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PAKISTAN FEDERAL REVENUES
Pakistan budget raises defence spending, squeezes development to meet IMF goalsFinance Minister Muhammad Aurangzeb told parliament the government would allocate 3 trillion rupees for defence in the fiscal year starting...- Hajj travel becomes costlier for pilgrims as Iran-US war disrupts Gulf air routesPilgrims heading to Saudi Arabia for Hajj face higher travel costs. Airfares and packages have risen significantly due to increased fuel pr...
- Pakistan eyes PKR 100 bn defence hike in IMF-linked budgetPakistan is set to boost its defense budget by approximately PKR 100 billion. This move aligns with an International Monetary Fund program....
- S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopesIndian markets saw a positive trend as US indices, S&P 500 and Nasdaq, hit record highs. Intel shares surged, driving semiconductor stocks ...
- US stocks today: S&P 500, Nasdaq close at records on tech lift, Iran peace talk hopesThe S&P 500 and Nasdaq reached record highs Friday, fueled by optimism for U.S.-Iran peace talks and a surge in Intel shares. Semiconductor...
- U.S. stocks tick higher, led by UnitedHealth Group, as oil prices remain relatively stableU.S. stocks held firm Tuesday as UnitedHealth Group and other major companies reported profits exceeding analyst expectations, boosting mar...
- UAE asks US for a wartime financial lifeline as Iran conflict drags: ReportThe United Arab Emirates is in discussions with the United States regarding a potential financial backstop. This measure is being considere...
- US stocks today: S&P 500, Nasdaq gain on tech boost after inflation data; Mideast tensions in focusU.S. stocks edged higher as tech shares gained, with the S&P 500 and Nasdaq posting modest increases. Inflation data met expectations, whil...
- World Bank approves $700 million to bolster Pakistan's macroeconomic stabilityAccording to the lender, funds will be released under the bank's Public Resources for Inclusive Development - Multiphase Programmatic Appro...
- Pakistan, IMF reach staff-level agreement for $1.2 billion loan dealPakistan and the IMF have reached a staff-level agreement for a USD 1.2 billion loan, pending board approval. This funding, split between t...
- Pakistan falls short of 3 key IMF targets, missing revenue benchmarks for $7 billion bailout package's 2nd reviewPakistan has missed three key IMF fiscal targets due to provincial overspending and federal tax collection shortfalls, jeopardizing the USD...
- Our budget is $62 billion, UP’s $97 billion: Pakistani MP's video praising Yogi Adityanath’s economic model goes viral. WatchA Pakistani lawmaker's video praising Uttar Pradesh's financial performance under Yogi Adityanath has gone viral, sparking debate in both c...
- Pakistan govt highlights critical risks to budget 2024-25 in fiscal statement to ParliamentPakistan's cash-strapped government faces critical risks in the budget and outlook, including lower growth, natural disasters, and poor sta...
- Cash-strapped Pakistan government to unveil budget ahead of general elections this yearPakistan government on Wednesday approved a 66 per cent increase in the discretionary budget of parliamentarians, reaching a record Rs 116 ...
- Karachi rally: Maryam Nawaz vows to bring Nawaz Sharif back to power, send Imran Khan to jailSpeaking at the Sunday's anti-government rally, Maryam paid tribute to the provincial government for their efforts amid the COVID-19 pandem...
- Imran Khan vows to go after 'thieves' responsible for Pakistan's economic woesFormer Prime Minister Nawaz Sharif (from the PML-N party) is already in jail having been sentenced in another corruption case in 2018.
- Pak SC forms committee to curb DTH device's smuggling from IndiaChief Justice of Pakistan Saqib Nisar regretted that such devices mostly consisting of Indian channels resulted in draining of hard-earned ...
- Pakistan to issue notices to 1,500 Pakistani owners of properties in UK, UAEIn the second phase, another 500 people who have purchased properties in Dubai will be issued notices. These notices will be dispatched soo...
- Pakistan's amnesty scheme pulls in Rs 80 billion in taxNearly 5,000 people in Pakistan have filed returns declaring their foreign assets and deposited approximately Rs 80 billion in taxes so far...
- Pak economy losing Rs 300 crore daily due to political bedlamThe current political turmoil in Pakistan has not only raised questions about the stability of the democratic regime in the country, but it...
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