Tag Archives: fiscal deficit

Fiscal Deficit Forecast The finance ministry has projected a substantial increase in Pakistan’s fiscal deficit, estimating it could reach Rs9.655 trillion in the upcoming fiscal year. This projection reflects ongoing concerns about managing public finances amid rising debt obligations. Economic Growth and Inflation Despite the deficit projection, the finance ministry anticipates economic growth to rise by 4.8% during the fiscal …

Introduction: The Ministry of Finance has released its ‘Monthly Economic Update & Outlook’ for July, providing valuable insights into the current economic landscape of the country. The report presents an optimistic outlook, forecasting a decrease in inflation for July 2023 compared to the previous month, supported by various favorable factors. Additionally, it outlines improvements in the fiscal and current account …