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All Stories: spending

Over Rs373.91 billion spent under PSDP in FY22-23

ISLAMABAD: Federal government released over Rs609 billion out of which Rs373.91 billion were spent under the Public Sector Development Programme (PSDP) during the first...

Asad Umar announces completion of 20 water reservoir projects in 2020

"We have utilized 39 percent of the funds earmarked for the uplift projects during the first eight months of the fiscal year, breaking the six-year record of federal spending," said Asad Umar.

India plans to cut spending to curb deficit

India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees as it faces one of the biggest tax shortfalls in recent years,

Increase in spending on social sector priority of govt: president

ISLAMABAD: President Dr Arif Alvi has said that increase in the spending on social sector was priority of the government. He was talking to Regional...

With back pain, depression tied to higher healthcare spending: study

WASHINGTON: When patients with painful back problems are also depressed, they have significantly higher healthcare costs than back-pain patients without depression, a U.S. study...

NATO summit in crisis over Trump spending demands

NATO leaders held emergency talks at their summit after Donald Trump demanded allies immediately increase defence spending, throwing the meeting into crisis.

IMF urges Saudi to contain spending as deficit widens

DUBAI: The International Monetary Fund has called on Saudi Arabia to keep public spending under control, even as a partial recovery of oil prices...

China boosts defence spending, rattling its neighbours’ nerves

BEIJING: China unveiled its largest rise in defence spending in three years on Monday, setting a target of 8.1 percent growth for this year,...

IMF chief urges Arab states to slash spending

DUBAI: IMF chief Christine Lagarde on Saturday urged Arab countries to slash public wages and subsidies in order to rein in spending, achieve sustainable...

FIFA report details spending of Blatter era

LAUSANNE, SWITZERLAND: A copy of a report seen by AFP into the state of FIFA commissioned by Gianni Infantino after his election as president...

Govt spending over Rs3.5 bn on promotion of education in FATA

ISLAMABAD: The federal government is spending three and a half billion rupees on promotion of education in FATA. Sources of FATA Secretariat said that the...

US Black Friday: more shoppers but less spent per head

WASHINGTON: The American shopping orgy known as Black Friday lured more buyers this year but they spent less per person thanks to great bargains,...

Chinese spend billions on Singles’ Day

BEIJING: Chinese shoppers unleashed a record deluge of cash online for Singles Day on Friday, Alibaba said, spending almost $18 billion with the e-commerce...

Revealed: Priyanka spending a ‘bomb’ on her skincare

MUMBAI: Famed Bollywood actress Priyanka Chopra has gone far beyond proving her mettle in the showbiz industry and now the lady in flying high in Hollywood.

IMF urges key G20 countries to spend more for growth

CHENGDU: The International Monetary Fund (IMF) has warned risks to the global economy are growing, as it called on some G20 nations to boost government spending.

Prime Minister House spent Rs 10 million on tea in a year

LAHORE: The Prime Minister House spent a considerable amount of Rs 10 million on  tea in a year, ARY News reported.

Weak U.S. business spending plans point to slower economic growth

WASHINGTON: A gauge of U.S. business investment plans fell for a second straight month in September, the latest indication that economic growth braked sharply in the third quarter.

Cut '8 days of military spending' for universal education: Malala

OSLO: Nobel Peace Prize laureate Malala Yousafzai on Tuesday urged world leaders to cut "eight days of military spending" to give all children access to 12 years of free education.

Obama proposes $3.99 trillion budget, draws scorn from Republicans

WASHINGTON: President Barack Obama on Monday proposed a $3.99 trillion budget that drew scorn from Republicans and set up battles over tax reform, infrastructure spending, and the quest to prove which party best represents the middle class.

US economic growth in 2014 fastest in four years

WASHINGTON: The US economy grew at its fastest pace in four years in 2014, outpacing all of the other major developed countries as consumers gained confidence helped by sinking oil prices.
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