Here is a summary of Pakistan’s budget for fiscal Year 2021-22
Imran Khan's government is due to present its third budget of value Rs8 trillion for the upcoming Fiscal Year 2021-22 and here are the updates as they come.
Angora rabbit farming launched in Gilgit Baltistan
While talking about the newly inaugurated project PARC Chairman Dr Muhammed Azeem Khan revealed that the angora rabbits are being imported from Nepal and...
Russia lifts ban on import of rice from Pakistan
A press release issued by Ministry of National Food Security and Research on Thursday said that Russia’s decision on lifting the import of rice...
JP Morgan points to improved economic situation in Pakistan: Farrukh
The minister said the report predicted decline in the fiscal deficit from current 7.1 percent to 5.9 percent of the GDP during the next financial year.
1,200MW of electricity added to national grid to meet high demand
"We are witnessing approx 15-20% more peak demand in power compared to last year," the energy minister tweeted through his official account. He said...
Remittances cross $2 billion for 12th consecutive month, SBP
According to the State Bank of Pakistan, the increase in remittances for the 12th month in a row is due to the “proactive policy...
Economic Survey out: Pakistan shows strong growth among world economies despite pandemic
The Finance Minister of Pakistan, Mr. Shaukat Tarin has presented the Economic Survey of Pakistan for the outgoing Fiscal year 2021-22, shedding a light on the government's performance.
Hammad Azhar explains the electricity shortfall as PTI MNA criticizes govt
As the PTI MNA Noor Alam Khan argued that Pakistan is a poor country, so why are the people(officers) of the government being given free electricity when people are dying due to excessive load shedding, Hammad Azhar replied about the progress made by PTI government in the sector.
Economic indicators pointing towards growth despite pandemic, Minister
The Minister for Information during a press briefing said that Pakistan Tehreek-e-Insaf (PTI) government had inherited high levels of debt servicing of over $10...
Statistics show Pakistan posted historically high Agriculture yields in FY21!
The government of Pakistan has shared information showing growth in the yield of major crops in Pakistan like maize, wheat, sugarcane, rice, onions, and pulses. The data shows that in the current year the yield in all these crops saw a major positive change, which government attributes to the new agriculture policies.
The new development budget 2021-22 explained!!
The Minister said that the allocation for the federal development budget is Rs900 billion for 2021-22 against Rs650 billion for 2020-21, showing an increase of 38.5 percent YoY, while the provincial development budget is of Rs1.2 trillion for 2021-22 against Rs867 billion for 2020-21, an increase of 38.6 percent.
PIA to dispose off ageing aircraft
PIA CEO Arshad Malik addressed a live session on Tuesday during which he revealed that following the instructions issued by the government of Pakistan,...