Tag Archives: Govt puts half-year fiscal deficit at 3.1pc of GDP

ISLAMABAD: Highlighting certain risks to fiscal sustainability, the federal government has reported its half-year (July-December) fiscal deficit at 3.1 per cent of GDP, or the highest-ever figure of Rs1.393 trillion in absolute terms. In its mid-year Budget Review Report submitted to the parliament as required under the Public Finance Act, 2019, the Ministry of Finance on Monday claimed credit for …

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