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HomeTagsDeficit

All Stories: deficit

00:08:51

Let’s Talk: can IMF loan save calamity-hit Pakistan?

Cataclysmic floods push Pakistan back by decades in terms of development, infrastructure and economic stability. Alhamdolillah the IMF Board has approved the revival of our...

Pakistani Current Account records deficit of $662m in Dec after 5 months in surplus

The Pakistani CAB remained in surplus for five straight months but in December it bled US$1175 million to now stand in a deficit of US$662

Economic experts express fear of rise in current account deficit up to 9.6 pc

The growth rate went down to -1.57 as unemployment rate spiked due to a halt in businesses and production units amid ongoing nation-wide lockdown.

India plans to cut spending to curb deficit

India’s government is likely to cut spending for the current fiscal year by as much as 2 trillion Indian rupees as it faces one of the biggest tax shortfalls in recent years,

SBP increases monetary policy rate to 7.5 percent

KARACHI: State Bank of Pakistan on Saturday announced to increase the monetary policy by 100 basis points to 7.50 percent effective from July 16,...

IMF urges Saudi to contain spending as deficit widens

DUBAI: The International Monetary Fund has called on Saudi Arabia to keep public spending under control, even as a partial recovery of oil prices...

SC seeks reports of audited accounts of Pakistan Railways

LAHORE: After taking notice of the Pakistan International Airlines (PIA) reeling under financial burden, Chief Justice of Pakistan Mian Saqib Nisar has also shifted...

Saudi Arabia projects $53 bn deficit in 2017

RIYADH: Saudi Arabia on Thursday projected a 2017 budget deficit of about $53 billion and a lower than expected shortfall for this year after government...
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