Page 7 - Public Sector Development Program News Today

ISLAMABAD: The federal government has allocated Rs13.1 billion for health sector in the federal budget 2023-24. Of the total health budget, Rs2.5 billion was earmarked for 9 new schemes under the...

ISLAMABAD: Finance Minister Ishaq Dar Friday presented an expansionary budget proposal of Rs14.46 trillion for FY2023-24 amid an unrelenting pressure of the International Monetary Fund. In the...

While addressing the Post-Budget 2023-24 news briefing in Islamabad on Saturday, Ishaq Dar was confident that the European Countries will extend the GSP-Plus statues of Pakistan.

ISLAMABAD: Finance Minister Ishaq Dar defended his government’s decision to propose an allocation of Rs950 billion and Rs200 billion from the Public and Private Partnership mode — a...

Rs1.2b allocated for establishment of 200-bed emergency centre at PIMS

Finance Minister Ishaq Dar will present the federal budget 2023-24 in parliament today at 4 PM. The Rs. 14.5-14.7 trillion budget comprises 1,210

Pakistans GDP saw only 0.3% growth in the 2022-23 fiscal year, compared to the projected 5%, according to the Pakistan Economic Survey. The agriculture sector grew by 1.55%, while industries declined by 2.94% and the services sector grew by only 0.86%, contributing nearly 60% to the countrys GDP.

Finance Minister Ishaq Dar, who presented the budget in the National Assembly, the lower house of parliament, said the government will target a growth rate of 3.5 per cent in the coming fiscal year.

He said that the inflation target for the next fiscal year would be 21 per cent while the budget deficit would be 6.54 per cent of the GDP. He said that the export target would be Rs 30 billion and the target of remittances would be Rs 33 billion.

Cash-strapped Pakistan on Friday hiked defence spending by 15.5 per cent and allocated over Rs 1.8 trillion, as the government unveiled a Rs 14.4 trillion budget for 2023-24 as it battled to fend off a looming default due to shrinking foreign reserve