An ambitious Budget in profound times Finance Minister Dr Hafeez Sheikh on Friday projected a budget deficit of 4 percent of GDP in line with the recommendations made by the IMF during meetings held in Dubai (May 11-17). Read more...

An ambitious Budget in profound times Fiscal deficit to be lowered to four percent ... Rs 39. 513 billion allocated for education Rs 166. 448 billion set aside for subsidies Defence allocation raised by 12 percent Opposition rejects budget	17 percent sales tax cut to 16 percent; Federal investments on current account raised... Energy shortages: circular debt chief factor Energy shortages: circular debt chief factor Rs 11. 68 billion for loans to public sector ... Rs 1. 952 trillion tax collection target set