LONDON: The annual deficit overshot the Conservative government’s target, official data showed here the other day, dealing a blow to Chancellor of the Exchequer George Osborne.
Net borrowing stood at ￡74 billion (US$106 billion) in the 2015-2016 financial year to the end of last month, the Office for National Statistics said in a statement. That missed the government’s official forecast of ￡72.2 billion, despite ongoing austerity from Prime Minister David Cameron’s Conservative administration.
WUHAN: Sindh Chief Minister Syed Murad Ali Shah met with senior officials of China’s Hubei province to expand cooperation in...
ISLAMABAD: The Chairman, Securities and Exchange Commission of Pakistan (SECP) Dr Kabir Ahmed Sidhu has proposed establishing a national agricultural...
KARACHI: The government raised Rs. 294.7 billion through a hybrid Sukuk auction at the Pakistan Stock Exchange (PSX). However, the...
KARACHI: The All Pakistan Textile Mills Association (APTMA) has expressed interest in purchasing 25 to 50 megawatts (MW) of electricity...
