Search For "deficit"
State Bank of Pakistan emphasizes country's challenges in tackling inflati
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 4 (ANI): State Bank of Pakistan (SBP) governor's Dr Reza Baqir on Thursday emphasized controlling inflation and current account deficit as economic growth may slow down to 4.5 per cent.
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Pakistan's trade deficit exceeds annual target in current fiscal year
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], February 3 (ANI): Pakistan's trade deficit widened to USD 28.8 billion in the first seven months of the current fiscal year more than the annual target set by the federal government further increasing the foreign borrowing requirement to bridge the yawning gap.
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Merchandise export in Jan '22 grows 23.69 pc, trade deficit widens to USD
Updated : 4 years, 1 month ago IST
New Delhi [India], February 2 (ANI): India's merchandise export in January 2022 grew to USD 34.06 billion registering a 23.69 per cent growth over the USD 27.54 billion of merchandise shipments in January 2021, pushed by robust performance by engineering, petroleum as well as gems and jewell
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US-India forum lauds Union Budget, calls it 'measured, pragmatic'
Updated : 4 years, 1 month ago IST
Washington [US] February 2, (ANI): The US-India Strategic Partnership Forum (USISPF) congratulated Finance Minister Nirmala Sitharaman and the Government of India on delivering a Union Budget which "allows the government to continue supporting development while keeping an eye on the fisca
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India's fiscal deficit pegged at 6.4 per cent of GDP in 2022-23
Updated : 4 years, 1 month ago IST
New Delhi [India], February 1 (ANI) India has set a target to reduce fiscal deficit to 6.4 per cent of GDP in 2022-23 from the estimated 6.9 per cent in the current financial year, Union Finance Minister Nirmala Sitharaman said on Tuesday.
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Robust growth in tax revenues help reduce India's fiscal deficit in 2021-2
Updated : 4 years, 1 month ago IST
New Delhi [India], January 31 (ANI): Robust growth in tax and non-tax revenues has led to a significant reduction in fiscal deficit during April-November 2021 when compared with the corresponding period of the previous year, according to the Economic Survey 2021-22 released on Monday.
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Pak oil firms make huge profits through tax-free imports
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 24 (ANI): While Pakistan's trade deficit is widening, its oil marketing companies (OMCs) are making huge profits through tax-free imports.
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MK Stalin writes to PM Modi, opposes proposed changes in IAS cadre rules
Updated : 4 years, 1 month ago IST
Chennai (Tamil Nadu) [India], January 23 (ANI): Tamil Nadu Chief Minister MK Stalin wrote to Prime Minister Narendra Modi on Sunday requesting him to drop proposed amendments to IAS (Cadre) Rules, 1954 and "instead engage with State governments to further strengthen the federal spirit of the
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Pak's current account deficit crosses USD 9 bn mark, analysts warn it may
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], January 23 (ANI): Pakistan's current account deficit surpassed USD 9 billion in the first half of the ongoing fiscal year, accounting for 5.7 per cent of the gross domestic product and analysts have expressed concerns over this with some warning that rising current accoun
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La Liga: Atletico stun Valencia in dramatic comeback win, Sevilla drop poi
Updated : 4 years, 1 month ago IST
Madrid [Spain], January 23 (ANI): Atletico Madrid on Saturday dramatically defeated Valencia 3-2 at the Wanda Metropolitano after overcoming a two-goal deficit.
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State Bank of Pakistan to keep its policy rate unchanged though inflation
Updated : 4 years, 1 month ago IST
Karachi [Pakistan], January 21 (ANI): State Bank of Pakistan (SBP) is likely to keep its benchmark policy rate unchanged next week though an expected rate increase could be witnessed in the coming months due to inflation.
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Pakistan's income-expense gap widens to Rs 1.8 trillion causing budget def
Updated : 4 years, 1 month ago IST
Islamabad [Pakistan], January 20 (ANI): Pakistan's federal budget deficit in the first half of the current fiscal year shot up to Rs 1.8 trillion, a 29 per cent jump compared to the same period of the previous year, despite a slowdown in development spending and double-digit growth in revenu
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