In the shadow of the recent India-Pakistan military clashes, defense spending has been increased by 20 percent since last year. The Pakistani government this week presented a 17.57 trillion rupee ($63 ...

Pakistan, May 25 -- An International Monetary Fund (IMF) team has concluded its visit to Pakistan after discussions with authorities regarding the upcoming budget, broader economic policy and reforms ...

New Delhi: Pakistan, which has an overall debt of USD 274 billion, Tuesday raised its defence budget by a whopping 20 percent even as it cut its overall budget by 7 percent. In the new budget, the ...

ISLAMABAD (Reuters) -Pakistan's parliament on Friday passed the government's tax heavy finance bill for the coming fiscal year amid an annual inflation projection of up to 13.5% for June. The bill ...

The decision was reportedly made by the Economic Coordination Committee (ECC) of the cabinet in a meeting held on Tuesday. Pakistan government has approved PKRs 50 billion supplementary budget for the ...