KP Budget 2017-18 Focuses on Transport and Education

KP Budget 2017-18

The Khyber Pakhtunkhwa government announced its Rs. 603 billion election-year budget. The KP budget 2017-18 promises a Rapid Bus Transit corridor for the province’s capital, costing Rs. 53 billion. Presenting the budget, Finance Minister KP, Muzafar Said said that the budget was tax-free and balanced. The current year’s budget Rs. 505 billion is More...

by Faiza Malik | Published 3 weeks ago
Pakistan Railways and GE
By Faiza Malik On Friday, June 9th, 2017
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Pakistan Railways and GE Signed Contract for 20 New Locomotives

Pakistan Railways and GE (General Electric) signed a contract to buy 20 lighter weight locomotives for railways’ support in the transportation of passengers and goods across the country’s mountainous northern More...

Qatar relations with UAE
By Faiza Malik On Tuesday, June 6th, 2017
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Qatar relations with UAE, Saudi, Egypt, Bahrain and Yemen in deep turmoil

Qatar has been making headlines since Monday, the most powerful members of the Gulf Cooperation Council (GCC) have accused Qatar of supporting terrorism resulting in a deep and extraordinary rift in Qatar relations More...

Chinese Bus Manufacturing Plant in Pakistan
By Faiza Malik On Monday, June 5th, 2017
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Chinese Bus Manufacturing Plant in Pakistan

Pakistan and China are exploring new businesses. There were certain business ventures untapped between the two countries, however the China-Pakistan Economic Corridor (CPEC) has opened those. A Chinese bus manufacturing More...

Budget 2017-18
By Faiza Malik On Saturday, May 27th, 2017
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PML-N government’s fifth Fiscal Budget 2017-18 for Pakistan

On Friday, the government of PML-N Pakistan announced the Federal Budget 2017-18 for Pakistan in the National Assembly. The session began with a little turbulence when Finance Minister Ishaq Dar was asked not to More...

Pakistan Defence Budget 2017-18
By Faiza Malik On Saturday, May 27th, 2017
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Pakistan Defence Budget 2017-18 set at Rs920.2 billion

Pakistan defence budget 2017-18 as being announced in the Budget 2017-18 speech, for expenditure on defence, in the upcoming financial year will be 7% higher than it has been in the outgoing year, estimated Rs920.2 More...

US military aid to Pakistan
By Faiza Malik On Thursday, May 25th, 2017
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US military aid to Pakistan may be converted into loans

The United States’ Trump administration’s budget proposal is most likely going to convert US military aid to Pakistan into loans, not only US military aid to Pakistan but many other countries will also come More...

Pakistan Fiscal budget 2017-18
By Faiza Malik On Tuesday, May 23rd, 2017
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Pakistan Fiscal budget 2017-18 expected on May 26

A summary has been sent to President Mamnoon Hussain suggesting that the National Assembly and Senate sessions should be summoned on May 24 and 26, Prime Minister also suggested the President to present Pakistan More...

global trade to pass through Gwadar
By Faiza Malik On Saturday, May 13th, 2017
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Pakistan expects up to 4% of global trade to pass through Gwadar by 2020

Pakistan’s debt and other repayments on China’s “Belt and Road” initiative will peak at around $5 billion in 2022, but global trade to pass through Gwadar will be more than offset by transit fees charged More...

Moodys rating of Pakistan
By Faiza Malik On Thursday, May 11th, 2017
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Moodys rating of Pakistan of B3 reflects stability

Credit rating agency Moody’s annual credit analysis of Pakistan after assessing and determining the strong economic growth and reduced fiscal deficits has been positive. Moodys rating of Pakistan stands at More...