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.
PESHAWAR: The Khyber Pakhtunkhwa government has approved the Finance Bill for fiscal year 2026-27, introducing significant increases in provincial taxes...
ARACHI: Atif Ikram Shiekh, President of the Federation of Pakistan Chambers of Commerce and Industry (FPCCI), has attended the Shanghai...
LAHORE: Pakistan and Iran have agreed to accelerate efforts to improve cross-border transportation networks, with both countries identifying stronger road...
KARACHI: The Sindh High Court (SHC) on Saturday declared a Federal Board of Revenue (FBR) office order appointing officers to...
