Tag Archives: Deficit

Despite the Trump administration’s efforts to curb the Chinese trade surplus with the U.S. by imposing tariffs on Chinese goods, trade between the two countries became even more lopsided in 2018. According to Chinese government data released today, the Chinese surplus grew by another …

Apart from managing the twin deficits (fiscal and current) in 2019, the government will be on its toes to clear two important tests: One is the stabilization program to be signed with the International Monetary Fund (IMF) and the second …

The critical juncture at which the present government was formed may prove to be a bane or boon for Pakistan which could be witnessed in the days to come. On one hand, it is confronted with corruption, taxation and fiscal …

The grand ceremony held in Islamabad to mark completion of 100 days of Prime Minister Imran Khan’s government may have been illustrious, but certainly fall short in proving that much has been achieved. During election campaign and soon after attaining …

The last fiscal year concluded with a mammoth fiscal deficit of 6.6 percent of GDP (Rs2.260 trillion) and a record $18 billion (5.7 percent of GDP) current account deficit. It was in this backdrop that the government came up with …

The economists and analysts seem to be clearly divided into two groups, one demanding immediate negotiations with the lender of last resort and other still living under the illusion that Pakistan can live without the crutched of IMF. While the …

In an attempt to usher change in the way economy of Pakistan is managed, the incumbent government headed by Imran Khan has submitted some proposals to make some ‘desirable and people friendly changes in the budget 2018-19’ before the parliament …

Pakistan Tehreek-e-Insaf (PTI) government with many other challenges inherited a trade deficit. Government has to first accept challenges and identify the resources Pakistan has right now. As per 2017 trade export data, Pakistan managed to export textile articles, sets, worn …

Pakistan ranked third largest fiscal deficit country among 36 economies: ADB Pakistan recorded a record budget deficit of Rs2.26 trillion (6.6 percent of GDP) in the last financial year 2017-18 due to a lagged performance of the tax machinery and …

Having undergone a whopping trade deficit of over $38 billion and spooky current account deficit of $18 billion, Pakistan must take outright measures to curtail import to the maximum failing to which the economic woes could cripple every sector of …