The Federal Cabinet has approved Rs.873 billion development budget for the next financial year 2012-13 out of which Rs.513 billion has been allocated for provincial whereas Rs.360 billion for federal development budget. The National Economic Council (NEC) has already approved the development budget ...

KARACHI- Trade deficit of Pakistan has widened to 8.736 billion dollars during the five months of current financial year (July-Nov) FY09 as compared to 7.264 billion dollars on account of sustained rise in imports. In percentage, the trade deficit increased by 20.27 percent in first five months of ...