GENEVA: The economy unexpectedly lost pace at the start of the year, as government consumption contracted. GDP increased just 0.1 percent in the first quarter from the previous three months, when it expanded 0.4 percent, the State Secretariat for Economic Affairs in Bern said yesterday.
Private consumption grew 0.7 percent compared with the fourth quarter, the data showed. Government expenditure decreased by 0.8 percent and exports of goods rose by 2.1 percent.
ISLAMABAD: Electricity prices across Pakistan have been reduced by Rs1.98 per unit, according to a notification issued by the National...
LAHORE: The Punjab government has finalized the broad contours of its budget for the fiscal year 2026–27, with the total...
ISLAMABAD: Prime Minister Shehbaz Sharif on Tuesday directed the relevant authorities to accelerate the privatisation process of electricity distribution companies...
ISLAMABAD: The federal government will present the Budget 2026-27 in the National Assembly on June 12, Parliamentary Affairs Minister Tariq...
