Sharp increase in imports in first half of the ongoing financial year and frequent hike in petrol, gas and electricity tariffs triggered more than expected tax revenues during July-Dec period of 2021-22.
Economy
Sugar industry says the Punjab govt is not taking any serious measures to eliminate role and exploitation by middlemen
By increasing petroleum prices the govt has fulfilled another IMF requirement for the resumption of suspended loan
In first half of fiscal year 2021-22 the ministry has reported 4pc growth which will surge to 5pc at the end of this financial year
According to circular, the reinstated employees were relieved in August 2021 as per the ruling of the Supreme Court of Pakistan. However, on Dec 17, 2021, the apex court ordered the SNGPL to reinstate all the relieved staff members.
Dr. Ishrat said that the monetary and fiscal boards must not be dissolved under the upcoming law.
, Pakistan ranked first among the top 10 countries with the highest external debt of $127 billion, out of the 73 states eligible for the World Bank’s Debt Service Suspension Initiative.
Finance Minister Shaukat Tarin presented the mini-budget in the National Assembly after getting approval from the cabinet members