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Tag: Federal Budget 2023-24

IMF says Pakistan ‘missed’ opportunity to broaden tax base

The International Monetary Fund (IMF) on Thursday expressed dissatisfaction with Pakistan’s recently presented budget, ARY News reported. Pakistan has barely enough currency reserves to cover...

Funds allocated, elections must be held on time: Ishaq Dar

ISLAMABAD: Federal Minister for Finance and Revenue Ishaq Dar on Saturday described the FY2023-24 budget as being different from past traditional budgets, emphasising its...

Budget 2023-24: Major announcements for salaries, EOBI pensions, CDNS

ISLAMABAD: The federal government has made important announcements for the salaries raise of the government employees, EOBI pensions, HBFC loans for widows, CDNS accounts...

Budget 2023-24: Rs2,250b allocated for agriculture sector

ISLAMABAD: The federal government has announced increased allocations for the agriculture sector from Rs1,800 billion to Rs2,250 with the apportionment for the solarisation of...

Ishaq Dar unveils federal budget for FY 2023-24 with total outlay of 14.5tr

ISLAMABAD: Federal Minister for Finance and Revenue Senator Ishaq Dar on Friday presented the federal budget for Fiscal Year 2023-24 with a total outlay...

Budget 2023-24: 682MW additional power to be generated from solar

ISLAMABAD: In order to address energy-related issues, the federal government has planned to generate an additional 682MW of electricity from solar energy in the...

Sindh to present FY24 budget on June 10

KARACHI: Sindh Chief Minister Syed Murad Ali Shah, who also holds the portfolio of Provincial Finance Minister, will present the Sindh budget for the...

Sheikh Rasheed says PDM govt failed in achieving economic targets

Awami Muslim League (AML) chief and former interior minister Sheikh Rasheed on Friday said the government utterly failed in achieving economic targets set for...

Federal Budget 2023-24: Tax on luxury items to remain unchanged

ISLAMABAD: The federal government is likely to keep a 25% sales tax on luxury items in the FY2023-24 federal budget, ARY News reported, citing...

Federal Budget 2023-24 to be presented tomorrow

ISLAMABAD: The federal government is set to announce the federal budget for the next fiscal year tomorrow with total volume exceeding Rs 13,800 billion,...

Pakistan’s new budget crucial to secure IMF board review

KARACHI: Passing a budget for fiscal year 2023-24 that meets IMF program objectives is key to paving the way for a final review under...

Budget 2023-24: PM decides to include uplift projects for KP’s merged districts

ISLAMABAD: Prime Minister (PM) Shehbaz Sharif on Wednesday decided to include special development projects in the upcoming budget for merged districts of Khyber Pakhtunkhwa...

Development budget of provinces slashed by Rs60 billion

ISLAMABAD: The overall development budget of the provinces has been slashed by Rs60 billion in the upcoming federal budget for FY2023-24, ARY News reported...

Govt likely to increase petroleum levy on IMF demand

ISLAMABAD: The federal government is considering increasing the levy on all petroleum products to fulfil another demand that the International Monetary Fund (IMF) set...

Govt decides to include energy reforms in Budget 2023-24

ISLAMABAD: The federal government on Tuesday decided to make energy reforms a part of the Budget 2023-24 in order to cut reliance on imported...

Federal Budget: Govt proposes Rs2.3bn for Sehat Sahulat Program

ISLAMABAD: The coalition government has decided to continue previous government’s Sehat Sahulat Program as it has proposed Rs2.30 bn funds for the project in...

Govt likely to raise tax on prize bonds in FY2023-24 budget

ISLAMABAD: The federal government is likely to raise the tax ratio on the prize bonds in the upcoming FY2023-24 budget, ARY News reported on...

NEC sets targets for FY 2023-24 federal budget

ISLAMABAD: Finance Minister Ishaq Dar will brief Prime Minister Shehbaz Sharif about targets of the next fiscal year's budget, citing sources ARY News reported...

Federal Budget 2023-24 to be presented in NA on June 09

ISLAMABAD: The economic team briefed Prime Minister Shehbaz Sharif about preparation of the budget for financial year 2023-24, ARY News reported on Tuesday. The briefing...

Fiscal Year 2023-24 federal budget likely on June 09/10

ISLAMABAD: Federal Budget for Fiscal Year 2023-24 will likely to be presented on June 09 or 10, citing sources ARY News reported on Wednesday. According...

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