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Increase In Pakistan’s Fiscal Deficit

Pakistan’s fiscal deficit has been recorded during the first half of the fiscal year.

According to the details, exports in the first half of the current financial year have recorded a declining trend in foreign investment, which has led to an increase in the fiscal deficit.

The fiscal deficit has increased by 21.6 per cent to Rs. 822 billion as against a record deficit of Rs. 676 billion during the same period last fiscal.

Foreign investment fell 29.8 percent year-on-year, while the volume of foreign investment fell from ارب 1.35 billion to 95 950 million.

In the first six months, the disbursement of funds for PSDP has declined by 16.8 per cent while the current account surplus has been ڈالر 1.1 billion this financial year.

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