2.68 in March 2014 over the same month last year, reflecting a…
The federal government has not been able to achieve major budgetary target set for the current fiscal year as it…
Export of textile and clothing grew by 6.5pc to $11.437 billion during the first 10 months (July-April) of this fiscal…
The number of broadband users in the country has reached 3.35 million, an increase of around 10 per cent from…
Current account deficit in the first 10 months (July-April) of this fiscal year rose to $2.162 billion, reflecting a large…
Insurance companies, both general and life, have been permitted to launch ‘Takaful’, the Islamic alternative to conventional insurance products, Muhammad…
