Tag: Fiscal
I know what you did last summer
The Economic Survey of Pakistan for the outgoing year 2011-12 will be launched here on May 31 (Thursday). Federal Minister for Finance Dr. Abdul...
Enhancing spending limit increases fiscal deficit to 5 percent
Increase made in the allocation for development spending next fiscal year under political pressure has increase the fiscal deficit estimate to 5 percent of...
Conjuring up growth mutually
After showing nine percent contraction month-on-month in fund size during March (FY12) due to quarter end phenomenon, the industry recovered well in April with...
Our fiscal cuisine needs Chinese flavour
Pakistan’s Ambassador to China Masood Khan called on Prime Minister Syed Yusuf Raza Gilani at Prime Minister’s House on Saturday and briefed him about...
Challenges on external, fiscal side haunting macroeconomic stability
The country’s fragile economy is, whereas, showing signs of a modest improvement on the back of positives in agriculture and services sectors, the central...
Govt fails to rein in fiscal deficit during 1st half of...
The government has failed to rein in the fiscal deficit that has soared to Rs 545 billion during the first half (July-December) of the...
SBP keeps policy rate unchanged
Terming financing of country’s fiscal and external current account deficits as a basic challenge, the central bank Saturday kept the discount rate unchanged at...
Fiscal indiscipline, energy crises mar economy in 2011
The country’s 2011 economic story swung in tandem with the changing dynamics of international commodity prices and its subsequent impact on the external accounts,...
Fiscal and monetary interdependance
As a rule, monetary policy must be complemented by a prudent fiscal policy. If the interest rate regime and money supply are left to...
Standard and Poor’s affirms B-rating
The world’s leading rating agency, Standard and Poor's, on Monday affirmed its 'B-' long-term and 'C' short-term foreign and local currency sovereign credit ratings...
Where the Fund stands
The IMF’s disappointment with Pakistan’s fiscal indicators raises some important questions that concern both growth and employment. One, fiscal deficit projected at 6.5 per...
IMF forecasts wider Pakistan fiscal deficit
The International Monetary Fund (IMF) expects Pakistan’s 2011/12 fiscal deficit to widen to 6.5 percent of gross domestic product, blowing past government estimates, it...
Three month fiscal deficit 1.1pc of GDP
Pakistan’s fiscal deficit for the first three months of fiscal year 2011-12 was 1.1 per cent of gross domestic product, a Finance Ministry official...
Marble exports target of $76 million this fiscal
The Chief Executive Officer of Pakistan Stone Development Company (PASDEC) Ihsanullah Khan has said the target of marble exports has been set at $76...
The crisis of fiscal imagination
Greedy banks, bad economic ideas, incompetent politicians: there is no shortage of culprits for the economic crisis in which rich countries are engulfed. But...
Fiscal mismanagement choking development
Deputy Chairman Planning Commission of Pakistan (PCP) Dr Nadeem Ul Haq has said that in order to understand public service delivery and growth in...
APTMA leadership sets current fiscal as year of investment
Spokesman of All Pakistan Textile Mills Association (APTMA) said Thursday that APTMA leadership has set the current fiscal year as a year of investment...
