This year an additional IMF requirement from provinces is a Rs1.04tr transfer to the Centre under Article 164 of the Constitution.
Published20 Jun, 202605:08am
The budget was already on a tightrope; whether it walks it or falls depends less on what happens in Islamabad and more on goings-on in Washington and Tehran
Updated16 Jun, 202606:46pm
Two million households can now receive payments through cheques, ATMs or direct transfers via Raast, eliminating the need for elderly customers to stand in long queues.
Updated12 Jun, 202607:31am
Pakistan’s youth bulge was supposed to be its economic trump card, but it is now being nullified by nutritional shortfalls, exploitative employment and a lack of opportunities.
Updated08 Jun, 202609:16am
Ex-finance minister Hafeez Pasha says foreign inflows could encourage disproportionate investment in real-estate; PIDE sees around a million workers’ livelihoods being affected if conflict prolongs.
Updated04 Jun, 202607:32am
Earning too much to qualify for assistance, but too little to survive surging prices, white-collar families are slipping through the cracks of a historic cost-of-living crisis.
Updated01 Jun, 202608:03am
Marriage halls increase rates or avoid long-term pricing commitments due to economic uncertainty; govt austerity measures have led to stricter enforcement of wedding regulations.
Updated09 May, 202607:17am
Experts and masses are dazed alike by the whirlwind changes due to the recent conflict, including a rapidly shifting petrol price and the return of $3.5bn in debt to the UAE.
Updated06 Apr, 202609:35am
External sector may face $12-14bn shock over next year, warns Hafiz Pasha; ex-SBP chief Ishrat insists daily fuel price adjustments may cut hoarding incentives.
Published15 Mar, 202607:25am
