WebJul 20, 2024 · The current account deficit was 6.1 percent of GDP in FY18 and 4.1 percent of GDP in FY17, according to data released by the State Bank of Pakistan (SBP) on Monday. … WebApr 11, 2024 · Hardly 10% of Pakistan’s imports can be considered non-essential from a public perspective. At present, several scholars have come to agree that the fiscal deficit is exerting pressure on the current account. It was never the entire economy of the country, which was running out of dollars, it was just the government.
Pakistan
WebFeb 24, 2024 · This was the highest-ever current account deficit for the country. The last time the figure was this high was back in October 2008 when it was $2.03bn. According to … WebPakistan's current account deficit widened 43 percent to $18 billion in the fiscal year that ended June 30, while the fiscal deficit has ballooned to 6.8 percent of the economy. tempus np
Pakistan Current Account Balance, 1976 – 2024 CEIC Data
WebPakistan's electricity sector is a developing market. For years, the matter of balancing the country's supply against the demand for electricity had remained a largely unresolved matter. The country faced significant challenges in revamping its network responsible for the supply of electricity. Electricity generators were seeking a parity in ... WebApr 11, 2024 · Remittances from Pakistanis living abroad reached a seven-month high of $2.5 billion in March, presumably as a result of Ramadan and Eid-ul-Fitr, Geo News has reported. According to figures released on Monday by the State Bank of Pakistan (SBP), the amount of remittances received by employers was 27% higher than it had been in the … WebApr 11, 2024 · This would be almost three times the size of last year’s budget deficit. Russia’s current account surplus is also predicted to decline sharply to 3.6 per cent of GDP this year from 10.3 per cent a year earlier, due to much weaker terms of trade, lower energy volumes, and a recovery of imports, the spokesperson said. tempus nu manual