Federal Budget: Subsidies to fall by 54%
KARACHI: The government is reducing its targeted subsidy balance by 54% YoY to Rs699 billion for FY23. The subsidies granted to Independent Power Producers (IPPs) and Pakistan Holdings Private Limited…
Government likely to increase regulatory duties, Customs duties
KARACHI: Government recently took measures to ban import of luxury items to curtail outflow of foreign exchange reserves of the country. Analysts believe that given our rising Balance of Payment…
Key taxation measures expected in FY23 Budget
KARACHI: Pakistan Federal Budget FY23 Preview with tax revenue target of Rs7.25trn for FY23, analysts expect new taxation measures across various sectors in the upcoming budget. Supertax: FBR is mulling…
Government to set tax revenue collection target of Rs7.25trn for FY23
KARACHI: Government is likely to set tax revenue collection target of Rs7.25trn for FY23 (9.2% of GDP), which is up 19% from the revised target of Rs6.1trn (9% of GDP)…
Budget outlay for FY23 is estimated at Rs9-9.5trn
KARACHI: Government is expected to announce Federal Budget FY23 on June 10, 2022. Pakistan is eyeing revival of an IMF program and it is likely that the upcoming budget will…
Monetary Policy Statement
At its last meeting on 8th March 2022, the Monetary Policy Committee (MPC) noted in its statement the significant uncertainty around the outlook for international commodity prices and global financial…
Monetary Policy Statement
At today’s meeting, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 9.75 percent. This decision reflected the MPC’s view that the outlook for inflation has improved…