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Fiscal deficit narrows to 8.1pc in last fiscal year

Fiscal deficit narrows to 8.1pc in last fiscal year

The country’s fiscal deficit in the fiscal year 2019-20 stood at 8.1 percent of the GDP, data released by the Ministry of Finance showed on Wednesday. In figures, the budget deficit in FY20 amounted to…

Big industry plummets 10.7pc in June

Big industry plummets 10.7pc in June

The Large Scale Manufacturing of the country showed a decrease of 10.17 percent in FY20, data released by the Pakistan Bureau of Statistics showed on Wednesday. “The overall output of LSMI decreased by 10.17% for…

Mixed auto sales in July

Mixed auto sales in July

Passenger car sales during the month of July fell 7.7 per cent year-on-year to 10,123 units from 10,968 units sold in the corresponding month of last year, data released by the Pakistan Automotive Manufacturers’ Association…

Business confidence weakens

Business confidence weakens

A survey conducted to gauge business confidence in the country between May to June 2020 on Wednesday showed that the confidence of businesses in the country has plummeted. The Overseas Investors Chamber of Commerce and…

Dr Faisal Sultan appointed PM’s assistant on health

Dr Faisal Sultan appointed PM’s assistant on health

Shaukat Khanum Memorial Cancer Hospital and Research Centre Chief Executive Officer Dr Faisal Sultan was appointed Special Assistant to the Prime Minister on Health replacing the outgoing Dr. Zafar Mirza who last week submitted his…

Some tourist spots to be reopened after Eid

Some tourist spots to be reopened after Eid

Government on Sunday said that some of the tourist spots with few cases of coronavirus will be reopened after Eid as it looks to ease restrictions following the significant decline in the number of Covid-19…

Mohd Aamir available to join squad in England

Mohd Aamir available to join squad in England

Fast bowler Muhammad Amir had earlier, before the squad for England tour was finalised, had excused himself from participating in the series as he was expecting a baby sometime during the scheduled tour.  On July…

Pakistan’s high population growth worrisome

Pakistan’s high population growth worrisome

Pakistan is sitting on a ticking population bomb as the country’s total inhabitants has reached 220.9 million, as the average children from each couple in the country is around 3.6 per annum, says a population…

COVID Cases Decline as Recoveries cross 200,000 mark

COVID Cases Decline as Recoveries cross 200,000 mark

The number of new Covid-19 cases in the country has declined sharply over the last two weeks with the government dubbing the decline in the number of cases as a major victory.  The number of…

Govt approves 10pc increase in drug prices

Govt approves 10pc increase in drug prices

The federal government on Saturday allowed upto 10 percent increase in the prices of medicines across the country by introducing amendments to the Drug Pricing Policy, 2018.  Through changes to the policy, the government allowed…