Billion


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Billion

1. One thousand million in the short scale numbering system.

2. One million million in the long scale number system. This number is known, perhaps more commonly, as one trillion.
References in periodicals archive ?
At N94.159 VAT revenue for the month was lower than the preceding month which was N108.631 indicating a decrease of N14.472 billion.
As such, the BOC jacked up its cash collections goal for the period July-to-December to P365.4 billion from P358.4 billion previously.
* Southwest Airlines Co.(NYSE:LUV) is estimated to report quarterly earnings at $1.34 per share on revenue of $5.93 billion.
The government has proposed 36% of the total ADP, amounting to Rs124.9 billion, for social sector development, including Rs46.9 billion for education, Rs32 billion for school education, Rs7.3 billion for higher education, Rs1 billion for special education, Rs2.6 billion for literacy and non-formal basic education and Rs4 billion for sports and youth affairs.
Meanwhile, the government has also revised downwards its non-tax collection target to Rs 637.8 billion for the current fiscal year from the budgeted estimates of Rs 771.9 billion.
Total transfers to the provinces as part of the NFC Award fixed Rs3254 billion
Under its development program, the government has released an amount of Rs22.66 billion for federal ministries, whereas Rs22.9 billion for corporations and Rs38.1 billion for special areas, according to a latest data released by Ministry of Planning, Development and Reform.
Treasury plans to spend Sh551 billion in interest payments for loans and pension.
According to the BB data, the country received $1.46 billion in March, $1.32 billion in February, $1.60 billion in January, $1.21 billion in December, $1.18 billion in November, $1.24 billion in October, $1.14 billion in September, $1.41 billion in August and $1.32 billion in July of the fiscal 2018-19.
Documents available with this scribe disclosed that Punjab received Rs3.246 billion, Sindh Rs7.078 billion, Khyber Pakhtunkhwa Rs10.488 billion and Balochistan Rs6.417 billion from July 2018 to January 2019.
- Rs 157.941 billion for National Highway Authority (NHA) against total allocation of Rs 185.197 billion
Although the lender recorded a slight growth in interest earning from customer loans to the tune of Sh25.4 billion from Sh24.9 billion in 2017, nonperforming loans soared to Sh24.02 billion from Sh17.98 billion, a 33.6 per cent growth.