ISLAMABAD: The Central Development Working Party (CDWP) on Monday approved eight projects worth Rs30.2 billion, while it recommended two projects worth Rs65.9 billion to the Executive Committee of the National Economic Council (Ecnec) for further consideration. The CDWP meeting was presided over by Planning Commission deputy chairman Mohammad Jehanzeb Khan. During the meeting, the Ministry … Read more
ISLAMABAD: Pakistan’s fiscal deficit narrowed to 0.8 per cent of the Gross Domestic Product (GDP) during the first quarter of the fiscal year 2021/22, according to the monthly Economic Update and Outlook for November released by the Finance Ministry. Last year, the deficit during the period was recorded at 1.1 per cent of GDP, it … Read more
ISLAMABAD: Adviser to the Prime Minister on Finance and Revenue Shaukat Tarin has said that the International Monetary Fund (IMF) has demanded the Pakistan government to fulfil some more conditions prior to the sixth staff-level review agreement under its $6 billion Extended Fund Facility (EFF) programme. In an informal discussion with newsmen at the Corporate … Read more
