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The Pakistan federal budget of Fiscal year of 2012–2013 was the federal budget of Pakistan for the fiscal year beginning from 1 July 2012 and ending on 30 June 2013. [ 1 ] The budget was formally presented on 1 June 2012 by Finance Minister Dr. Abdul Hafeez Sheikh during a National Assembly session.
The Pakistan federal budget of 2011–2012 was presented in the National Assembly with a total outlay of 3.767 trillion rupees for fiscal year 2011–12. The budget was prepared in accordance with the budgeting and accounting classification system approved by the Government of Pakistan as an integral part of the new accounting model.
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 ...
[3] [4] 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 ]
Board of Investment's global network will show companies why Pakistan is an ideal strategic choice for growth. By contacting the nearest Pakistani Embassy , High Commission, or Consulate, a company can get the information and assistance they need to make the right decisions.
Conversely, some periods, such as the decade from 2011 to 2020, saw higher-than-average returns, with years like 2013 and 2019 witnessing returns of over 30 percent.
Iran assured Pakistan that it is sincerely working to provide assistance and support for overcoming the energy crisis. Sharmeen Obaid-Chinoy becomes the first Pakistani to ever win an Oscar. At the 84th Academy Awards , her documentary on the reconstructive surgery of acid attack victims, Saving Face wins for Best Documentary (Short Subject) .
The Companies Act, 2013 in India requires companies that have a network of INR 500 crore, turnover of INR 1,000 crore, or a net profit of INR 5 crore to commit 2% of average net profits to pursue CSR policy. [24] It is the only country in the world to do so. [citation needed] Eligible CSR activities include: Reducing child mortality