Pakistan’s fiscal deficit narrows to 8.1 percent in FY20

KARACHI: Pakistan’s budget deficit narrowed to 8.1 percent in FY20 (2019/2020) as compared with the deficit of 8.9 percent in the preceding fiscal year, according to statistics released by the ministry of finance on Wednesday. Analysts Topline Securities said that as the deficit is lower than the 9.1 percent of GDP envisaged by the government … Continue reading Pakistan’s fiscal deficit narrows to 8.1 percent in FY20