Tag: 2016-17

Direct investment down by 14.6%, portfolio investment rises to $50m in...

  Despite the downward trend in direct investment, the country’s total foreign investment increased by 124.8 per cent to $113.9 million owing to higher inflows...

Bank credit rises on uptick in economy

    Commercial bank credit and bank investments are on the rise in Pakistan on the back of a significant uptick in the economy with 42-year...

Industry to grow at 7.7% during FY17

    The Industrial sector of the country is expected to grow at 7.7 per cent during the ongoing fiscal year (2016-17) compared to the growth...

GDP grows by 4.45% in 2015-16 despite falling exports, low agri-production

Country’s BoP shrinks by 7.2% to -$2.525bn The country’s Gross Domestic Product (GDP) increased by 4.45 per cent during the last fiscal year despite falling...

Govt eyes 43.8 mln barrel domestic crude oil production in 2016-17

    The government targets to produce 43.8 million barrels of domestic crude oil and 1.51 trillion cubic feet of gas during the financial year 2016-17,...

Over Rs 4.8tr federal budget to be presented on Friday

Govt has earmarked Rs 1.675tr for development schemes under PSDP Finance Minister Senator Ishaq Dar will present the fourth federal budget of Pakistan Muslim League-Nawaz...

Rs 1 trillion federal development outlay likely for next financial year

The government is considering fixing the development budget outlay of Rs 1 trillion for the next fiscal year, out of which an allocation of...

LCCI for energy, water-focused Budget 2016-17

    Lahore Chamber of Commerce and Industry (LCCI) has expressed the hope that the Federal Budget 2016-17 will be business friendly and energy/water-focused. In a joint...

Speakers want exports to be facilitated in next budget

    Export-oriented industries should be facilitated to the maximum in the upcoming Federal Budget 2016-17 as the export sector plays an important role in the...