The federal government has appointed Rashed Langrial of the Pakistan Administrative Service (PAS) as the Chairman of the Federal Board of Revenue (FBR). Sources revealed that the federal government has completed preparations for the new Chairman of FBR’s appointment, and approval for the appointment has been sought from the federal …
Read More »Govt seeks rollover of $ 9 bn from friendly countries
The federal government has prepared a plan to roll over a $9 billion loan from China and Saudi Arabia for the current fiscal year. Pakistan has over $20.8 billion in payments due, while it has assurances of $10.7 billion in project financing. The briefing mentioned that the government is in …
Read More »GDP growth & Inflation down main targets under new MTBSP
The federal government has issued a three-year economic plan and set economic targets under the Medium-Term Budget Strategy Paper. According to the Ministry of Finance, the aim is to increase the economic growth rate to 5.5% by the fiscal year 2027, while bringing the average inflation down to 7% over …
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