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Tag: current account deficit

Current account deficit narrows by 91% in October, stands at $74m

Current account deficit narrows by 91% in October, stands at $74m

SBP projects 2-3 % GDP growth in 2023-24

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SBP projects 2-3 % GDP growth in 2023-24

Current account remains in surplus for 9MFY21

Current account remains in surplus for 9MFY21

Current account deficit shrinks 75pc to $50m in February

Current account deficit shrinks 75pc to $50m in February

Current account records $229m deficit in January: SBP

Current account records $229m deficit in January: SBP

Current account deficit shrinks 78pc to $2.9bn in FY20

Current account deficit shrinks 78pc to $2.9bn in FY20

US current account deficit edges down; Covid-19 curbs trade

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US current account deficit edges down; Covid-19 curbs trade

Tax collection had enhanced 17pc before Covid-19: Asad Umar

Tax collection had enhanced 17pc before Covid-19: Asad Umar

Current account deficit shrinks 51pc to $572m in April

Current account deficit shrinks 51pc to $572m in April

Current account deficit shrinks 73pc in nine months

Current account deficit shrinks 73pc in nine months

Current account deficit shrinks 36pc YoY in Jan

Current account deficit shrinks 36pc YoY in Jan

Big industry contracts 5.9pc in 3MFY20

Big industry contracts 5.9pc in 3MFY20

'Current account deficit falls 64pc, FDI surges 137pc in first quarter'

'Current account deficit falls 64pc, FDI surges 137pc in first quarter'

Current account deficit contracts by massive 64pc

Current account deficit contracts by massive 64pc

Current account deficit contracts 55pc in two months

Current account deficit contracts 55pc in two months

Pakistan unlikely to be placed in FATF blacklist, Hammad Azhar says

Pakistan unlikely to be placed in FATF blacklist, Hammad Azhar says

Current account deficit drops 32pc

Current account deficit drops 32pc

FBR's revenues to surge to Rs10.5tr by 2023-24: IMF

FBR's revenues to surge to Rs10.5tr by 2023-24: IMF

'Govt’s economic decisions to pay dividends soon'

'Govt’s economic decisions to pay dividends soon'

Current account deficit may shrink to $7bn in FY19: APTMA

Current account deficit may shrink to $7bn in FY19: APTMA

'Impact of stabilisation measures begin to unfold'

'Impact of stabilisation measures begin to unfold'

Non-oil imports contract 20% YoY to $3.5b; the most in last nine years

Non-oil imports contract 20% YoY to $3.5b; the most in last nine years

Current account deficit nosedives 48% MoM to $809m in January

Current account deficit nosedives 48% MoM to $809m in January

Pakistan has steered itself out of financial crisis: SBP governor

Pakistan has steered itself out of financial crisis: SBP governor

Overseas Pakistani's remit $12.774 billion in first seven months of FY19

Overseas Pakistani's remit $12.774 billion in first seven months of FY19

Close to reaching agreement with IMF, says Asad Umar

Close to reaching agreement with IMF, says Asad Umar

S&P downgrades Pakistan's rating to B-, says recovery to take longer

S&P downgrades Pakistan's rating to B-, says recovery to take longer

Measures put in place to control hike in internal & external debt: Hammad Azhar

Measures put in place to control hike in internal & external debt: Hammad Azhar

SBP hikes key interest rate by 25 basis points to 10.25%

SBP hikes key interest rate by 25 basis points to 10.25%

Mini-budget supports exports, but increases fiscal consolidation challenges: Moody’s

Mini-budget supports exports, but increases fiscal consolidation challenges: Moody’s

Aside Chinese CPEC linked inflows, FDI witnessed no major activity in Q1-FY19: SBP

Aside Chinese CPEC linked inflows, FDI witnessed no major activity in Q1-FY19: SBP

IMF calls for further taxation measures to stabilize economy

IMF calls for further taxation measures to stabilize economy

Economic reforms package to help boost exports, trade and investment

Economic reforms package to help boost exports, trade and investment

Finance minister sees financial assistance from China within next few days

Finance minister sees financial assistance from China within next few days

UN cuts 2019 growth forecast to below 4% for Pakistan

UN cuts 2019 growth forecast to below 4% for Pakistan

Pakistan can cope with financial crisis without approaching IMF: Asad Umar

Pakistan can cope with financial crisis without approaching IMF: Asad Umar

Pakistan's budget deficit projected to clock at 6% for FY18-19: Fitch Solutions

Pakistan's budget deficit projected to clock at 6% for FY18-19: Fitch Solutions

Fitch downgrades Pakistan’s rating to B-, maintains stable outlook

Fitch downgrades Pakistan’s rating to B-, maintains stable outlook

Pakistan’s GDP growth to slow to 4.3%-4.7% in FY19 and FY20: Moody’s

Pakistan’s GDP growth to slow to 4.3%-4.7% in FY19 and FY20: Moody’s

SBP raises key interest rate by 150 basis points to 10%

SBP raises key interest rate by 150 basis points to 10%

Devaluation 'inevitable', govt says after rupee falls to historic low

Devaluation 'inevitable', govt says after rupee falls to historic low

Explainer: Pakistan’s twin deficits and how can they be contained?

Explainer: Pakistan’s twin deficits and how can they be contained?

Pakistan's first tranche of $1 billion aid from Saudi Arabia to arrive on Monday: Asad Umar

Pakistan's first tranche of $1 billion aid from Saudi Arabia to arrive on Monday: Asad Umar

Pakistan’s economy to grow 2.9% annually from 2018-2023: EIU

Pakistan’s economy to grow 2.9% annually from 2018-2023: EIU

On eve of IMF talks, Pakistan says balance of payments crisis over

On eve of IMF talks, Pakistan says balance of payments crisis over

Pakistan to begin talks with IMF over yet another bailout

Pakistan to begin talks with IMF over yet another bailout

IMF’s bailout if endorsed would be to stabilize the Pakistan economy

IMF’s bailout if endorsed would be to stabilize the Pakistan economy

Asad Umar defends move to approach friendly countries, IMF for financial assistance

Asad Umar defends move to approach friendly countries, IMF for financial assistance

Current account deficit contracts 2.6pc in three months

Current account deficit contracts 2.6pc in three months

Pakistan needs to get out of the comfort zone, end cycle of borrowing

Pakistan needs to get out of the comfort zone, end cycle of borrowing

IMF bailout package to be tabled before parliament for approval: Asad Umar

IMF bailout package to be tabled before parliament for approval: Asad Umar

Rupee rebounds by Rs1.87 against dollar in inter-bank market

Rupee rebounds by Rs1.87 against dollar in inter-bank market

Pakistan seeking $8 billion IMF bailout: Report

Pakistan seeking $8 billion IMF bailout: Report

Record rupee devaluation pushes total debt & liabilities to shoot up by Rs900 billion

Record rupee devaluation pushes total debt & liabilities to shoot up by Rs900 billion

Rupee touches record low of Rs139 against dollar in inter-bank market

Rupee touches record low of Rs139 against dollar in inter-bank market

Pakistan’s economy to slow down to 4.8 percent in FY19: World Bank

Pakistan’s economy to slow down to 4.8 percent in FY19: World Bank

Pakistan may go to IMF but will seek other options first: PM

Pakistan may go to IMF but will seek other options first: PM

Pakistan confronted by difficult economic situation: IMF

Pakistan confronted by difficult economic situation: IMF

Seeking IMF bailout, the only feasible option: Report

Seeking IMF bailout, the only feasible option: Report

$10-12 billion financing gap being faced by Pakistan, says IMF

$10-12 billion financing gap being faced by Pakistan, says IMF

SBP raises key interest rate by 100 basis points to 8.5 percent

SBP raises key interest rate by 100 basis points to 8.5 percent

Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

Ban cheese imports? Pakistan discusses outside-the-box ideas to avoid IMF bailout

EAC asks govt to take tough decisions to steer country out of economic crisis

EAC asks govt to take tough decisions to steer country out of economic crisis

Caretaker govt projects Pakistan to pay $9.3 billion in external debt servicing

Caretaker govt projects Pakistan to pay $9.3 billion in external debt servicing

Imran Khan elected PM, as currency crisis looms

Imran Khan elected PM, as currency crisis looms

Rapid depletion in reserves, unsustainable fiscal deficit hurting economy

Rapid depletion in reserves, unsustainable fiscal deficit hurting economy

Fitch warns external finance risks could constrain incoming government

Fitch warns external finance risks could constrain incoming government

New govt tasked with saving economy from major crisis

New govt tasked with saving economy from major crisis

Uphill task for incoming govt as trade deficit worsens

Uphill task for incoming govt as trade deficit worsens

Finance minister-in-waiting given dossiers to tackle economic challenges

Finance minister-in-waiting given dossiers to tackle economic challenges

Pakistan to decide whether to seek IMF bailout 'by September'

Pakistan to decide whether to seek IMF bailout 'by September'

Pakistan seeks record IMF bailout of $10-12 billion: Financial Times

Pakistan seeks record IMF bailout of $10-12 billion: Financial Times

$4.5b credit financing facility extended by IDB to boost oil imports

$4.5b credit financing facility extended by IDB to boost oil imports

A narrow tax base to be the main challenge for next government: Moody’s

A narrow tax base to be the main challenge for next government: Moody’s

Pakistan's Imran Khan faces tough test in looming economic crisis

Pakistan's Imran Khan faces tough test in looming economic crisis

Economists, business community welcome Imran Khan’s pledges for economy, good governance

Economists, business community welcome Imran Khan’s pledges for economy, good governance

Will PTI cure the economic malaise left by PML-N?

Will PTI cure the economic malaise left by PML-N?

Painful structural adjustments on macro weaknesses await next government

Painful structural adjustments on macro weaknesses await next government

Investors to remain cautious ahead of political uncertainty next week

Investors to remain cautious ahead of political uncertainty next week

Manifestos of major political parties lack immediate solution to economic issues

Manifestos of major political parties lack immediate solution to economic issues

Imports touch record high of $60.898 billion in FY18

Imports touch record high of $60.898 billion in FY18

Fitch Ratings appreciates steps taken to ease pressure on external account situation

Fitch Ratings appreciates steps taken to ease pressure on external account situation

Country’s oil import bill surges by 30.43pc to $12.928bn

Country’s oil import bill surges by 30.43pc to $12.928bn

Inflation to spike up after latest rupee devaluation

Inflation to spike up after latest rupee devaluation

Immediate corrective measures required to stem economic decline

Immediate corrective measures required to stem economic decline

Pakistan set to get $1-2 billion from China to boost forex reserves

Pakistan set to get $1-2 billion from China to boost forex reserves

Economic Survey 2017-18: Net debt increased 61.4pc

Economic Survey 2017-18: Net debt increased 61.4pc

Govt projects average growth rate of 6.7 percent under 12th Five Year Plan

Govt projects average growth rate of 6.7 percent under 12th Five Year Plan

Pakistan informs U.S it isn't seeking any bailout from the IMF

Pakistan informs U.S it isn't seeking any bailout from the IMF

Pakistan contemplating floating a Panda Bond: Report

Pakistan contemplating floating a Panda Bond: Report