Posts Tagged ‘GDP’

EDLs up by $9.5bn to hit 1/3 of GDP

ISLAMABAD: Rising $9.512 billion in last one-and-a-half-year Pakistan’s outstanding external debts and liabilities have reached to almost one-third of the country’s GDP.
At end of December 2009, country’s total EDLs stood at unprecedented $55.675 billion or 32 percent of GDP, while in June 2008 these stood at 46.16 billion dollars (27.6 percent of GDP), the State [...]

March 8, 2010 Business 0 Comments

15% Tax GDP ratio must to maintain 7% economic growth : Tareen

15% Tax GDP ratio must to maintain 7% economic growth : Tareen

KARACHI, (APP): Advisor to Prime Minister on Finance, Revenue and Economic Affairs, Shuakat Tareen has underlined the need for bringing all kind of income under tax net to ensure high rate of economic growth. “ We need 15% tax‑GDP ratio only to maintain economic growth at around 7 percent. If we want more economic growth [...]

January 4, 2009 Business 0 Comments