Islamabad, June 12, 2020: The Federal government has cut the Public Sector Development Programme (PSDP) 2020-21budget by 18 percent for the next fiscal year (FY21). The Public Sector Development Programme (PSDP) is the main instrument for improving the socio-economic conditions in the country and achieving the macroeconomic and development objectives and targets set by the…
Karachi, February 07, 2020: Cement sector continued to post growth in the month of January as its total despatches increased to 4.074 million tons, an increase of 11.26 percent from 3.662 million tons during the same month last year. As per the data released by All Pakistan Cement Manufacturers’ Association (APCMA) domestic consumption increased by…
Karachi, June 14, 2019: The Sindh Government on Friday presented a budget estimated Rs 1.218 trillion for the next fiscal year 2019-20 (FY20). Syed Murad Ali Shah chief Minister Sindh, who is also holding a portfolio of Minister Financed presented the budget in the Sindh Assembly on Friday and said that the total receipts of…
Islamabad, June 11, 2019:The Gross Domestic Product (GDP) is expected to pick up and grow at 4 percent during the upcoming fiscal year 2019-20, with contribution of 3.5 percent from agriculture, 2.3 percent from Industry and 4.8 percent from services sector, according to Annual Plan 2019-20 released by the government here Tuesday. According to the…
By Muhammad Abdullah Karachi, April 22, 2019: Pakistan’s exports of IT and IT-enabled services surged to $808 million by the end of third quarter 2018-19, showing a stagnant growth compared with the corresponding period of the previous year. According to the State Bank of Pakistan (SBP), exports of IT and IT-enabled services increased to $808…