Tag: Deficit
Windies face defeat against England Lions
West Indies were facing defeat against England Lions on Friday after conceding a 194-run first innings deficit after two days of the four-day game...
Finance ministry sticks to 5pc budget deficit for the fiscal year
Still confident of the anticipated external inflows, the finance ministry on Monday remained stuck to its budget deficit of 5 per cent claiming the...
Govt fails to rein in fiscal deficit during 1st half of...
The government has failed to rein in the fiscal deficit that has soared to Rs 545 billion during the first half (July-December) of the...
Debt repayments widen C/A deficit to $2.633b during July-JanFY12
The economic observers foresee the “worst scenario” ahead as the country’s current account deficit widened to $2.633 billion during the first seven months, July-January,...
KSE 100 index fell 0.41 pc
Pakistani stocks ended lower on Thursday as investors booked gains in fertiliser and oil shares but losses were restricted as bargain hunters accumulated mid-tier...
Current account deficit swells to $2.154bn
The country’s current account deficit widened to $2.154bn during the first half of the present fiscal year against a surplus of $8m during the...
Export target unlikely to be met this fiscal
Pakistan is unlikely to meet its projected export target as the Trade Development Authority of Pakistan (TDAP) has assessed a decline of 6 per...
Where the Fund stands
The IMF’s disappointment with Pakistan’s fiscal indicators raises some important questions that concern both growth and employment. One, fiscal deficit projected at 6.5 per...
IMF forecasts wider Pakistan fiscal deficit
The International Monetary Fund (IMF) expects Pakistan’s 2011/12 fiscal deficit to widen to 6.5 percent of gross domestic product, blowing past government estimates, it...
Railways operating deficit touched Rs26,252.315m
The operating deficit of Pakistan Railways was increasing consecutively from last five years and has reached at Rs26,252.315 million during the year 2010-11. According...
Three month fiscal deficit 1.1pc of GDP
Pakistan’s fiscal deficit for the first three months of fiscal year 2011-12 was 1.1 per cent of gross domestic product, a Finance Ministry official...
FY11 deficit docked in at 6.6pc of GDP
Yesterday, Ministry of Finance (MoF) released its data for budgetary operations in FY11. Surprisingly, the fiscal deficit was reported at 6.6 per cent of...
Obama to call for $3.0 trillion in deficit savings
President Barack Obama will Monday call for new deficit cuts of $3.0 trillion but warn Republicans he will veto any bill that trims healthcare...
Improved Sri Lanka top order reduces deficit
Sri Lanka put on a determined batting display on Sunday to improve their chances of forcing a draw in the second cricket Test against...
LPG could bridge fuel deficit
On August 5, the Oil and Gas Regulatory Authority (OGRA) increased the LPG price by Rs9 per kg arguing that gas prices have risen...
Why is America’s budget deficit so large?
America’s enormous budget deficit is now exceeded as a share of national income only by Greece and Egypt among all of the world’s major...
…but trust deficit remains
While the situation has apparently defused, the continuing trust deficit between the executive and judiciary is, however, not over as in the wake of...
