Latest news with #Rs899
Business Recorder
2 days ago
- Business
- Business Recorder
Budget: Pakistan govt projects $19.9bn foreign assistance
ISLAMABAD: The government has budgeted foreign assistance of $19.922 billion at dollar rate of Rs290 — (Rs5.78 trillion) from external resources for 2025-26 compared to $19.393 billion budgeted for the outgoing fiscal year 2024-25. The foreign assistance includes $3.1 billion (Rs899 billion) borrowing from foreign commercial banks against $3.8 billion (Rs1.114 trillion) for 2024-25. The government has budgeted $410 million (Rs118.900 billion) from the International Monetary Fund (IMF). $400 million (Rs116 billion) has been budgeted from bonds compared to Rs295 billion which was later revised to zero. The government has budgeted $9 billion under the head of time deposits including $4 billion SAFE China deposit and $5 billion KSA time deposit. The government has budgeted $1 billion from SFD (oil facility), $1.923 billion from Asian Development Bank (ADB), $1.663 billion from IDA, $419.55 million from IBRD, $700 million from IsDB (short-term), $609 million from Naya Pakistan Certificates and $105.419 million from AIIB. Copyright Business Recorder, 2025
Business Recorder
2 days ago
- Business
- Business Recorder
Budget: govt projects $19.9bn foreign assistance
ISLAMABAD: The government has budgeted foreign assistance of $19.922 billion at dollar rate of Rs290 — (Rs5.78 trillion) from external resources for 2025-26 compared to $19.393 billion budgeted for the outgoing fiscal year 2024-25. The foreign assistance includes $3.1 billion (Rs899 billion) borrowing from foreign commercial banks against $3.8 billion (Rs1.114 trillion) for 2024-25. The government has budgeted $410 million (Rs118.900 billion) from the International Monetary Fund (IMF). $400 million (Rs116 billion) has been budgeted from bonds compared to Rs295 billion which was later revised to zero. The government has budgeted $9 billion under the head of time deposits including $4 billion SAFE China deposit and $5 billion KSA time deposit. The government has budgeted $1 billion from SFD (oil facility), $1.923 billion from Asian Development Bank (ADB), $1.663 billion from IDA, $419.55 million from IBRD, $700 million from IsDB (short-term), $609 million from Naya Pakistan Certificates and $105.419 million from AIIB. Copyright Business Recorder, 2025
Express Tribune
12-03-2025
- Automotive
- Express Tribune
Wagon R bookings permanently suspended by Pak Suzuki
Listen to article Pak Suzuki Motor Company has announced the permanent suspension of bookings for all variants of its Wagon R hatchback, effective March 11. This move comes after months of speculation following the suspension of bookings for the top variant of the model. In an official communication to its dealers, the company confirmed that the decision applies to all Wagon R variants and instructed sales teams to inform potential customers accordingly. The Wagon R was first introduced in Pakistan in 2014, offering three variants: the VX, priced at Rs899,000, the VXR at Rs1,049,000, and the VXL at Rs1,089,000. Over time, the base VX variant was discontinued, and the AGS variant, which featured an automated gear shift transmission and an airbag, was launched in 2020 at a price of Rs1,890,000. Prices for the Wagon R increased significantly over the years. The most recent pricing saw the VXR variant priced at Rs3,214,000, the VXL at Rs3,412,000, and the AGS model at Rs3,741,000. However, sales of the Wagon R have shown a notable decline. Between July 2024 and February 2025, Pak Suzuki sold just 1,608 units of the Wagon R, compared to 2,285 units during the same period the previous year. In comparison, Suzuki's other models showed stronger performance, with Suzuki Swift recording 5,295 units sold, Suzuki Cultus 1,887 units, and Suzuki Alto 28,194 units during the same period.
