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In December 2001, the Government of Pakistan introduced Pakistan Investment Bonds (PIBs), replacing Federal Investment Bonds, with maturities of three, five, and ten years. [ 5 ] [ 6 ] The primary purpose of these scripless bonds was to establish a long-term yield curve to assist corporate entities in pricing their debt instruments. [ 5 ]
According to data of the Pakistan Bureau of Statistics, the Special Investment Facilitation Council (SIFC) was responsible for boosting Pakistan’s exports by 10% (to $30.64 billion) in FY2024. [29] In October, Bloomberg reported that Pakistan's local government bonds in 2024 earned $875 million in overseas inflows, among the highest returns ...
Pakistan’s new coalition government presented its first budget in parliament on Wednesday, promising an increase of up to 25% in the salaries of government employees and setting an ambitious tax ...
The National Finance Commission Award or NFC is a series of planned economic programs in Pakistan enacted since 1951. [1] Constituted under the Article 160 of the Constitution, the program was emerged to take control of financial imbalances and equally managed the financial resources to four provinces to meet their expenditure liabilities while alleviating the horizontal fiscal imbalances. [2]
The Pakistani leader of opposition, Omar Ayub and his party, the Pakistan Tehreek-e-Insaf have accused Shehbaz Sharif of corruption, and his formation of a government ministry as rigged and fraudulent. Imran Khan, Omar Ayub, and the PTI have accused Shehbaz’s first and second government of poor governance, corruption and fascism. [78]
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No taxes for government employes making less than Rs100,000 per month; Families with incomes less than Rs40,000 to be disbursed Rs2,000; Households using less than 200 units of electricity offered loans in instalments to buy solar panels; Bloomberg News reported the following budget measures: [5] Pakistan primary surplus target of 0.2% of GDP
Carl Orff (1895–1982), a German composer, known for his teaching method, the Orff Schulwerk Orff Schulwerk encompasses the Orff instruments and teaching methods for children; The Orff, a fictional alien species in K. A. Applegate's young adult book series, Animorphs; Gertrud Orff (1914–2000), one of the first German music therapists