A foreign currency dealer counts US dollar notes at a currency market in Karachi on July 19, 2022. — AFPProvincial revenue surplus reaches Rs1.31tr in first 11 months.Overall fiscal deficit falls to Rs2.03tr, or 1.6% of GDP.FY26 deficit target set at 3% of GDP, or Rs3.77tr.
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This representational image shows an electricity meter. — APP/File
ISLAMABAD: Federal Minister for Power Awais Ahmed Khan Leghari on Monday said that the prices of smart meters for power distribution companies have been reduced by up to 40%.
In a statement, the…
US Supreme Court casts doubt on legality of Trump’s global tariffs
WASHINGTON: US Supreme Court justices raised doubts on Wednesday over the legality of President Donald Trump’s sweeping tariffs in a case with implications for the global economy that marks a major test of Trump’s powers.
Conservative and liberal justices alike sharply…
Dollar slide raises new risks for Pakistan’s external debt burden
The representational image shows US dollars. — AFP/FileDollar weakness could inflate debt-to-GDP ratio quickly.Loans dominate debt mix, with 56% multilateral or bilateral.External debt rose in June, dipped by September.
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