growth Archives - Pakistan News International

Tarin chairs EAC 3rd meeting, highlights planning for sustainable, inclusive growth

ISLAMABAD, Federal Minister for Finance and Revenue, Shaukat Tarin Saturday stressed the importance of long-term planning for achieving sustainable and all-inclusive economic growth. Chairing the third meeting of the Economic Advisory Council (EAC), the finance minister said that the Prime Minister had re-constituted EAC, after […]

Revenue collection witnesses historic 18% growth, mounts to over Rs4.7 trillion

ISLAMABAD, The revenue collection by the Federal Board of Revenue (FBR) witnessed historic growth of 18 percent during the fiscal year 2020-21 and mounted to Rs4,732 billion against the collection of Rs3,997 billion during FY2019-20. According to provisional figures released by FBR here Thursday, the […]

Pakistan moving towards sustainable, inclusive growth: Tarin

ISLAMABAD, Minister for Finance Shaukat Tarin Saturday said after implementing short term and medium term structural reforms in the country’s economy, Pakistan was now moving towards sustainable and inclusive growth. We are on road to just have a comprehensive economic road map which we will […]

Bad days over; time for growth, wealth creation & jobs: PM

ISLAMABAD, Prime Minister Imran Khan Friday said the country’s economic turnaround had brought down the curtains on bad days and heralded the time for economic growth, wealth creation and jobs for youth. “I believe, we have gone through the worst time. Insha Allah (God willing), […]

Gov’t focusing on targeted sectors to ensure inclusive, sustainable growth: Tarin

ISLAMABAD, Federal Minister for Finance and Revenue, Shaukat Tarin on Sunday said government was determined to ensure inclusive and sustainable growth by focusing on development of few targeted sectors of economy including revenues, agriculture, industry and external trade. Addressing a webinar titled, “Budget 2020: Balancing […]

Pakistan economy on solid growth path; has potential to grow at faster pace: Khaleej Times

ISLAMABAD, Pakistan economy is on solid growth path and has potential to grow at much higher rate in next five years despite a challenging environment across the globe, Khaleej Times reported while quoting experts. Top government officials, analysts and corporate leaders repose trust in growing […]

Reforms by SECP lead to 39pc growth in new companies’ registration

ISLAABAD-A host of reforms introduced by the Securities and Exchange Commission of Pakistan (SECP) for ease of doing business have led to 39 per cent corporate growth in February compared to the same month last year. The Corporate Registrar has incorporated 2,257 new companies and startups in […]

ADB endorses new 5-year CPS to help restore Pak economic stability, growth

ISLAMABAD-The Asian Development Bank (ADB) has endorsed a new 5-year country partnership strategy (CPS) to help restore economic stability and growth in Pakistan, enhance people’s well-being, create jobs, and expand economic opportunities as the country works to overcome the coronavirus disease (COVID-19) pandemic. The pandemic has interrupted […]

Pak economy to witness modest 1.5 per cent growth in FY2021: Moody’s

ISLAMABAD-Moody’s Investors Services (Moody’s) has noted that economic activity in Pakistan would remain below pre-outbreak levels, although the economy should return to a modest 1.5 per cent growth in fiscal 2021. Moody’s in its latest report “Pakistan banks face slow economic recovery, but solid funding […]

Workers’ remittances up 14.1% to $2.3bln in October, witness 26.4% growth in 4 months

ISLAMABAD, :The Workers’ remittances mounted to $ 2.3 billion during October 2020, showing an increase of 14.1 percent during the month under review when compared to October 2019. This is for the fifth consecutive month that workers’ remittances remained above $2.0 billion for in October […]

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