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The 2023–24 Pakistan federal budget was the Federal Budget implemented by the government of Pakistan for the fiscal year 2023–24. The revised budget was presented to Parliament on 25 June, 2023 after Finance Minister Ishaq Dar introduced new taxation measures and expenditure cuts. The budget was accepted the next day.
The Pakistan government spent over 1 trillion rupees (about $16.7 billion) on poverty alleviation programs during the past four years, reducing poverty from 35% in 2000–01 to 29.3% in 2013 and further to 17% in 2015. [56] Rural poverty remains a pressing issue, as development in those areas has been significantly slower than in major urban areas.
GSP is the unit-level counterpart of the national gross domestic product (GDP), the most comprehensive measure of a country's economic activity. Dynamics Pakistan, in 2022, had a (GDP nominal) of around US$377 billion and (GDP PPP) of around US$1.512 trillion, according to trading economics. [ 1 ]
The 2024–25 Pakistan Federal Budget is a financial statement of the government's estimated receipts and expenditures for the fiscal year that runs from 1 July 2024 to 30 June 2025. [1] [2] On 12 June 2024, finance minister Muhammad Aurangzeb presented the federal budget with a total outlay of Rs18.877 trillion. [3] The same day, a copy of the ...
Pakistan has experienced an economic crisis as part of the 2022 political unrest. It has caused severe economic challenges for months due to which food, gas and oil prices have risen. As of 1 January 2025 Pakistan inflation rate was 4.1% lowest in 6.75 years. The Russian invasion of Ukraine has caused fuel prices to rise worldwide. Excessive ...
The Pakistan Bureau of Statistics (PBS) (Urdu: شماریاتِ بیورو پاکستان) is a federal agency under the Government of Pakistan. [1] It is an attached department of the Ministry of Planning, Development & Special Initiatives. It works for collecting statistics in the country. [2]
On June 7, 2024 President Asif Ali Zardari reconstituted the National Economic Council (NEC) of Pakistan under clause (1) of Article 156 of the constitution of Pakistan. The NEC being chaired by the Prime Minister Shehbaz Sharif, and includes the chief ministers of Sindh , KPK , Punjab and Balochistan , federal ministers, nominated provincial ...
The Government of Pakistan (Urdu: حکومتِ پاکستان, romanized: hukūmat-e-pākistān) (abbreviated as GoP), constitutionally known as the Federal Government, [a] commonly known as the Centre, [b] is the national authority of the Islamic Republic of Pakistan, a federal republic located in South Asia, consisting of four provinces and one federal territory.