Miftah criticized the former Finance Minister Shaukat Tarin for claiming that he left the money to fund these subsidies, adding that Tarin used to be a technocrat till this age, but now he talks like Imran Khan’s young supporters.
Economy
A meeting of the National Economic Council is being scheduled for June 7, followed by a special cabinet meeting on the budget on June 10.
finance minister welcomed the decline in the current account (CA) deficit for the month of April, which sharply declined by 39% during the month of April 2022, supported by lower goods import bill and record workers’ remittances.
Nikolay Vavilov, a Total Research strategist, told the Russian media that Russians spent more than $35 billion annually on travel and vacations abroad, of which at least 60 percent was spent in European countries.
State Bank of Pakistan has reported $145 million further decrease in its reserves last week as its total reserves stood at $10.16 billion
Ministry of Commerce today said the ban on import of 38 categories will be applicable with immediate effect
Tesla in April acknowledged that “relay attacks are known limitation of the passive entry system,” according to NCC Group.
The govt-IMF talks opened on a positive note as the two sides appeared converging to key principles — separating the state’s economic decision-making from politics.