Tag Archives: GDP Growth

Pakistan’s Economy Shows Signs of Growth with 3.07% GDP Increase in Q4 FY24 In a promising development, Pakistan’s gross domestic product (GDP) grew by 3.07% in the fourth quarter of fiscal year 2023-24 (April-June), according to data released by the Pakistan Bureau of Statistics (PBS). This growth was driven primarily by a strong performance in the agriculture sector, which grew …

The Government of Pakistan has initiated an aggressive plan to collect Rs450 billion in taxes through digital enforcement measures to meet this fiscal year’s ambitious Rs12.97 trillion tax target. This plan comes in response to challenges faced in tax collection, including a shortfall in the first quarter and concerns about a weak global economy. The Federal Board of Revenue (FBR) …