deficit

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.… Read More

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… Read More

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… Read More

India plans to cut spending to curb deficit

India’s government is likely to cut spending for the current fiscal year by as much… Read More

SBP increases monetary policy rate to 7.5 percent

KARACHI: State Bank of Pakistan on Saturday announced to increase the monetary policy by 100… Read More

IMF urges Saudi to contain spending as deficit widens

DUBAI: The International Monetary Fund has called on Saudi Arabia to keep public spending under… Read More

SC seeks reports of audited accounts of Pakistan Railways

LAHORE: After taking notice of the Pakistan International Airlines (PIA) reeling under financial burden, Chief… Read More

Saudi Arabia projects $53 bn deficit in 2017

RIYADH: Saudi Arabia on Thursday projected a 2017 budget deficit of about $53 billion and a… Read More