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IMF revises Pakistan’s GDP forecast to 0.5% for FY23

WASHINGTON: The International Monetary Fund (IMF) has lowered Pakistan's current year growth forecast from 2 percent to 0.5 percent for the current fiscal year...

Budget 2022-23 to be presented today

ISLAMABAD: The coalition government is all set to present the Budget for the next fiscal year 2022-23 in the National Assembly (NA) today (Friday),...

Rs800bn to be allocated for development budget in next fiscal year

ISLAMABAD: The coalition government has decided to allocate Rs800 billion for the Public Sector Development Programme (PSDP) in the next fiscal year, ARY News...

Pakistan receives $19.62 bn in remittances during FY18

KARACHI: Pakistan witnessed a slight increase in remittances during the fiscal year 2018, said a statement by the State Bank of Pakistan. Overseas workers remitted...

Pakistan Railways sets revenue target of Rs53b for next fiscal year

ISLAMABAD: Pakistan Railways has set revenue target of Rs53 billion for the next fiscal year. According to the working paper prepared by Pakistan Railways on...

Foreign investment increases by 44 percent in fiscal year

ISLAMABAD: The net foreign investment in Pakistan has increased by more than 44 percent in the first seven months of the current fiscal year...

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