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 National Electric Power Regulatory Authority (Nepra) has approved Rs2.37 per unit hike in electricity tariff under the monthly...
ISLAMABAD: Ambassador of the Republic of Türkiye to Pakistan, Dr. İrfan Neziroğlu, has called for transforming the longstanding brotherly relations...
GILGIT: Gilgit-Baltistan Chief Minister Amjad Hussain Azar has launched an online registration system allowing local traders to apply for tax...
ISLAMABAD: The threat of artificial intelligence (AI)-powered cyberattacks against Pakistan’s financial institutions and critical infrastructure is increasing, prompting the National...
