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Posts tagged "fiscal" (Page 3)

OGRA approves gas tariffs hike for next fiscal year

Staff ReportISLAMABAD: Oil and Gas Regulatory Authority (OGRA) has Wednesday given go-ahead to the hike of Rs. 7.54 per MMBtu in gas tariffs. The gas tariffs hike has been approved for the upcoming fiscal year, according to a statement issued by OGRA here. OGRA statement said the gas tariffs hike would come in effect from…

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May 25, 2011


Obama budget curbs deficit, fiscal fight looms

WASHINGTON: President Barack Obama proposed a budget on Monday that would cut the U.S. deficit by $1.1 trillion over 10 years, setting the stage for a bitter fight with Republicans who vow even tougher spending controls. KEY POINTS: — Obama budget aimed at cutting deficit by $1.1 trillion over 10 years — Deficit to rise…

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February 14, 2011


Irish government faces election backlash after fiscal pain

DUBLIN: Ireland's government will face the first real backlash from a vicious set of austerity measures when voters head to the polls in the northwestern county of Donegal on Thursday. Prime Minister Brian Cowen's four-year plan for tackling the worst budget deficit in Europe has failed to impress investors or calm fears that Ireland's woes…

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November 24, 2010


Brazil's first female president Rousseff faces fiscal and currency challenges

RIODEJANERO: The same economic boom and free spending that propelled Dilma Rousseff to Brazil's presidency could become the biggest source of trouble during her first year at the helm of Latin America's largest economy. Rousseff will have to tighten the purse of a government whose finances deteriorated this election year, but avoid choking off the…

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October 31, 2010


Canada sees G20 consensus on need for fiscal plans

HUNTSVILLE: There is a strong consensus in the Group of 20 emerging and advanced economies on the need to commit to targets for reducing budget deficits in the medium term, Canadian Prime Minister Stephen Harper said on Saturday. “We're going to have good discussions around that in Toronto, but my sense is there is a…

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June 26, 2010


Fiscal discord threatens French-German harmony

PARIS: As France and Germany jointly commemorate their war dead, the reconciliation that lies at the heart of the European Union looks more solid than ever — were it not for a looming rift over fiscal policy. On the surface, President Nicolas Sarkozy's efforts to keep the French-German axis at the core of an enlarged…

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November 11, 2009


Businessmen term IMF fiscal aid vital for Pakistan

LAHORE: The business community has termed $7.5 billion financial assistance by International Monetary Fund (IMF) vital for Pakistan economy. This was disclosed in a random survey conducted by APP here Friday. The IMF assistance would strengthen country's financial institutions, which would lead to revitalization of economy, said Iftikhar Ali Malik, Co-Chairman of Businessmen Panel, the…

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November 14, 2008


PSM among 17 public sectors units to be offloaded in current fiscal

ISLAMABAD: The National Assembly was informed on Thursday that 17 public sector industrial units including Paksitan Steel Mills and Qadirpur Gas Field would be privatised during present financial year. In a written reply to a question by Raja Muhammad Safdar Khan,MNA during Question Hour Minister for Privatisation Syed Naveed Qamar said that units to be…

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November 13, 2008


Economists call for fiscal discipline to end market crisis

KARACHI: Economists and entrepreneurs were unanimous that Pakistan holds all capacities and capabilities to rise against the current economic crisis with strict fiscal disciplining and austerity at all levels. Addressing a seminar on “Global Economic Crisis: Impact on Pakistan's Economy” held here at the Dadabhoy Institute of Higher Education, the speakers said, in this economic…

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October 27, 2008


Optimising revenue, tax recovery to bridge fiscal deficit: Tareen

KARACHI: Advisor to the Prime Minister on Finance and Economic Affairs, Shaukat Tareen has emphasised the generation of maximum revenue by best management and exploring domestic resources, which includes improving the spread of the tax network, for bridging fiscal deficit. In a meeting with the business community during his visit to Federation of Pakistan Chambers…

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October 25, 2008

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