Search For "current fiscal year"
Nepal govt reduces size of budget for current fiscal by 14 per cent
Updated : 3 years, 5 months ago IST
Bishnu Paudel, while publishing the mid-term budget review report also made it clear that the target of 8 per cent economic growth rate set for the current fiscal year also won't be achieved.
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Mission 2047: India's march to become third-largest economy
Updated : 3 years, 6 months ago IST
The World Bank's revision of Indian GDP growth projections from 6.4 per cent to 6.9 per cent in the current fiscal year is one among the many affirmations Indian policies and reforms have received in recent times.
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Pakistan's economic woes unlikely to resolve unless it fosters sustainable
Updated : 3 years, 7 months ago IST
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym
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Pakistan spent Rs 2.2 trillion on interest on debt, defence from July-Nove
Updated : 3 years, 7 months ago IST
In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs 50 trillion federal government debt stock. And in which, Finance Ministry paid Rs 1.7 trillion in interest cost, up by Rs 763 billion, sources said.
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Pakistan received USD 5.1bn in foreign loans in first five months of curre
Updated : 3 years, 7 months ago IST
Pakistan's Ministry of Economic Affairs (MEA) said it received about USD 5.115 billion in foreign assistance in 5MFY23 compared to USD 4.499 billion in the same period last year.
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S&P cuts India's growth forecast by 30 bps to 7 pc for 2022-23
Updated : 3 years, 8 months ago IST
S&P Global Ratings on Monday cut India's economic growth forecast for the current fiscal year ending March to 7 per cent as against 7.3 per cent projected earlier.
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IMF sees inflation peaking at 20 pc in Pakistan
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], August 25 (ANI): Pakistan's economy is slowing to around 3.5 per cent due to weakening economic conditions and the average inflation rate peaking to nearly 20 per cent by the end of the current fiscal year, according to the International Monetary Fund (IMF).
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Corporate tax collection grows 34 pc between April and July
Updated : 3 years, 12 months ago IST
New Delhi [India], August 13 (ANI): The corporate tax collection in the first four months of the current fiscal year has seen a growth of 34 per cent as compared to the corresponding period of the Fiscal Year 2021-2022.
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Pakistan to borrow PKR 5.5 trillion from international lenders
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], July 10 (ANI): Pakistan would borrow Pakistani Rupees (PKR) 5.5 trillion from international lenders in the current fiscal year to maintain their foreign exchange reserves, repay the previous loans and finance of current account deficit.
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Focus on digital security begins to bear fruit: DEKRA with 11 percent jump
Updated : 4 years, 3 months ago IST
New Delhi [India], May 5 (ANI/PRNewswire): Despite the massive economic impact of the coronavirus pandemic, DEKRA expects growth of around five percent in the current fiscal year.
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World Bank lowers Pakistan's growth forecast to 4.3pc
Updated : 4 years, 3 months ago IST
Islamabad [Pakistan], April 14 (ANI): Citing the additional burden on the budget put by the last-ditch energy subsidies by the outgoing Imran Khan government, the World Bank on Wednesday reduced Pakistan's economic growth rate forecast for the current fiscal year by almost one per cent, r
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Amid economic decline, Pakistan faces USD 2.5 billion debt servicing oblig
Updated : 4 years, 4 months ago IST
Islamabad [Pakistan], April 9 (ANI): Amid a declining economy and political instability, Pakistan has to pay back foreign debt to the tune of USD 2.5 billion on account of principal and mark-up obligations during the ongoing quarter (April-June) of the current fiscal year 2021-22.
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