Pakistan Revenue
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ISLAMABAD: The ministry of finance on Tuesday warned aggravating Pakistan’s macroeconomic imbalances due to political unrest in the country and geopolitical uncertainty on Ukraine crisis. The finance ministry in monthly report stated Pakistan’s economic performance continues to be strong and is still on a trajectory compatible with an economic growth target of around 5 percent […]
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KARACHI: Pakistan’s Current Account Deficit (CAD) has widened to staggering above $12 billion during first eight months (July – February) 2021/2022, the State Bank of Pakistan (SBP) said on Saturday. The current account was surplus by $994 million in the corresponding period of the last months, according to the balance of payment (BOP) issued by […]
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KARACHI: The current account deficit of the country widened to staggering $11.58 billion during the first seven months (July – January) 2021/2022 as compared with a surplus of $1.03 in the corresponding period of the last fiscal year, according to data released by the State Bank of Pakistan (SBP) on Thursday. READ MORE: Pakistan’s current […]
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KARACHI: Pakistan’s current account deficit ballooned to $9.1 billion during first half (July – December) 2021/2022 as compared with a surplus of $1.25 billion in the corresponding half of the last fiscal year, State Bank of Pakistan (SBP) said on Saturday. READ MORE: Pakistan’s CAD balloons to $7.1 billion in five months The significant current […]
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Pakistan’s economic landscape faces a significant challenge as the country’s current account deficit (CAD) has sharply widened to $7.1 billion during the initial five months of the current fiscal year.
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KARACHI: The current account deficit of the country has widened to $5.08 billion during July – October of fiscal year 2021/2022. According to the balance of payment released by the State Bank of Pakistan (SBP) on Friday the current account deficit during first four months of the current fiscal year widened to $5.08 billion as […]
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ISLAMABAD: Pakistan has spent an amount of $400 million on import of COVID-19 vaccines during the month of September 2021 and overall $1 billion during first quarter (July – September) of fiscal year 2021/2022, said a statement issued by the ministry of finance on Wednesday. As per State Bank of Pakistan, the current account deficit […]
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KARACHI: Pakistan’s current account deficit has ballooned to $3.4 billion during first quarter (July – September) of the current fiscal year 2021/2022 (1QFY22) owing to significant widening in trade deficit. According to balance of payment (BOP) statistics released by the State Bank of Pakistan (SBP) on Tuesday, the current account deficit widened to $3.4 billion […]
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The World Bank (WB) has pointed out unemployment and food inflation as the major challenges for Pakistan’s economy. The World Bank issued a report Shifting Gears: Digitization and Services-Led Development on Thursday. “… downside risks arising from lockdown-induced disruptions to employment and high food inflation remain,” the World Bank said. It projected Pakistan’s output growth […]
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KARACHI: The current account deficit of the country ballooned to $2.29 billion during first two months (July – August) of the current fiscal year. The SBP issued details of Balance of Payment (BOP) on Friday. The balance of payment has posted a surplus of $838 million in the same months of the last fiscal year. […]
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