Friday, September 29, 2023



New Pakistan budget will do little to allay IMF concerns: Experts

Islamabad, June 12: Pakistan's efforts to unlock access to the already agreed USD 6.5 billion loan package with IMF a quagmire after the cash-strapped country unveiled a subsidy and development-packed budget of Rs 14.46 trillion which experts say will do little to allay the concerns of the global lender. The Pakistan government on Friday unveiled a Rs 14.4 trillion budget for 2023-24 as it battled to fend off a looming default due to shrinking foreign reserves. The government claims to have shared the budget with the International Monetary Fund (IMF)....
North East

Meghalaya CM tables Rs 1,592 cr deficit budget, seeks to make state a billion dollar economy

Shillong, March 23: Meghalaya Chief Minister Conrad K Sangma on Thursday tabled a Rs 1,592 crore deficit budget for the 2023-24 fiscal, proposing no new tax, and asserted that efforts will be made to make the state a 'billion-dollar' economy. The chief minister said the estimated GSDP for the FY 2023-2024 is pegged at Rs 46,600 crore with an expected growth rate of 11.5%. The fiscal deficit is 3.42 per cent of the state's GSDP - Rs 41,779 crore for the current financial year. Presenting the Budget in the Assembly,...
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