Fiscal Deficit Remains Contained at 3.6% of GDP in Nine Months
Fiscal Deficit Remains Contained at 3.6% of GDP in Nine Months Primary surplus at 1.0 percent of GDP Pakistan’s Fiscal Deficit has clocked in at 3.6 percent of GDP (or Rs. 1,652 billion) in 9MFY21 compared to 3.8 percent of GDP (or Rs. 1,686 billion) in 9MFY20, a research report by the brokerage house Topline Securities revealed on Thursday. It translates into a decrease of 2 percent YoY during 9MFY21. While the overall deficit remained in check, the government has also managed to record a surplus in Primary Balance at 1.0 percent of GDP (or Rs. 452 billion), higher than agreed with the Int...
Source: propakistani.pk