Search For "balance of payment"
High Gold imports has driven India's trade deficit to 10-month high in Aug
Updated : 1 year, 8 months ago IST
The surge in trade deficit in the month of August was primarily driven by record gold imports totalling USD 10.1 billion, said a report by Emkay.
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Pakistan most vulnerable in South Asia to balance of payment crisis: Moody
Updated : 2 years, 6 months ago IST
Amid a glooming economy, Pakistan is the most vulnerable to balance of payment (BOP) crises among the South Asian sovereigns with the lowest level of exports of 10.5 per cent of GDP, Business Recorder reported citing a report by Moody's Investors Services.
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Euro 52.7 goods trade surplus in Q2'23: EU
Updated : 2 years, 7 months ago IST
In the second quarter of 2023 (Q2'23), the European Union (EU) seasonally adjusted current account of the balance of payments recorded a surplus of Euro 73.0 billion (+1.7 per cent of GDP), compared with a surplus of EUR60.6 billion (+1.5 per cent of GDP) in Q1'23 and a deficit of Euro 32.6
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India's balance of payments shows improvement in Q1: 2023-24
Updated : 2 years, 8 months ago IST
One of the standout features of India's BoP in Q1: 2023-24 was the substantial narrowing of the Current Account Deficit (CAD). The CAD decreased to USD 9.2 billion, equivalent to 1.1 per cent of GDP, showing an improvement from US$ 17.9 billion, or 2.1 per cent of GDP, in the same quarter of
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China's actions exacerbating Pakistan's debt issue
Updated : 2 years, 11 months ago IST
By December 2022, Pakistan's external debt had reached USD 126 billion; accounting for 35 per cent of its GDP. The problem is an outcome of legacy issues plaguing the Pak economy including dwindling foreign exchange reserves, high inflation, a lack of foreign investments and balance of payme
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IMF doesn't trust finance ministry, says Pak ex-Finance Minister Miftah Is
Updated : 3 years, 2 months ago IST
The next tranche of the IMF bailout package would depend on Pakistan's quick measures to arrange for full financing of its balance of payments deficit for the fiscal year 2022-23.
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The IMF bailout package: Will Pakistan make it?
Updated : 3 years, 2 months ago IST
Notwithstanding the fact that crisis-hit country has completed a major part of IMF conditionality, glitches still remain with regard to external financing requirement.
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India's current account deficit widens in July-September quarter: RBI data
Updated : 3 years, 4 months ago IST
India's current account balance recorded a deficit of USD 36.4 billion (4.4 per cent of GDP) in Q2 of 2022-23 (July-September), up from USD 18.2 billion (2.2 per cent of GDP)1 in Q1 (April-June), RBI's balance of payments (BoP) data showed on Thursday.
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Delay in IMF review team visit increases Pakistan's balance of payments di
Updated : 3 years, 5 months ago IST
The visit of the IMF monitoring mission scheduled for October end has been delayed amid the differences between Islamabad's commitment to the IMF on fiscal consolidation and its actual decisions.
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Tightening US monetary policy - a source of volatility for Indian stocks:
Updated : 3 years, 8 months ago IST
New Delhi [India], September 29 (ANI): The monetary policy tightening in the US and the subsequent strength in the dollar could continue to be a source of volatility for Indian equities in the coming months, due to their negative effect on earnings and balance of payments, said Morgan Stanle
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Pakistan's foreign policy at a crossroads: ASPI
Updated : 3 years, 10 months ago IST
Canberra [Australia], July 13 (ANI): Pakistan's foreign policy is in disarray as no country has come to offer it extraordinary support amid rising inflation and a balance-of-payments crisis.
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India's current account deficit falls to $13.4 billion in Q4 of 2021-22
Updated : 3 years, 11 months ago IST
Mumbai (Maharashtra) [India], June 22 (ANI): India's current account deficit (CAD) declined to $13.4 billion in January-March 2022 from $22.2 billion recorded in the previous quarter, according to data released by the Reserve Bank of India (RBI) on Wednesday.
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