Pakistan Cabinet to discuss macro economic indicators for 2017-18

News Image

MG News | May 11, 2017 at 01:16 PM GMT+05:00

0:00

Pakistan Finance Ministry to present new fiscal year Budgetary Paper before the Cabinet to be chaired by the Prime Minister Nawaz Sharif which would be approved for the upcoming Federal Budget announcement.

Prime Minister Nawaz Sharif would chair the meeting of Federal Cabinet, beside several other issues to be discussed; the Cabinet would discuss key economic indicators for the current and new fiscal years.

It is expected that Economic Growth target for the next fiscal year would be fixed at 6 percent, fiscal deficit would be aimed to be reduced to 3.8 percent of the GDP and the debt to GDP ratio would be fixed at 60.2 percent.

The government also aim to increase the tax to GDP ratio to 10 percent.                        
 

Related News

Name Price/Vol %Chg/NChg
KSE100 165,750.00
137.11M
-0.48%
-803.28
ALLSHR 100,994.86
474.63M
-0.30%
-301.81
KSE30 50,561.76
44.07M
-0.67%
-341.51
KMI30 240,391.34
24.76M
-0.40%
-956.52
KMIALLSHR 66,432.93
171.01M
-0.14%
-91.44
BKTi 47,082.77
26.53M
-1.46%
-696.24
OGTi 33,062.31
6.73M
0.45%
149.11
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 109,045.00 109,140.00
107,055.00
1100.00
1.02%
BRENT CRUDE 64.75 64.76
63.86
2.16
3.45%
RICHARDS BAY COAL MONTHLY 80.50 0.00
0.00
-1.00
-1.23%
ROTTERDAM COAL MONTHLY 92.75 0.00
0.00
0.70
0.76%
USD RBD PALM OLEIN 1,085.00 1,085.00
1,085.00
0.00
0.00%
CRUDE OIL - WTI 60.58 60.61
59.64
2.08
3.56%
SUGAR #11 WORLD 15.13 15.44
15.03
-0.11
-0.72%

Chart of the Day


Latest News
October 23, 2025 at 10:10 AM GMT+05:00

Bank Alfalah pays 75% dividend despite 39% decrease in profit


October 23, 2025 at 10:04 AM GMT+05:00

Dar demands urgent cotton reforms


October 23, 2025 at 09:57 AM GMT+05:00

NBP issues foreign exchange rates


October 23, 2025 at 09:43 AM GMT+05:00

Air Link Communication's quarterly profit jumps 88%



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg