The Pakistan government has increased the defence budget for the outgoing fiscal year by nearly 6 per cent to over PKR 1.45 trillion to meet the critical needs of the country's armed forces. ...
The restoration of Pakistan's delayed International Monetary Fund (IMF) programme depends on the government's capacity to make a fiscal adjustment of about 2.5 per cent of the GDP. ...
Pakistan has been reeling under heavy economic turmoil and it is hoping that its all-weather ally China will come to its rescue however eminent economist differs, saying expectations from Beijing are highly misplaced. ...
Amid the depleting foreign currency reserves and crashing economy, Pakistan is in dire need of USD 36-37 billion in foreign financing in the next fiscal year. ...
Pakistan's finance minister has said the recent decision to hike prices of all petroleum products in the country was done as the government had no other option left to prevent the country from drifting towards a bad situation. ...
