Syeda Raza-e-Masooma

LAHORE: Pakistan Stock Exchange (PSX) continues to show signs of extraordinary growth since its reclassification in Morgan Stanley Composite Index (MSCI) on Wednesday. On Thursday, PSX shows rise of 265.32 points since the start of the day already. PSX jumped over 1,000 points as it prepares for massive inflows due to its e-classification. It is […]

LAHORE: The government had seemed to make a detailed plan for the social welfare projects. From Prime Minister’s Youth Programme (PMYP) to Benazir Income Support Programme (BISP), significant amounts are likely to be allocated to such welfare projects. Statistics show that around 60 million Pakistanis or approximately one-third of the total population lives below the […]

LAHORE: Last year the target growth sate set in budget for industry was 6.4% and the actual figure surpassed it by a small difference at 6.8%. This can be majorly attributed to the upsurge in the construction sector which almost doubled the growth rate for the previous year which was nearly 3.5%. Overall, many sub-sectors […]

LAHORE: A major chunk of the budget goes to Defence every year. Over the years, many governments have vowed to reduce defence spending but it has not translated into any substantive action. While the declared budget had been said to be around 2.5% of the total national output, but the government had been increasing the […]

LAHORE: A peek into the upcoming budget showed that an ambitious Gross Domestic Progress (GDP) growth target of 5.7% had been set and Prime Minister Nawaz Sharif had also given his blessings for the target by saying that if it wasn’t for agricultural goals, Pakistan would have also achieved the previous year’s target GDP. In […]