Tag Archives: FBR

The State Bank of Pakistan (SBP) in its latest Monetary Policy Statement (MPS) has kept the Policy Rate intact at 7.0%. The Policy Rate has remained unchanged since 25th June 2020, when the SBP had reduced the Policy Rate by …

Country’s 60pc broad-based LSM units post positive growth Overseas workers’ remittances rise to 2.228bn in Nov 2020 FBR has surpassed tax collection target during July-Nov 2020 Current Account Balance stands at surplus of $447 million in Nov 2020 SBP Reserves …

Prime Minister claims that the government has created financial discipline for the first time in the history of the country whereas current account is in surplus for the first time in last 17 years. International media is praising Pakistan on …

Currently Pakistan’s real estate serves as a big pillar in Pakistan economy. According to the World Bank estimate, real estate contributes 60 to 70% of the country’s total wealth and total amount $300 to $400 billion. Unfortunately, since 2017 Pakistan …

Interview with Mr Ashfaq Yousuf Tola – President, TOLA ASSOCIATES Pakistan & Gulf Economist had an exclusive conversation with Mr Ashfaq Yousuf Tola regarding taxation and economy. Excerpts of the conversation are as follows: Through FA 2020, the definition of value …

Interview with Mr Khalid Tawab – Chairman, Tawab Group of Companies PAKISTAN & GULF ECONOMIST sought views of Mr Khalid Tawab vis-a-vis the foreign remittances received by Pakistan during these trying times. The excerpts of the conversation are as follows: Foreign …

Pakistan has successfully managed to handle COVID-19 so far but its impact on Pakistan’s economy is so far massive. In coming months; when the dust will settle only then the real impact could be determined. As a matter of fact; …

When I sat down to write a commentary on Federal Budget FY21, I faced two odds: 1) there was not much to discuss and 2) there was no substantive explanation on how trillions of rupees additional revenue will be collected. …

The federal budget for 2020-21 is set in difficult circumstances with an exceptional degree of uncertainty generated by COVID-19. The economy was already reeling under the sharp slowdown brought on by the macroeconomic adjustment that began last July with accession …

The budget proposals for 2020-2021, prepared by the Adviser on Finance and Revenue, Dr. Hafeez Shaikh — against the backdrop of potentially the biggest public health emergency and economic downturn in generations — and presented on the floor of the …

Sindh Budget The Sindh government presented the budget for FY2020-21 with a total outlay of Rs1.24 trillion with an estimated narrow deficit despite falling inflows from the federal divisible pool. Sources mentioned that the province is hoping to generate revenue …

According to the State Bank of Pakistan (SBP) report, the credit to the private sector continued its downward trajectory in H1-FY20, as businesses continued to scale down their activities and increasingly resorted to internal financing. This trend was consistent with …