Govt contains fiscal deficit at 3.6% in FY2023: Economic Survey
Tag: fiscal deficit
Services’ trade deficit shrinks 26.22% as exports grow by 4.63% in Q1
Services’ trade deficit shrinks 26.22% as exports grow by 4.63% in Q1
Services’ trade deficit shrinks 26.22% as exports grow by 4.63% in Q1
ISLAMABAD, Nov 3 (APP):The services trade deficit shrank by 26.22 percent as exports witnessed growth of 4.63 percent during the first quarter (Q1) of the current fiscal year as compared to the corresponding period of last year, Pakistan Bureau of Statistics (PBS) reported. According to PBS data, the exports from the country during July-September (2022-23)… Continue reading Services’ trade deficit shrinks 26.22% as exports grow by 4.63% in Q1
CAD declines to $2.2 billion in 1st Quarter
ISLAMABAD, Nov 2 (APP):The Current Account Deficit (CAD) declined to $ 2.2 billion during the first quarter (Q1) of the current fiscal year as compared to the deficit of $3.5 billion recorded during the corresponding period (July-September) of the fiscal year 2021-22. The CAD mainly contracted due to increase in exports and contraction in imports… Continue reading CAD declines to $2.2 billion in 1st Quarter
Fiscal deficit contained at 0.3% of GDP
ISLAMABAD, OCT 3 (APP): The fiscal deficit during the first month of the current fiscal year (FY2022-23) has been contained at 0.3 percent against the deficit of 0.4 percent recorded during same month of last year, according to latest report of finance ministry. The primary balance during July FY2023 posted a surplus of Rs 142… Continue reading Fiscal deficit contained at 0.3% of GDP
Fiscal deficit brought down to 1.1 pc in four months: Report
ISLAMABAD, Dec 29 (APP): Owing to prudent policies of the government, the fiscal deficit has been brought down to 1.1 percent of Gross Domestic Product (GDP) during the first four months of Fiscal Year 2021-22 against 1.7 percent deficit during the same period last year, official report said. In absolute terms the overall fiscal deficit… Continue reading Fiscal deficit brought down to 1.1 pc in four months: Report
Debt to GDP ratio declines to 83.5pc: Finance Ministry
ISLAMABAD, Oct 6 (APP): The Ministry of Finance said here on Wednesday that the country’s total debt to GDP ratio has decreased to 83.5 percent as on June 30, 2021 from 87.6 percent on June 30, 2020. Responding to some media reports, the statement added that both domestic and external debts have depicted a downward… Continue reading Debt to GDP ratio declines to 83.5pc: Finance Ministry
Fiscal deficit contained at 3.5 pc in 8 months
ISLAMABAD, Apr 28 (APP): Owing to the government’s efforts, the fiscal deficit during the first eight months (July-February) of the current fiscal year has been contained at 3.5 percent of the Gross Domestic Product (GDP).“Despite higher mark-up payments and COVID-related expenditures, the fiscal sector continues to perform better as a result of the government’s efforts… Continue reading Fiscal deficit contained at 3.5 pc in 8 months
