Tag Archives: Nine-month fiscal deficit widens to 3.6pc

ISLAMABAD: The country’s fiscal deficit has increased to 3.6 per cent of gross domestic product (GDP) or Rs1.652 trillion during the first nine months (July-March) of the current fiscal year despite a drastic cut in development, almost static defence expenditure, healthy provincial cash surpluses and record petroleum levy collections. The consolidated data on fiscal operations for the first three quarters …

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