Jordan's economic performance during the first half of this year combined improvement in some key economic indicators and the continued economic challenges that require strategic solutions to achieve sustainable growth.
The residents of Pakistan-occupied Gilgit-Baltistan (PoGB) have expressed dissatisfaction and anger regarding the recent government budget, complaining that the budgetary allocations are inadequate and ineffective, reported Skardu TV.
This decision was ratified on Sunday during a special session of the Economic Coordination Committee (ECC), chaired by Finance Minister Muhammad Aurangzeb, as part of measures to fulfill obligations under a three-year IMF loan program.
Pakistan Finance Minister Muhammad Aurangzeb expressed confidence that the country would secure an extended loan programme with the International Monetary Fund (IMF), adding that it could contribute to macroeconomic stability, reported Dawn.
In an amendment to Finance Bill 2024, which was presented to the National Assembly on June 12, the government reduced the Petroleum Development Levy (PDL) on diesel and petrol from Pakistani Rupees (PKR) 80 to PKR 70 per litre but increased it from the existing PKR 60.
Pakistan's parliament on Friday passed a tax-heavy finance bill for the upcoming fiscal year amid ongoing negotiations for a new International Monetary Fund (IMF) bailout.
The IMF statement said that the USCIRF's report appears to be unduly influenced by NGOs and activists who have been at the receiving end of regulations that have nothing to do with religion or religious identity.
India is at the threshold of a major structural shift in its growth trajectory, highlighted Shaktikanta Das, Reserve Bank of India Governor, on Tuesday during his address at the 188th AGM (Annual General Meeting) of Bombay Chamber of Commerce & Industry.
Pakistan Peoples Party (PPP) Chairman Bilawal Bhutto Zardari will meet Pakistan Prime Minister Shehbaz Sharif on Thursday, to lay his party's reservations on the proposed budget for the fiscal year 2025, Geo News reported.
The financial planning of Pakistan at a time when the country is grappling with a massive economic crisis, clearly shows that the federal government is "least bothered" with the plight of the people and just wants to take the easy route and enjoy the ride for however long it is in power.
There is widespread anger in Pakistan towards the government over the significant tax hikes that the authorities have levied to boost state revenues with an aim to achieve approval for an International Monetary Fund's (IMF) bailout to prevent another economic crisis in Pakistan.