Islamabad, June 9, 2023: The Pakistan government has demonstrated its commitment to prioritize the water sector by earmarking an estimated amount of around Rs100 billion in the budget for the fiscal year 2023-24.
(more…)Category: Budget
This is parent category of budgets presented by Pakistan government. Here you will find year-wise federal and provincial budgets.
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Pakistan Budget 2023-24: Power Sector Projects Allocated Over Rs205 billion
Islamabad, June 9, 2023: The Pakistani government has allocated Rs205.38 billion for power sector projects in the budget for the fiscal year 2023-24, as revealed in the official budget documents released on Thursday.
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Pakistan Budget 2023-24: Public Sector Development Program Gets Rs1,150 billion
Islamabad, June 9, 2023: The Pakistani government has allocated Rs1,150 billion for the Public Sector Development Program (PSDP) for the upcoming fiscal year, as per the official budget documents released on Friday.
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Pakistan Targets 3.5% GDP Growth for Fiscal Year 2023-24
Islamabad, June 9, 2023: The Pakistani government has set a target of 3.5 percent GDP growth for the fiscal year 2023-24, according to sources at the Ministry of Planning, Development, and Special Initiatives.
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Pakistan Grants Rs2.24 Trillion as Tax Exemption and Concessions During FY23
Islamabad, June 8, 2023 – Pakistan has witnessed a significant increase in the cost of tax exemptions and concessions, reaching a staggering amount of Rs2.24 trillion, according to the estimates presented in the Pakistan Economic Survey 2022-23, released on Thursday. This figure represents a sharp rise of over 51 percent compared to the previous fiscal year.
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Exchange Rate Fluctuations Cause Rs6.8 Trillion Additional Debt: Pakistan Economic Survey 2022-23
Islamabad, June 8, 2023 – The recently released Pakistan Economic Survey 2022-23 highlights that exchange rate fluctuations have contributed to an increase of approximately Rs6.8 trillion in the country’s external debt.
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Pakistan Economic Survey 2022-23: Current Account Deficit Contained Through Import Restrictions
Islamabad, June 8, 2023 – The recently released Pakistan Economic Survey 2022-23 highlights that Pakistan has successfully managed to contain its current account deficit by implementing import restrictions. However, the pressure on foreign exchange reserves persists, creating challenges for the economy.
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Pakistan Economic Survey 2022-23: Weak Exchange Rate, Supply Disruption Cause High Inflation
Islamabad, June 8, 2023: The Pakistan Economic Survey 2022-23, released on Thursday, identifies weaker exchange rates and supply disruption caused by floods as key factors contributing to high inflation in the country.
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Pakistan Economic Survey 2022-23 Reveals Volatility in Stock Market due to Uncertainties
Islamabad, June 8, 2023: The Pakistan Economic Survey 2022-23 released on Thursday revealed that the country’s stock market experienced volatility throughout the fiscal year, primarily influenced by political and economic uncertainties.
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Deficit Financing Places Pressure on Commercial Banks, Reveals Pakistan Economic Survey 2022-23
Islamabad, June 8, 2023: The Pakistan Economic Survey 2022-23 disclosed on Thursday that in the absence of external financing, Pakistan relied on internal resources to meet its budget deficit, placing significant pressure on domestic commercial banks.
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