Tuesday, August 16, 2022

Budget

Budget FY22 – Initial Impression

On Friday, the Federal Government announced the Budget for the next fiscal year FY22, with a total budgeted outlay of PKR 8,487bn (up 19% compared to the budgeted outlay of FY21). Expenditure The government has allocated PKR 7,523bn for current expenditure...

PM Imran Khan opted for difficult but achievable tax targets: Mian Zahid

President Pakistan Businessmen and Intellectuals Forum (PBIF), President All Karachi Industrial Alliance (AKIA), Senior Vice Chairman of the Businessmen Panel of FPCCI and former provincial minister, Mian Zahid Hussain lauded the annual budget terming it visionary and reflective of...

Weekly market review: KSE-100 sheds 1008 points, volumes likely to dry out amid Ramadan, budget

While the outgoing quarter remained positively surprising with sectors such as Commercial Banks, Cements, and Chemicals unveiling above street consensus result outcomes, investors continued to remain wary owing to persisting economic despondency. This has contributed to ambiguity over future corporate...

Australia allocates $ 400 million to national security

The budget for the fiscal year 2020/2019 will include an additional $ 570 million ($ 404.36 million) for national security to boost anti-terrorism and espionage operations, The Weekend Australian newspaper reported Saturday. The additional spending package will be directed to...
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Latest News

Meezan Bank Announces Financial Results for the Half Year Ended June 30, 2022

The Board of Directors of Meezan Bank approved the financial statements of the Bank for the half year ended...
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