economic survey of pakistan – BOL News Staging

Rupee strengthens against dollar

June 11, 2021 by Web Desk

KARACHI: The rupee gained 18 paisas against the US dollar on Friday, owing to positive economic indicators shown in the Economic Survey of Pakistan.

The exchange rate closed at Rs155.74 against the dollar from the previous day’s closing of Rs155.92 in the interbank foreign exchange market.

Dealers said the local currency was supported by the improved economic indicators reported in the Economic Survey of Pakistan, released on June 10.

The survey revealed GDP growth at 3.94 per cent despite tough times due to the Covid-19 pandemic.
They also said the market was also anticipating the announcement of several relief measures in the Federal Budget 2021/22.

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Economic Survey: Inflation Decreased Significantly Compared To Last Year

June 11, 2021June 11, 2021 by Aizbah Khan

Amid higher commodity prices, the Economic Survey for the year 2020-2021 states that the July-April Consumer Price Index (CPI) recorded inflation at 8.6 per cent against 11.2 per cent in the same period last year. According to the details, non-perishable food items contributed to the rise in food and non-alcoholic beverages, which increased by 16% … Read more

Economic Survey: Tax exemptions, concessions worth Rs1.31 trillion granted in 2020/21

October 18, 2021June 10, 2021 by Web Desk

KARACHI: The government has allowed tax exemptions and concessions of Rs1.314 trillion during the outgoing fiscal year 2020/21, which is 14.26 per cent higher than the preceding fiscal year. The total tax exemptions and concessions during the fiscal year 2019/20 were at Rs1.15 trillion, according to the Economic Survey of Pakistan released on Thursday. The … Read more

Economic Survey: Industrial, services sectors enabled 3.94% GDP growth: Tarin

October 18, 2021June 10, 2021 by Web Desk

KARACHI: Finance Minister Shaukat Tarin has said that 9 per cent growth in the large scale manufacturing (LSM) along with robust services sector performance enabled the country post 3.94 per cent GDP growth in the first nine months of the current fiscal year. Unveiling the Pakistan Economic Survey 2020/21 on Thursday, Tarin said that the … Read more

Budget 2020-21: Abdul Hafeez Shaikh presents the Economic Survey of Pakistan

June 11, 2020 by Komal Fatima

Advisor to the Prime Minister on Finance Abdul Hafeez Shaikh has presented the Economic Survey of Pakistan 2019-20 today. Hafeez Shaikh is addressing media on regarding the Economic Survey. He said that Pakistan’s loans increased to Rs25,000bn and they would amount to Rs30,000bn if the total debts and liabilities were included. Hafeez Shaikh said that … Read more

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