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...
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...
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...
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...
