fiscal year

Cement export reach $253.5mn in fiscal year

ISLAMABAD: The exports of cement from the country witnessed an increase of 4.57 percent during the eleven months of financial year 2020-21, against the exports of the corresponding period of last year. According to the Pakistan Bureau of Statistics (PBS),

Around Rs8 trillion federal budget to be presented today

ISLAMABAD: Pakistan Tehreek-e-Insaf government will present its third budget for the fiscal year 2021-22, with an estimated outlay of around Rs8 trillion. The National Assembly is already in session where the budget for the fiscal year 2021-22 would be presented

Budget expectations

The month of May brings great hope and anxiety as we take a close look at each passing day and also take a keen interest in TV news and analysis. There is only one event we looking forward to –

Budgetary allocations

The budget for the Fiscal year 2021-22 will be tabled on June 11. It will be the biggest test for the new Finance Minister Shaukat Tarin, who has already started preparations for the budget to bring out-of-the-box solutions this year

Automobile sales increase 31% during fiscal year

ISLAMABAD: The sale of cars during first three quarters (July-March) of current fiscal year increased by 31 percent as compared to the period of last year. According to data released by Pakistan Automobile Manufacturing Association (PAMA), as many as 112,244

Pakistan’s exports to USA increase 11.86% in fiscal year

ISLAMABAD: Pakistan’s exports of goods and services to the United States of America (USA) witnessed a surge of 11.86 percent during the eight months of financial year (2020-21) compared to the corresponding period last year. The overall exports to USA

Oil import bill shrinks by 21.7% to $6.44bn

ISLAMABAD: The oil import bill witnessed reduction of 21.70 percent during the first eight months of the current fiscal year as compared to the corresponding period of last year. The country imported oil products worth $6445.601 million during July-February (2020-21)

Pakistan signed new agreements worth $10.5 bn in FY20

ISLAMABAD: The government signed new agreements worth $10.447 billion of new foreign loans from multilateral institutions and commercial banks during the fiscal year 2019-20. This is according to the Annual Report on Foreign Economic Assistance 2019-20 released by Ministry of

Public debt recorded at Rs35,207 billion till end-March

ISLAMABAD: Pakistan’s public debt was recorded at Rs35,207 billion by end-March 2020 compared with Rs 32,708 billion at the end of June 2019, registering an increase of Rs 2,499 billion during first nine months of the current fiscal year. According