Search For "fiscal year"
World Bank lowers Pakistan's growth forecast to 4.3pc
Updated : 3 years, 11 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 : 3 years, 11 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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RBI cuts real GDP growth projection to 7.2 pc for FY 23
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): While maintaining an accommodative stance, the Reserve Bank of India (RBI) on Friday cut the real Gross Domestic Product (GDP) growth projection for the current Financial Year 2022-23 to 7.2 per cent, against the earlier projection of 7.8 per c
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Equity indices flat amid volatility ahead of RBI's first Monetary Policy C
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], April 8 (ANI): Equity indices opened flat on Friday amid the volatility ahead of the policy outcome of the Reserve Bank of India's (RBI) first Monetary Policy Committee meeting this fiscal year.
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ADB forecasts gloomy picture for Pakistan's economy
Updated : 3 years, 11 months ago IST
Islamabad [Pakistan], April 7 (ANI): The Asian Development Bank (ADB) on Wednesday forecast Pakistan's economic growth rate to slow down to 4 per cent this year from 5.6 pc in the Fiscal Year 2021.
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Odisha has shown spectacular 10.1 pc growth in fiscal year 2021-22: CM
Updated : 3 years, 11 months ago IST
Bhubaneswar (Odisha) [India], April 2 (ANI): Odisha Chief Minister Naveen Patnaik on Saturday stated that Odisha has shown a spectacular growth of 10.1 per cent in the fiscal year 2021-22, which is way ahead of that of the national GDP during the same period.
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Tripura Deputy CM tables Rs 26,893 crore tax-free deficit budget, emphasis
Updated : 3 years, 12 months ago IST
Agartala (Tripura) [India], March 17 (ANI): Tripura Deputy Chief Minister Jishnu Dev Varma, who also holds the charge of the State Finance department on Thursday presented his fifth budget in the state assembly for the fiscal year 2022-23.
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Kinara Capital advances HerVikas business loans program for women; commits
Updated : 4 years ago IST
Bangalore (Karnataka) [India], March 15 (ANI/NewsVoir): Kinara Capital, India's fast-growing MSME fintech, is advancing women entrepreneurship with a commitment to disburse INR 200 crores via its HerVikas women business loans program in the coming fiscal year FY22-23. HerVikas offers MSME wo
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Pakistan: Audit for 2020-21 finds irregularities in financial affairs of P
Updated : 4 years ago IST
Islamabad [Pakistan], March 6 (ANI): Audit of 2020-21 fiscal year has revealed various irregularities in the financial affairs of the Press Information Department (PID), a key wing of the Ministry of Information and Broadcasting in Pakistan, local media reported.
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Pakistan's foreign debt at record high, country plunged into economic chao
Updated : 4 years ago IST
Islamabad [Pakistan], February 25 (ANI): Pakistan's economy is already crumbling and amid this, the country's Foreign Debt has jumped to a record USD 13.1 billion in the first seven months of the current fiscal year.
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Pak should take measures to generate PKR 1.1 tr extra revenue in budget to
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 6 (ANI): Amid the rising inflation in Pakistan, the International Monetary Fund (IMF) has said that the Imran Khan government needs to introduce revenue measures in its annual budget for the next fiscal year to generate additional revenue worth PKR 1.1 trillion
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State Bank of Pakistan emphasizes country's challenges in tackling inflati
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 4 (ANI): State Bank of Pakistan (SBP) governor's Dr Reza Baqir on Thursday emphasized controlling inflation and current account deficit as economic growth may slow down to 4.5 per cent.
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