deficit
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Railways’ net deficit reached Rs3b | The Express Tribune
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[ad_1] ISLAMABAD: Minister of State for Law and Justice Shahadat Awan told the Senate on Tuesday that the Pakistan Railways generated Rs28.263 billion revenue, through its operation in the first half of the current fiscal year against the expenditures of…
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October current account deficit widens 56% to $567m MoM
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[ad_1] A representational image of the US dollars. — AFP/File KARACHI: Pakistan’s current account deficit yawned $204 million or 56% to $567 million for October 2022 as compared to September’s $363 million, month-on-month (MoM), while it shrank 68% year-on-year (YoY),…
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Current account deficit spikes | The Express Tribune
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[ad_1] KARACHI: Pakistan’s current account deficit – the gap between foreign expenditures and income – widened to a four-month high at $1.425 billion in May 2022 following a slowdown in inflow of export earnings and workers’ remittances. The current account…
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Govt pitches Rs3.77tr deficit target | The Express Tribune
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[ad_1] ISLAMABAD: The government has pitched the budget deficit target of 4.8% of the total size of economy, or Rs3.77 trillion, to the International Monetary Fund (IMF) for the next fiscal year, which the global lender wants to be adjusted…
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US deficit to drop to $1 trillion in 2022: budget office
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[ad_1] The US.Treasury building in Washington, D.C. Photo: Bloomberg WASHINGTON: The US government deficit will fall dramatically this year to $1 trillion, down from levels not seen since World War II hit during the pandemic, the Congressional Budget Office said…
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Current account deficit narrows 39% | The Express Tribune
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[ad_1] KARACHI: Pakistan’s current account deficit – the gap between foreign expenditures and income – narrowed 39% month-on-month to $623 million in April on the back of historic high workers’ remittances and a reduction in the import bill. “Current account…
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Trade deficit peaks at $39.3 billion | The Express Tribune
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[ad_1] ISLAMABAD: Pakistan’s trade deficit crossed $39 billion in first 10 months of the current fiscal year, as the pace of increase in imports was double than the surge in exports, leaving the new government in search of dollars amid…
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Budget deficit reaches Rs3.2tr | The Express Tribune
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[ad_1] ISLAMABAD: The federal budget deficit in the first nine months of the current fiscal year skyrocketed to nearly Rs3.2 trillion, which was higher by 53% compared to the same period of the previous year. For the July-March period of…
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Moderate growth and high deficit | The Express Tribune
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[ad_1] ISLAMABAD: A combination of domestic and external factors has pushed the economy into hot waters. In terms of some key economic indicators, the economy is in a similar situation as left by the PML-N government in 2018 – a…
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Business leaders for bridging trade deficit with Morocco | The Express Tribune
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[ad_1] KARACHI: Pakistan’s trade deficit with Morocco has reached close to $300 million which is huge when seen in the context of total bilateral trade of approximately $350 million, remarked Federation of Pakistan Chambers of Commerce and Industry (FPCCI) President…
