MOSCOW: Russia’s federal budget deficit totaled 1.486 trillion rubles ($22.4 billion) in January-May 2016, or 4.6 percent of GDP, according to the Finance Ministry.
In May, the budget deficit stood at 350.36 billion rubles ($5.2 billion), or 5.5 percent of GDP, TASS reports. Budget expenditures amounted to $92.4 billion in the period, while revenues stood at $69.9 billion.
ISLAMABAD: The Islamabad Chamber of Commerce and Industry (ICCI) and the Pakistan Business Association Korea (PBA Korea) have signed a...
KARACHI: Askari General Insurance Co. Ltd. and Askari Life Assurance Company Limited have disclosed the transfer of their respective 51%...
LAHORE: The Federal Board of Revenue (FBR) has yet to establish a formal mechanism for refunding taxes collected under Section...
ISLAMABAD: Zong, Pakistan’s leading technology services enterprise, has emerged as the only telecom operator to win gold for its 5G...
