Despite imposing additional taxes and cutting power subsidies to the industries, Pakistan still failed to achieve most economic targets in the current fiscal year. According to the details, the current fiscal year witnessed a failure in achieving the majority of the economic targets. As per the documents presented in the Public Accounts Committee, the target for economic growth was 5 per cent, but it only reached 0.3 per cent.

 

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

Rupee glides to historic low against US Dollar

Karachi: On Wednesday, the Pakistani rupee continued its downward slide against the…

Türkiye-Kuwait economic partnership expands

Türkiye’s exports to Kuwait totaled $575 million in the first 10 months…

Brazil’s former president bids to start trade with EU

Sao Paulo: On July 27, Brazil’s presidential frontrunner Luiz Inacio Lula da…

US Dollar dips as 10-year yields back away from highs

The US Dollar (USD) fell against the euro and yen on Thursday…