Category: Economic Survey

ISLAMABAD, Jun 2 (APP): The asset base of Islamic Banking Industry during the Calander Year 2015, stood at Rs 1.61 trillion compared to Rs 1.3 trillion in 2014, hence registered a growth of 27.87 percent. According to Economic Survey, 2015-16 released by Finance Minister, Ishaq Dar here on Thursday, the deposits of the IBI reached to Rs… Continue reading Islamic Banking posts growth of 27.87%

ISLAMABAD, Jun 2 (APP): During Fiscal Year 2015, an increase of 3.7 percent enrolment at Technical and Vocational Training Centres was recorded as it increased to 319.94 thousand against 308.61 thousand in 2014. According to Pakistan Economic Survey, it is estimated to increase by 2.6 percent i.e. from 319.94  thousand to 328.26 thousand during 2016. During 2015, a total… Continue reading Enrollment increased at technical schools during 2015

ISLAMABAD, Jun 2 (APP): Thanks to continuous efforts to ensure fiscal discipline, the government has successfully reduced fiscal deficit to 3.4 percent of GDP during first nine months of current Fiscal Year against 3.8 percent of GDP during comparable period of last year. The improvement in fiscal accounts came from 10.4 percent growth in total… Continue reading Fiscal deficit reduced to 3.4 % of GDP during current year

ISLAMABAD, Jun 2 (APP): The Public debt by the end of March 2016 was recorded at Rs.19,168 billion, registering an increase of Rs.1,787 billion during first nine month of current fiscal year. According to Pakistan Economic Survey, launched here by Finance Minister Muhammad Ishaq Dar, out of this total increase, increase in domestic debt was Rs.1,200 billion while… Continue reading Public debt recorded at Rs 19,168 by March end

ISLAMABAD, Jun 2 (APP): Pakistan Post Offices (PPO) earned a commission of Rs. 746.215 million till March 31, during the current fiscal years. According to Pakistan Economic Survey 2015-16, released here on Thursday, the progress of Saving Banks during 2015-16 showed that the total closing balance on June 30, 2015 was Rs.157, 699.114 million. While… Continue reading Pak Post earned Rs. 746.215 mln till March 2017 through Saving Banks

ISLAMABAD, Jun 2 (APP): The overseas workers remittances during July-April FY 2016, reached to $16.034 billion as compared to $15.235 billion in same period last year, showing a growth of 5.25 percent over the last year. According to Pakistan Economic Survey, launched here by Finance Minister Muhammad Ishaq Dar, the growth in remittances is due… Continue reading Remittances up by 5.25 percent to $16.034bln

ISLAMABAD, Jun 2 (APP): To promote private electronic media, Pakistan Electronic Media Regulatory Authority (PEMRA) is playing important role and also contribute in employment generation as well as revenue to the exchequer. According to Pakistan Economic Survey 2015-16 released Thursday ,the remarkable growth of electronic media has expanded advertisement market manifold thus creating many jobs… Continue reading 12 new licences to be issued by PEMRA in next fiscal to generate 5000 new job opportunities