Tag Archives: Budget

Recently, Prime Minister Imran Khan said that rising pension bill is a far more serious problem for the government than the power sector debt. It is a fact that unfunded pension liabilities are ballooning and will become financially untenable if …

With a total outlay of Rs465.528 billion, the Balochistan budget increases spending on education, as it allocates 17% or Rs64 billion for education in the new fiscal year 2020-21. The education sector has suffered from years of neglect and under-funding. …

The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay of Rs8,238 billion. The budget has been slated as a relief budget by the government, where the attempt has been …

These are extraordinary days where extraordinary steps and out of box solutions are required. Budget deficit was estimated around 7.2 percent in fiscal year 2019-20 which is around 8.9 percent; likewise budget deficit is being estimated at around 9.1 percent …

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. …

Whether budgetary conditionalities of the International Monetary Fund (IMF), directives of the State Bank of Pakistan (SBP), maneuvering of the statesmanship or commonalities of the common man, budget of the pandemic times is a very challenging proposition indeed. So very …

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 …

The Federal Budget FY21 has an estimated outlay of Rs7,295 billion, 11% lower as compared to last year’s budgeted outlay of Rs8,238 billion. The budget has been slated as a relief budget by the government, where the attempt has been …

Interview with Agha Shahab Ahmed Khan – President, Karachi Chamber of Commerce & Industry PAGE: What are your views on the Federal Budget? Agha Shahab Ahmed Khan: The Federal Budget for FY21 is by name a ‘Tax Free Budget’ as no …

Interview with Mr Ahmed Chinoy — Chairman of Pakistan Cloth Merchants Association PAKISTAN &GULF ECONOMIST had an exclusive conversation with Mr Ahmed Chinoy regarding the Federal Budget 2020-21 and current state of the economy. Following are the excerpts of the conversation: …

Budget At A Glance For FY 2020-21 (Rs. in Billion) Receipts Expenditure Tax Revenue 5,464 A. Current 6,345 – FBR Taxes 4,963 Interest Payments 2,946 – Other Taxes 501 Pension 470 – Non-Tax Revenue 1,109 Defence Affairs & Services 1,289 …