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Shell Pakistan said on Wednesday that its parent company, Shell unit Shell Petroleum Company, would be exiting Pakistan with the sale of its 77% shareholding in the local business. ....
Finance Minister Ishaq Dar announced the target during his budget speech to the national legislature. A source had said earlier in the day the budget would aim for a deficit of 7.7% of the gross domestic product for the 2023-24 fiscal year ....
Pakistan s government will target a budget deficit of 6.54% of economic output in the fiscal year starting on July 1, the finance minister said on Friday, slightly below the current year s revised estimate of 7%. ....
"(The budget) will be of no use unless inflation is reduced, the poor will only get relief if inflation is eased," Akhtar Khan, a labourer at a fruit and vegetable market in the capital Islamabad, told AFP. ....