Major crops including wheat and construction sector were the two other key factors pulling down the growth rate.
Minister says crackdown on power theft launched, asks consumers to help identify thieves.
Budget to be announced on June 11; Sindh protests dropping of ongoing schemes under next PSDP.
This is the crux of the budget preparations ahead of APCC meeting being held on Thursday.
Oil supply on deferred payments will help partially offset increasing pressure on exchange rate
Defence and debt servicing remain fastest growing expenditure items.
Bike assemblers, oil marketing companies strongly oppose the idea.
Independent economists estimate a loss of almost one million jobs during the IMF programme.
An Orlando plenary of the FATF will set the stage for Pakistan’s future, says a senior government official.
Increase is one of prior actions under agreement with IMF for $6bn bailout package.
Under the current financial powers, the CDWP can itself approve projects costing no more than Rs3bn.
The APG will submit its analysis of the compliance report submitted by Pakistan to the FATF.
ECC gives Rs1.8bn additional subsidy to ex-Fata tribal agencies for Ramazan.
The ECC meeting has been called to formally approve Rs3 per unit subsidy announced by the PM for the industrial sector.
Ten-member delegation will defend Islamabad’s efforts against money laundering and terror financing.
The shakeup in the economic team has already delayed the budget to the second week of June, leaving limited time for
ISLAMABAD: Loaded with upfront policy actions worth over Rs700 billion...
Finance adviser says agreement now awaits a formal approval to be given by the IMF board of directors in Washington.
Combined federal and provincial spending will be lower over the current year.
Final deal remains elusive despite marathon talks all day.