Tag: Deficit

PM’s revolutionary decisions have helped save millions: Fawad Chaudhry

ISLAMABAD: Minister for Information and Broadcasting Fawad Chaudhry on Saturday said that the revolutionary decisions taken by Prime Minister (PM) Imran Khan have helped...

An unsurprising Rs5.9tr populist budget

Govt raises defence spending to Rs1.1tr, as budget outlay witnesses 16.2% increase than last year 10% ad-hoc relief allowance proposed for civil and armed forces...

Railways facing deficit of Rs40bn as expenditures rise

ISLAMABAD: Despite tall claims by Federal Minister for Railway Khawaja Saad Rafique of bringing revolutionary changes in the Pakistan Railways (PR), the expenditure of...

Pakistan’s current account deficit widens in July-Nov of ongoing FY

GDP enhances by 12.12pc, account deficit widens 90.62pc to (negative) $2.601bn The country’s current account deficit is up to (negative) $2.601 billion in July-Nov of...

Balance of payments deficit shrinks by 94%

  The country’s balance of payments (BoP) deficit further shrank by 94 per cent to negative $1.267 billion in the first six months of the...

PIA deficit stands at Rs 19 billion despite 42 per cent...

  Deficit of the Pakistan International Airlines (PIA) stands at Rs 19 billion despite the 42 per cent drop in the prices of oil products...

Current account deficit to further widen next year

The current account (CA) deficit witnessed a jump of 17 percent in fiscal year 2014 to $ 2.9 billion as against $ 2.5 billion...

Current account deficit cut by 51pc to $2.2b in FY13

Economic mangers were able to reduce the dollar-hungry country’s current account deficit by $2.35 billion (or 51 percent) to $2.299 billion between July 2012...

Fiscal deficit all set to widen by 6.5% of GDP in...

Despite positives like the inflow of $ 1.8 billion from the United States in August this year under the long-withheld Coalition Support Fund (CSF),...

Bridging trust deficit

A prerequisite for peace The Afghan peace mission has arrived in Islamabad at a time when the relations between the two neighbours have further deteriorated....

US deficit ends fourth fiscal year above $1 trillion: CBO

The deficit equaled about 7 percent of U.S. economic output, down from 8.7 percent in 2011, 9 percent in 2010 and 10.1 percent in...

Some questions

Reports have been published in the newspapers the other day that President Asif Ali Zardari has promised Center’s help in bridging Sindh’s budgetary deficit....

Sindh varsity syndicate approves Rs 631m budget

The Syndicate of University of Sindh has approved the recurring budget of Rs 3,058 million with a deficit of Rs 631.264 million for the...

Japan posts record first-half trade deficit

Japan Wednesday posted a record trade deficit of about $37.3 billion in the first half of the year as soaring energy costs weighed on...

A cry beyond borders

Only improved foreign inflows can help as cash-strapped govt keeps borrowing billions from risk-averse banks Having borrowed a record Rs 1.2 trillion from the banking...

Enhancing spending limit increases fiscal deficit to 5 percent

Increase made in the allocation for development spending next fiscal year under political pressure has increase the fiscal deficit estimate to 5 percent of...

Pakistan eyes IMF for financial assistance

Pakistan may have to return to the International Monetary Fund for financial assistance this year amidst an unstable macroeconomic situation, central bank governor said. Yaseen...