Pakistan Revenue
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KARACHI: Pakistan’s current account deficit narrowed by 72 percent during first seven months (July – January) of 2019/2020 owing to inflows of workers’ remittances and decline in import bill. The current account deficit reduced to $2.65 billion during the first seven months of current fiscal year as compared with $9.48 billion in the corresponding months […]
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ISLAMABAD: International Monetary Fund (IMF) on Friday said that Pakistan’s economic activity has stabilized and remains on the path of gradual recovery. An IMF mission, led by Ernesto Ramirez Rigo, visited Islamabad during February 3-13, to initiate discussions on the second review of the authorities’ economic reform program supported under the Extended Fund Facility (EFF) […]
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KARACHI: The current account deficit has narrowed by 75 percent during first half (July-December) 2019/2020 owing to significant inflows and reduction in trade deficit. According to statistics of Balance of Payment (BoP) issued by State Bank of Pakistan (SBP) on Monday, the current account deficit reduced to $2.153 billion in first six months of current […]
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KARACHI: Current account deficit has narrowed by 73 percent to $1.82 billion during first five months (July – November) of 2019/2020 owing to reduction in import bill and improved inflows. According to statistics of Balance of Payment (BoP) released by State Bank of Pakistan (SBP) on Thursday the current account deficit reduced to $1.82 billion […]
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KARACHI: Pakistan’s current account deficit sharply narrowed by 73.5 percent during first four months (July – October) of current fiscal year due to massive decline in import bill. The current account deficit reduced to $1.474 billion during July – October of current fiscal year as compared with the deficit of $5.567 billion in the same […]
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KARACHI: Pakistan’s current account deficit sharply down by 64 percent in first quarter (July – September) 2019/2020 to $1.546 billion as compared with $4.287 billion in the same period of the last fiscal year, according to Balance of Payment (BoP) data released by State Bank of Pakistan (SBP) on Friday. Experts attributed the decline in […]
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KARACHI: The current account deficit has sharply declined by 54.66 percent during first two months of current fiscal year owing to significant decline in import bill during the period under review. According to Balance of Payment (BoP) details issued by the State Bank of Pakistan (SBP) on Thursday, the current account deficit narrowed to $1.292 […]
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KARACHI: The current account deficit has narrowed by 73 percent to $579 million in July 2019 as compared with the deficit of $2.13 billion in the same month of the last year, according to statistics of Balance of Payment (BoP) released by State Bank of Pakistan (SBP) on Tuesday. The SBP said that the deficit […]
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KARACHI: Pakistan’s current account deficit narrowed by 31.71 percent in 2018/2019 due to reduction in trade deficit and improved foreign remittances. The current account deficit contracted to $13.58 billion in 2018/2019 as compared with $19.87 billion in the preceding fiscal year, State Bank of Pakistan (SBP) said on Wednesday. Economists believed that ease in trade […]
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KARACHI: The current account deficit narrowed by 29 percent during first eleven months owing to shrinking trade deficit and improved foreign remittances. The State Bank of Pakistan (SBP) released Balance of Payment (BoP) statistics on Wednesday, which showed the current account deficit shrank to $12.678 billion during July – May 2018/2019 as compared with the […]
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