Trends - fiscal deficit - Business Recorder

Opinion

The Finance (Supplementary) Bill 2023: a comment

General: The Finance Minister has laid Finance (Supplementary) Bill 2023 on the floor of the Parliament. (National...

Published 17 Feb, 2023 06:00am

Print

First six months: Fiscal deficit swells to 2pc of GDP

ISLAMABAD: Fiscal deficit has been recorded at two per cent of the GDP or Rs1,683 billion during the first six ...

Updated 09 Feb, 2023 08:41am

Editorials

Austerity committee: austere approach?

EDITORIAL: The government has constituted a National Austerity Committee (NAC) with the objective of compiling a ...

Published 26 Jan, 2023 05:58am

Business & Finance

‘Austerity Committee’ constituted

ISLAMABAD: The government has constituted National Austerity Committee on Friday to take austerity measures for...

Published 21 Jan, 2023 07:09am

World

Bulgaria expects fiscal deficit of 1% of GDP for 2022

SOFIA: Bulgaria expects to end 2022 with a fiscal deficit of 1.5 billion levs ($821.11 million), equal to 1.0% of...

Published 31 Dec, 2022 12:45pm

Business & Finance

Q1 fiscal deficit soars to 1pc of GDP from 0.7pc of GDP YoY

ISLAMABAD: The government has closed the first quarter of the current fiscal year with one percent of GDP fiscal...

Published 06 Nov, 2022 03:44am

Print

Jul 1-Sept 2 govt borrowing rises 21pc to Rs58bn YoY

KARACHI: The borrowing for budgetary support rose by 21 percent during a little over first two months of this fiscal...

Updated 17 Sep, 2022 09:57am

Opinion

Fiscal performance in 2021-22

The results of fiscal operations for 2021-22 have been released. It is a spectacle of one of the worst fiscal...

Published 24 Aug, 2022 05:08am

Opinion

FY2023: An auspicious start

Around mid-July, Pak-istan witnessed most volatile conditions in the forex market. Political turmoil, delays in...

Published 11 Aug, 2022 04:35am

Business & Finance

Rs 466.5bn raised via auction for MTBs

KARACHI: The federal government on Wednesday raised Rs 466.5 billion from the domestic banking system through the...

Published 11 Aug, 2022 04:35am

Pakistan

Austerity measures: FD issues office memorandum

ISLAMABAD: The Finance Division on Thursday issued an office memorandum of austerity measures for the ongoing fiscal...

Published 08 Jul, 2022 06:19am

Business & Finance

Auction for MTBs: Rs1.74trn mopped up to finance fiscal deficit

KARACHI: The federal government Wednesday borrowed Rs 1.74 trillion from domestic banking system to finance the...

Updated 30 Jun, 2022 09:49am

World

India aims to keep FY2023 fiscal deficit at last year’s level

NEW DELHI/MUMBAI: India’s government will not be able to cut its budget deficit this fiscal year as previously...

Published 24 Jun, 2022 07:18am

Opinion

A fiscal quagmire: genesis

In the last article, many readers felt that there was no explanation as to how we came to this pass and what ...

Published 25 May, 2022 04:40am

Business & Finance

1,000 items: expert underscores need for withdrawing GST

LAHORE: Renowned economist and academician Dr Qais Aslam has advised the government to withdraw General Sales Tax...

Published 14 May, 2022 04:05am

Opinion

Burgeoning fiscal deficit

The information on fiscal operations during the first three quarters of 2021-22 has been released recently by the...

Published 10 May, 2022 05:10am

BR Research

Fiscal turmoil: slipping out of hand

The fiscal deficit is slipping fast amidst drying fiscal financing options for the government. Government cash...

Published 29 Apr, 2022 09:47am

Business & Finance

With progress in IMF talks, external sector to stabilise gradually: expert

KARACHI: With progress made in talks between the government and the International Monetary Fund (IMF), Pakistan’s...

Published 27 Apr, 2022 06:11am

Print

Nine months: fiscal deficit stands at 4pc of GDP

ISLAMABAD: The country’s overall fiscal deficit during the first three quarters of the current fiscal year –...

Updated 27 Apr, 2022 10:44am

Opinion

Economy: sanity must prevail

Times are tough. The fiscal deficit is slipping, and the circular debt is growing due to growing energy prices...

Published 25 Apr, 2022 05:42am

Print

Govt may increase fiscal deficit to Rs5,600bn to discredit PTI: Tarin

ISLAMABAD: Leader of Pakistan Tehreek-e-Insaf (PTI) and former finance minister Shaukat Tarin on Wednesday said the...

Updated 21 Apr, 2022 10:44am

BR Research

Wanted: Shehbaz speed in Islamabad

Stocks, bonds, and currency markets rallied soon after the new government took office. Markets were jittery due to...

Published 13 Apr, 2022 08:09am

Business & Finance

Budget deficit to balloon to Rs5.6tr in FY22, says Miftah as he slams PTI's economic policies

In press conference on Tuesday, PML-N leader says adding amount of supplementary grant would take deficit's total to Rs6.4tr

Updated 12 Apr, 2022 10:13pm

Opinion

Economic outlook for 2021-22

The motivation for this article lies in the macroeconomic projections for 2021-22 contained in the Annual Report for...

Updated 30 Nov, 2021 06:26am

Print

Provincial surplus helps government contain Q1 fiscal deficit

Growth responsiveness to stimulus package more than anticipated, economy likely to surpass the annual growth target by a fair margin

Updated 27 Nov, 2021 12:18pm

BR Research

GDP rebase long overdue

The talk of the town in economic circles right now is that Pakistan’s total debt and liabilities stock has crossed...

Published 26 Nov, 2021 06:34am

Opinion

Budgetary outlay in Q1 of FY22

The information on fiscal operations during the first quarter of 2021-22 of the Federal and the provincial...

Updated 16 Nov, 2021 10:43am

Print

MoF update, outlook: Jul-Aug fiscal deficit stands at 0.9pc of GDP

ISLAMABAD: The fiscal deficit during the first two months of the current fiscal year (Jul-Aug 2022) was recorded at...

Updated 29 Oct, 2021 01:55pm

Print

Rs2.983trn fiscal deficit financed through domestic debt

ISLAMABAD: The federal government mainly relied on domestic borrowing (debt market) to finance the fiscal deficit...

Updated 02 Oct, 2021 09:55am

Business & Finance

Resolving issues raised by traders can help govt contain fiscal deficit: Senator Talha

KARACHI: Senator Muhammad Talha Mahmood Chairman of the Senate Standing Committee on Finance has said that the...

Published 20 Sep, 2021 05:23am